In 1970, Bruce D. Henderson, founder of the Boston Consulting Group, introduced the growth-share matrix, a framework for categorizing the various businesses in a company’s portfolio in terms of their relationship to each other and to the company as a whole on the basis of competitive advantage and growth—the now-classic stars, cash cows, dogs, and…

The size and complexity of modern organizations operating in turbulent, even chaotic, environments has put a premium on competent strategy leaders. This is particularly true in midsize and larger organizations who must prepare the next generation of leaders well in advance to take the organization forward. Looking at this challenge from a longer term perspective…

Strategic leadership is a shared responsibility of many from across the organization coming together to exercise their particular leadership responsibilities in a distributed, integrated and systematic fashion. This is a hallmark in an organization where strategic focus has reached maturity. To accomplish this level of strategic maturity takes time, well‐placed effort and transparent communication by…

Apple from the iPod to the iPad This is the case study of Apple in the digital age. The great era of the iPod, the development of the digital hub and Apple’s move into the mainstream consumer market with the iPod, the iPhone and the iPad. It has many great examples and lessons for enthusiasts…

I. Introduction and Background The Illinois Farm Business Farm Management Association is a cooperative educational-service program designed to assist farmers with management decision-making. The organization utilizes Farm Analysis Specialists to provide assistance with business and family records, business analysis reports, and business operations counseling. FBFM cooperates with the University of Illinois Department of Agricultural and…

Growing up in Southern Illinois in the 1950’s and 1960’s was the formative period in my life. I can’t tell you how many times my brother and I were cautioned about doing things the right way the first time. I can still hear my father and grandfather saying “Measure twice, cut once! You’ve only got…

Phase I: Assess and Organize Change Management Models According to an article in Forbes, Change Management Guru is the world’s oldest profession. Almost everyone has a few theories about change management. While there are many change management models, most companies will choose at least one of the following four models to operate under: Lewin’s Change…

Phase I: Assess and Organize Communication and Change Management Plan Checklist GENERIC CHANGE MANAGEMENT PLAN Involve the right stakeholders in the planning and implementation processes. Identify Teams Core Planning Team. Extended Planning Team Stakeholders Project Leaders Implementation Project Team Members Must have commitment, authority, and power to effect real change Work as a team outside…

INTRODUCTION: (Source – FBFM Website) The Illinois Farm Business Farm Management Association is a cooperative educational-service program designed to assist farmers with management decision-making. The organization utilizes Farm Analysis Specialists to provide assistance with business and family records, business analysis reports, and business operations counseling. FBFM cooperates with the University of Illinois, Department of Agricultural…