Martin Reeves, Roeland van Straten, Tim Nolan, Madeleine Michael
In any strategy process, there is a tension between structure, necessary to ensure rigor and alignment, and exploration, critical for innovation.
Content: Quotation | Authors: Madeleine Michael, Martin Reeves, Roeland van Straten, Tim Nolan | Source: Harvard Business Review | Subject: Strategy
Martin Reeves, Roeland van Straten, Tim Nolan, Madeleine Michael
A clever strategy on paper is only the starting point for engaging those who will implement it. Strategies must also be communicated and understood — and they must motivate action. Most strategy documents and presentations fail miserably when it comes to this last point. […] Strategy stories can provide a powerful bridge between arguments and actions, intentions and results, and strategists and implementers. […] A … [ Read more ]
Content: Quotation | Authors: Madeleine Michael, Martin Reeves, Roeland van Straten, Tim Nolan | Source: Harvard Business Review | Subjects: Organizational Behavior, Storytelling, Strategy
Your Strategy Needs a Story
Business strategy is usually born of a highly rational process, grounded in facts and analysis. Storytelling, often associated with fiction and entertainment, may seem like the antithesis of strategy. But the two are not incompatible. A clever strategy on paper is only the starting point for engaging those who will implement it. Strategies must also be communicated and understood — and they must motivate action. … [ Read more ]
Content: Article | Authors: Madeleine Michael, Martin Reeves, Roeland van Straten, Tim Nolan | Source: Boston Consulting Group (BCG) | Subjects: Organizational Behavior, Storytelling, Strategy
The Art of Performance Management
At most large companies, the performance management system is a hodgepodge of legacy systems. KPIs are not aligned across the organization. Different information systems categorize data differently. Decision rights as to who decides what data to collect are so distributed that there is no consistent approach to reporting across the entire company.
As a result, the finance organization spends an inordinate amount of time simply putting … [ Read more ]
Content: Article | Authors: Alexander Roos, James Tucker, Jeff Kotzen, Julien Ghesquieres, Marc Rodt, Tim Nolan | Source: Boston Consulting Group (BCG) | Subjects: Finance, Management