Holly Green
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…
What’s in store for business leaders in 2011? As I gaze into my crystal ball, I see a year of promise and opportunity. And I see new challenges that require different ways of thinking and leading organizations. It’s not just that opportunities, threats, and changes in the marketplace happen faster and with less predictability than…
Andy Grove, the founder of microchip giant Intel, once said, “Business success contains the seeds of its own destruction.” Just look around and it’s hard to argue with him. General Motors. Enron. Washington Mutual. Lehman Brothers. PanAm. The landscape is littered with once-dominant companies that have lost their position of market leadership or gone completely…
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…
