News Flash: The #1 thing leaders need to understand is that the Digital Transformation train left the station a few years ago. If you weren’t onboard back then, you need to stop looking for the next train and rapidly go in search of building a rocket ship. Businesses simply have run out of time...
To succeed in today’s rough and tumble business world you need a solid vision for how you can “digitalize” your business. Indeed, it is not enough to have a vivid and compelling business strategy. We must be able to discern what role we are expecting digital technology to play within the business. It is only with...
There is hope on the horizon that the field of identity protection will continue to evolve and improve. It appears that the next generation of working adults is championing the use of new and enhanced methods of security. Late last month, IBM announced the release of its Future of Identity Study, which reported (and I...
I have a different take on value chain analysis. Most think of it as positioning a business within its ecosystem. I think of a value chain as a graphical representation of all of the work that must be done by a business or work area in order to provide its goods/services (i.e., “value”) to its customers....
Business optimization efforts have been around for years and are aimed at redefining the way work is performed within a business area. They explore issues surrounding what work is performed, how it is accomplished, when it’s done and by whom. It’s not unusual for a firm to totally reconstruct its departmental workflow and reorganize...
Every company has a set of capabilities that, when properly leveraged, can serve to devastate the competition. So, it’s essential for leadership teams to pinpoint and honestly assess these capabilities. Once a solid profile is established, it can be used to inform the strategic planning processes used to build a winning strategic plan. Here’s...
I bet if I asked you what your company is all about you’d give me that same ol’ rehearsed elevator pitch. You’d be able to tell me what it does and why it’s important. But, if I asked you how. You just might stall. The answers on “how” a business does what it does...
We all know about the pyramid structure. It’s a generic way to think about an enterprise and how most are organizationally design. Divided into three layers, the top layer of the pyramid is comprised of the senior-most leaders. These are the people responsible for setting strategic direction and guiding the enterprise towards its future....
Are your strategic planning practices flat and uninspired? Have you reduced your planning process to a once per year, budgeting exercise? Do your senior people feel disengaged and removed from your strategic planning? Does the rank and file even understand what’s in your strategic plan? Clearly, it’s time for a new strategic planning paradigm...
All of my strategy, culture and organizational design work over the years comes down to one thing – enabling my clients to differentiate themselves from their competitors so to dominate the markets that they serve. Consequently, the topic of industry best practices always comes up. Most leaders want to be sure that their organizations...
