Strategy Blog: Implementing Strategy
Why Trying to be the Best at Everything is Wrong
Intuitively, we think getting our company to be the best at everything it does is right. Why wouldn’t it be? But business reality, especially during the past ten-years, tells us no company has reached, let alone sustained this achievement. Paradoxically, and perhaps...
read moreCreating Strategic Objectives
Strategic business objectives are not the same as functional or individual performance objectives. Distinguishing characteristics set them apart, most notably their direct relationship with the current and future health and performance of the company. Creating...
read moreLean development of new products significantly reduces risk
You no longer need to ‘bet the farm’ on getting everything right at the start and committing to a large front-ended budget. It’s extremely rare to know all the answers at the start. Whilst it’s common to find business failure and budget overspend and even more common...
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