“Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” Margaret Mead (1901 – 1978) American cultural anthropologist
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Becoming Indigenous The Monsanto experience holds an important lesson: If corporate sustainability strategies are narrowly construed, they will fall seriously short. It is not enough to develop revolutionary technology with the potential to leapfrog currently unsustainable methods. Antiglobalization demonstrators have made it apparent that if corporate expansion is seen to endanger local autonomy, it will […]
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Business performance assessments can be a powerful tool for determining the unknown drivers of performance; their effectiveness derived from the diverse knowledge and experience of the multidiscipline team and the vast amounts of information from causal evaluations, work performance observations, executive, manager, employee, and customer interviews, financial reports, independent analyst reports, performance measures, and condition reports leveraged to perform these assessments. So rich and robust are these assessments that their credibility often goes unchallenged, yet a single flaw in the business performance assessment’s initial execution can make this power tool for continuous improvement an instrument of disaster.
Major changes in any established regulation cause great uncertainty and the recent revisions made to the financial industry’s governance are no exception. Indeed, the law firm of Davis Polk & Wardwell estimates that 243 new rules will be developed by 11 different government agencies as a part of the Dodd-Frank Wall Street Reform and Consumer […]
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Beyond Greening Yet this personal reconciliation was by no means the end of the road. The corporate “greening” initiatives of the late 1980s and early 1990s—pollution prevention and product stewardship—were important first steps. They shattered the myth that business should treat societal issues as expensive obligations. Instead, seen through the prism of quality and stakeholder […]
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StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website. Special Edition 44b – An Interview with David Parmenter, author of Key Performance Indicators, part […]
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The value of organizational performance measures isn’t simply that they inform leaders and individual contributors of past and present state performance; rather, the power of performance measures comes from the actions they drive to improve future results. Therefore, organizational performance measures are most effective when they indicate when specific actions should take place. Predefined thresholds accomplish this objective.
“Aerodynamically the bumble bee shouldn’t be able to fly, but the bumble bee doesn’t know it, so it goes on flying anyway.” Mary Kay Ash (1918 – 2001) American businesswoman and Founder of Mary Kay Cosmetics
From Obligation to Opportunity Having grown up in western New York in the 1950s and ’60s, I have memories of family vacations spent at destinations like Niagara Falls. Although the Falls themselves were indeed magnificent, equally memorable for a 10-year-old was the soot from nearby factories that accumulated on the porch furniture, requiring that we […]
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Business Programs
Leadership Inspirations – The Power of the Team
/in Leadership Inspirations/by StrategyDriven“Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” Margaret Mead (1901 – 1978) American cultural anthropologist
Capitalism at the Crossroads – Becoming Indigenous
/in Management & Leadership, Strategic Planning/by Stuart L. HartBecoming Indigenous The Monsanto experience holds an important lesson: If corporate sustainability strategies are narrowly construed, they will fall seriously short. It is not enough to develop revolutionary technology with the potential to leapfrog currently unsustainable methods. Antiglobalization demonstrators have made it apparent that if corporate expansion is seen to endanger local autonomy, it will […]
Business Performance Assessment Program Warning Flag 3 – Conclusion Bias
/in Business Performance Assessment Program, Premium/by StrategyDrivenBusiness performance assessments can be a powerful tool for determining the unknown drivers of performance; their effectiveness derived from the diverse knowledge and experience of the multidiscipline team and the vast amounts of information from causal evaluations, work performance observations, executive, manager, employee, and customer interviews, financial reports, independent analyst reports, performance measures, and condition reports leveraged to perform these assessments. So rich and robust are these assessments that their credibility often goes unchallenged, yet a single flaw in the business performance assessment’s initial execution can make this power tool for continuous improvement an instrument of disaster.
StrategyDriven Editorial Perspective – Expanding Uncertainty in the U.S. Financial Sector, part 3
/in StrategyDriven Editorial Perspective/by StrategyDrivenMajor changes in any established regulation cause great uncertainty and the recent revisions made to the financial industry’s governance are no exception. Indeed, the law firm of Davis Polk & Wardwell estimates that 243 new rules will be developed by 11 different government agencies as a part of the Dodd-Frank Wall Street Reform and Consumer […]
Podcast: Play in new window | Download (Duration: 10:35 — 14.6MB)
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Leadership Inspirations – Proper Preparation
/in Leadership Inspirations/by StrategyDriven“If I had eight hours to chop down a tree, I’d spend six sharpening my axe.” Abraham Lincoln (1809 – 1865) 16th President of the United States
Capitalism at the Crossroads – Beyond Greening
/in Management & Leadership, Strategic Planning/by Stuart L. HartBeyond Greening Yet this personal reconciliation was by no means the end of the road. The corporate “greening” initiatives of the late 1980s and early 1990s—pollution prevention and product stewardship—were important first steps. They shattered the myth that business should treat societal issues as expensive obligations. Instead, seen through the prism of quality and stakeholder […]
StrategyDriven Podcast Special Edition 44b – An Interview with David Parmenter, author of Key Performance Indicators, part 2 of 2
/in Organizational Performance Measures, StrategyDriven Podcast/by StrategyDrivenStrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website. Special Edition 44b – An Interview with David Parmenter, author of Key Performance Indicators, part […]
Podcast: Play in new window | Download (Duration: 27:17 — 37.5MB)
Subscribe: RSS
Predefined Action Thresholds
/in Organizational Performance Measures, Premium/by StrategyDrivenThe value of organizational performance measures isn’t simply that they inform leaders and individual contributors of past and present state performance; rather, the power of performance measures comes from the actions they drive to improve future results. Therefore, organizational performance measures are most effective when they indicate when specific actions should take place. Predefined thresholds accomplish this objective.
Leadership Inspirations – Dealing with Adversity
/in Leadership Inspirations/by StrategyDriven“Aerodynamically the bumble bee shouldn’t be able to fly, but the bumble bee doesn’t know it, so it goes on flying anyway.” Mary Kay Ash (1918 – 2001) American businesswoman and Founder of Mary Kay Cosmetics
Capitalism at the Crossroads – Mapping the Terrain
/in Management & Leadership, Strategic Planning/by Stuart L. HartFrom Obligation to Opportunity Having grown up in western New York in the 1950s and ’60s, I have memories of family vacations spent at destinations like Niagara Falls. Although the Falls themselves were indeed magnificent, equally memorable for a 10-year-old was the soot from nearby factories that accumulated on the porch furniture, requiring that we […]