Have you hit a wall with strategy execution? You’re not alone. In most companies, the best-laid plans drop like lead balloons. For years, the word on the grapevine is that up to 90% of strategies crash and burn. The evolution of strategy…
An overview of strategy formulation Formulating a comprehensive strategy sounds like a herculean task. But it doesn’t have to be like that. You just have to gather the right information and write a plan with a bias towards action. Let’s get into…
Strategy without action is pointless. You can plan forever, but if you never put your ideas to the test, all the time and effort you spend on planning is for nothing. So, when you compare strategy vs execution, there is…
An Overview of the Strategy Dictionary Strategy isn’t a science. There are frameworks, guides, and common semantics – but ultimately strategy is the art of creating a direction for your organization, then doing whatever it takes to get there. Because…
Introduction to The Strategy Diamond There are no perfect strategic plans. Like practice, conscious execution makes better. Not perfect, better. But to have a truly successful business strategy, you need a well-written plan in the first place. Use this template to…
There are two kinds of problems in business and life: Complicated and Complex Each kind requires a different approach. Complicated problems require finding a definitive solution. Complex problems require constant management. Mixing them up is what creates frustration. People expect…