Success with the work of strategy demands hard work and the irreplaceable ingredient of leadership courage. It is this courage that allows management teams and organizations to ask and answer the hard questions critical for survival and renewal.
For any leader or management team struggling to navigate strategy, there are two tools I find incredibly useful in helping groups navigate complexity. They share a common trait in challenging strategy groups to focus their energy on cultivating a clear picture of a firm's reality and then defining a way forward, before defining actions. Too many teams jump to the actions and skip the heavy lifting and deep thinking. These tools keep you honest when it comes to strategy.
Enjoy those days when all seems to be good in the universe. Just watch out for that reality check about to blindside you!
We're taught from an early age in school what we need to do to earn the "A." Unfortunately, the real world isn't that structured, predictable, or kind. Learning to tolerate ambiguity and uncertainty in business is essential for survival. Learning to leverage these characteristics is essential for success.
I've always enjoyed time-travel stories. What if in business, we could travel ahead in time to see our mistakes and then go back and correct them and change the future for the better? While Einstein and others suggest it is impossible, I beg to differ. In the case of leading change, we can travel through [...]
Legacy beliefs exert a powerful force in our organizations and in our own lives. When those beliefs no longer match the external reality, our personal and business strategies come crashing down. Yet some leaders and professionals find a way to break away from the ties that bind.
When we overweight the value of experience in hiring situations or in navigating strategy, we increase our risk of failure. The challenge we face as leaders and managers is to imbue ourselves and our cultures with a sense of curiosity and the means and confidence to experiment.
Structure is a powerful management tool when developed carefully and focused on aligning your team's superpowers with the big opportunities.
The acquisition of Dollar Shave Club by Unilever highlights the need for all of us in our businesses to look beyond our traditional approaches. We focus intensely on what we do and how we do it and we fail to see simple alternatives that upstarts can easily exploit at our expense.
Helping a group align on the hard work of strategy is...hard work. Here are 3 ideas in my latest video update to help you get people working together early in the strategy process: