Strategic Thinking

Six Questions KPI

Six Questions to Answer When You Design A KPI

By Amy Hsieh / / 0 Comments

It is always a celebratory moment when organizations finally have strategic objectives defined after the exhausting strategic planning process they have gone through. Oftentimes, though, staff jump directly to determining “what should we do to achieve those objectives?” and put all their energies into implementing selected projects. After a year or so, organizations find either that they can’t quantify their …

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ASP logo

The Benefits of Becoming ASP Certified

By Randall Rollinson / / 0 Comments

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 …

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Strategy Execution Principles

Strategy Execution Principles in a Disrupted Environment

By Randall Rollinson / / 0 Comments

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 …

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Bridging the Gap from Strategy to Execution: Leaders Must Lead

By Randall Rollinson / / 0 Comments

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 …

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Strategic Management Training Dubai

LBL Celebrates Another Successful Boot Camp Session in Dubai

By LBL Strategies Team / / 0 Comments

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 spent five days learning together …

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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

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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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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