Archive: strategic planning

Strategy Management Should Be a Core Competency for Every Organization

Is strategy management (i.e. strategy creation, implementation, measurement, and improvement) a core competency for your organization? If not, it’s time to think about bringing this critical capability in-house. When I refer to strategy management I mean that every organization, from a start-up to a Fortune 500 enterprise to a non-profit organization, should have their business […]

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Collaborative Strategy – Smart or Dumb CEO Move?

The primary premise of collaborative strategy is that giving everyone in your organization a seat at the strategy table delivers huge benefits – to senior leadership, the organization (in the form of better business performance), your customers and stakeholders, and your employees themselves. The outcome of a collaborative strategy approach is a more relevant, actionable […]

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The Four Foundations that Should Frame Every Business Strategy

If you look closely at the inner workings of successful companies, you quickly come to the realization that truly solid market-leading organizations and business strategies are built on four critical foundations: a set of core values; a mission or purpose statement; a timed vision statement; and a clearly articulated customer or stakeholder value proposition. While […]

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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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