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August 2023: Thinking Slow – Thinking Strategically
Early in my career I was working with an oilfield services company and sat in on a new product launch presentation. The product eliminated scale from oil pipes and was a brilliant invention. Scale can build up in oil pipe choking off oil and the only solution at the time was to replace the pipe at g...
July 2023: Sir Alex on Winning and Leading Champions
Alex Ferguson spent 26 years as coach of Manchester United football club winning every trophy conceivable. In 2012 Harvard prof Anita Elberse developed an HBR case study analyzing the famed coach's winning style. She boiled his success down into eight lessons…eight lessons that all of us can apply… to our businesses and to our lives. Here they are…
June 2023: Strategy Breakout
If you like stats here's an interesting one. Of 100% of all enterprises in the world, 90% of profits generated come from just 20% or just 1/5th of all the companies. Although it hasn't been measured internally, the same likely holds true internally, meaning that 80% of operations bring in just 10% o...
May 2023: Breaking Bad
A ground-breaking research paper by University of British Columbia Professor Sima Sajjadiani found that employee exits “change the social fabric of workplaces prompting (even) more departures”. The researchers found that layoff announcements have the knock-on effect of increasing feelings of job i...
April 2023: Champagne and the Art of Celebration
Here’s a trivia question for all you F1 race fans…..which F1 sponsor has been on every podium since 2020? The answer may surprise you…it’s Ferrari. However, it’s not the Red Scuderia Ferrari you might all be thinking of but rather Ferrari Champagne who are the sponsors of the Podium celebration...
February 2023: What are We Doing?
The best judge of a person is not the answers that they give but the questions they ask. –Voltaire When it comes to looking for a leader to develop and execute a business strategy, we always seem to be looking for the person we perceive to be the smartest in the room. This may not be the smartest thing to do.
February 2023: Strategy For Sale
Two CEO’s from competing companies met in the washroom at a local gala event. The story goes that they talked briefly, exchanging pleasantries, when one mentioned they had hired a consulting firm to develop their strategy. The second CEO confessed that they’d also hired a consulting firm to develo...
October 2022: It’s Deja Vu all over again
In business (and investing) it's important to look past the emotions to find the conviction…. here's why and why it's important to you. In November we witnessed the total melt down of the cryptocurrency empire FTX. ......
December 2022: Strategic Marketing vs Tactical Marketing
In any business there is always that moment of truth when a new product or service hits the market - that moment where a company’s new baby meets the customer and the market goes crazy for it. At least that’s the plan.
October 2022: What value is your “Yes” if you can’t say “No”?
In the movie “Bruce Almighty”, actor Jim Carey gets to be God which, of course, means he must respond to people’s prayers. At one point he’s so inundated with prayers to win the lottery, travel the world, etc. that rather than weighing the merit of each request he hits “Yes” to all. Everyone’s prayers are answered!
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