Practice Archive

This post will focus on options and ideas to improve strategic planning, again. A couple of days ago I have presented the first post “Ideas for overcoming analysis barriers” in this informal series – for improving strategic planning in your organization - in our strategy blog. But before starting with this new post I think […]

Strategic planning is linked with a variety of problems and barriers. Some of them are related to sequence and tools of the planning process. Other problems and barriers exist since strategic planning takes place in the context of the firm’s culture; in some circumstances this culture can break the planning process. Therefore I would like […]

Now that we have discussed the strategies of a downsized workforce to cope with the resulting higher workload, it is time to address business leaders and their consultants.
Your company is threatened by falling profits or even losses. Your shareholders, your creditors, all analysts and the whole market expect you to do something. Of course, you […]

Part One: What to do when your department was over-downsized
This question might be back on your agenda soon. Latest turmoil at the financial markets made the profits of banks and other investors drop sharply. Nobody knows how many more unrealized losses are to come. We have already seen first redundancies. With growing fears that a […]

When starting the process of strategic planning it is crucial to focus on the key strategic issues. Hence there is a key question: What is a key issue for my organization?
If one walks around in a company and asks several managers you will end very likely with a number of very different ideas what such […]

I am quite happy. Since yesterday Germany is back. Back in the club of technology driven countries, where technological options and brands are the main drivers for progress.
What’s on? Yesterday the sale of the world famous iPhone did start in Germany. One of the leading German newspapers, the FAZ (Frankfurter Allgemeine Zeitung) addicted nearly an […]

Traditionally strategic planning has been recognized as very important activity to the effective management of the firm. However, according to some recent surveys (from 2006 and 2007), which are related to the organizational practice of strategic planning, “some” survey participants were not satisfied fully with the process or outcome.
Hence I would like to select some […]

How can brand presentations employ a web 2.0 approach? I have found a very interesting approach called FLOADED.
FLOADED is a new platform for professionally made short movies that have been sponsored by commercial partners. One can find this platform under www.floaded.com.
FLOADED stands for Loaded Film entertainment and consists of short movies; brands and specific products […]

A couple of days ago I received a question concerning an external growth strategy. The core of that question had three different parts. When might this strategy route be appropriate?  What are the conditions for an organization to consider this route and what forms of strategies are applicable once the organization settles to take this […]

For all who are interested in issues of strategic planning I would like to recommend a new article from TheMcKinseyQuarterly. It is now available online without being a premium member of their web services.
Core statements are

Only 45 percent of survey respondents said that they were satisfied with their existing process for strategic planning
Only 23 percent […]