Archive for February, 2008
Innovation’s impact on corporate success
2 Comments Published by Oliver February 24th, 2008 in Strategic planning, InnovationA couple of weeks ago I posted “How innovative is your organization” in order to discuss some fundamental aspects of innovation. In this post we will look at the impact of innovation. My personal observation is that most organizations see innovation as a very positive measure. Of course, being innovative sounds fine and offers a […]
One of the basics to be successful in competition is to give the customer what he or she wants. Since this aspect is a basic it is very likely that your competitor will do the same. So what’s next? The answer is a little bit more complex and needs to stress factors like learning, training […]
Confusing customers
0 Comments Published by Oliver February 9th, 2008 in Practice, This and that, Strategic marketingI am back from my recent business trip to Istanbul. There is a saying in German which translated has the meaning of traveling would be equal to education. In this particular case I had to learn that companies still have a confusing understanding how to manage their customers. We have to keep in mind that […]
First steps of strategic analysis
3 Comments Published by Oliver February 3rd, 2008 in Practice, Banking Industry, Strategic planningIn this post I will describe the first steps and approaches of (small to medium size) German retail banks when organizing their strategic planning process. Some of these aspects are valid for all types of small to medium size companies; at least they offer the option to compare your strategic planning process with the banks’ […]