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What strategy is (and what it isn’t):

StrategyDriven Strategic Planning Article |Strategic Planning|What strategy is (and what it isn’t):Strategy, Oh what a lofty word. High-minded. Mysterious even conjuring wizards behind the curtain. Military generals hidden in a secret bunker calling the shots. The simple word “strategy” can be added to just about anything to make it sound more important or thought-out, strategic relationship building is still just going to a cocktail party or out to lunch with a potential client.

Despite it’s overuse, strategy is still vitally important. Just the act of thinking about something, breaking it down and making a plan, is a thing of beauty in and of itself. Strategy is The Plan, the 360 view. It’s how all the pieces fit together, and what will hopefully result from our actions or reactions.

It turns out a lot of people have a lot to say about strategy. Every conflict ever known has figured in some kind of attack or reaction. Survival depends on it. And so does ours.

Sir Lawrence Freedman of Oxford University is one of the world’s preeminent international scholars on politics and war. His 2013 book, Strategy: A History, which took 40 years to write, is the best book ever written outlining the entire history of the development of strategy.

Freedman writes, “So the realm of strategy is one of bargaining and persuasion as well as threats and pressure, psychological as well as physical effects, and words as well as deeds. This is why strategy is the central political art. It is about getting more out of a situation than the starting balance of power would suggest. It is the art of creating power (emphasis added).”

When a client or manager or CEO asks, What are we doing here folks? we are the ones who’d better have an answer, and preferable a well-crafted document.

One of the most well recognized books on strategy is from the British military historian B.H. Liddell Hart. In his book, Strategy, he defined the concept in the very literal sense as “the art of distributing and applying military means to fulfill the ends of policy,” distinguishing strategy from, on one side, “tactics” — the modes of “actual fighting” on the battlefield — and on the other, “grand strategy,” in which civilian leaders set high-level policy and coordinate the nation’s resources toward a collective goal.

There is a temptation to confuse a vision or policy with a strategy, but they are not the same thing. Policies address the “what.” They’re prescriptions for the way things might operate in an ideal world. Strategy is about the “how.” How do you move toward a desired end, despite limited means and huge obstacles? A policy may have an implementation strategy behind it.

Strategy is often associated with high-level decision makers — generals, presidents, corporate titans — but the basic challenge of, in Theodore Roosevelt’s words, doing “what you can, with what you have, where you are” applies just as much when working from the bottom up.

Saul Alinsky, a hero of the labor movement and a patron saint of union organizers, made the claim that strategy is agnostic about who is currently in power. In his book, Rules for Radicals, he wondered how to use these same concepts of high strategy to wrest power from the oligarchs and tycoons and give it to the people. Alinsky believed the right strategy would allow anyone to wield power.

There are different interpretations of strategy. Beverly Gage is a history professor at Yale University, where she just resigned in a furor from the Brady-Johnson Program in Grand Strategy because of donor pressure over the curriculum. She writes, “The original concept of strategy comes from the world of military affairs. It derives from a Greek word meaning ‘generalship’ or ‘the office or command of a general’: it was an enterprise for the man in charge.”

Any strategic challenge in our daily life, both personal and professional, requires contending with limits and obstacles: scarce resources, structural constraints, devoted enemies and fickle allies, chance, and luck. The plan is a thoughtful prediction.

My belief is simple, strategy is all about creating something greater than it’s parts. Something bigger than yourself with the limited resources of Time, Money and People.

Don’t just leave the strategy to others. If you see a better path forward, outline the strategy and lay it out there. Sure it’s risky, but it’s better than nothing. You just might find yourself a wizard behind the curtain.


About the Author

Matthew L. Moseley is the president and founder of the Ignition Strategy Group and the author of Ignition: Superior Communication Strategies to Create Stronger Connections by Routledge publishing. He is a world record adventure swimmer and lives in Boulder, Colorado.

How to Grow Your Strategic Mindset

StrategyDriven Strategic Planning Article | How to Grow Your Strategic Mindset“It just completely caught us off guard.”

