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.
As we approach the end of 2024, it’s an important time to step back and take a comprehensive look at the past year and plan for 2025. Intentional reflection and forward-thinking vision mark our journey as leaders.
Among many other helpful insights, my business leadership professor at Penn State, Dr. Albert Vicere, taught me almost 30 years ago that every company follows a standard lifecycle. As your business grows, the challenges you face as a leader will evolve and occur naturally. To keep moving the organization forward, it’s crucial that you adapt
Introduction: Navigating the complex world of business risk is a critical aspect of steering your company towards success and sustainability. The array of potential risks can be overwhelming, from economic fluctuations to technological advancements. This blog is designed to provide you with a comprehensive understanding of these risks and introduce an effective tool for managing
Larry Bossidy and Ram Charan
Book SummaryView the BookWhen Execution was first published, it changed the way we did our jobs by focusing on the critical importance of “the discipline of execution”: the ability to make the final leap to success by actually getting things done. Larry Bossidy and Ram Charan now reframe their empowering message for a world in which the old rules have […]
Read morePatrick Bet-David
Book Video Summary InsightsView the BookBoth successful entrepreneurs and chess grandmasters have the vision to look at the pieces in front of them and anticipate their next five moves. In this book, Patrick Bet-David translates this skill into a valuable methodology that applies to high performers at all levels of business. Whether you feel like you’ve hit a wall, lost […]
Read moreThomas Gryta and Ted Mann
Fortune Magazine Book ReviewView the BookHow could General Electric—perhaps America’s most iconic corporation—suffer such a swift and sudden fall from grace? This is the definitive history of General Electric’s epic decline, as told by the two Wall Street Journal reporters who covered its fall. Since its founding in 1892, GE has been more than just a corporation. For generations, it was job security, […]
Read moreWhile speculating about the future of AI is irresistible, the more practical question is how we can use it right now. Conversations about this are taking place in classrooms, newsrooms, and workplaces around the world. As business strategists, the authors wanted to see what generative AI could add to their work. They explored this question […]
Read moreFour specific areas that most leaders care about have genuinely become more difficult in the past few years: hyping up their teams, getting to the truth, focusing on strategy, and staying sane themselves. But understanding how and why each of these leadership loads has become more difficult to carry can set you on the path […]
Read moreYou wrote a business plan to launch your company. To say goodbye to it, you need an exit plan to get the maximum possible return and to limit any future exposure to what happens to the company after your departure. But years of experience teach you that nothing in business is predictable — and that’s […]
Read moreSince its founding in 1963, BCG has become known for its analytical approach to problem-solving, as well as the emphasis it places on the exploration and development of new business ideas and pursuits. Notably, BCG’s founder, Bruce D. Henderson pioneered the field of corporate strategy and developed concepts like the Experience Curve and the Growth-Share […]
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View moreGain actionable skills and insights through free, interactive, online business lessons from leading Harvard Business School faculty and industry experts.
View moreThinking out of the box — it’s one of the most cited strategies for innovation. Corporate philosopher Luc de Brabandere pondered exactly what was happening in our minds when we think creatively, and shares his own perspective on this strategy. He argues that the most incredible ideas don’t come from just thinking beyond the perimeter […]
In this segment, Cameron Herold delivers a Ten Minute Talk™ on The Genius Network on creating and implementing a Vivid Vision. Cameron’s built a dynamic consultancy- his current clients include a ‘Big 4’ wireless carrier and a monarchy. What do his clients say they like most about him? He isn’t a theory guy- they like […]
Please click on this link for the How the Mighty Fall – And Why Some Companies Never Give In Book Summary Five Stages of Decline: Hubris Born of Success Undisciplined Pursuit of More Denial of Risk and Peril Grasping for Salvation Capitulation to Irreverence or Death “The concept of hubris is defined as […]
Read morePlease click on this link for The Elephant and the Flea Book Summary Part I: The Foundations Chapter 1 “The observation of the philosopher Arthur Schopenhauer that all truth passes through three stages. First, it is ridiculed. Second, it is opposed. Third, it is accepted as being self-evident.” P. 5 “…as corporations got bigger […]
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