Strategic planning came into its own during the 1950s and 1960s and has grown into an annual event for organizations of all types, including for profit and nonprofit. The strategic planning process places tremendous pressure on leaders and their teams in terms of time and resources. There are innumerable factors to weigh, such as [...]
Achieving sustainable and scalable sales is the natural output of a successful broad analysis of factors. A PEST Analysis is commonly used to assess extremely broad factors of Political, Economic, Socio-demographic (social), and Technological. These four factors apply significant pressure and influence on a business’s current and future prospects. Knowing what will provide an [...]
Scalability is the natural output of a successfully sustained organization. A healthy organization can weather the storms that often arise from fast growth and is not hampered by a lack of financial resources or internal operational dysfunction. The past decade’s technology has allowed many different types of organizations to increase their growth rate as [...]
Great strategy spontaneously emerges at least as often as it’s deliberately planned. New starts and smart starts are often developed in the spur of the moment when ideas are flying! If your idea of strategic planning relies upon a template with a rigid format, you can easily prevent the innovation produced when everyone on [...]
When the economy changes quickly, companies often react in very predictable ways. They make cuts in their operations to lower their expenses, raise their prices, or learn to live with less margin. Although these are in many leaders’ playbooks, we recommend rethinking your present circumstances through our “Growth Model” lens that allows you to [...]
Most executives think of decision making as a singular event that occurs at a particular point in time. Many call this a pivot or transition. Months into the global pandemic has taught us one large lesson: the world is forever changed and it's not going back to where it once was. When it comes to [...]
Today, companies all have something in common when thinking about how they will meet the new challenges that have been thrust upon them by COVID-19 lockdowns. Leaders and employees are trying to figure out the best ways to stay safe and, stay productive. Peter Drucker once said, “You can’t manage what you can’t measure.” Drucker [...]
Ideas are everywhere. What separates a good idea from a successful business is its implementation. Visionary leaders always have many ideas and are often prolific. Because of this, they use a two-step process: 1) vision and 2) action. This direct vision to action style is ideally suited for the first and second stage of business [...]
Challenges are opportunities hiding in plain sight. Many businesses perceive their challenges as very real threats to their long-term health, but they are just opportunities to transform the company into something better. Today’s uncertainty brings leaders new challenges they may not have had to manage before. The absence of a stable future can wreak havoc [...]