We often think of strategy as an outward venture detailing what products and markets a business should expand into. However, we rarely see strategy as an inward exercise of growing capability from which opportunities will be born and then delivered. …
Strategy and Performance – It’s About Process.
There is a tangible and direct link between the process you adopt in developing your strategic plans and the performance of your business. It has nothing to do with the cleverness of your strategies but rather the unity that your…
The Board Chair and Strategy
The ability of a Board to make an invaluable contribution in the development of strategy lies principally in the hands of the Chair and how they guide the conversations. Boards have a vital role in validating and enhancing a business’s…
How Often Should I Review Our Strategic Business Plan?
It is not uncommon for a strategic business plan to be developed during a retreat, approved at a subsequent board meeting and then filed away. Actions will be taken, and maybe after 6 or 12 months, it will be pulled…
Strategy Checklist – Post COVID-19
As communities around the world begin to emerge from the COVID-19 restrictions and life returns to what some are calling ‘the new normal’, it is vital that leadership teams ‘audit’ their current business strategy and all the assumptions that underpin…