Since 2003
Your company is one which builds its strategic plan around an individual’s ideas. But even if the “Big Man” is a brilliant entrepreneur-founder, is it a good idea to include a host of other stakeholders in the process? If the current method isn’t obviously broken, why fix it? Some argue: if a strategic plan is …
Continue reading "Getting Everyone Aboard the Strategy Development Train"
Almost all corporate plans cover the next five years. However, many companies go not a single month further. In other words, they survive on one five-year plan after another. If you have ever questioned the wisdom of this practice, keep reading. Your strategic planning team meets and decides to limit its time horizon to only …
Continue reading "Why 5-Year Plans Aren’t Strategic. They’re Dangerous"
As a manager, you may find it hard to engage in fruitful discussions about the future. You are able to speculate informally over lunch, but be unable to plan strategically in a formal session. You sense that this needs to change, but how? Where will this new skill-set come from? Few things are more distressing …
Continue reading "Having A Foot in Both the Future and the Present"