We all tend to refer back to our experience when faced with problems. This might be an efficient approach, although not always the best one. There is a serious risk in relying on our experience. Of course, experience is a … Continue reading
August 24, 2015
Comments Off on The Broken Windows Theory – how not to attract the best employees
The Broken Windows Theory originates in law enforcement. It aims at reducing crime rates. This is not the typical source of ideas for corporate management, isn’t it? Actually, businesses can learn a lot from the successful implantation of this theory … Continue reading
August 20, 2015
We are back from our summer vacation in Rerik, a small seaside resort at the Baltic Sea. Once again, I learned a valuable management lesson where I didn’t expect it. This year’s summer lesson is about growth. Conventional strategic wisdom … Continue reading
July 21, 2015
Comments Off on Should strategists have answers or questions?
Strategists always are some sort of consultant. They help businesses make their way into the future. A consultant should have in-depth specialist knowledge, shouldn’t he? So a strategist is mostly expected to provide answers to existential questions like What will … Continue reading
June 30, 2015
Comments Off on “Not yet decided” – a new management trend?
It seems as if I have spotted a new trend in management methods. I have observed it more and more frequently over the last couple of months. To my big surprise, other management writers did not pick up this topic … Continue reading
June 2, 2015
Comments Off on The benefits of being a private company
Private companies are less in the spotlight than public companies. Thus, they have less stress with quarterly reports and analyst calls. But, are there any real strategic benefits from being a private company than these more practical advantages?
May 12, 2015
This is just a little story from real life. Only a few minutes to read and you know one more trap you would not expect in your planning process. Everyone knows how to calculate the market share. In general, market … Continue reading
April 29, 2015
Comments Off on Deutsche Bank’s new strategy – Is it anything better than the previous Strategy 2015+?
Deutsche Bank has announced its new strategy on 27 April, 2015. Will this one be the big step forward that finally repositions the bank as a profitable global player? I have my doubts. In order to understand why, we first … Continue reading
April 23, 2015
Commonplace books? You may even have one and not know it! Commonplace books are excellent tools for keeping notes of whatever is important to you. They are popular among writers, thinkers, artists and many others. Surprisingly, there is little public … Continue reading
March 5, 2015
Comments Off on The many faces of the strategist
The job description of a strategist is manifold. Similarly, expectations on the strategist are diverse. It seems as if almost anybody has his own unique idea of the traits of a strategist. Not surprisingly, these many facets are fairly contradictory. … Continue reading