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Tag: strategy

Focus on the Strategy

Focus on the Strategy

A great post on Seth Godin’s blog reminds us of the importance of Strategic Thinking when looking at your plans. Seth comments about how easy it is to get lost in focusing on tactical moves, while moving away from (or not having articulated) their strategic intentions. It’s the old adage of missing the wood for the trees, tactical decision are more tangible than strategic intentions and thus more seductive. It’s also easier to measure tactical actions, thus giving the impression…

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Is your strategic planning up to scratch?

Is your strategic planning up to scratch?

Strategic planning is a valuable exercise for most businesses, however it is also laced with risk due to the scope of the activity. I came across a great article that talks about the four most common fatal flaws in this process and wanted to share it just to spread the word. Here are the most common fatal flaws in strategic planning: Skipping Rigorous Analysis: Performing incomplete analysis (or skipping the analysis step) is a sure recipe for disaster. Make sure…

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Where attention flows, money will follow

Where attention flows, money will follow

Interesting post by Kevin Kelly who believe the drivers in today’s emerging economy can be distilled into the statement: Where ever attention flows, money will follow. It’s an interesting idea which is hard to negate, as can be evidenced by new giants like Googe, Amazon and eBay. Here’s an interesting section: New things that don’t work or serve no purpose are quickly weeded out of the system. But the fact that something does work or is helpful is no longer…

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