When you think of the word strategy, what comes to mind? Perhaps you think of an involved strategic planning system. Maybe you think of directors having retreats, coming up with the future direction. One thing people rarely think of is the front line staff of the organisation. Fewer still think of strategies as ephemeral, applicable […]
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Daniel Rose’s Top Tips for Effective Strategy
Strategy first entered the business world after World War Two. Leaders from military backgrounds entered the business arena, and brought with them their military concepts. Strategy was one of them. In broad, modern terms, strategy defines what an organisation does. Compare that with tactics, or operational strategies, which refer to how the strategy is to be […]
Read More Management, Planning, StrategyStrategy — Whose job is it, anyway?
Strategy is an interesting topic. Developing strategy is the process of devising a plan with a specific goal, or goals, in mind. So, if we know what it is, who’s job is it? Conventional wisdom tells us that leaders are responsible for strategy. They drive the strategic direction of the organisation, and act as a catalyst […]
Read More Employee engagement, Management, StrategyLosing customers for growth
Recently I made a post about the laughable practice of cutting back in order to grow your business. As crazy as that idea is, I’m about to tell you why you should do exactly that. When I talk of cutting back, I usually mean cutting costs, dropping service levels, reducing marketing and other things of […]
Read More Customer service, Growth, StrategyDo you know your competition?
How well do you know your competition? Can you name them and their unique traits, or do you have trouble remembering their names? It’s an important question, and it deserves your attention. Knowing your competition may seem unimportant, but in reality it’s one of the most important things in business. Before you can really develop […]
Read More Competitive intelligence, Management, StrategyBook Review: The Execution Premium
Sometimes I find a book on a topic that really interests me, but I just can’t get into it. “The Execution Premium” by Robert Kaplan and David Norton was one of those books. The book is the latest in the group of balanced scorecard based books by Kaplan and Norton. It’s a great concept, linking strategy […]
Read More Management, StrategyVisualising communication
I’m very interested in the theoretical side of both management and people. I find the interactions that occur in organisations absolutely amazing to observe. Some time ago I posted an article on strategy vectors, which is a concept of Dr. Omer Livvarcin. I won’t explain it in detail again, but I will say it’s a […]
Read More Communication, Management, Strategy, VectorsWhy the best is too much
When I ask people what the vision is for their organisation, quite a few answer that they want to be “the best”. It’s not a bad vision by any means, but it might be too much. In real terms being the best might overkill. Think about it in terms of the amount of time, energy and […]
Read More Management, Strategy, VisionStrategy goes down, planning goes up
I was having a conversation about planning with a colleague the other day. We were discussing how strategy and planning integrate, or at least how they should. I think Sun Tzu had it right in the quote above. To start with, a great number of people don’t understand the difference between strategy and planning. When I […]
Read More Management, Planning, StrategyIs strategy more important than people?
What is more important in an organisation? Is it the strategy put in place by the executives, or the people that execute that strategy? It’s a topic that could be debated back and forth for hours. For those who haven’t read my previous posts, I really consider that any business is all about people. Without […]
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