Archive: strategy management

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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Strategy Ambassadors: The Key to Eliminating Strategy Execution Failure

Employee engagement and strategy execution failure – two stubborn challenges that countless organizations face but may not see as being connected. Big mistake. Here’s something I’ve learned – there IS a connection and employee engagement and commitment is the secret sauce behind successful strategy execution. Let’s review the evidence. I probably don’t need tell you […]

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The Essentials of a Great Balanced Scorecard Report

I frequently get asked for examples of really effective balanced scorecard reports. It seems that many people are unsatisfied with their initial attempts at balanced scorecard reporting. The usual complaints I hear about BSC reports include: “it doesn’t help us focus on what’s important”; “there’s still too much information in the report”; “it’s not easy […]

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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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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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