Strategy and Planning: What’s the difference between strategy and planning? Knowing the answer to this can make all the difference in executing on your strategy. Here is my take on the distinctions between the two: Strategy: The art of designing several possible responses to opportunities and threats in your chosen markets. These responses take into account the relative […]
Strategic Planning never did fully get off the ground. Which is not surprising, since “strategy” and “planning” are oxymoronic. Let me explain this by way of illustration… A Virgin Strategy Sir Richard Branson, the renowned leader of the Virgin empire, tells the story of when he decided to create Virgin Airlines…not a small strategic step […]
As a leader, you have a responsibility to provide direction, to “point the way”. You do this through creating a shared vision of the future. You can’t delegate this task. While you can, and must, collaborate with others in building a shared vision, you can’t walk away from your primary responsibility to create that vision. You have to own it.
In this this series of short interviews, Harvard Business Review asks prominent leadership experts to describe the role of tomorrow’s leaders. Once again, the experts all have differing opinions. My take on this is that trying to predict the role of tomorrow’s leaders is a rather subjective endeavor. My advice is to stick with the […]
In this series of short interviews, Harvard Business Review asks nine leadership experts what is the single most important leadership skill a leader will need in the future. The experts all vary in their responses. I have my own views, and right now amongst my top five leadership attributes the one that stands out is […]