The Advantage

STRATEGY

Is Your One-Phrase Strategy Current?

I have written about this topic in the past. And your one phrase strategy is as important as ever in the midst of the economic ramifications of COVID-19. Is your one phrase strategy powerful and leading your efforts to recover, grow or pivot? This is a good focus for you next quarterly planning session. All…

LEADERSHIP

A Time To Lead

COVID-19 virus and our economy.  Uncharted territory – YES.  But these are NOT unprecedented times from a business perspective. Think of other events that forced businesses to change or die: the Internet, Video Streaming, Starbucks, and Uber.  In these cases companies had to change their business model to thrive. I am observing many leaders thinking…

STRATEGY

Six Common Signs of a Winning Strategy

As we move into 2020 you are probably creating and/or reviewing your strategy for the upcoming year. I have written extensively in the past on strategy and what it is and is not. In December I wrote about Six Common Strategy Traps.  Now I want to discuss the opposite focus – signs of a winning…

STRATEGY

Six Common Strategy Traps

As we move into 2020 you are probably creating and/or reviewing your strategy for the upcoming year. I have written extensively in the past on strategy and what it is and is not. Strategy is all about the competitive advantage you are able to sustain over time. Patrick Lencioni (author of The Advantage) states that…

STRATEGY

The Power of Your One-Phrase Strategy

If you can’t state your strategy in a sentence, you don’t have one! Many companies think they have a strategy, but usually what they have done is focus on steps, goals, and objectives or issues owners and leadership teams often think about. To have an effective sustainable strategy, let’s be clear on what strategy is…