Strategy, Simplified

Management Consulted

The post Strategy, Simplified appeared first on Management Consulted. What sets great business leaders apart from merely good ones? What will cause us, as we navigate the daunting gap between good and great, to succeed or fail? Honestly, I don’t know. Books have been written on the topic, and … Continued. case studies

2 Popular Approaches to Cascade Corporate Strategies

LSA Global

Simple, Clear Strategies Work Best. Complex businesses like the one diagrammed on the board above require complex strategies, right? To effectively cascade corporate strategies throughout an organization, they must be easily understood, clearly stated, and embraced by all employees.

Why digital strategies fail

McKinsey

Most digital strategies don’t reflect how digital is changing economic fundamentals, industry dynamics, or what it means to compete. Companies should watch out for five pitfalls. Our Insights

4 Reasons Leaders Struggle with Corporate Strategy

LSA Global

The Challenge of a Strategy that Works. Nobody said that putting together a meaningful strategy was easy. But who knew it would be so hard and that so few companies would be successful at designing and implementing coherent strategies across their company?

Strategy consulting 2018 compensation survey

Consultants Mind

Charles Aris – executive recruiter out of North Carolina – do a great job of placing ex-strategy consultants. The post Strategy consulting 2018 compensation survey appeared first on Consultant's Mind. Management consultants make good coin.

Strategy to beat the odds

McKinsey

If you internalize the real odds of strategy, you can tame its social side and make big moves. Our Insights

How to confront uncertainty in your strategy

McKinsey

Lack of certainty about the future is the very reason you need a strategy. Strategy & Corporate Finance InsightsInstead, embrace probability.

Strategy Talk: Can Strategy Be Decisive and Flexible?

Strategy+Business

Clear choices can provide stability for your organization while also enhancing your strategic options and ability to adapt

Stop Chasing Likes: Social Media Success Start with Strategy

Joey Sargent

It ignores strategy. Social media without strategy is simply a hobby, and a time-consuming one at that. I’m not suggesting that Buffer doesn’t have a clear social strategy. Start with Strategy. Even with a great strategy, things change.

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6 Questions for a Winning Sales Strategy

LSA Global

Why a Winning Sales Strategy Matters|. When it comes to a winning sales strategy, our clients work most effectively when they begin by answering six very basic sales strategy questions. Six Questions For a Winning Sales Strategy.

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Ensure Your People Strategy Supports High Growth

LSA Global

Does Your People Strategy Support High Growth? If you are one of the lucky businesses set up for high growth in the coming months or a business that aspires to grow rapidly, be sure your people strategy will support your high growth plans.

Eight shifts that will take your strategy into high gear

McKinsey

Developing a great strategy starts with changing the dynamics in your strategy room. Strategy & Corporate Finance InsightsHere’s how.

Best Business Books 2016: Strategy

Strategy+Business

So it's no surprise that this year's three most compelling books on the topic of strategy touch on how to plan for, quantify, and cope with unpredictability -- in life, business, nature, and geopolitics. Business, like life, is inherently uncertain.

McKinsey Quarterly: The perils of bad strategy

Consultants Mind

Like anything valuable, good strategy is rare. Richard Rumelt, UCLA professor, outlines 4 common ways that companies often fool themselves into a bad strategy in a McKinsey Quarterly article here. Based on his book Good Strategy Bad Strategy: The Difference and Why It Matters (2011) (affiliate link). Bad strategy definitely exists. Consultant bad strategy McKinsey Quarterly Strategy

3 New Strategy Questions to Ask Before Launching a New Strategy

LSA Global

New Strategy Questions to Ask Before Launching a New Strategy. Based upon input from leaders around the globe, we have identified three new strategy questions to ask before launching a new strategy. Three New Strategy Questions to Ask Before Launching a New Strategy.

4 Elements to Ensure Strategy Aligns Behavior

LSA Global

When Strategy Aligns Behavior. A clear, well understood strategy aligns employee behavior within the priorities of the business. When Strategy Does Not Align Behavior. Just think what can happen when the strategy is unclear, unsupported or too far-fetched.

McKinsey: Testing your strategy

Consultants Mind

McKinsey, in a 2011 article entitled Have Your Tested Your Strategy Lately?, makes the very valid point that executives and leaders too often treat strategy as a ” procedural exercise or set of frameworks”, rather than a way of thinking through problems. McKinsey’s advice is to not look for the newest strategy fad or business guru, but instead… Read More » The post McKinsey: Testing your strategy appeared first on Consultant's Mind.

Are Leadership Gaps Threatening Your Strategy?

LSA Global

Are Leadership Gaps Threatening Your Strategy? Are you willing to let leadership gaps threaten the success of your strategy? Business strategies are driven by leaders. New strategies are likely to need leaders with new or different skills.

Strategy and the Board

Strategy+Business

Your strategic planning process and annual off-sites may be holding your directors back

Top Ten Strategies of Highly Innovative Leaders

Cheryl Cran

The Top Ten Strategies of Highly Innovative Leaders Are: A highly innovative leader looks for connections everywhere, you might be surprised to know that Steve Jobs had a hard time explaining his vision for what he could ‘see, feel and taste’ but he had trouble communicating what he saw.

