Control the feedback loop Christopher Columbus didn’t intend to discover America. In 1492, his BHAG, a Big Hairy Audacious Goal, was to find the western sea route from Spain to…
New Year is coming, and it’s time for reflections and resolutions. And it’s time to ask ourselves: Do we want to BECOME, BE, or DO? Most life goals we set…
1. Strategy and Value Exchange: Strategy as New Year’s Resolutions If you just want what you don’t have, you’ll get what you don’t want. New Year’s resolutions rarely come true.…
How I made a team out of a bunch of folks Team coaching, motivational talks, and brainstorming sessions can only do so much. They work only for groups who have…
Those who focus on profit rarely get it Managing profit is impossible. That’s an oxymoron. You can manage its elements. Profit = Income – Expenses And they aren’t equally manageable.…
How an audacious strategic goal can crush a great company\ Jim Collins, the author of Built To Last: Successful Habits of Visionary Companies, coined the term BHAG, Big Hairy Audacious…
1. Strategy and Value Exchange: 360 Degree Strategy What you give determines what you get. Any business develops by: [1] Creating value for the six stakeholder groups. [2] Capturing value…
The Airline That Nosedived Have you ever flown standing up? If you think that’s a typo, it’s not. In 2012, Michael O’Leary, the CEO of the Irish low-cost airline Ryanair,…
Ride The Value Wave: Turn Your Business into a Value Engine
Think About ‘Horizontal’ Value Waves Instead of ‘Vertical’ Strategies Would you use an ancient stone battle axe to build a modern house? Hardly likely. Yet, we still employ strategic tools…
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