Blog

AI in Strategic Management

The State of Artificial Intelligence & Business Strategy

By LBL Strategies Team / / 0 Comments

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 — its strategy? MIT Sloan Management Review recently partnered with The Boston Consulting Group to …

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Strategic Management Process Phase 5

4 Ways A Performance Management System Will Improve Strategic Execution

By Ted Jackson / / 0 Comments

As a chief strategy officer or someone involved in business performance management, you know firsthand the struggles associated with getting your team (or more broadly, your organization) to execute on strategy. There are so many obstacles to overcome, including those associated with using Excel or PowerPoint as your performance management system. Fortunately, there is a way to save a tremendous …

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Strategic Management

What is Strategic Management?

By LBL Strategies Team / / 0 Comments

We use the term “strategic management” often, but what exactly does it mean? 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, let’s turn to our friends at the Association of Strategic Planning (ASP) who define …

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Leaders Lessons

Three Lessons in Effective Leadership from Elon Musk

By LBL Strategies Team / / 0 Comments

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 what’s possible. Often referred to half-jokingly as a real-life Iron Man, Musk seems to always be on the forefront of technology and …

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referral program

Refer Friends and Earn Money with LBL’s New Referral Program!

By LBL Strategies Team / / 0 Comments

We’re excited to unveil our brand-new referral program for past and current training participants! If you thought your time with LBL was impactful, we encourage you to pass along your experience to someone you think would benefit from our training. Serving strategy professionals is our true passion and so, for a referral, we are giving back to you, our dedicated …

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Eugene_F._Kranz Nasa

What Strategic Leaders Can Learn from NASA’s Most Famous Flight Director

By LBL Strategies Team / / 0 Comments

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. He’s the guy that ran mission control, one of the key players in achieving the goal of “landing a man on the moon and …

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Strategic Management Books

Want to Be a Better Strategic Planner? Read These Classic & New Books on Strategy

By LBL Strategies Team / / 0 Comments

In general, to be effective in any discipline, one must acquire the knowledge and skills required to practice that discipline.  If you are looking to be effective in the practice of the strategic management discipline, we encourage you to become familiar with many of these books.  Each adds to the overall body of knowledge which makes up the discipline of …

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KPIs

What’s the Difference Between the KPIs, OKRs and KRAs?

By LBL Strategies Team / / 0 Comments

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 you’re doing, how you can improve and what effect your actions are having on your overall strategy. Needless to say, the pursuit for …

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Strategic Management Dubai

LBL Brings SMPS Boot Camp to Dubai

By LBL Strategies Team / / 0 Comments

Our VP of Operations, Doug Maris, is in Dubai – 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 have been experiencing intensive, hands-on …

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Transformation Strategy

Is Your Business Transformation Strategy Going Down the Drain?

By Randall Rollinson / / 0 Comments

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 …

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