Running a business without strategy is like driving your car without a clear destination and map to get there. It is both confusing and inefficient. Business isn’t something you make up as you go along. The leader needs ensure he/she is well informed about external industry dynamics and the needed related internal capabilities. The best leaders anticipate, then create the future using a well-informed strategy to make it happen. They also ensure everyone in the organization is clear about this direction and why it’s important.
What Are You Not Seeing? Strategic Blind Spots Every CEO Should Address Every once in a while, I like to interrupt the flow of one of my Vistage meetings or…
The Growth Trap There is a dangerous assumption many business owners make when things start moving in the right direction. They see revenue increasing, backlog growing, new opportunities appearing, the…
Business forecasts are often wrong — and yet they can still be a powerful tool for savvy leaders…
In the early 1980s, GTE was positioned to become a major player in the information technology industry. NEC…
Harvard Business School online business courses Why Most Learning Doesn’t Change Behavior—and What Actually Does Most business owners…
Workshop document offering guidance and specific recommendations to ensure effective Strategic Plan implementation.
James Heskett examined leading companies around the world and found that organizational culture makes employees more loyal, more…
While many believe that technological disruption has been rampant for decades, the internet has actually caused much less…
Our solution to both the strategy formulation and execution challenges is radical: Open up your strategy process. Open…
Digital transformation is about changing where value is created, and how your business model is structured. More and…
The Business Model Analyst Understanding a Business Isn’t About What It Does—It’s About How It Works Most people…
Business leaders often are tempted to focus on strategy over culture. But the strongest companies take four key…
This risk management tool is a really easy way to visualize the impact of risk. You can use…
Shifting from cascading information to chartering teams can generate the clarity and commitment your new strategy requires. Chartering…
Strategic agility is the ability to improve performance — not just survive but thrive — amid disruption. Companies…
Wharton@Work The Slow Drift Most Leaders Don’t See Coming Most leaders don’t wake up one day and realize…
The current economic environment threatens the success — and perhaps even the survival — of many small and…
Faced with a global crisis in 2020, board directors and executives reported a renewed focus on corporate resilience…
There's a broad continuum that business leaders can use when deciding how to work with another organization. Not…
To best prepare their organizations and workforces for post-pandemic changes, leaders should think through a set of critical…
MindTools A Management and Leadership Skills Development Platform MindTools is a digital learning and development platform focused on…
This isn’t just about General Electric. It’s about any company—big or small—that grows faster than its systems, confuses…
How does growth transpire in the underrecognized midsize firm? In the authors’ research, they found that the owners,…
The pandemic has hit midsize companies hard and rewarded Amazon and the other digital giants. Many midsize business…
Figuring out the right approach to business building is especially important now as new opportunities for innovation surface.…
Frameworks are everywhere in business. Some, such as the BCG growth share matrix, Porter’s Five Forces, and SWOT…
If you want your company to outlast your own leadership, start with BE 2.0 by Jim Collins. Use…
Business Partnership Screening Tool This tool gives leaders a disciplined way to vet potential business partners. Instead of…
Kick-off presentation to help leadership teams get aligned around strategic thinking and planning.
To better organize for a postpandemic future, leaders should embrace nine imperatives that collectively explain “who we are” as an…
As organizations launch more and more digital initiatives, CEOs must monitor whether they are delivering business results. These…
Conducted in January and February 2021, the 24th Annual Global CEO Survey explores the views of 5,050 chief…
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