That’s a statement you never want to hear as a business leader. But today’s VUCA (volatile, uncertain, complex, ambiguous) world makes it incredibly difficult to plan and predict the future. At the same time, we’re all under pressure to move faster and get more done. So while thinking – and strategic thinking, in particular – is a key leadership responsibility, it often gets pushed aside in the midst of the day-to-day challenges of running the business.

In fact, there’s almost a universal resistance to long-term thinking in many organizations because we’re so focused on today’s problems: Are we making our numbers? Did the products get shipped? Did we resolve the customer issue?

The problem is, when you’re not thinking strategically, not only is it hard to see what’s coming, it’s hard to know where you are. A leader I spoke to recently put it this way: “When I’m mired in the swamp, it’s hard to see anything, much less the future.”[wcm_restrict]

Get Outside Your Thinking Confines

Hockey great Wayne Gretsky once said, “A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.”

Similarly, a strategic approach preempts problems and seeks out opportunities before they become obvious to the entire industry. Some think you need a crystal ball to ‘see around corners’ and plan for the future – not true! But you will need to think ahead to where you want to be, imagine the possibilities, and possibly even disrupt today’s business to get there.

Ultimately, being strategic is a process that requires all of your thinking resources:

  • Analytical: Evaluating key business indicators
  • Tactical: Moving the pieces to get where you want to go
  • Interpersonal: Getting and keeping the right people
  • Visionary: Looking at the big picture and taking risks

Although we each prefer certain kinds of thinking over others, we all have the ability to stretch outside our thinking comfort zones. In other words, seeing around corners is within your reach – you just need to exercise your strategic mindset.

Your thinking preferences will act as filters that create ‘blind spots,’ though, so start by stimulating new thinking around the key elements of your business. Try some of these activities to promote a strategic mindset:

  • Disarm your brain by looking for situations outside your world view and talking to people with different backgrounds. Explore different industries and businesses. What can you learn from trends that impact them?
  • Read books, blogs or magazine articles on topics that may affect your business in the future (but not necessarily today).
  • Use metaphors to shift your mindset. Ask yourself, “How is this situation like…” and see where the possibilities take you.
  • Play strategy games like chess to practice thinking several moves ahead.
  • Remove self-imposed limits, even just for a moment, to discover new options.
  • Visualize where you will be in the future, then work backwards to determine how you ‘got there.’
  • Use storytelling to build different scenarios about the future so you can imagine what the implications might be.

While strategic thinking used to be considered a planning process relegated to those in the executive suite only, it is now, more than ever, a critical part of day-to-day decision making, precisely because the environment keeps changing all the time. To avoid getting caught off guard, make it a priority to expand your strategic mindset.

Watch this video for additional tips on becoming a strategic thinker…

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About the Author

Ann Herrmann-Nehdi, CEO of Herrmann InternationalAnn Herrmann-Nehdi is CEO of Herrmann International, the originators and trailblazers of Whole Brain® Thinking and the Herrmann Brain Dominance Instrument® (HBDI®). A thought leader in her field, Ann has worked with many hundreds of organizations around the world of all sizes and industries, helping them increase their thinking agility to improve profitability, leadership, productivity, innovation and overall business results. She is an AthenaOnline management expert and a faculty member of the Institute of Management Studies.

20 Interesting Behaviors of Strategy Tourist

Let me start by reassuring you: the chances that you are a strategy tourist are close to zero.

But I’m sure you do know a strategy tourist.

Most likely you know plenty of them, since strategy tourists – those individuals who lack the motivation, skills and knowledge to turn a strategy into performance – can be found in abundance in most organizations. They are easily recognizable by the following characteristics:[wcm_restrict]

  • They love big words to make themselves sound more important.
  • Their power drive is much larger than their achievements drive.
  • They use expensive consultants for everything they do.
  • They like to restart a new strategy exercise every year.
  • And yes, they are somewhat lazy.

I call the opposite of a strategy tourist a Strategy Execution hero. An individual dedicated to performance and to getting things done. You can find them in all disciplines but they do share the same competences, traits and beliefs. I’m sure you also know some.

And an organization needs more heroes and fewer tourists, won’t you agree? I believe the behavior of strategy tourists offer us a very useful career guide. They show us how not behave. So take advantage of all the strategy tourists you know and develop opposite behavior.

