Do You Know Why Your Strategy May Fail? Not all strategies lead to results…even the best laid plans may not yield the outcomes you hope for. Only 10 Percent of Strategies Get Fully Executed. 9-out-of-10 strategies fail to meet expectations. MORE
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. MORE
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 MORE
Strategy VideoMake the competition irrelevant. MORE
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. MORE
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? MORE
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. MORE
This year's best business books on strategy focus to different degrees on the importance and practice of innovation, Ken Favaro writes. MORE
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)? MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
There's confusion between tactics and strategy. It's worth it, though, because strategy can save you when tactics fail. But that doesn't mean that there's something wrong with your strategy. Your strategy is what you keep doing even after you walk away from a tactic. MORE
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. MORE
Developing a great strategy starts with changing the dynamics in your strategy room. Strategy & Corporate Finance InsightsHere’s how. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
It's no longer enough to target your chosen customers. To stay ahead, you need to create distinctive value and experiences for them MORE
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. MORE
Clear choices can provide stability for your organization while also enhancing your strategic options and ability to adapt MORE
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. MORE
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. MORE
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 MORE
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 MORE
Your strategic planning process and annual off-sites may be holding your directors back MORE
The post Strategy&: Why is having the right strategy more important than ever? Consultant Strategy Videoappeared first on Consultant's Mind. MORE
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. MORE
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 MORE
For more insight, read "10 Principles of Customer Strategy Ten principles that show how companies can position themselves for future customer success. MORE
Strategy Related Topics Management Consulted
NOVEMBER 28, 2017
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
LSA Global
MARCH 5, 2018
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.
McKinsey
JANUARY 19, 2018
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
LSA Global
MARCH 15, 2018
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?
Consultants Mind
JANUARY 26, 2018
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.
McKinsey
FEBRUARY 9, 2018
If you internalize the real odds of strategy, you can tame its social side and make big moves. Our Insights
McKinsey
MARCH 7, 2018
Lack of certainty about the future is the very reason you need a strategy. Strategy & Corporate Finance InsightsInstead, embrace probability.
Strategy+Business
MARCH 14, 2018
Clear choices can provide stability for your organization while also enhancing your strategic options and ability to adapt
Joey Sargent
NOVEMBER 5, 2015
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.
LSA Global
FEBRUARY 9, 2018
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.
LSA Global
DECEMBER 15, 2017
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.
McKinsey
APRIL 16, 2018
Developing a great strategy starts with changing the dynamics in your strategy room. Strategy & Corporate Finance InsightsHere’s how.
Strategy+Business
OCTOBER 30, 2016
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.
Consultants Mind
JULY 20, 2017
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
LSA Global
FEBRUARY 5, 2018
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.
LSA Global
DECEMBER 7, 2017
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.
Consultants Mind
FEBRUARY 27, 2017
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.
LSA Global
NOVEMBER 14, 2017
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+Business
DECEMBER 21, 2016
Your strategic planning process and annual off-sites may be holding your directors back
Cheryl Cran
JANUARY 17, 2017
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.
Harvard Business
NOVEMBER 8, 2017
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.
McKinsey
APRIL 12, 2018
Banks that know where to look can find new sources of untapped value. Digital Insights
McKinsey
JANUARY 5, 2018
The new book on how to beat the odds with a bold strategy. Our Insights
Steve Shu Consulting
NOVEMBER 19, 2017
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)?
Strategy+Business
NOVEMBER 6, 2017
This year's best business books on strategy focus to different degrees on the importance and practice of innovation, Ken Favaro writes.
Strategy+Business
SEPTEMBER 25, 2016
It's no longer enough to target your chosen customers. To stay ahead, you need to create distinctive value and experiences for them
Management Consulted
DECEMBER 31, 2017
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
LSA Global
JANUARY 2, 2018
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.
BCG
APRIL 7, 2017
Many executives criticize their annual strategy-setting process for being poorly suited to today’s fast-changing markets. Article Friday, April 07, 2017.
Consultants Mind
JANUARY 19, 2018
The post Strategy&: Why is having the right strategy more important than ever? Consultant Strategy Videoappeared first on Consultant's Mind.
LSA Global
FEBRUARY 16, 2018
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.
Strategy+Business
SEPTEMBER 25, 2016
For more insight, read "10 Principles of Customer Strategy Ten principles that show how companies can position themselves for future customer success.
LSA Global
OCTOBER 13, 2017
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.
Strategy+Business
FEBRUARY 12, 2017
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
LSA Global
JANUARY 1, 2018
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.
Tom Spencer
SEPTEMBER 7, 2014
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.
Harvard Business
JANUARY 11, 2017
Strategy VideoMake the competition irrelevant.
LSA Global
NOVEMBER 1, 2017
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.
Cheryl Cran
FEBRUARY 19, 2017
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.
LSA Global
AUGUST 7, 2017
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.
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