Strategy Maps – 5 useful tips

A Strategy Map is a very useful tool for any commercial enterprise or public organisation. It can take many forms; from a classic four perspectives Kaplan and Norton variety to the more esoteric Tesco circle. The primary purpose of a strategy map is to communicate a...

Measure Your Strategy?

Big data might give you a new insight into what the market is doing. Complex BI systems may give you a better understanding of your customers. Your monthly management reports may show that you are running an efficient organisation. All of this comes to nothing if you...

Creating Meaningful KPIs

Creating Meaningful KPIs – Or to put it another way; ‘give your company a fighting chance to successfully implement its strategy’ This might seem a bit glib, but the reality is successful strategy is not determined by definition alone. Some of the greatest...

Write a List

Write a List – You may think it is basic management 101 to be told to ‘Write a List’. There is no doubt we all write lists. You may write one every day, or at the start of the week and diligently cross off activities as you complete them. The importance of a...

Communicate your Strategy

Last week we asked the question; do 90% strategies really fail due to poor execution? The question caused a flurry of activity on LinkedIn and various blogs exploring where the statistic actually came from. As suspected, the stat is very old originating from a survey...

90% Business Strategies Fail

90% Business Strategies Fail – There is a well-known anecdotal business statistic that 90% of organisations fail to execute on their strategies. In reality the source of this statistic is not clear, our own research into its origin suggests that it may have come...