Strategy’s most important component—by far—is the organization’s vision. To be clear, strategy should not be confused with anything happening before the next three years; or how any short- or long-term goals are to be accomplished. Strategy is about what your company...
Innovation plays a critical role in the strategy of any company. For a new, small company, innovation determines who will survive the brutal formation stages. For a mid-sized company, innovation is necessary to grow. And for a large company, lack of innovation is a...
It’s the morning of Saturday, October 11th, 2008, and like many others, I have a hangover without the wild party last night. In one week, the Dow Jones Industrial Average lost 1874 points—a staggering 18.15%--marking the largest one week loss ever both in absolute...
Are your business processes taking you where you want to go? If not, the last thing your processes need is business process management. Instead consider business process leadership. Efficiency guru Steven Covey once said, “Management is efficiency in climbing the...