Posts made in April, 2011

Potential for a banking crisis in China – planning for risk

Posted by on Apr 26, 2011

Predictions are for suckers . . . Let’s start with a confession and a caution.  This article includes a discussion about the risk of a banking crisis in China. But we aren’t predicting China will experience a banking crisis in the next few years. Nor are we predicting it won’t. We’re not in the business of making predictions. That was the confession.  And now for the caution. We don’t think strategic planning teams should be in the prediction business, either. The conditions that could lead to catastrophe often don’t, and predictions about economics and society are notoriously...

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Rewriting your strategic plan every few years may be costing you a lot more than you think!

Posted by on Apr 18, 2011

How often are you rewriting your strategic plan, and why? In my first decade of guiding the creation of strategic plans, I was often called to help clients re-do their plans every 3 or 4 years. At the time, neither I nor my clients were aware of any reason why organizing strategic plans in one way would be any better than another. In the absence of a reason to do otherwise, these plans were organized around strategic themes chosen by the client teams. By the time we renewed these strategies a few years later, the themes around which the original strategy was organized had often lost their...

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How are losing your mother, BC Hydro, and the power of noble ideas connected with strategy?

Posted by on Apr 6, 2011

I delivered the eulogy at my mother’s funeral last weekend. My remarks focused on what can be learned from someone whose life was guided by humanistic principles and enriched by finding the good in others. If I could connect people’s everyday experiences with aspirational goals and noble actions, I thought, couldn’t I nudge the bar just a little higher for the 100+ who attended? Thinking about it reminded me of the vital role aspirational goals and noble actions played in the evolution of BC Hydro, where I was asked to propose for a consulting assignment in 1988. New Chair and CEO Larry Bell...

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