Posts Tagged ‘Strategy’
Collaboration drives strategic success
Some ideas bear repeating to get the message across. Collaboration is one of them. If we reflect on research, our own observations and the experience of successful people and organisations it is clear that collaboration is key to success. Patrick Lencioni said “Teamwork begins by building trust. And the only way to do that is…
Read MoreEnsuring value for money when hiring consultants
Consultants are an obvious target for cost savings. Why are you paying these people all this money? Fair question. Sometimes you shouldn’t. On the other hand, consultants are called in at short notice to do complex tasks in short timeframes and are expected to meet high standards. They do jobs that are only required occasionally,…
Read MoreWhy a Data Strategy is good business
All organisations need a strategy to achieve and maintain a sustainable competitive advantage. Data collection, analysis, and derivation of insights is critical to creating value, and thus critical to strategy. There are many excellent publications and models on data strategy. Some of the best include: For most executives, data governance will not be a core…
Read MoreDoes the fear of failure limit strategic success?
A fear of personal failure can hold us back from doing the things we need to do to succeed. Most of us have felt that at some time in our lives. We find ways to reduce the fear so we can act. Organisations can impose a fear of failure too. Here are 3 ways they…
Read MoreHow do I implement strategy while cutting costs?
In tough times, Managers cut budgets. We look for obvious savings. HR leaves vacancies unfilled. We cut travel. The training and conference budget disappears. Property gives up the lease on an office floor. People lose their jobs. Executives shelve business cases. Now is not the time for bright, new ideas. It is time to tighten…
Read MoreIs this a good idea?
Generating ideas It used to be popular for organisations to have a suggestions box for staff and customer improvement ideas. Occasionally, someone would open the box and follow up on suggestions. Occasionally, a really good idea would take off. In a digital world there are lots of virtual suggestion boxes for customers – probably less…
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