When we were little kids, we played street hockey until our toes froze (or until mom called us in). The games were played to ten, and we always kept score. The best businesses keep score, constantly, of their most important strategic metrics. Strategy is the outcome of what you do everyday! The three most important … Continue reading Effective Oversight of Strategy — It’s All About Results
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Effective Oversight of Strategy – What’s Your Process?
Every time I get on an airplane, I’m grateful the pilots are following their checklists. They’ve got their iPads out and are walking through the checklists, never relying on their memory to do something they’ve done thousands of times. They’ve got a process! In this issue, we’ll continue to discuss the framework of strategy oversight … Continue reading Effective Oversight of Strategy – What’s Your Process?
Effective Oversight of Strategy – Management’s Role: Part 2
This week, we’ll continue our discussion of strategic oversight by exploring the Purpose, which is the actual formulation, evaluation, and approval of your strategy. There is a lot of important information here and I’m condensing it drastically to fit in a newsletter. If you want more information on any of these topics, just let me … Continue reading Effective Oversight of Strategy – Management’s Role: Part 2
Management’s Role in Developing Strategy
This article is an excerpt from my upcoming book Called “The Triple Double: How to Double your Revenues, Profits and Valuation” and you’re the first to see it. It’s longer than usual as I wanted to give you a useful framework to help your management team develop a strategic plan for your business and for … Continue reading Management’s Role in Developing Strategy
Effective Oversight of Strategy – Part Two: Purpose and How your Values Create Strategy
This week, we’ll continue our discussion of strategic oversight by exploring the Purpose, which is the actual formulation, evaluation, and approval of your strategy. Today, we will discuss the first part of purpose—your values—and how they impact your strategic direction. There is a lot of important information here and I’m condensing it drastically to fit … Continue reading Effective Oversight of Strategy – Part Two: Purpose and How your Values Create Strategy
Cyber Security Tips for your Business
Cyber security is big news these days and a major threat to all organizations as criminals attempt to hold computers—and your business—hostage in exchange for payments to bitcoin before they release their stranglehold on your bits and bytes. This is serious stuff as global companies like Target and Home Depot, government departments, and even private … Continue reading Cyber Security Tips for your Business
The Effective Oversight of Strategy
I have just completed the Institute of Corporate Director’s (ICD) program which began for me in Winnipeg last September and finished in Edmonton this past weekend. The course is offered across the country by the ICD and you can take the four modules in different cities. It was a powerful learning experience and will help … Continue reading The Effective Oversight of Strategy
Lifetime Value of my Job!
My wife was buying a blazer for our daughter and asked the clerk about the store’s return policy, knowing that teenagers change their minds. “Thirty days for a refund, then a store credit,” was the clerk’s reply. Satisfied, my wife bought the blazer. Our teenager, however, wasn’t satisfied. When my wife tried to return the … Continue reading Lifetime Value of my Job!
Lessons From The Ski Hill
We just returned from our annual ski trip to Panorama and I’m pleased to report there were no broken bones or broken relationships! Here are some of the things we learned from having five people and lots of stuff jammed together for five days of fun. Skill = Performance = Fun As everyone spent more … Continue reading Lessons From The Ski Hill
One Year Wiser
Our eldest daughter Anastasia just celebrated her 19th birthday. Over dinner, we discussed her experiences, what she saw as the highlights, and what she’s learned in the past year. In your business, do you celebrate your birthdays, think about what you’ve experienced and learned, and plan for the next year? Entrepreneurs and their privately held … Continue reading One Year Wiser
