Strategic framing is one of the most powerful tools a leader has to set expectations and drive innovation. Take Roger Smith the CEO of GM from 1981 to 1990. He oversaw one of the greatest corporate declines in history. GMs …
Management by objectives (MBO) is a popular approach that worked well for many years. But for organizations that aspire to be the best in today’s complex it is not longer enough. Imagine a soccer coach that aspired to win the …
Management by Objectives (MBO) is No Longer Enough Read more »
In the 1990’s Stern Stewart developed a management method called Economic Value Added. This, along with new practices in Executive Pay, heralded in the era of Shareholder Value. While the idea the Shareholder Value holds merit, it’s practice has been a disaster. …
Twenty years ago I had a book on my bookshelf called the Witch Doctors. It was an assessment of management fads and gurus. It seems that every successful executive becomes a management guru espousing the principles they believe made them …
Increasingly, the executives I know are running harder and harder just to keep up. I liken them to the hamster running on his exercise wheel. A friend of mine says these executives are being “gerbilized.“ Are you being “gerbalized”? If …
Our challenges in business have become increasingly complex and we have faced them with more and more detail and activity. This works well for complicated but solvable challenges such as lean manufacturing, automation, miniaturization, and featurization. But running faster with more and more …
Some years ago I arranged for my client, the maintenance unit from a leading Japanese airline, to meet with a leading European airline. After touring the European facility and exchanging insights we sat down to a very nice lunch. I sat next to …
For the IRS a free lunch is just another perk. From a Competitive Advantage perspective, a free lunch is another incentive to attract independent actors who are trying to maximize their utility. This gives them a little more utility because …
The sustainability movement has led to amazing innovations, new green industries, and competitive advantage for businesses that truly shift their strategies, as opposed to engage in greening their public relations efforts. Unfortunately, the depth of our societal investment in sustainability …
Breathing New Life Into the Sustainability Movement Read more »
