Strategic Management Blog

From Theory to Practice

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 …

Scenario-Based Planning

Scenario-Based Planning: Helping your Team to Think Differently

By Robin Champ

Albert Einstein said the definition of insanity is doing the same thing over and over again and expecting a different result. We can apply the same adage to strategy.  If we always use the same input and thought process when developing strategy, will we really get a different result? How do we prepare ourselves for an uncertain future, when we …

Strategic Trends and the Role of Strategists

By LBL Strategies Team

By Jim Stockmal, Association for Strategic Planning Past President Strategic planners and strategists have for many years focused on environmental factors that may impact their organization either positively or negatively. Whether using a classical PESTEL model – that is the political, economic, social, technological, environmental, and legal factors – or strategic foresight, we have often considering these macro trends as …

Preparing for Association for Strategic Planning Certification

By LBL Strategies Team

Achieving Association for Strategic Planning (ASP) industry level certification signals you are a well-rounded and accomplished strategy professional. That said, passing an industry level professional certification exam can be stressful, expensive and time consuming; especially balancing work demands or looking for career opportunities. As you begin to prepare for your certification exam follow these tips to ensure success: Become a …

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 …

The Best Ways for Strategy Professionals to Earn PDUs for PMP Certification

By LBL Strategies Team

For professionals in charge of strategic planning and management, having a Project Management Professional (PMP) certification can certainly be a boon to your resume and your career. But now that you’ve earned it, you have to keep it! What are some of the best ways to make sure you’re continuously earning the PDUs, or Professional Development Units, that you need …

Strategic Management Training

Companies Are Strategic When They Understand the Process

By LBL Strategies Team

“The best laid schemes of mice and men go often askew” (Robert Burns, “To a Mouse, on Turning Her Up in Her Nest with the Plough”, 1785) If poet Robert Burns were a CEO in today’s operating environment, we expect he’d use that line…often. In fact, is there a better way to manage expectations for a strategic plan with leaders …

PMI REP

LBL Strategies Endorsed as Registered Education Provider by Project Management Institute

By LBL Strategies Team

Chicago, IL: The Project Management Institute (PMI), the world’s largest project management member association, named LBL Strategies as a Registered Education Provider (R.E.P.). The R.E.P. title corroborates that LBL Strategies met PMI’s rigorous standards for quality criteria for course content, instructor qualifications, and instructional design. The Project Management Institute’s network of registered education providers is approved to deliver professional education …

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 …

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 …