Many Strategies Fail Because They’re Not Actually Strategies

Harvard Business

Many strategy execution processes fail because the firm does not have something worth executing. The strategy consultants come in, do their work, and document the new strategy in a PowerPoint presentation and a weighty report. Town hall meetings are organized, employees are told to change their behavior, balanced scorecards are reformulated, and budgets are set aside to support initiatives that fit the new strategy. Many so-called strategies are in fact goals.

Six digital growth strategies for banks

McKinsey

Banks that know where to look can find new sources of untapped value. Digital Insights

Strategy Beyond the Hockey Stick

McKinsey

The new book on how to beat the odds with a bold strategy. Our Insights

The So What Strategy – A Highly Recommended Book for Business Communications

Steve Shu Consulting

I’ve recently read “The So What Strategy,” a book on business communications, and wanted to share my thoughts on the book. So what do I think about “The So What Strategy” by Davina Stanley and Gerard Castles (formerly communications specialists at McKinsey & Company)?

Best Business Books 2017: Strategy

Strategy+Business

This year's best business books on strategy focus to different degrees on the importance and practice of innovation, Ken Favaro writes.

10 Principles of Customer Strategy

Strategy+Business

It's no longer enough to target your chosen customers. To stay ahead, you need to create distinctive value and experiences for them

5 Ways Tech Consulting differs from Strategy Consulting

Management Consulted

Last week, we explored how Tech consulting experience can hurt you when it comes to applying for more strategy-focused roles, and how to mitigate this during the recruiting process. The post 5 Ways Tech Consulting differs from Strategy Consulting appeared first on Management Consulted. While tech consulting is incredibly meaningful work (not to mention the … Continued. management consulting

How to Develop the Right Strategy to Win

LSA Global

How to Develop the Right Strategy. When you can develop the right strategy…one that is clear, agreed-upon and achievable…you are set up to win the game and outperform your competition. Top 10 Signs of a Bad Strategy. Let’s start with the most common signs of a bad strategy.

Always-On Strategy

BCG

Many executives criticize their annual strategy-setting process for being poorly suited to today’s fast-changing markets. Article Friday, April 07, 2017.

Strategy&: Why is having the right strategy more important than ever?

Consultants Mind

The post Strategy&: Why is having the right strategy more important than ever? Consultant Strategy Videoappeared first on Consultant's Mind.

How to Increase the Odds of Successful Strategy Execution

LSA Global

Successful Strategy Execution. Strategic vision needs successful strategy execution to create sustainable results. cloud computing) can put you and your company on the path to success, successful strategy execution is the difference between short- and long-term staying power.

A Guide to Customer Strategy

Strategy+Business

For more insight, read "10 Principles of Customer Strategy Ten principles that show how companies can position themselves for future customer success.

4 Ways to Jump Start a Stalled Strategy

LSA Global

Do You Need to Jump Start a Stalled Strategy? IBM reports that less than 10% of strategies are effectively executed and our organizational alignment research finds that strategic clarity is 50% lower outside of the executive suite. Strategy Must Go Through Culture and People.

10 Principles of Strategy through Execution

Strategy+Business

Be ambidextrous (sophisticated at both strategy and execution). Align structures to strategy. Do all those things, and your company will be on its way to effectively executing its strategy

Jenny Dearborn Data Driven Strategies

LSA Global

Data-driven Decision-making and Strategies. This book is for you if you want to learn about Jenny’s take on data-driven decision-making and strategies and how to: Understand essential data science principles and corporate analytics models. The post Jenny Dearborn Data Driven Strategies appeared first on LSA Global. Jenny Dearborn Data Driven: How Performance Analytics Delivers Extraordinary Sales Results.

Growth Strategies

Tom Spencer

Growth strategy begins with identifying the source of the problem – you will want to look at customers, products, the company and its competitors. They want to develop a growth strategy for the next five years.

The Explainer: Blue Ocean Strategy

Harvard Business

Strategy VideoMake the competition irrelevant.

3 Steps to Better Cascade Your Corporate Strategy

LSA Global

How to Better Cascade Your Corporate Strategy. In business we use the verb “cascading” when we talk about communicating and embedding a corporate strategy throughout the organization. Effective Strategy Cascading Creates Alignment, Accountability and Meaning.

Top 10 Strategies of Highly Effective Leaders

Cheryl Cran

Top 10 strategies of highly effective leaders. Strategy #2 – Replicates – a highly effective leader today knows that to get more done he or she needs to replicate his or her abilities to their team members. Strategy #4 – Inspires – a great leader doesn’t command, control or coerce.

Clear Business Strategies Set You Up for Success

LSA Global

Our organizational alignment research found that clear business strategies account for 31% of the difference between high and low performing companies. It is your corporate strategy that delineates the clear and compelling choices about where to play and what actions to take.