Have you ever wondered why some businesses succeed and perform better than others? Or why are some more difficult to beat while others are not? To be competitive in an industry, a business must develop and implement a strong plan. A strategy is a long-term plan for your business to reach a desired future state. […]
#strategy
Lead Through Volatility With Adaptive Strategy
Gartner research has shown that a truly adaptive strategy approach is consistent with four core practices designed to move the enterprise from a rigid, top-down, calendar-based process to a more adaptive, event-driven strategy. “Enterprises that can spot new opportunities earlier and respond more quickly than their competitors are the ones most likely to succeed in […]
3 Steps to Sustainable Diversity and Inclusion Strategies
Organizations that implement long-term D&I strategies can see significant improvements, such as a 20% increase in organizational inclusion, which translates to a 6.2 percent increase in on-the-job effort, a 5% increase in employees’ intent to stay with the organization, and a nearly 3% increase in individual employee performance. Gartner advises three steps for organizations to […]
The Five Pillars of Strategy and Execution
According to the 2020 Gartner Execution Gap Survey, 40% of executives think their enterprise accountability and leadership are not aligned on strategy execution. Many executive leaders don’t have a documented three- to five-year business strategy. The enterprise may exist in certain cases, but it hasn’t been adequately communicated with business and functional executives. In other circumstances, […]