Blog

How To Get Strategic Clarity In One Step

It All Starts With Strategic Intent Imagine you have a large pile of Legos on a table and you and your team are going to build something together. What’s the first thing you should do?   You probably should agree on what you’re building.   The same goes for strategy. Before you start developing a […]

Donuts & A Simple Definition Of Strategy

Is strategy about choosing to be different? Is it being the low-cost provider in the market? What about competitive advantage? How about a framework for making decisions? Marketing? Acquisitions? Adapting? Agility?   Put “definition of strategy” in your search bar and you’ll get over 2.7 billion results. Read 1 billion of them and you’ll still […]

Strategy & Managing the Monkey

In the classic HBR article, Management Time: Who’s Got the Monkey, the authors say this: “Subordinate-imposed time begins the moment a monkey successfully leaps from the back of a subordinate to the back of his or her superior…” That happens all the time and most bosses LET it happen. They let their subordinates walk up […]

Saving Livelihoods: Using Strategy Sprints to Restart & Revive Business

The Time Is Now Many businesses are facing an existential threat. For some, It’s already too late. Economic advisors are warning the reboot needs to start now because all indications are that waiting too long will plummet the country into an unprecedented depression. The Need Is Urgent Leaders need to rethink many aspects of how […]

Sirens, Scylla, & Charybdis: Why Your Strategy Needs an Experienced Captain & Crew

In Greek mythology, ship captains had to safely pass the Sirens “whose sweet singing” lured sailors to their doom; Scylla, a devouring six-headed monster (the rock) on one side of a narrow passageway; and Charybdis, a swirling, un-navigable whirlpool (the hard place) on the other. Not much different than the challenges of leading a major […]

ThinkWay Services During the COVID-19 Crisis

ThinkWay Services During the Pandemic (Effective Immediately Until Further Notice) (Updated 04/15/2020) A few weeks ago we were all concerned. Now it’s real. The COVID-19 crisis has raised the level of uncertainty in our world to new heights and put most plans for 2020 on indefinite pause. Instead, health, safety and business continuity are at […]

Firefighting, Strategic Focus & The Brain – How to Overcome Distractions

It’s a common problem after developing a strategy. Execution begins with great zeal but in a short period of time, the higher priority strategic efforts begin to take a back seat to less important but more urgent daily matters. Firefighting is a similar problem. “Distractions” keep you from the important things you really want to […]

20_01_13 Strat and Brain

Success (or Failure) Without Strategy? There’s No Such Thing. Here’s Why.

(Look for this graphic for articles in our Strategy & The Brain series.)   But They Say The Don’t Have A Strategy… I’ve heard many speakers say it. They’re very successful and when they’re asked about their strategy to achieve it, they pause and say “we didn’t really have a strategy”. But of course then […]

iStock-1042346320

Small Businesses to Focus on Customer Diversification, Innovation, Brand Perceptions

Each year, First Business in Madison conducts an economic survey of clients and others in four regions: Greater Madison, Southeast Wisconsin, Northeast Wisconsin and the Kansas City Metro area. The majority are small businesses in manufacturing, professional services and retail. In 2020, these small businesses intend to focus on diversifying their customer base, creating an […]

19_06_27 top problems

The Case for Strategy Capabilities (Part 3)

(In Part One of the series The Case for Strategy Capabilities, we noted that strategy is arguably the most critical leadership capability in business, yet it is the most underdeveloped. In Part Two we discussed how a narrow view of the exclusivity of strategy capabilities leads to the number one issue with strategy: lack of alignment. Here in Part […]

Next Page »