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…
“If American companies do not find a way to engage more of their workers, they will struggle to create more jobs, making it difficult for the U.S. to achieve real, sustainable economic growth in the near future.” –Gallup Gallup’s “2013 State of the American Workplace” survey found that the continuing high level of employee disengagement is costing…
Never before have business conditions been so ripe for H.R. to make its difference. Not only are companies struggling for profitable growth with some downsizing and some adding people, but now the recipe for business success requires H.R.’s secret ingredients! We all learned about the Stone Age and the Industrial Age, and we could probably…
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…
Aligning all of the elements of your value chain with your business strategy heightens profitability and strategic performance. This, the 3rd article in our 5-part series — The 5 Keys to Strategy Execution – is the focus of this article. Most of us are familiar with the Lean term, Value Stream. Per Wikipedia, “Value stream…
Last week, we started this 5-part series on The 5 Keys to Strategy Execution with our article on Key #1, Strategic Understanding. Today’s article is about Key #2, Leadership. Leadership is widely recognized as including a broad set of skills critical for individual and organizational success. It’s so critical a skillset that articles about it are ubiquitous: we are…
Strategy is, and should be simple. It consists of the 3 dimensions shown here: Value Proposition, Value Chain and how well they Fit or are aligned. FORTUNE magazine, well known for its business insights, printed an article in 1999 called “Why CEOs Fail”, highlighting an important fact: 70% of CEO failures were caused by poor execution against…
