One Question That Will Change How You Think About Strategy
The easiest strategic choice is to just keep doing what you’re doing. Stay the course. And sometimes that’s also the right choice, but when it is the wrong choice, it often sneaks up on you. By the time a current or future competitor makes you irrelevant, it is likely too
Read MoreRethinking (beyond COVID) Your Training Strategies
“For too long, L&D has focused on creating day-long training programs where employees are all on the same path, regardless of their individual knowledge or experience” states this article in Chief Learning Officer. Covid-19 has forced us to test and challenge many of our assumptions, such as whether or
Read MoreThe Board of Directors’ Role in the 2020 Crises
2020 has been a year to stress-test people, governments, and companies. On August 19th, 2019, the Business Roundtable shocked many with a statement that the purpose of business was not just to make money for shareholders, but all stakeholders have interests that mattered: “The CEOs of Business Roundtable adopted a
Read MoreFeatured Video Course on Strategic Thinking
We are proud to release another video course, this time on strategic thinking. This 16 video course is titled The Strategic Thinker, the Strategic Process, and Your Strategy. The reason for the title is that we look at strategic thinking multidimensionally, covering the person, the process, and the outcomes. Developing
Read MoreWhat questions do you have about strategic thinking?
A brief message for those who have the opportunity to work on self-improvement during the COVID19 distancing measures. I will be working on a video course on strategic thinking. What questions do you have about strategic thinking, business model canvas, etc.? I will use those questions to help shape my
Read MoreRelentless Patience
When people talk about a lean journey, they say the word “journey” as if they understand it will take time to change a culture, however their behavior often reveals they don’t have the relentless patience will actually take to create change. We talked about the effort required to changing a
Read MoreAre boards of directors focused on strategy?
Theoretically, each higher-level of management should be increasingly long-term focused. That certainly includes the role of the board, who with their role on shareholder value and governance, must ensure that the short-term doesn’t crowd out the long-term. CGMA summarized two surveys assessing boards and the barriers to strategic oversight. Their
Read MoreThe simplest way to get started with process improvement
I have had many conversations lately where people are asking about the simplest way to get started with process improvement. The simplest way is to start with one simple question – why.
Read MorePracticing Lean
The idea that just as doctors practice medicine we must practice lean is the premise of a book I contributed to called Practicing Lean which was edited by Mark Graban. We must be wiling to evolve our practices and learn as we move forward. Order a copy of the book today
Read MoreHow did you spend the first week of the new year?
How did you spend the first week of the new year? If you were like many people, you spent it doing some pretty common things such as catching up on emails and going to some standing meetings, many of which probably began with people trying to remember why we have
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