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What is Strategic Planning?

A simple enough question to answer – right? However, whenever you ask it you invariably get a wide range of answers. Before any organization embarks on a strategic planning exercise, the best advice is to be clear about what you are doing through strategic planning, what it will (and won’t) include, and why you are […]

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9 Ideas You Can Implement TODAY to Make Your Organization’s Business Strategy “the Way You Work”

One of the primary goals of the strategy management effort in any company should be to create a strategy-focused organization – one where ensuring that everything in the organization (i.e. financial and non-financial resources, projects, work activities, human capital plans, etc.) is aligned with (and delivers on) the business strategy on an ongoing basis is, in […]

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The 7 “Must Have” Elements That Will Unleash the Potential of Your Strategy Map

The strategy map is a powerful picture that truly paints a thousand words about your business strategy. Despite its simplicity and power potential, the strategy map is largely forgotten, or is sub-optimized, by many organizations. Why is this the case? Why would organizations not take advantage of a powerful and proven business planning and performance management tool? […]

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Who’s Minding Your Strategy?

When you look at successful, high performance organizations, one of the main things you realize is that they look at strategy creation and strategy execution as key business processes. These two processes together can be called a company’s dynamic strategy management process. I’m going to refer to these strategy-related business performance management processes in this […]

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Strategy Management’s Chicken or the Egg Dilemma

What comes first – the strategy map or the validated cause and effect model? As you may know, the strategy map and balanced scorecard approaches to business strategy and performance management provide you with the ability to map out AND demonstrate the cause and effect relationships that exist in your organization. I call this cause […]

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Is Your Balanced Scorecard All That It Can Be?

The balanced scorecard is a truly powerful tool for business results achievement – I know because I have seen it make a significant contribution to the success of many different organizations. Actually, I’ve seen it AND I’ve experienced it (as an employee in a dedicated balanced scorecard organization). However, sometimes I feel like I know […]

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