The Advisor’s Corner – Guaranteed Future?

Question:

Can a good strategy define a company’s future?

StrategyDriven Response:

Strategic certainty does not exist. Organizations should, however, leverage a good strategy to establish the vision toward which executives and managers focus employee efforts. Vision combined with excellent execution that reinforces desired behaviors generates a high degree of organizational alignment and accountability that in turn propels the organization toward a more focused and committed, if somewhat uncertain, destiny.

The StrategyDriven website was created to provide members of our community with insights to the processes and actions that can be taken to create the shared vision, focus, and commitment needed to improve organizational alignment and accountability for the achievement of superior results.

StrategyDriven Contributors look forward to answering your strategic planning and tactical business execution questions. Please email your questions to [email protected].

The Advisor’s Corner Introduction

The Advisor’s Corner expands on the strategic planning and tactical business execution dialogue between StrategyDriven contributors and our websites visitors. Postings in this category reflect questions asked by StrategyDriven members and guests and the advice provided by one or more of our highly experienced business professionals. Additionally, StrategyDriven members are provided the opportunity to share their insights and experiences by way of comments and feedback to the individual postings.

All visitors to the StrategyDriven website are encouraged to submit their questions to The Advisor’s Corner by email at [email protected] or by using the ‘Email The Advisor’s Corner’ link located on the right sidebar on the StrategyDriven website. If desired, questions may be submitted anonymously to maintain confidentiality.

StrategyDriven Strategic Anaysis Best Practice Article

Strategic Analysis Best Practice 3 – Identify the Hidden Drivers

StrategyDriven Strategic Analysis Best PracticeOrganizational alignment to common goals suggests executive, manager, and employee motivation is largely driven by the company’s strategic plan. However, there are likely some additional, hidden performance drivers unintentionally created by the organization’s processes or embedded as an integral component of the organizations’ history and culture.


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About the Author

Nathan Ives, StrategyDriven Principal is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

New Model Released – Business Process Relationships

StrategyDriven contributors are pleased to announce the release of our third model, Business Process Relationships. This model illustrates the many interrelations between the strategic business planning and tactical business execution processes. Additionally, the model provides a framework against which to association the many best practices posted on the StrategyDriven website.

Recommended Resource – Great Escapes

Great Escapes: nine decision-making pitfalls and nine simple devices to beat them
FORTUNE Magazine, June 27, 2005
by Michael and Jerry Useem

About the Reference

Great Escapes: nine decision-making pitfalls and nine simple devices to beat them by Michael and Jerry Useem explores the logic flaws that often skew perceptions and undermine decision-making effectiveness. The article provides methods executives and managers can employ to avoid each logic trap thereby improving their decision-making.

Benefits of Using this Reference

Great Escapes provides actionable methodologies for dealing with the decision-making challenges StrategyDriven contributors find to be the most prevalent at organizations of all sizes. Many of the best practices found on the StrategyDriven website compliment the Great Escapes’ recommendations; making this article a StrategyDriven recommended read.