Tag: Strategic planning
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Complexity: A Sign of Organizational Laziness
In my high school English class, most assignments came with the requirement “must be at least 10 pages”. Five short years later while pursuing my MBA, the final paper in my Organizational Strategy class had a very different requirement – “must not exceed 3 pages”. Imagine an entire semester’s work distilled to 3 pages. Oh,…
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How to Achieve your Strategic Plan: Part 2 of 2
In my last post I summarized the top 4 reasons why 9 out of 10 Strategic Plans fail. But you don’t get rewarded for predicting rain, you get rewarded for building an ark. So how do you ensure that you achieve your strategic plans? How do you keep everyone moving in the same direction? How do you get…
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How to Achieve your Strategic Plan: Part 1 of 2
In honor of every company that is developing their strategic plans and annual budgets, I wanted to share with you some sobering news: 9 out of 10 of your strategic plans are going to fail. In the first entry of a two-part post, I’ll address the four most common reasons why Strategic Plans fail. In…
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Technology And Big Data: Reinventing The Customer-Supplier Relationship
This post was originally published as a guest column in Field Technologies Online. The marketplace for equipment manufacturers is rapidly moving from a pure product focus to a customer outcome-based focus. With this change, every manufacturer will be faced with the hard truth that their customers are changing the way they purchase. New customer expectations,…
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Worst to First: Everyone loves a turn around!
Everyone loves turnaround stories. They give us hope. They tell us that no matter how bad things are now, change is possible and that greatness is just around the corner. They provide inspiration and reward loyalty. Even though our team hasn’t been to the playoffs in 14 years, our loyalty will be rewarded and this…
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Praise for The Perpetual Innovation Machine
Take a look at what executives and thought leaders are saying about The Perpetual Innovation Machine, a book that describes a holistic approach to management which uses data-driven analysis, skillful prioritization, inspiring leadership and the ‘lost art’ of employee engagement to achieve exceptional results. Competition in the 21st Century is about ‘innovation as a mindset…