Strategy

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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Purpose, Strategy

Why your business strategy needs purpose – and why you need a solid strategy in the first place

I first got in touch with strategy as a discipline in business school and found the subject incredibly boring. It was taught with little corporate context and had no visible connection to my own life. To me, at that point in time, strategy was all about theoretical frameworks without connection to the outside world. However, early in my post-university career this perception changed rapidly – and I realized how conscious leadership and strategy are intertwined, and how both are essential ingredients to business success.

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