March 16, 2018

General Challenge

If a good strategy distils the collective wisdom of the enterprise, how may the strategist engage senior executives whose diaries are crammed with busyness?  Traditional workshops festooned with post-its, flipcharts, and PowerPoint are seldom effective...

March 14, 2018

If we combine the insights from what causes business to fail, and what makes businesses thrive, we arrive at the following formula:

  1. Have a big enough why

  2. Renew the business model

  3. Be strategic

  4. Have the right team with the right passion.

Have a big en...

March 14, 2018

The Bureau of Labor Statistics in the USA reports that 50% of businesses die before their fifth birthday, and more than 70% fail to reach teenage.  Plotting the survival rates for businesses founded in 1995, 2000, 2005, and 2010 it shows that, regardless of when the bu...

March 12, 2018

May I suggest the following:

  • Find a mentor you respect who will hold you accountable.  This does not need to be a much older guru, but someone a few steps ahead of where you are.  Every entrepreneur needs someone to learn from, to hold them accountable, to encourage...

March 12, 2018

In general, strategy explains the ways an enterprise will apply its means to achieve its ends.  These ends may be a market position, the betterment of the world for the enterprise’s beneficiaries, or a military outcome.

In general, enterprise strategy should answer the...

March 12, 2018

Among the reasons Strategic plans fail are the following:

  • The plan was flawed and could not succeed however committed the enterprise.

  • The plan was perfect, but emerged from the corporate rain-dance from which those who should have implemented the plan were excl...

March 12, 2018

The short answer is as long as it takes to make a compelling argument, given the attention span of those who need to be convinced.  The challenge is to set out the key questions and answer them accurately, convincingly, and briefly, citing the evidence.

I was once asked...

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