Will Your Organization’s Story Be One Of Survival or of Prosperity?

Snapshots of the Honorable 57 – A Mini-Paper Companies currently remain in the Fortune 500 for under 15 years.  Fifty years ago the average life expectancy on this elite list was about 75 years. The Fortune 500 are recognized as the biggest and the best, and it makes sense that they are our models of success. We have looked to…

Manufacturing Leaders – The Very Best of the Very Latest Reads

              Links:  OUR TOP 5 INSIGHT ARTICLES, VIDEOS & STATISTICS 1. Intellectual Capital is now the leading asset class in valuation of businesses 2. Video:  Insights from our Assessments 3. Dan DiMicco: Why ‘American Made’ is the Answer, Industry Week 4. Unconventional Leadership Lessons From A Nuclear Submarine Captain and 5th:…

Manufacturing Leaders: Do Your People Really Understand The Business Strategy?

John Kotter’s July 19, 2013 article in Forbes, “When CEOs Talk Strategy, 70% Of The Company Doesn’t Get It” and Harvard Business Review’s June, 2013 article, “When CEOs Talk Strategy, Is Anyone Listening?” are two credible sources citing research and experience proving that, even in companies who take the time to communicate about the strategy, only a small percentage of employees actually take…

Manufacturing Metrics and The Yellow Brick Road

Most organizations use metrics as measuring sticks, showing people how the organization is doing.  Many management teams use a Balanced Scorecard, including both financial (lagging) measures and non-financial (leading) measures.   Lagging measures show us results that have occurred, after the fact.  Leading measures show progress at a designated point in time, allowing time for people…

What is H.R.’s Strategic Role?

H.R. is generally a participant with the executive team in establishing the business strategy. But H.R.’s strategic role goes well beyond a team role in deciding the strategy. Execution is where most organizations struggle or fail, and H.R. can significantly impact execution. There are six Keys to Strategy Execution (KSEs) that are essential to optimize…

Is Your In-house Learning Function A Cost Center Or A Strategic Enabler?

A global survey by HCM Advisory Group found that 48% of executives view their company’s learning function either as a necessary but high-cost contributor or as sunk cost. 52% see the learning function as a strategic enabler for the organization.  86% of the survey participants were US companies. A learning function becomes a strategic enabler as…

What 3 Actions Can Drive Success For a New CEO?

“New CEOs face a critical strategic choice. Should they settle into the job, spend a year or more getting to know their businesses, and then start shifting the portfolio? Or is it better to act quickly and boldly early on to divert resources from mature activities to a new generation of corporate opportunities?” This key…

What Can Small Local Businesses Do To Compete With Giants?

There’s an article in the September issue of CNNMoney that fires up the imagination. It’s about a competitive challenge, which points our thinking straight to Strategy. Click the link below to read this article, “Local Shops Fear Amazon’s Expansion,” by By Jose Pagliery: http://money.cnn.com/2013/09/04/smallbusiness/amazon-expansion/index.html?iid=SF_SB_Lead This information-packed article describes Amazon’s aggressive growth plans and its capacity…