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From strategy+business: What is a business strategy? In the first installment of a new monthly s+b column, Booz & Company senior partner Ken Favaro shows why strategy is different from vision, mission, goals, priorities, and plans.
From Marty Neumeier at Liquid Agency: In a survey by Liquid Agency (formerly Neutron) and Stanford University, 1500 business leaders were asked to rank their top ten biggest problems. Their number-one problem? “Balancing long-term goals with short-term demands.” In large corporations, the phrase “short-term demands” is code for “shareholder demands.”
From strategy+business: Business strategy is at an evolutionary crossroads. It’s time to resolve the long-standing tension between the inherent identity of your organization and the fleeting nature of your competitive advantage.
From strategy+business: In times of great uncertainty, strategic planning must shift from a bureaucratic, linear process to a more targeted approach that is both analytic and creative.
From Rosabeth Moss Kanter: Apple, Facebook, Twitter, IBM, PepsiCo, P&G, Stonyfield Farm, entrepreneurs, philanthropists, and former British politicians provided me with occasions for pointing to business strategy and leadership lessons, good and bad, that shouldn’t be forgotten. Here are my top five lessons from last year’s blogs that can be carried confidently into the new year.
From ChangeThis: “As a serial entrepreneur who has personally launched over 40 businesses, and as a consultant and coach to hundreds of business leaders, I’ve come to realize that the ‘growth code’ is out there, in plain view for anyone who knows where to look. There is indeed a code, a pattern, a DNA if you will, to achieving predictable success. The difficulty is that because most business leaders work in a limited number of business environments during their career, they don’t have the opportunity to see the pattern recur often enough to successfully decode it.”
From strategy+business: Enterprise architecture can eliminate the space between an organization’s technology and its business model. Companies using this discipline can successfully resolve the differences between technical specialists and non-technical management and add value by using technology to support business goals and measure the value added.