5 Ways to Own Vision Organizations that behave strategically own vision. A good vision becomes operational. If the vision sits out at the 10-year horizon and never finds its way into operational influence, it is nothing but a meaningless historical artifact. Here are 5 ways to own vision: Start using the vision as a way of framing near-term plans. Ask people to … [Read more...] about 5 Ways to Own Vision
Strategic Planning
Economic Balance Can’t Come from Sovereign State Policy Makers
Today's strategy+business article, A Continuous Quest for Economic Balance, discusses what countries must do to balance their economies. It starts, in its first sentence, revealing a bias by focusing on "what cracks the storm [the economic crisis] revealed in the foundations of national economies." I think there is a larger crack that appeared during the financial crisis, … [Read more...] about Economic Balance Can’t Come from Sovereign State Policy Makers
Strategy: What Nokia Needs to Do To Survive
Cover photo by Zaidan Falaah on Pexels.com Stephen Elop's leaked Nokia strategy memo (full text here at the WSJ TechEurope blog) has caused a bit of a stir. At the center of the memo is uncertainty. The message he gives is that people need to embrace uncertainty like the man in his allegorical burning platform, jump into icy waters and be transformed. The emotion of the … [Read more...] about Strategy: What Nokia Needs to Do To Survive
Why Visions Aren’t Future Mission Statements
Why visions aren't future mission statements A mission is a statement clearly defines why an organization exists. It should be short and very clear. It should differentiate the organization from its competitors. Why an organization exists should state unique value. A vision states should be aspirational and forward-looking. It should derive from, and complement the mission … [Read more...] about Why Visions Aren’t Future Mission Statements
Connecting to Uncertainty
I was taken to task in today's Internet Evolution blog posting about the future of paid content (Paid Content: Fresh Efforts, More Questions,) and told that all this scenario stuff probably didn't serve me well as analyst. Quite to the contrary. I think the best analysts are those that admit what they don't know and actively wrestle with the range of possible outcomes. Picking … [Read more...] about Connecting to Uncertainty