Tag: Business Strategy

Business Strategy: Plans or Luck?

A successful CEO recently told me how several of his senior leaders presented potential acquisition targets to him in the past year that were “must do” deals. Funny, he thought, that after they were outbid or lost for some other reason, they became “no big deal” deals.  Only fools would completely ignore opportunities that they […]

What Is Strategic Planning?

What is strategic planning? Well … for one thing, it’s perhaps the most misused phrase in business! Let’s start with what strategy is. On second thought, let’s start with what strategy is NOT! It’s not a budget. It’s not a fat document. It’s not that thing you do every November. It’s not a mystical chant. […]

Strategy Isn’t Problem Solving!

I received a notice from a well-known university for a strategy workshop to “master strategy consulting skills,” which they say is the skill of “structured problem solving.” Using templates and tools, they’ll teach you how to develop recommendations for clients. Problem solving isn’t strategy, and telling people what to do is rarely effective. Does it […]