by Art Petty | Nov 17, 2015 | Art of Managing, High Performance Management Teams, Strategy
“Not miscalculation, bad strategy is the active avoidance of the hard work of crafting a good strategy.” Richard Rumelt—Good Strategy/Bad Strategy Consider: “Our strategy is to be more profitable than our competitors.” “Our strategy is to grow from 10,000 to 100,000...
by Art Petty | Nov 15, 2015 | Leadership, Leadership Caffeine, Leading Change, Management Innovation, Product Management, Strategy
The Leadership Caffeine™ series is intended to make you think and act. — A dialog between Sherlock Holmes and Dr. Watson in “A Scandal in Bohemia,” by Sir Arthur Conan Doyle: “The distinction is clear. For example, you have frequently seen the steps which lead...
by Art Petty | Nov 4, 2015 | Art of Managing, High Performance Management Teams, Leadership, Leading Change, Strategy
Most businesses and most management teams flail and fail when it comes to the work of strategy. In today’s world, where the long-cycle strategy process has been replaced by short-bursts of experimentation and iteration, it’s essential to reduce the fail...
by Art Petty | Oct 27, 2015 | High Performance Management Teams, Strategy
One of the worst uses of the term, “team,” is in relationship to the group of executives who report to the CEO. For many of the firms I work with ($20 million to $200 million in annual revenues), there’s little beyond the “report to” issue that binds these groups...
by Art Petty | Sep 17, 2015 | Art of Managing, High Performance Management Teams, Strategy
The Art of Managing series is dedicated to exploring the critical issues we face in guiding our firms and teams to success in today’s volatile world. — Strategy processes mostly disappoint. That’s too bad, because there are few activities more essential to...
by Art Petty | Aug 14, 2015 | Art of Managing, High Performance Management Teams, Management Innovation, Strategy
The topic of transformation is a challenging one for all management teams. It’s not surprising that few muster the collective courage necessary to transform their organizations even in the face of sustained headwinds or looming crisis. Certainly, there are different...