Performance measurement typically drives much of the way a large company works. We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. Supplementing profits with ROIC and revenue growth is a step in the right direction to ensure that the profits a […]
Information flow is the lifeblood of every organization, whether passing verbally, electronically, or via hard copy. The clarity, accuracy, and conciseness of information passed as well as the quality of understanding by the intended receiver(s) determine, in part, the effectiveness of transference by the overall communications network. The fluidity of the system, formal and informal, […]
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Results start with a strong strategic principle – a shared objective about what the organization wants to accomplish. The strategic principle guides the company’s allocation of scarce resources – money, time, and talent. The strategic principle doesn’t merely aggregate a collection of objectives. Rather, this simple statement captures the thinking required to build a sustainable […]
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Inspire A pure fact of transformational leadership is that you can accomplish only a small portion of the requisite forward movement on your own. Therefore, if you are to transform a company you must inspire others to follow you. What are the qualities of a leader that inspire others and impel them to follow? About […]
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No one wants to lose. That’s true whether you’re talking about the Super Bowl, a friendly basketball game with the neighbors, or a footrace between eight-year-olds. Yes, the desire to win is embedded in the human psyche. So why is it that in the business world the ‘win or (almost) die trying’ principle seems to […]
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Five centuries ago, conditions in Europe were perilous for many. Some muddled through bleak circumstances and took what came. Others had the imagination to see that a brighter future might await them in the New World. Leaders emerged whose navigational equipment, skills, and personal qualities gave others the courage to follow them across a sea […]
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Beginning with the end in mind, it is important for those developing business cases for the organization’s various ongoing operations and proposed initiative alternatives to do so in such a way that leaders can compare the cost and benefits of the proposed activities.
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As social media and personal email continue to be many individual’s primary forms of communications, it becomes harder to keep them focused at the workplace. An increase in usage of media-rich sites can place a considerable strain on limited bandwidth, which can hurt the performance of critical business tasks. The challenge is establishing a proper […]
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Recently, The Los Angeles Times reported on cell phone use in Korea and revealed remarkable information about where our digital culture may be heading. They discovered Korean teenagers make up to 90 cell phone calls a day, and social scientists are now beginning to correlate high cell use with rising rates of depression. For some […]
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Performance Measurement
/in Organizational Performance Measures/by Tim Koller, Richard Dobbs, and Bill HuyettPerformance measurement typically drives much of the way a large company works. We talked extensively in this book about how accounting profits or profit growth as a sole performance metric doesn’t lead to value creation. Supplementing profits with ROIC and revenue growth is a step in the right direction to ensure that the profits a […]
StrategyDriven Communications Forum
/in Business Communications/by StrategyDrivenInformation flow is the lifeblood of every organization, whether passing verbally, electronically, or via hard copy. The clarity, accuracy, and conciseness of information passed as well as the quality of understanding by the intended receiver(s) determine, in part, the effectiveness of transference by the overall communications network. The fluidity of the system, formal and informal, […]
How to Turn a Great Strategic Principle into Great Results
/in Management & Leadership, Strategic Planning, Tactical Execution/by Linda HenmanResults start with a strong strategic principle – a shared objective about what the organization wants to accomplish. The strategic principle guides the company’s allocation of scarce resources – money, time, and talent. The strategic principle doesn’t merely aggregate a collection of objectives. Rather, this simple statement captures the thinking required to build a sustainable […]
The Transformational Leader: Compass to a New World, part 2
/in Management & Leadership/by Mahesh RaoInspire A pure fact of transformational leadership is that you can accomplish only a small portion of the requisite forward movement on your own. Therefore, if you are to transform a company you must inspire others to follow you. What are the qualities of a leader that inspire others and impel them to follow? About […]
Alternative Development Warning Flag 1 – Developing Business Cases First
/in Alternative Development, Premium/by StrategyDrivenAll business leaders are human and some get overly enamored with and excited about a particular business opportunity.
Is Your Team Failing Elegantly? Seven Leadership Mistakes That Wear Away at Your Company’s Will to Win
/in Management & Leadership/by John HammNo one wants to lose. That’s true whether you’re talking about the Super Bowl, a friendly basketball game with the neighbors, or a footrace between eight-year-olds. Yes, the desire to win is embedded in the human psyche. So why is it that in the business world the ‘win or (almost) die trying’ principle seems to […]
The Transformational Leader: Compass to a New World, part 1
/in Management & Leadership/by Mahesh RaoFive centuries ago, conditions in Europe were perilous for many. Some muddled through bleak circumstances and took what came. Others had the imagination to see that a brighter future might await them in the New World. Leaders emerged whose navigational equipment, skills, and personal qualities gave others the courage to follow them across a sea […]
Alternative Development Best Practice 4 – Common Cost and Value Identifiers
/in Alternative Development, Premium/by StrategyDrivenBeginning with the end in mind, it is important for those developing business cases for the organization’s various ongoing operations and proposed initiative alternatives to do so in such a way that leaders can compare the cost and benefits of the proposed activities.
Seven Strategies for Managing Workplace Internet Usage
/in Management & Leadership, Tactical Execution/by Keith RossAs social media and personal email continue to be many individual’s primary forms of communications, it becomes harder to keep them focused at the workplace. An increase in usage of media-rich sites can place a considerable strain on limited bandwidth, which can hurt the performance of critical business tasks. The challenge is establishing a proper […]
The Dark Side of the Digital Revolution
/in Business Communications, Practices for Professionals/by Phil CookeRecently, The Los Angeles Times reported on cell phone use in Korea and revealed remarkable information about where our digital culture may be heading. They discovered Korean teenagers make up to 90 cell phone calls a day, and social scientists are now beginning to correlate high cell use with rising rates of depression. For some […]