The Strategic Management Library

Measure Twice, Cut Once

In the field of strategic management this axiom is so true. While there is no “standard approach” to kicking off a strategic management program, the assessment work done up front should yield sufficient information to design and organize an effective program configured to meet the needs of a given leadership team and its organization...Watch Now

Ready, Fire, Aim!

In today’s recessionary economy no one can predict with certainty what will occur over the next few years. The best antidote for any threatening strategic situation is always accurate information that will help the leadership team to predict which way the environment is moving... Watch Now

Reasons Strategic Plans Fail

To manage a formally stated, integrated, and properly deployed strategy is a major challenge for any organization. To do so without the necessary preparatory steps will, in all probability, result in wasted time, energy, misdirected efforts and can even lead to the resulting plan failing... Watch Now

Should Strategy Professionals Be Certified?

8 Things Leaders Can Do in a Changing Economy to Help Organizations Focus, Make Better Decisions and Grow

Now that the economy may be at the beginning of a recovery, what can the leadership of your organization do to make the most of the situation? Read the Full Article

Advantages of an Advisory Board, a Strategy for Success

Private companies, depending on their legal status, are often required to have a Board of Directors. However, it is common practice for CEOs or ownership teams to create a “rubber stamp” Board (who rarely meet) in order to fulfill the legal requirements. However, a Board of Directors of this type does not greatly enhance the success of the business. Read the Full Article

Shaping Your Own Destiny

On the heels of LSN’s successful leadership week we spent a good deal of time digesting the excellent content presented by LarsonAllen and others. After pondering this material for a few days I was reminded of Spencer Johnson’s timeless book, Who Moved My Cheese? Read the Full Article

Bunker Up, Hunker Down and Hope Or Focus, Make Better Decisions and Grow - What Is Your Strategy?

Just like consumers, nonprofit organizations and businesses often respond to a recessionary economy by taking defensive positions and keeping their heads down. They simply cut their budgets and hoard cash with little or no strategic forethought. Simply look around in this unfolding recession to witness this behavioral pattern being exhibited by leadership teams of all ilk’s and stripes. Read the Full Article

Is Your Organization Tracking the Right Performance Measures?

Every organization wants to discover the “silver bullet” of performance measurement. They seek the singular, quantifiable miracle activity that – if closely monitored – will signal that their organization is on the way to faster growth and ever more staggering success. Read the Full Article

Building a Balanced Scorecard - Linking Strategy to People

In many companies implementing a strategic plan often results in a gap. A gap between the strategy as it comes from the top of the organization and the level of employee understanding of how their daily activities contribute to achieving the vision. Read the Full Article

Innovate or Move? Strategies for Global Competition

Technomic interviewed Randall Rollinson, President of LBL Strategies, a consulting firm that specializes in training/mentoring manufactures in strategy development and implementation. Joining Randall was John Rogers of Sachnoff & Weaver. Ltd., a law firm with expertise in the field of international business development. Read the Full Article