Strategy

Leadership, Learning & Development, Strategy

Linking Leadership Development to Business Strategy: How it Boosts Performance, Engagement, and Talent Management

Developing effective leaders is a critical component of any successful organization. But simply training individuals in leadership skills is not enough. For maximum impact, executive and leadership development programs must be closely linked to an organization’s business strategy. Thereby, capability building boosts business performance, increases individual engagement, and pays into talent management. Improved performance Organizations […]

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Leadership, Learning & Development, Strategy

3+1 Essential Success Skills Every Business Leader Should Master

Leading a business can be an exciting and overwhelming experience. To create a thriving business and build a fulfilling life, there are some critical skills and insights that every entrepreneur and business leader should develop: business strategy, pricing, sustainability, and certain elements of leadership. Business strategy is crucial for every business, regardless of their industry

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Board of Directors, Governance, Strategy

So, you want to become a board director. Do you have what it takes?

Serving as a board director for a for-profit SME is a significant responsibility. It requires a combination of knowledge, expertise, and experience. Board directors are responsible for overseeing the company’s strategic direction, financial performance, risk management, and other key areas, and play an essential role in ensuring the company’s long-term success. If you’re considering pursuing

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Board of Directors, Planning, Strategy

Why ‘Strategic Planning’ is a Flawed Concept that Doesn’t Serve your Business

The term ‘strategic planning’ has become ubiquitous in modern business parlance, but the truth is that the two words represent fundamentally different concepts. In fact, it is precisely because they are so different that it makes little sense to combine them into a single term. First, let’s define our terms. Strategy refers to the overarching

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Governance, Leadership, Strategy

5 Telltale Signs Your Business Needs a Board of Directors – Even if it’s Not Required by Law

As a business owner, you’re always looking for ways to make your business better, stronger, and more successful. One important step in this journey is to consider forming a board of directors. This group of trusted advisors can provide valuable guidance and help your business navigate the challenges that come with growth and complexity. But

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Governance, Leadership, Strategy

The Danger of CEO/Chairs: Why Companies Should Separate These Key Roles

Proponents of separating the CEO and Board Chair roles argue that enterprise companies need strong governance to effectively manage risk and make informed decisions.  An independent Board Chair can provide critical oversight and guidance to the CEO, helping to ensure that the company remains on track. The Board of Directors operates on a longer-term horizon,

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Finance, Leadership, Strategy

Maximizing Financial Success in Crisis: The Benefits of Investing in a Business Strategy

Small and medium-sized enterprises (SMEs) are particularly vulnerable to financial challenges during times of crisis. To weather these storms and come out on top, SMEs must invest in a comprehensive business strategy. In this article, we will explore the financial benefits of investing in a business strategy during times of crisis and how SMEs can

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Emotions, Empowerment, Leadership, Strategy

The Emotional Benefits of a Clear Business Strategy – for Leaders and Entrepreneurs

Having a clearly defined business strategy is not only beneficial for the growth and success of the company – but also for your own emotional well-being as a leader and entrepreneur. A defined strategy provides a sense of direction, purpose, and motivation, leading to a range of emotional benefits. After working with corporate leaders and

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Emotions, Empowerment, Strategy

Emotions in Business: How to Turn Fear into Success with a Clear Strategy

Being responsible for a business can be a whirlwind of emotions, from the excitement of a new opportunity to the fear of not being able to generate enough revenue to sustain your business. It is important to learn how to manage these emotions effectively, rather than letting them control your actions and decisions. Having a

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Emotions, Leadership, Strategy

Strategize with Heart: The Role of Emotions in Designing Business Strategy

When it comes to business strategy, people tend to think of numbers, data, and logical decision-making. But what many don’t realize is that emotions play just as important a role in the success of a business as any spreadsheet or financial report. In fact, ignoring the emotional aspect of business strategy can be a costly

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Strategy

The Four steps to Intentionally Creating Success

The Four steps to Intentionally Creating Success – Nearly half of new businesses fail within the first 5 years

And one of the top reasons? No plan. Running a business without a plan is like trying to travel to a new place without a compass, a map or GPS. As a result, you can get off track very quickly, and mess up dreams, your business, your personal finances.

To avoid all this, and to turn my own dreams into reality I run every opportunity, idea, or tactic that comes my way through a simple process. I use it in my own business (and help my clients do the same) to determine whether it’s a direction worth pursuing. It saves you months of agonizing and headaches.

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Strategy

How Fear and Complacency Stand in the Way of Your Strategy

How Fear and Complacency Stand in the Way of Your Strategy

By Alex Brueckmann

A friend recently told me how much he enjoyed riding the ancient tractor they use in his family’s forest: “There are so many moving parts, all running flat out all the time, and you have to be really careful shifting it up a gear so things line up perfectly, but you’re off to the races once it’s in gear!”. That’s what your business might feel like as well: while still producing the result you want, it might feel a bit rusty, slightly dated in how it functions, not quite what you need anymore.

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Strategy

The Business of Habits

The Business of Habits
By Alex Brueckmann

Habits are something mighty. So mighty they can destroy you: drinking, smoking, doing drugs, eating junk food. Other habits are less dangerous but harmful nonetheless: excessive social media consumption, binge watching your favorite streaming site, not getting enough sleep. Then there are healthy habits – they make us happy and can even help us become champions: physical exercise, playing an instrument, spending quality time with your spouse, kids, family, friends.

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Strategy

Let’s unbuzz the buzzword Strategy

Let’s unbuzz the buzzword “Strategy”
What Strategy is, and what it is not:
If you asked five of your colleagues what ‘strategy’ is, the odds are that you will receive six different answers. They might range from “a plan of how we create value” or “our priorities for the next few years” to “our approach to winning against our competitors” and “a framework against which we make decisions”. There is nothing wrong with these answers; and as a matter of fact, if you research business literature for a definition of the term strategy, I am pretty sure that you will find suggestions that match those ideas to a large degree. So, which definition is the most accurate? Who’s right?

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