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Internal Communications for Effective Strategic Implementation
by M. Dana Baldwin One oft-forgotten practice which should be considered even more important during this turbulent time is communications within your company. As you might consider once you reflect on the situation within your company, people are concerned about their futures, the future of the company and generally how things are going. There are […]
Continue readingStrategic Planning – Avoid Being Late to the Party
One of the tricky strategic issues for many managers I’ve talked with is “Clearly, there will be a recovery sometime. When should we return to the party?” The answer to this question will vary by industry, but it’s important to keep a few key concepts in mind: Going back to the party before the party […]
Continue readingStrategic Planning – Malthusian Catastrophe and Success in a Recession
Reading an article about Darwin this weekend, I couldn’t help but think that evolution and business strategy have a lot of interesting parrallels. One that struck me relates to a couple of fascinating stories – the first about the horrible rise of the deer population on a resort-covered island in the Carolinas after hunting was […]
Continue readingStrategic Planning – Stealing from Customers, Part 2
by: Robert Bradford, CEO, CSSP, Inc. One of the real upsides of a recession is the cleansing effect it has…I notice a high correlation between poor strategy and disastrous performance in recessions. That isn’t to say that good strategy makes you completely immune to a downturn, but you will weather the storm much better with […]
Continue readingThings that worked in the last recession (part one)
by: Robert Bradford, CEO, CSSP, Inc. Thinking about the current recession, I couldn’t help but think back to recessions I’ve gone through in the past – and how clients succeeded (or didn’t) during those difficult times. Several important concepts come to mind, especially about the importance of maintaining strategic discipline, but the first I’d like […]
Continue readingStrategic Planning: When Can Goals Be Bad?
By Denise Harrison, Vice President, Center for Simplified Strategic Planning, Inc Banks failing, real estate loans made to people who do not and did not have the means to repay them, institutions using derivatives without fully understanding the risk – what happened? Were executives trying to meet their goals? Did these goals enable them to […]
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