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Channel: strategic planning Archives - John Spence
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People Are Everything

Here are a few phrases that sum up my ideas about the importance of your employees. People are not assets. They are unique individuals that deserve respect, support, and dignity. The customer’s...

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Investing in Your Top Talent: The Key to Business Success

Reflecting on my experience working with companies worldwide, I believe a few fundamental ideas are critical to business success. Here is one of the most vital.   The quality of the people on your team...

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Three Challenges That Many Businesses Face in Turbulent Times

Written by Dr. Oleg Konovalov All businesses face a myriad of problems that, like midges, suck blood and energy from them. Having problems is normal unless they turn into deadly challenges. Challenges...

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Thanks for a Job Well Done

Written by Frank Sonnenberg  Why are we surprised when a salesperson knows her stuff? A contractor honors his promises? Or a company lives up to its claims? Isn’t that the way it should be? It’s...

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Entrepreneurial Fears: How to Overcome Them and Succeed

As an entrepreneur, it is common to experience fears and doubts about the success of your business. These fears can manifest in different ways, such as the fear of failure, the fear of success, or the...

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The Ultimate Formula for Strategic Success

I have taught strategic thinking and planning in an executive-level course at the Wharton School of Business for nearly 25 years. I can boil down everything I teach into one formula. All effective...

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Strategic Planning is Not Supposed to Be Complex

I’ve had the unique experience of consulting for Fortune 100 companies that have entire departments solely focused on strategic planning. These specialized units employ various advanced strategy...

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The Power of Not Being Number One

Many companies aim high. They set their vision or BHAG (Big Hairy Audacious Goal) to be the best in the world. It’s a lofty goal. But let’s be honest. Only a few can achieve it. It takes massive...

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The Leader’s Toolkit: Four Essential Leadership Skills for Business Success

Continuous improvement is crucial for business leaders. It drives personal and organizational success. Focusing on just a handful of key development areas can yield significant benefits. Here are four...

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An Essential Tool for Strategy Execution: The Power of Dashboards

Creating a robust strategy can be monumental task, but it’s only the beginning. The real challenge, and often the stumbling block for many organizations, is in the execution. The gap between strategic...

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