The current operating environment is seeing the rate and pace of change accelerate. Customer choices, fueled by emerging technology is forcing businesses to create new ways of connecting with customers, engaging and retaining employees and sourcing...
On a routine basis, I meet with clients during annual budget time. You know what that means. Operating managers dust off last year’s numbers, increase their revenue targets slightly and do the same for operating expenses. They’ll set a goal...
The strategic planning process includes time dedicated to discussing and capturing planning assumptions. These often consist of thoughts, opinions, observations, and predictions of what the future may hold for our business and the stakeholders who depend on...
A necessary but often overlooked element of sound strategic planning is the time spent identifying and understanding obstacles. In many respects, this may well be the most important part of the planning process. Planners invest considerable time and energy creating...
Traditional SWOT analysis may not always deliver actionable insights. Discover the COS model—focusing on Concerns, Opportunities, and Strengths—to create more effective strategies and build a competitive edge for your organization.
An atmosphere of optimism usually guides a company’s strategy and plan, yet it's essential to prepare for the unforeseen. Contingency planning helps your leadership team prepare for things you hope will never come to pass.