Posts Tagged "strategic"

In the absence of strategic thinking, strategic planning will probably maintain the status quo

Posted by on Sep 29, 2011

How to Stimulate Strategic Thinking In last week’s blog we wrote about the importance of advance preparation for strategy sessions. A comment from one of our clients got us thinking more systematically about what kind of advance preparation is most helpful, and we decided to share our thoughts in this week’s article. What is best for advance preparation depends on where the leadership team is in its progress towards becoming a strategy-driven team. Most clients come to us in when they are in one of four categories. Each benefits from a different approach to advance preparation.  This...

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The Weak Linkage Between Employee Engagement and Productivity

Posted by on Jul 11, 2011

Look Before You Leap Managers often leap from the notion that “employee engagement is low” to “engaging employees will increase productivity and our strategic success”. While there may be a strong link between these ideas in some cases, it is far from universally true. Some will undoubtedly wonder how we strayed from strategic management to productivity. After all, isn’t productivity primarily about operations management? The answer is an emphatic no! Productivity is defined as “the value of outputs divided by the inputs required to produce them”. By that definition, an effective...

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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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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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