by Robert Bradford | Aug 23, 2020 | Strategic Thinking, Strategy Implementation, Uncategorized
One of the great challenges in executing a strategic plan is getting the team to perform and be motivated by the strategy. Indeed, strategic performance in implementation is the achilles heel of strategic planning. It’s common to hear people say “We did...
by Robert Bradford | Aug 9, 2020 | Making predictions, Strategic Thinking
In the first two articles about predicting the future, we looked at types of curves and leading indicators. These tools are useful ways to predict trends, but tends have limits, too. Today, we will look at the types of things that disrupt predictions made with the...
by Robert Bradford | Aug 2, 2020 | Strategic Thinking, Uncategorized
We can improve our predictions in strategic planning by predicting with leading indicators. You may have hear of the Composite Leading Indicators, a statistic used by the Federal Reserve to predict recessions. This tool is a good way to anticipate changes in a...
by Robert Bradford | Jul 26, 2020 | Strategic Thinking, Uncategorized
One of the things we cannot avoid in strategic thinking is making predictions. While predictions, being assumptions, inevitably carry the risk of error, there are things we can do to make better predictions. When you can match an understanding of future trends with...
by Robert Bradford | Jul 5, 2020 | Competitive Strategy
When most people are traveling on a highway, stopping for fuel or food involves an interesting decision making process. We often exit the highway and look for a restaurant or gas station that will meet our needs. Naturally, a strong brand preference may cause us to...