Posts by LBL Strategies Team
Companies Are Strategic When They Understand the Process
โThe best laid schemes of mice and men go often askewโ (Robert Burns, “To a Mouse, on Turning Her Up in Her Nest with the Ploughโ, 1785) If poet Robert Burns were a CEO in todayโs operating environment, we expect heโd use that lineโฆoften. In fact, is there a better way to manage expectations for…
Read MoreLBL Celebrates Another Successful Boot Camp Session in Dubai
Dubai was such a great experience for LBL last May that we had to go back! This time we sent our President, Randall Rollinson, to train a new batch of strategy professionals. Equipped with our new and improved Mastering Strategy Boot Camp program, Randall and 16 professionals from Saudi Arabia, United Arab Emirates and Uganda…
Read MoreThe State of Artificial Intelligence & Business Strategy
Artificial intelligence (AI) has become a popular topic in the realm of business. From predicting IT failures to which new song will become a hit, AI presents many exciting opportunities. This begs the question: how is AI affecting the most critical element of any business โ its strategy? MIT Sloan Management Review recently partnered with…
Read MoreWhat is Strategic Management?
We use the term โstrategic managementโ often, but what exactly is strategic management? To some, it might seem obvious, but the reality is that the term has a lot underneath the surface that is worth unpacking. To understand what strategic management is from a base level, letโs turn to our friends at the International Association…
Read MoreThree Lessons in Effective Leadership from Elon Musk
Part 2 of our blog series. Elon Musk is a unique person. The CEO of his own space exploration company, Space X, and the genius behind the premium car brand, Tesla, Musk is constantly pushing the edge of whatโs possible. Often referred to half-jokingly as a real-life Iron Man, Musk seems to always be on…
Read MoreWhat Strategic Leaders Can Learn from NASAโs Most Famous Flight Director
Gene Kranz helped build NASA from the ground up in the late 1950s, developed the space program through Mercury, Gemini and Apollo, and he was the flight director for missions including Apollo 11 and Apollo 13. Heโs the guy that ran mission control, one of the key players in achieving the goal of โlanding a…
Read MoreOKRs vs KPIs vs KRAs: What’s the Difference?
When it comes to setting organizational goals, finding the right measures to track your success is a crucial part of the process. If you want to keep up with a changing market, you should know how well youโre doing, how you can improve and what effect your actions are having on your overall strategy. Needless…
Read MoreLBL Brings SMPS Boot Camp to Dubai
Our VP of Operations, Doug Maris, is in Dubai โย and not just for the nice weather! Doug brought our Strategic Management Performance System Boot Camp with him to help professionals from across the globe build skills required in all phases of business strategy. Learners from Dubai, UAE, Kingdom of Saudi Arabia, United Kingdom and Egypt…
Read MoreHow Often Should A Company Revise Its Strategic Plan?
As the rate of innovation, disruption, and change accelerates across all sectors private, public, and nonprofit, the requirements of strategic planning are called into question. New methodologies, techniques and tools such as OKRs come to the fore challenging organizations to adopt shorter timetables and be more nimble in the formulation of strategy, evaluating performance, and…
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