Margaret Reynolds In today’s fast paced markets, every leader needs to understand when he or she has reached that point in time when the current business model has crossed the line from relevant, to run-of-the-mill, headed toward becoming a commodity. Time to look at the world differently It is the point when a leader needs to look …
Growing a company isn’t easy under the best of circumstances. Growing an established company by double digits is a rare feat, especially on a year-in-year-out basis. Ask yourself what would it take to grow 10%? Likely it would take a series of initiatives ad investments, perhaps being able to snag some top notched talent, maybe …
If you have found it difficult to implement your strategic plan and achieve the intended outcomes, you are not alone. It is not unusual to struggle with the best way to create a plan, but creating it is not the real challenge; the real challenge is getting results. What are other companies doing? Take a …
As a leader, you and your team will face tough times and adversity. The issue isn’t whether you will face them; it is how you will lead the organization to success in spite of them! After the recession, I embarked on a project to correlate business performance with strong leadership. Over the last few years, …
We have absolutely no reason not to be truthful with ourselves about the state of the business and the market. Our interests are best served by understanding that which can make us smarter and better, right? So why do so many of us not accept the signals the market sends? Rose colored glasses .It is …
Too often, the panic button sounds and before you know it the executive team is in a one-day retreat, using a hastily selected process to develop a one-page plan. Pick a few goals for the next year, assign each to a team, and get going! Right? Wrong!!! A useful plan that drives growth and solves …
As the leader of your business, most things start with you. You are working incredibly hard to keep the business performing at the highest possible level. It is likely you wear many hats and juggle a lot of balls–all at the same time. Leaders are making more decisions than ever with even less time available …
Many of you know that while I help companies do strategic planning, I really don’t like to use the term, “strategic planning”. Seems odd, doesn’t it? The reason is that far too many people are in the strategic planning business and, in my humble opinion, strategic planning is often confused with meeting facilitation. Let me …
Whether we realize it or not, we tend to think the things we are involved in are pretty darn good. And if they are not, well, that is probably not our fault. Before you can make strategic decisions that will help your company grow, you may need to take off those rose-colored glasses and look …
If you are preparing to create or review a strategic plan for your organization, avoid these common mistakes! Developing a plan with only your team While a good team is essential for carrying out plans, a group who work together regularly may not challenge the status quo enough. It is wise to include information or …
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