The success of your business will depend on having a strong foundation in the five key areas of People, Product, Process, Profit and Permanence. Permanence is a measure of how likely is your business to succeed for the long term. As a busy leader tackling the daily challenges of running your business, you probably have […]
Photo courtesy of Editor B(CC Attribution) What is strategic planning? It is the process of defining a business strategy. What is strategy? Michael Porter defines strategy as “The creation of a unique and valuable position, involving a different set of activities from competitors.” Strategy is useless if not well executed. All too often, strategic […]
Does your executive team transfer DNA? NOT in a physical way, but in a mental way? We are not talking about shaking hands and doing the obligatory, “how are you today?” question and answer. I want to know if your executive and middle managers meet for a day of learning, resolving big issues and exchanging […]