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3 Ways to Clearly Communicate Your Company’s Strategy

Harvard Business

For all the communication around strategy, we know that leaders at many companies don’t provide the necessary context for employees to understand what the words and sentences in a strategy statement actually mean. What can leaders do to help employees understand enough context to understand a strategy?

Strategy 254
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Book Review of “The New How” (Business Strategy Book)

Steve Shu Consulting

It is atypical for me to write a book review for this blog, but Nilofer Merchant’s “ The New How: Creating Business Solutions Through Collaborative Strategy ” is very respectable contribution to both audiences of this blog and the process of strategy development in general. through customized, experiential learning sessions.

Strategy 218
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Your Complete Guide to Subcontracting as an Independent Consultant

Successful Independent Consulting

strategy development, market research, transformation initiatives). ECA Partners : Serves private equity and PE portfolio companies with consulting and interim leadership. vChief : Focuses on placing fractional executives within companies. Based on their input, heres a list of agencies and platforms for you to consider.

Cash Flow 195
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How To Help Ensure Strategy Scorecards Don’t Fail You

Steve Shu Consulting

While the scorecard is important, it’s important to not lose sight of how a scorecard is developed and what the scorecard could mean for your organization. The figure below shows an illustrative scorecard for a company. Very) common traps after the scorecard readout process include: Failing to develop specific action plans.

Strategy 236
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Emergence of Formal Behavioral Insights Teams and Initiatives

Steve Shu Consulting

Companies like Idomoo present companies with an opportunity to tap into behavior change using massively-automated and personalized videos. Strategy Development. Where are we at and how can we get smarter about developing ideas based on behavioral economics? Operating Model Development. It’s an opportunity.

Video 230
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What I’ve Learned From Buyers of Management Consulting Services

Steve Shu Consulting

Some argue that using consultants for strategy development intimate incompetence by management (example here ). Companies should definitely examine the needs and tradeoffs for using management consultants. Many blog posts and articles address when to use management consultants versus not.

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In Uncertain Times, Embrace Imperfectionism

Harvard Business

Under today’s conditions, the authors argue that real-time problem solving should be the heart of strategy development rather than theoretical frameworks, and they present a framework for this approach.