Posted on April 20, 2022 In their book The Balanced Scorecard, authors David Norton and Robert Kaplan note that 90% of organizations fail to execute their business strategies successfully. Most organizations start with pre-conceived notions of failure and label strategy development and execution practices as leadership requirements or just academic exercises. Once there is a…
Month: February 2023

What is Strategic Management?
Strategy is one of the primary levers at top leaders’ disposal in their never-ending quest to maintain organizational viability and effectiveness. The strategy offers a formal logic for the organization’s goals and orients the people around them. It relies on plans and sets of choices to mobilize people and can often be enforced by both…

Visually design your Organization’s Strategy with Mind Maps
The Mind Map is a visualization technique to graphically establish connections between several ideas or pieces of information. What is a mind map? A Mind Map provides an idea mapping tool for visual tracking of your ideas. The mind map consists of diagrams based on concepts that branch from the concept and are designed to…

Maximizing the Benefits of a Prioritization Matrix for Making Strategic Decisions
Understanding Value, Risk, Mission Alignment, Funding, Staffing, Dependencies & IT A prioritization matrix is a fundamental tool for understanding prioritizing projects or initiatives in order of relative importance. Though numerous organizations exist that critically lack this practice, prioritization has the potential to vastly improve outcomes for leadership teams, customers, and job satisfaction alike. Understanding the…