strategy management

Are you too busy to improve?

Though we all know that change is the only constant thing in business, people are way too resistant to it, even if it is promises a positive impact on the bottom line. Why is it so? Few things off my head that I see way too often are: They are too busy and firefighting takes [...]

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business intelligence

If Pharaoh should recruit a leader – how would the world look like?

Written concepts about leadership developed early. The concepts of leadership, leader and follower are found in the Egyptian hieroglyphs. Just think how the world would have been if Pharaoh was selecting the leaders to [...]

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business intelligence

Manager or Leader

When I thought about some of the “Leaders” I have worked for, I look back on the employment with joy. These people “showed the way” and lead me in the right direction – sometimes even without me knowing that I was being led. But I have also worked [...]

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strategy management

Are we in control of rising cost or is cost ruling us?

As a young financial controller I made an observation that I won’t ever forget. I had collected the various departments’ budgets for the next 5 years (bottom up process) and summarized the numbers. The 5 year [...]

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what a difference words

What a difference words can do!

In my young days I worked for a big fortune 250 company. As the financial controller working in the shared services department, I had an experience which, I will never forget. All the managers (40 in total) were gathered for an extended management meeting and [...]

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KPI dashboards

KPI Bazooka…

KPI’s (Key performance indicators) are a vital part of your Strategy Execution system. We should probably take a closer look at the three magic letters and see what they contain: K – Key – remember only the important – the “key” – the few. I see many companies [...]

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Meeting culture

Meeting culture

Meetings are a part of our daily life in corporations, but have you been questioning the value of meetings? Some love meetings, others hate meetings. I came across some interesting statistics* that I want to share with you. 55% of all meetings are dominated by [...]

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important questions

Don’t just keep running faster – rather stop and ask 7 important questions

Have you sometimes been told that you need to be more productive? You need to work harder? You need to have more efficiency? Most people, when they hear these [...]

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performance management system

Performance Management System – For Reward or Punishment?

Many companies are using their performance management system to control and punish people/ divisions which do not meet their set targets. Seldom do I hear about celebrating good results. Sales people are probably [...]

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strategy execution

Money Iceberg – how much of your potential gets realized?

Many times in the past years, I have been asked the question – “What is the derivable value when strategy execution is successful?” We know there is potentially a huge value from successfully implementing strategy [...]

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corporate performance management

Target rebellion

I don’t know how you set targets in your company. Are targets set by a manager without a closer reflection on how to reach them, or are they worked out in collaboration with the people who are to achieve them? Targets should always contain [...]

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strategy management

Target Dictatorship

I have seen many different ways in which organizations go about Target setting. One company I visited had a target of implementing the Balanced Scorecard within two weeks of the announcement. They got just two weeks of notice – and the CEO expected [...]

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