Posts Tagged "plan"

Why plan in a retreat setting?

Posted by on Feb 6, 2012

Retreats can be highly productive During my career I’ve worked with more than 100 client organizations, public, private, for-profit and not for profit. The most productive planning meetings I’ve facilitated have been multi-day meetings held offsite, usually in locations requiring an overnight stay. The reason for selecting a retreat location is well known to those who have participated. These meetings are nobody’s idea of a vacation. It’s common to work 10 to 12 hours per day, interrupted only by breaks, and without the distraction of people rushing off to deal with “emergencies” or...

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If you can’t answer this question, you may be a sitting duck!

Posted by on Jul 25, 2011

What is your business model? Lately we’ve taken to asking every prospective new client the same question in our exploratory discussion: “What is your business model?” A bit of history will help to explain why we think this question is important. When I began consulting on strategic management, I thought it strange that in the five days it typically took to create a strategic plan, very little time was spent actually discussing strategy. We devoted many hours to SWOT lists, mission statements, climate goals, objectives and action plans. Strategy was implicit in many of these discussions, but...

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20 Tips for Successful Strategy Implementation: Part III – Tracking and Managing Progress

Posted by on Jun 20, 2011

Phase III – Tracking and Managing Progress This is the third in a series of four posts describing 20 effective practices to help you accelerate the implementation of your strategy. In the first few months of implementation changing environmental conditions, planning oversights and implementation mistakes may begin to compromise your success. Staying on track in the early going requires more focus on action and troubleshooting than on results These five tips will help you get the most from your strategy during this phase. 11. Focus initially on progress against action milestones Results...

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20 Tips for Successful Strategy Implementation: Part II – Aligning Your Organization

Posted by on Jun 13, 2011

Phase II Aligning your organization This is the second in a series of four posts describing 20 effective practices to help you accelerate the implementation of your strategy. A new strategy is certain to disrupt the complex system of people, processes, policies, plans, systems, and structures that makes your organization work. The next 5 tips will help you align these elements to accelerate and enhance the success of your strategy. 6. Provide resources for change Almost every new strategy creates a “change bulge” which, like a pig in a python, must be broken down and digested before it can...

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Increase strategic payoff and reduce risk by increasing your strategic agility

Posted by on May 3, 2011

In last week’s article on strategic planning for crises, we raised two questions: 1. How can you improve the quality of your strategic decisions about uncertain future events and conditions? 2. How can you minimize the inherent risks without giving up good opportunities? This week, we’ll provide our answers. Most articles about planning under uncertainty move quickly to the probability of risks and their anticipated impact. Having run many Monte Carlo simulations, we know how subjective the inputs to these calculations can be. We prefer a different approach. We think planning under...

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