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Posts from the ‘Strategy’ Category

Strategy and execution

The Most Underestimated Skill of A Great Leader

As a friend once said: “The better strategy is the one that delivers results”! Strategy is key of course, but good execution is absolutely needed to deliver results.

This article summarizes the 3 building blocks of Execution: The Discipline of Getting Things Done, a reference book by Larry Bossidy and Ram Charan:

  • Leader’s essential behaviours
  • Framework for cultural change
  • Competence in the right place

Define your company values

10 Lessons In Defining Your Company Values

As Vision and Mission are typically defined by the company’s founders, Values are a great tool to highlight the culture of the company.

That’s why employees can contribute to identify the company’s Values and to find good examples of their execution.

In this post, Tim Cadogan from OpenX lists 10 steps to help identify your company Values.

The quest for new strategic growth opportunities

The Grass Isn’t Greener

Top managers often search for growth opportunities driven by diversification into new business segments.

To understand the best industry performances, HBR analyzed shareholder returns for 6,138 companies in 65 industries worldwide from 2001 to 2011 and evaluated its Total Shareholder Return (TSR).

Firms in the top quartile had annual total shareholder returns of 17% or more and every major industry had at least one company with a TSR that high.

Strategy is not planning

Don’t Let Strategy Become Planning

Strategy is the making of an integrated set of choices that collectively position the firm in its industry so as to create sustainable advantage relative to competition and deliver superior financial returns.

5 Great tips from Roger Martin, author of “Playing to Win”:

  • Define the winning aspiration: Objective;
  • Where to play: Products-Markets matrix;
  • How to win: Sales & Marketing organization;
  • What capabilities are needed: Core Competencies;
  • What management systems must be instituted: Organizational System.

Three steps to become an accomplished strategist

Strategy Is All About Practice

Three relevant steps to execute a strategy and become an accomplished strategist:

  • Belief
  • Practice
  • Expected outcome definition

Strategy is key, even for startups

Strategy and the Uncertainty Excuse

A company without strategy is like a bobsled without direction, it just moves erratic anywhere…

Mission is a relevant element of strategy

To Give Your Employees Meaning, Start With Mission

One of the most important strategy elements, Mission is a powerful tool to define and to communicate the corporate strategy to employees.

Competition is part of strategy

Battle-test your innovation strategy

McKinsey on applying war games theory to new product decisions.

Old fashion strategy

business units strategy - McKinsey Quarterly - Strategy - Strategic Thinking

Business units strategy

Original article from McKinsey on the evolution of strategic management, the nine-box matrix and MACS – market-activated corporate strategy framework. A must for strategists.

Innovation on established companies

Innovation Isn’t Tied to Size, but to Operating Rules

Innovation is not exclusive to Startup companies. Following on the Corporate Garage article, here are more hints from HP and IBM recent (in)successes.

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