article thumbnail

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 253
article thumbnail

Best 13 Software for Managing Your Strategic Portfolio in 2025: Trending Tools for Smarter Business Decisions

Epicflow

Read further to learn what tools will help you execute your organizations strategy and drive business performance in 2025. Strategic portfolio management is the process of selecting, prioritizing, and managing a companys projects, portfolios, programs, or products. What is Strategic Portfolio Management Software? need to be improved.

Software 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

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
article thumbnail

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.

article thumbnail

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. The scorecard helps to identify strengths and weaknesses. Using the wrong tools for the job.

Strategy 236
article thumbnail

Big Ideas, Bad Results: Avoiding Strategic Uselessness

Tom Spencer

Penney introduced a rebranding strategy in 2012, which included eliminating discounts and introducing boutique-style stores. Over a 12 month period, the companys market capitalization dropped by more than US$5 billion. Starbucks has suffered from a complicated strategy in recent times.