Posts Tagged "structure"

Are CEOs really overpaid and mostly not worth it? Part 2

Posted by on Jan 16, 2012

Last week, in Part 1 of this topic, we introduced the following questions: Are the highest paid CEOs really worth what they’re being paid? And does paying top dollar for a CEO add to the bottom line, where it really matters? The answers, supported by studies cited last week, are that the Fortune and FT 500 firms with the highest paid CEOs experienced negative abnormal returns over the subsequent 5 year period. (See details in Part 1 of this report.) This week we’ll explore more data and review opinions from some of the top researchers in the field of executive pay. We’ll answer 2 key...

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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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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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Will new Premiere Christy Clark Reorganize the Civil Service?

Posted by on Mar 13, 2011

Will new Premier Christy Clark reorganize the civil service to fix organizational glitches? Here’s a word to the wise. Organizational structure matters. It is the tool through which strategy is executed. It  defines how responsibility and resources are allocated, collaboration occurs, and accountability is assessed. Getting it right makes all these functions work better. Changes in structure are costly. Each significant change incurs costs for moving offices, changing stationery, altering policy documents, re-orienting staff, creating new reporting relationships, and making revised plans. In...

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