by Robert Bradford | Feb 28, 2024 | Making predictions, Strategic Planning
In my last two posts, I discussed two of the three things that people get wrong in strategic planning: information and buy-in. Today, I’ll be discussing the third thing: sources and estimates. Data Sources As I mentioned in a previous post, people tend to want to...
by Robert Bradford | Dec 30, 2022 | Making predictions, Strategic Planning
New technologies follow a fairly well-understood “curve”. We can think of these curves in terms of profitability, but this is oversimplifying things. Much of the thinking about technology curves in the business world comes from the work of Nikolai Kondratiev in the...
by Robert Bradford | Nov 28, 2020 | Strategic Thinking
If you’re familiar with Google, you may have heard of the 20% rule they’ve followed since their early days as a startup. The simple rule says that every key employee needs to spend 20% of their time on projects that have no immediately visible payback for the...
by Robert Bradford | Oct 11, 2020 | Scenario planning
Scenario planning can be a very important part of your strategic plan. One question that sometimes comes up is should I use a single scenario or multiple scenarios? Another question is with more than one, how do you choose what the scenarios are? Should you use more...
by Robert Bradford | Sep 13, 2020 | Strategic Thinking, Uncategorized
You’ve seen it happen, perhaps dozens of times: A company makes some choice that looks good on paper, but leads to major strategic problems. No one is immune to this problem, because good strategic thinking is hard. Why is this? And how can we make strategic...
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...
