We are very excited to announce our first Strategy for Nonprofits workshop occurring Tuesday, August 20, 2019 in Madison, WI. Our objective for the day is that every organization represented walks out at the end of the day with a strategy that helps them achieve their goals. For more information or to schedule a workshop […]
You can read about the 8 Benefits of ThinkWay’s leading collaborative strategy development methodology here. Now, on top of those benefits, here are the 8 benefits of the exclusive ThinkPoints® web app for focusing, aligning, and tracking execution in your organization. Captures and preserves all input from ThinkWay’s leading collaborative strategy development methodology Identifies execution […]
Today, ThinkWay fielded a strategy research survey. We are hoping to uncover the current understanding and practice of strategy across many businesses, industries, nonprofits, educational institutions, and churches. If you could, we would appreciate your participation in this survey too. Please click on the link below. [Strategy Research Survey] The survey is for businesses of […]
The Iceberg of Ignorance was published way back in 1989 by Sidney Yoshida. It contended that front line workers know 100% of the problems, supervisors 74%, middle managers 9%, and executives a measly 4%. Thus, it was popularized that executives were only aware of the “tip of the iceberg” when it came to problems in […]
Check out this video of Bob Taylor from Taylor Guitars. Seems like a great message of stewarding our precious natural resources.
If you want internal innovation, know this: that old approach of using suggestion boxes doesn’t work. People might provide some ideas, fewer even worth pursuing, but nothing gets done and the suggestion box ends up breeding cynicism. That’s not how Millennials work anyway. And decreeing from on high that everyone needs to be more innovative […]
The iceberg of ignorance was first published in 1989 by consultant Sydney Yoshida. (I wrote about it here.) It led to the popular notion that front line workers knew 100% of the problems, supervisors were aware of 74%, middle managers were aware of 9% and senior executives were only aware of 4% of the problems. […]
“It’s not necessary to change. Survival is not mandatory.” – W.E. Deming The importance of innovation to business success continues to grow rapidly. In a survey of U.S. executives, 84% said their strategy is “very dependent” or “extremely dependent” on innovation for long term success; up from 67% just 3 years prior. And it’s not […]
Although there are success stories to be found, numerous articles in the past year alone continue to highlight the high failure rate of continuous improvement initiatives like lean, six sigma, agile, and the like (70%). But here are three things continuous improvement leaders could leverage for better outcomes. Learn and leverage the “natural strategy” approach. […]
“If you want something new, you have to stop doing something old.” – Peter F. Drucker The leadership of any business cannot possibly know the ins and outs of every task, every job, every process in the organization. Yet, when it comes time to change, reinvent or restructure even part of the organization, leaders often […]