Tag Archives: Strategic Planning

To Find Happiness Focus on Problems, Not Passion

The millennial generation is proselytized to pursue their dreams. But this philosophy no longer works, or at most feels incomplete. And, as the jobless generation grows up, they realize the grand betrayal of the false idols of passion. So what does one do? Let’s look at it with a different frame of reference: Forget about finding your

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Strategy is what you Do, Not what you Say

You sometimes hear managers complain that their organization has no strategy. This isn’t true! Every organization has a strategy: its strategy is what it does.  Think about it. Every organization competes in a particular place, in a particular way, and with a set of capabilities and management systems — all of which are the result of

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How to automate the process of Learning

The new year is here, and for many it means resolutions. At work, this often translates into a vague desire to learn new things. But to really make consistent progress, one needs to make learning a habit. Habits are freeing because they save us from the difficult, draining business of making decisions and exercising our self-control.

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Great Corporate Strategies Thrive on the Right Amount of Tension

After expending considerable effort on formulating a strategy, most executives would like to see their company’s strategic plans fully executed. Deviations from the strategic plan are often assumed to be detrimental to corporate performance. However, compliance with the strategy doesn’t necessarily correlate directly to performance. The gap between strategy and the execution of that strategy

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How to Excel at Both Strategy and Execution

For decades, we’ve often thought of leadership profiles in unique buckets. Two popular varieties are the ‘visionaries’ – who embrace strategy and think about amazing things to do, and the ‘operators’ – who get the stuff done. According to a global survey conducted by Strategy&, the strategy consulting division of PwC, only 8% of company

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Your Mobile Strategy Can’t Just Be About Phones

As the world becomes increasingly digital and connected, the number of potential touch points that companies have with their customers is expanding — fast. Today, mobile is quickly becoming the remote control for our lives and opportunities for mobile connection are everywhere. For businesses, it’s a hub of interactions across digital channels & physical locations,

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Customer Loyalty – a matter of Habit; but habits do die

Customer Loyalty Is Overrated Why do companies routinely succumb to the lure of re-branding? The answer say A.G. Lafley and Roger L. Martin, the authors of “Customer Loyalty Is Overrated,” is rooted in serious misperceptions about the nature of competitive advantage—namely, that companies need to continually update their business models, strategies, and communications to respond

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Strategic Choices need to be made Simultaneously, Not Sequentially

Amongst any organizations’ myriad tasks, ‘Strategy Development’  is fundamentally the most challenging one. As per ‘The Cascading Choice’ framework for strategy developed by A.G. Lafley and Roger L. Martin, explained extensively in their book Playing to Win, there are five key choices which have to link together and reinforce each other, thereby making the strategic

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