Anyone who has read my blog will know that I’m sceptical about mission statements, and I’m not alone in that. Far from alone. In the search for something snappy and inspiring, the result is often a mission statement that is trite and which doesn’t characterise and differentiate the organisation. And those mission statements certainly don’t […]
A good business strategy means that you, and the people around you, are really clear about what you're trying to achieve, and how you're going to reach your goals. And if you're trying to build value in your business, it's likely that your business strategy is designed to make your company more competitive, more fun to work in, with people around you that will inspire and support you.
This a beautifully concise explanation of what’s needed in a business plan. It’s from Harvard Business Review. Business Plans Made Really Simple Some time ago, I published a booklet that has a similar theme, aiming to inspire people in writing their first successful business plan. You might like to check it out. ?
We’ve all heard the advice “If you can’t measure it, you can’t manage it”, and there’s a good deal of truth in that. In this article, I want to get you to think about what you can do when it isn’t possible to measure something. It’s why I’ve always advocated using metrics to monitor the […]
Investment decisions are difficult to make, because we’re inclined to ignore the obvious.
I want to bring to your attention ideas from elsewhere that I think are useful, without any filtering by me. Here’s the first, from Scott Belsky. He says: ‘In our careers and in our work, we can only get a few things right, so we need to choose what we focus on purposefully.’ – and I totally agree.
For many people, ‘strategy’ is too big and complicated a concept. Here’s a simple way to think about it.