Tag: strategic planning
Understanding Lead and Lag Indicators: A Comprehensive Guide for Business Owners
Measuring performance is crucial for success. However, not all metrics are created equal. Some tell us what’s already happened, while others give us a glimpse into the future. These are known as lag and lead indicators, respectively. In this post, I’ll explore these two types of indicators in depth, sharing examples and insights on how…
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It’s quiet in the office now. What should the focus be?
In a B2B or professional services context, especially during a quieter period like the week before Christmas, the focus can shift towards internal processes, strategic planning, and relationship building. Here are some thoughts for your business: Each of these activities makes productive use of quieter times and positions the company for a stronger start in…
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Ashridge on strategy
Going back to the 1970s, strategic planning was seen as being about linking opportunities to capabilities. Since then great progress has been made in developing strategy tools to examine both opportunities and capabilities. But, not much progress has been made on how to develop winning strategies. Most strategic planning processes are seen as analysis paralysis…
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