Strategy 2 min read Free

Ideology is making business worst

In WWII, German armed forces predominantly sought to destroy their enemies on the battlefield through Blitzkrieg. According to Lorris Beverelli the problem is that: "German strategists failed to conceive a way to defeat their enemies other than by defeating major parts of their armed forces and occupying their entire
Strategy 1 min read Free

Courage: The biggest challenge organizations face

In my experience, the single biggest challenge organizations face is the lack of courage. Most executives do a good job of figuring out what needs to be done to improve their organization’s success. Many lack the guts to make the hard decisions. They lack the courage of their own
Strategy 1 min read Free

What strategic decisions look like

Most companies fall into the “do-it-all strategy” trap. Failing to make choices, and making everything a priority. The result is underperformance and employees lack of beliefs that their leaders truly want them to act strategically. For employees strategy can look like a black box. They are thinking: “Leaders have spent
6 min read Free

Lessons from Jim Balsillie, former co-CEO of Research In Motion

Jim Balsillie is the former co-CEO of Research In Motion (RIM, ‘BlackBerry’). He joined the company in 1992. He earned an MBA from Harvard Business School in 1989 and a Bachelor of Commerce from the University of Toronto in 1984. I was interested in learning more about Jim Balsillie because
Strategy 2 min read Free

Company mission in crises

In her posts In the Future, All Brands Will Be B Corps, Ana Andjelic writes that "Crises are great truth-tellers. Brands are, in real-time, going through the crash course in social responsibility, and there are already winners and losers. Winners acknowledge what their customers are going through. Losers are
Strategy 1 min read Free

The roundabout path to strategy

The traditional idea behind strategy is the deployment of resources against some objectives. Each year, organizations engage in processes akin to magical rites with the goal of coming up with a plan. We know what to do, we know why we should do it and we know how to do
1 min read Free

Overcoming impostor syndrome by asking good questions

Impostor syndrome is when you experience the sentiment of not being enough, even though you might be performing well. In the long run, having the persistent fear of being exposed as a fraud can negatively impact how we perform. In strategy consulting, the impostor syndrome can be strong, as you
1 min read Free

How to evaluate the quality of business books

In What Makes Good Models and How to Use Them, Emmanuel Derman explains that in social science, you have to work hard to have a usable theory of anything. The challenge with most business books is that they do not make the difference between theories and models. Theories tell us
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