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Newsletter - December 2011

Do we need to re-write all management literature? - I have now worked 16 years with software systems for Strategy Management/ Performance Management. In my earlier days I worked as a practitioner, but in the last 11 years my role has been that of a CEO of a software company developing Strategy Management solution

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Newsletter - November 2011

Don’t just keep running faster – rather stop and ask 7 important questions - Have you sometimes been told that you need to be more productive? You need to work harder? You need to be more efficient?

Most people, when they hear these words, think that they need to speed up their work. “The management thinks we are too slow.”

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Newsletter - October 2011

Software systems for Strategy Management – an art  - I have now worked 16 years with software systems for Strategy Management/ Performance Management. In my earlier days I worked as a practitioner, but in the last 11 years my role has been that of a CEO of a software company developing Strategy Management solution.

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Newsletter - September 2011

Performance Management System – For Reward or Punishment ?  - Many companies are using their performance management system to control and punish people/ divisions which do not meet their set targets.

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Newsletter - August 2011

Money Iceberg - how much of your potential gets realized  - Many times in the past years, I have been asked the question - "What is the derivable value from successfully executing strategy?" We know there is potentially a huge value from successfully implementing strategy, but only recently I came across research data that quantifies this value.

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Newsletter - July 2011

Strategic Objectives – The real Kings & Queens of a Scorecard Project  - I have seen how many companies start with ‘data’ as their Holy Grail. “What is the data we have that can give us information?”  This is an important question but not the most important question you can raise.

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Newsletter - June 2011

Strategy Elevator  - I have visited several companies in the past and many of them have asked me about how to make their performance management system one that reflects strategy. They all wanted to go from a KPI / operational focus, to a more strategic focus and asked for help.

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Newsletter - May 2011

Milestone party!  - I don't know if you have tried to run on a treadmill. It can be quite scary. There are Youtube video's that demonstrate how not to do it. But that is not my point. Let's say you are asked to run a half marathon on the treadmill.21 kilometers is a long distance you might say, and it is for me too.

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Newsletter - April 2011

We don't care about what the plan says!   - Research indicates that 60% of corporations don’t link resource allocation (budgets) to their Strategic Plan. I am wondering how companies manage to execute strategy when strategic planning and resource allocation processes are not linked. To me it looks like the company is on "auto pilot" and does not respond to new strategic directions very well.

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Newsletter - March 2011

Every person's vision bucket leaks!   - I attended last year’s Global Leadership Summit. It was a great conference which gave me a lot of insights into management which can be practiced in my own company.

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Newsletter - January 2011

Why keep it a secret?   On my way to India I watched a movie called "The social network". It was a movie on how Facebook was invented. I was inspired by one of the founders - Mark Zuckerburg and his dedication to develop the technical and content side of Facebook.

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Newsletter - December 2010

Target Dictatorship  I have seen many different ways in which organizations go about Target setting. One company I visited had a target of implementing the Balanced Scorecard within two weeks of the announcement. They got just two weeks of notice - and the CEO expected this to happen? I advised them to go back to the CEO and tell him that this is not doable, but they refused. "A target which is dictated has to be delivered".

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Newsletter - November 2010

Rythm of business  I don't know what type of business you are in but from a Strategy Execution methodology perspective, it matters. When I read management literature I find good generic models for forming and executing strategy. And, they all apply the same way for every type of businesses. Whether you are a convenient store or you are a software company.

 

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Newsletter - October 2010

Live strong - living up to the strategy  - Are your employees living up to the strategy of the company? If not - they are not alone. Only 5% of employees understand the company’s strategy and hence,  they are not able to live up to the strategy.

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Newsletter - September 2010

The Business Guillotine - Only brave people can set ambitious targets  - How is it in your company? Are your heads chopped off if you set ambitious targets and don’t reach them?  If your company’s performance culture is characterized by "head chopping," you will most likely have experienced how people do not take the trouble of establishing demanding targets.

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Newsletter - August 2010

Plans cast in stone - When is your budget outdated? The day you write it. I have worked with creating budgets in large corporations and was amazed that we still adhered to the old way of allocating resources. Luckily there are individuals and companies that have examined this under a magnifying glass and have changed the way they allocate resources.

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Newsletter - June 2010

Cost management & the Balanced Scorecard  - In the classic film, Sunset Boulevard, Gloria Swanson portrays a long-forgotten silent movie goddess who has been unable to make the transition to "talkies."...

  •  We are at war - time to change!
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Newsletter - May 2010

Training for Balanced Scorecard Success  - Well known Management guru Tom Peters is known for his "pull no punches" style and simple, practical advice. Here is his not so subtle message...

  •  The annual budgeting process - the "ritual rain dance"
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Newsletter - April 2010

Yes Mom, Rock Stars Can Teach You Something  - During Scorecard consulting engagements one of the greatest challenges I see my clients struggling with is their desire to find the 'perfect' measure...

  •  Creating arenas for employees to connect to strategy
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Newsletter - March 2010

Be Careful What You Cut  - Cost cutting and job reduction programs have always been popular in downturns, but they have taken on increased prominence during this most recent and extremely severe recession.

  •  Do we need Software? Can you trust Management Consultant’s advice?
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