An old Japanese proverb states: “Vision without action is a day dream. Action without vision is a nightmare.” What is the main purpose of strategic planning? Textbook answer; Strategic planning is necessary to determine the direction of your organization. It focuses your efforts and ensures that everyone in the business is working towards a common […]
Strategy vs Operations
Strategy vs Execution Part 3
“Leaders have three fundamental responsibilities: They craft a vision, they build alignment, and they champion execution.” Anonymous. In my experience what gets companies into difficulty is when they forgot the alignment question in their strategic planning, operational execution and problem solving.
Strategy vs Execution Part 2
“All that matters on the chessboard is good moves” Bobby Fischer. Strategy drives day-to-day execution or is the other way around? If you can’t execute the strategy what good is it? Revenues down, where is the problem?
Strategy vs Execution Part I
Irish storytellers have a saying that goes like this: “Dreamers are happy building castles in the sky; realists are happy collecting the rent.” Personally, I haven’t seen company Leaders spending a significant portion of their time on developing creative visions and strategies for their company, they are all about the rent.