Category Archives: Strategy

Two Innovation Killers

Organizations over-focus on managing the present—increasing efficiencies—and they think they are doing strategy. ~Vijay Govindarajan Over the years, I have had individuals argue during discussions about strategic planning that “getting better” is strategic. Getting better, making improvements is absolutely something … Continue reading

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3 Critical Steps to Get the Most Out of Your SWOT Analysis

Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different. ~Michael Porter A SWOT (strengths, weaknesses, opportunities, threats) analysis is only the beginning of identifying a strategy. I see too many organizations conduct a SWOT and stop … Continue reading

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What distinguishes leaders from laggards?

What distinguishes leaders from laggards and greatness from mediocrity is the ability to uniquely imagine what could be. ~Robert Fritz When I first moved to my condo in Chicago I had a bird’s eye view of The Montgomery. This is … Continue reading

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5 Steps to Build a Strategy

The corporate role is not to see over the horizon but rather to imagine what one might find there, and begin preparations accordingly. This frees the crew to focus its full attention on the shoals and treasures that are already … Continue reading

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Don’t protect, correct your strategic planning!

The trick in [strategic planning] is not to worry about making a wrong decision; it’s learning when to correct! ~Susan Jeffers In Feel the Fear and Do It Anyway Susan Jeffers discusses the crippling effects of fear in her personal … Continue reading

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