Strategic Management Blog

From Theory to Practice

Confront the Brutal Facts – Yet Never Lose Faith

By Randall Rollinson

A Tool for Improving Your Team’s Emotional Health In an earlier blog Decision Making in Times of Crisis we spoke to allowing yourself and fellow coworkers time to process and move through the COVID crisis in your own way.  We emphasized the importance of being flexible and accommodating and, first and foremost, exercise patience and understanding as we navigate through …

Challenges with Executing Strategy in the Public Sector

By Randall Rollinson

Recent research conducted by George Washington University, Center for Excellence in Public Leadership and LBL Strategies points to this conclusion: The #1 reason strategy fails in the public sector is lack of leadership in executing the plan. In April 2019, several public and private sector organizations serving the public sector at the federal, state and local levels reached out to …

ASP logo

The Benefits of Becoming ASP Certified

By Randall Rollinson

When you compare strategies between businesses, you’ll find that no two are exactly alike. Each business is trying to accomplish something another isn’t – ­­however large or small the differences end up being. This fact could lead you to believe that a strategy professional’s talents are unique to each business too, with no transferable skills. But, when you look into …

Strategy Execution Principles

Strategy Execution Principles in a Disrupted Environment

By Randall Rollinson

Too often a gap occurs between formulating and executing strategy. In a disrupted environment this can be a fatal error driving unwanted costs, lost opportunities and, ultimately, failure to execute. And when failure at execution occurs, the losses are significant regardless of sector. According to the 2017 PMI Pulse of the Profession report, which surveyed 3,234 professionals globally researchers, in …

ASP Chicago

The ASP Chicago Chapter is Seeking New Leadership!

By Randall Rollinson

Are you located in the Greater Chicagoland Region?  Are you looking for an opportunity to be more involved with the Association for Strategic Planning?  Would you like to increase your visibility within the Chicagoland strategy management community? If the answers to these three questions are “yes” please let us know. Beginning in July 2018 ASP Chicago is looking to carefully …

Bridging the Gap from Strategy to Execution: Leaders Must Lead

By Randall Rollinson

We all know the routine.  A leadership team comes together to formulate strategy, then armed with the best of intentions, assign business unit and functional teams to execute the initiatives they’ve chosen. Mission accomplished! Not so fast, often a gap between understanding and performance is experienced by those charged with implementing the initiatives flowing from the strategy.  This gap invariably …

Transformation Strategy

Is Your Business Transformation Strategy Going Down the Drain?

By Randall Rollinson

This post was originally published on July 24th, 2016. It was just featured in PMI Chicagoland Chapter’s Newsletter! How many times have you heard the term “Business Transformation?” Have you ever wondered about the exact meaning of this widely used term? I have. Basically, it is a change management strategy which has the aim to align people, process and technology initiatives of …

Performance Management

What Exactly Does Performance Management Mean in Relation to Strategy?

By Randall Rollinson

The term “performance management” has many meanings in the world of business. A common one is “employee performance management,” where businesses track how well an employee is contributing to the organization. This is not the type of performance management we’re talking about here. Performance management takes on a new meaning when brought up in the context of organization strategy. To …

How to Facilitate a Successful Meeting

How to Facilitate a Successful Meeting

By Randall Rollinson

Everyone has been in a meeting that lacked structure, leaving it to suddenly veer wildly off track. Maybe someone takes too much control over the conversation, or discussion devolves to off-topic complaints or topics. Whatever the reason, as a meeting organizer you’re left in a tough place. At this point the reason you assembled everyone in the first place – …

What is your Organization’s Appetite and Tolerance for Risk?

What is your Organization’s Appetite and Tolerance for Risk?

By Randall Rollinson

Over the past several months we developed a strategic thinking course for one of our primary clients.  As we got into the design and development of the course, we discovered that managing risk is a critically important consideration in thinking strategically. Solid strategic thinking related to executing the organization’s strategy includes assessing the trade-offs involved in selecting a particular course …