How to Avoid Adopting Meaningless Measurements Meaningless measurements waste time. However, measurement offers crucial insight and reports on the success of strategy. Measures report the walking of a chosen path or not. Measurements determine personal and organizational performance. How do people and organizations differentiate between tactical and strategic measurements? … [Read more...] about How to Avoid Adopting Meaningless Measurements
Scenario Planning Focal Questions: The Focus of the Focal Question
Scenario Planning Focal Questions: The Focus of the Focal Question Defining the scenario planning focal question is a crucial part of the scenario planning process. They act as a conceptual boundary. I see focal questions as a key determinant of strategic intent. If an organization isn’t willing to ask a concise question about the future, then they are just as unlikely to … [Read more...] about Scenario Planning Focal Questions: The Focus of the Focal Question
12 Characteristics of Strategy: What Strategy Is and Isn’t
12 Characteristics of Strategy: What Strategy Is and Isn’t In the early days of my courses on strategy, the curriculum focuses on strategic planning basics. I have developed 12 characteristics of a strategic plan because strategy is a framework for answers, not an answer. It is a definition of approach. The move from strategy to action planning requires translation into … [Read more...] about 12 Characteristics of Strategy: What Strategy Is and Isn’t
Revamp Strategy With Scenarios That Unleash Possibilities
Revamp Strategy With Scenarios That Unleash Possibilities I recently met with a large technology delivery and consulting firm in Europe, seeking new ways to define its future. After they shared their vision, I recommended that naming uncertainty would help them create an honest dialog about what they want to be and how they should go about getting there. Vision statements … [Read more...] about Revamp Strategy With Scenarios That Unleash Possibilities
Strategy and Technology Transform Industrial Age Assumptions
Strategy and Technology Transform Industrial Age Assumptions Updated March 25, 2022 All organizations should examine how they employ industrial age points-of-view. When firms apply an industrial age lens, they tend to over-index efficiency and productivity: how do we generate more money (or save more money) over the same period of time. A report by Eric Felten in the … [Read more...] about Strategy and Technology Transform Industrial Age Assumptions