Pre-thinking Your Way to a More Flexible Organization

What would you do if your best customer closed the account and went to your biggest competitor? (And no, jumping off a cliff is not an option!) Seriously, what would happen if your key suppliers suddenly tripled their prices? How would you respond if a new technology made your current business model obsolete overnight? What…

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Creativity: The New Leadership Imperative

Last week I wrote about how the IBM report, “Capitalizing on Complexity: Insights from the Global Chief Executive Study,” suggested that a majority of CEOs around the globe felt ill-prepared to deal with the increasing complexity in today’s business world. In response to this finding, IBM asked business leaders to prioritize the three most important…

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How To Get Others Thinking Strategically

Which is more important for a business to engage in – strategic planning or strategic thinking? If you answered “both,” you win the prize. What’s the difference between the two? Typically, strategic planning involves a formal process whereby company leaders and senior managers gather for a day or two and peer into the future to…

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