Posts Tagged: strategy

advantage at the fringe

In today’s business environment, competitive advantages rapidly erode. Entire industries are transforming and being overwhelmed by new developments. The internet is shifting power from companies to consumers. Product and strategy life cycles are shrinking. Deregulation and globalization are opening up entire industries to an onslaught of nimble low-cost competitors. The fact is organizations using yesterday’s… Read more »

insiders versus outsiders in CEO succession

Whether you agree or disagree with the premise, the title of a recent Fortune Magazine article is certainly an attention grabber. It is by Noel Tichy and entitled “J. C. Penney and the terrible costs of hiring an outsider CEO.” In the article, Tichy reviews J.C. Penney’s decision to hire Ron Johnson (who had previously… Read more »

Mastering Intelligent Opportunism

There is a distinct emotion that accompanies the arrival of a great business opportunity. It is part adrenaline, part fear and part excitement. It is the same emotional high that comes with being close to inevitable victory in a season ending hockey game. It is the point at which everything around slows down, your vision… Read more »

Personal Credibility & Trusted Judgement

Decision Making Intelligence is the second credibility builder and it is the ability to solve problems, resolve issues and come to conclusions that satisfy the various stakeholders and leave them feeling fully and clearly committed to the decision. It is about personal credibility and trusted judgment. In order to be credible, leaders must combine their… Read more »

Understanding the Future: Bold Imagination

The innovation we need to transform our organizations is not developed by digging for the provable facts and empirical evidence hidden deep in the well of our retrospective data banks. It is not the deep analytical source of insight that will somehow help us make sense of the future. It is quite the opposite. Our… Read more »

Navigating Direction : Mastering Pivot Points

Throughout history, the truly great leaders have known when and how to pivot when the situation and the context change. They seem to have a sixth sense and know exactly the right moment at which to abandon what is no longer working and comfortably embrace new tools more suited to the conditions they find themselves… Read more »

Lies We Tell Ourselves

A common and all too often fatal flaw business leaders fall victim to is the tendency to focus on the immediate rather than the important. This is especially true when it comes to the really big things and the truly difficult problems in our lives or businesses. Unfortunately, the hidden costs, consequences and risks of… Read more »