What is organizational change? According to HBR, Organizational change refers to the actions in which a company or business alters a major component of its organization, such as its culture, the underlying technologies or infrastructure it uses to operate, or its internal processes. Why is change management important? Change management is important not only due…
Category: Strategy Management
Usecase for PESTLE Analysis
The external environment, including physical, political, economic and social factors, can significantly affect how businesses operate. PESTLE analysis is a useful tool for auditing all external factors that can affect an organization’s success. Reviewing the external environment and macro environmental factors through PESTLE makes it possible to identify and understand long-term trends and use them…
Components of Enterprise Strategy Management
What is Enterprise Strategy?
When do you need to write a Strategy?
How to author a measurable Strategy?
Introduction of OKR Framework within Core-Strategy
Core-Strategy seamlessly integrates various popular workflow management and company strategy execution systems in many organizations, including OKR. The OKR framework within Core-Strategy helps make strategy management transparent and accountable, with the translation of purpose and high-level direction down to operational-level strategy execution, making it a transparent and engaging process. The mature OKR methodology helps organizations…
What is Strategy?
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 concrete…
Visually design your Organization’s Strategy
The Mindmap is a visualization technique to graphically establish connections between several ideas or pieces of information. MindMap enables the visual representation of an organization’s strategic plans, decomposition, and current status. It helps internal and external users to establish traceability across strategic initiatives, assess progress against set goals, and objectives making everyone in the organization realize…
Guidelines for effective Strategic Management
The business landscape is constantly changing, and in order to keep up with the competition, organizations need to have a business strategy that sets them apart. Clear objectives and company values are essential when crafting business plans, as they will form the basis of strategic decisions. Strategic planning is key to success and can help…
