Bad strategy decisions lead to layoffs, budget cuts, ruined careers, personal stress, and the pain of the saddest words in the English language: “What could have been.” The best antidote is the words “what if?” – if they’re spoken before the decision gets made.
This article will provide a framework to assist managers in creating a great strategy efficiently and effectively. It will discuss:
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Content: Article | Author: Mark Chussil | Sources: CEO Refresher, Competia | Subject: Strategy
External environment factors such as down turns in the economy, and a lack of investment in innovation can have a significant impact on a firm’s strategic options. To obtain a better glance of how these factors will affect the planning process, analysts can utilize the STEEP analysis tool. When used correctly, the tool will furnish decision makers with information which should be used to improve … [ Read more ]
Content: Article | Author: James Kyler | Sources: CEO Refresher, Competia | Subjects: Management, Strategy
This article offers three suggestions for improving the strategic planning process. Especially noteworthy is the third suggestion, which includes a description of McKinsey’s Nine-cell Business Portfolio framework.
Content: Article | Author: Estelle Métayer | Source: Competia | Subject: Strategy
Article tracks some of the features and lessons learned from Intranet strategies to manage employee and expert knowledge at Booz-Allen, Arthur Andersen, E&Y and KPMG.
Content: Article | Sources: Competia, IDM | Subjects: Consulting / Analytical Tools, Knowledge Management | Industry: Consulting