THE STRATEGY TOURIST: 20 BEHAVIORS

  1. In all things, focus on yourself first. You are more important than the organization you work for.
  2. Create diversions when things get difficult. How? Get a consultant on board, preferable a firm with a good reputation, and launch a new strategy.
  3. If things still don’t improve, blame it on the consultant.
  4. Develop your power play skills and use them as often as you can.
  5. Surround yourself with people less smart than yourself.
  6. Don’t support hero promotions. High-quality people can make your life miserable when they get into key jobs.
  7. Change jobs regularly to outrun major execution challenges.
  8. Once you arrive in your new job, tell everyone how bad you predecessor did and start from zero (preferably with a consultant). This buys you at least a year.
  9. Focus obsessively on the short run. Go for quick wins that put you in the spotlight. Define long term ‘something we can focus on once the basics are in place.’ This buys you another year.
  10. Create walls between departments. Promote ‘Us against Them.’ It creates a great diversion from the real issues.
  11. Keep crucial knowledge close to you. Avoid sharing or, if you have no other option, do share and tell everyone how important knowledge diffusion is. At least you get some benefit.
  12. Compromise over the important company issues, but dig in and fight forever over smaller topics that are important for you and your career.
  13. Learn to identify other tourists and bond as hard as you can. Long lunches are ideal: they are effective and enjoyable.
  14. Inflate budgets. This gives you enough money to fund you pet projects or cut costs without any effort when you are forced to do so.
  15. Fervishly promote work-life balance. It’s a popular topic and it gives you a legitimate reason to go to the golf course when the sun is shining or quit at 5 PM.
  16. Take lots of time to promote yourself and actively campaign for a better job.
  17. Blame the market, other departments or poor IT-systems for the fact that you are not taking brave, independent action.
  18. Always take credit for the work your team did. Never take the blame.
  19. Try to join as many steering committees as possible, but avoid taking on responsibility as a sponsor or project manager.
  20. When a difficult problem shows up, turn it into a project and delegate this to an eager hero in another department. Call it a learning experience or talent exchange. When the project is finished, make sure the person gets a promotion to a job far away from your territory. They might know too much.

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About the Author

Jeroen De Flander helps you to improve your strategy execution skills in his new book, The Execution Shortcut. He is one of the world’s most influential thinkers on strategy execution and a highly regarded keynote speaker. He has shared the stage with prominent strategists like Michael Porter and reached out to 21,000+ leaders in 30+ countries. His first book Strategy Execution Heroes reached the Amazon bestseller list in 5 countries and was nominated for Management Book of the Year 2012 in the Netherlands.

Strategy – Understanding the Art of War

In business we all have a secret weapon. Strategy is quite possibly the strongest resource in your business arsenal. Regardless of which area strategy refers to – whether it be “communication”, “brand planning” or “sales” – without a clear-cut strategy, you will more than likely not succeed to the level that you expect.

Yes, strategy requires many hours of well-spent time researching the landscape in which you may find yourself. This implies understanding your product or service inside and out; your competitors – a SWOT analysis at this point is masterfully useful – and also defining a clear path to that which you hope to achieve.

It has been proven that those who have a clear vision for their goals achieve them nine times out of ten, whereas those without a vision only hit the mark half the time.

Defining the Vision
The “vision” quite simply put, is that which initially drove and inspired you to take the plunge and launch your idea.

There is no need to put the vision together in detail at this initial stage; bulleted lists will more than suffice. Fill out the details once you are comfortable with the general overview of your vision. This will assist you as well as any other potential investors or partners to understand your own goals coherently. It will also allow for you to plan carefully around the existing landscape.

It is important to stay focussed on your idea and vision throughout the initial life cycle no matter how difficult this may be. New ideas will arise as you put thought into practice. Some of these ideas may be feasible, but others might lead you astray. It is important that when such distractions come into play you are ready for them. Understand them for what they are and know how to deal with them. Some find it helpful to employ the services of specialist consultants to steer them through the clutter of these initial steps.

In Japanese philosophy there is a word that captures this phase of constant vigilance, “Zanchin”.

Awareness, determination and perseverance lead to success.

The Art of War
In a competitive landscape with few refreshing new ideas many businesses find themselves at war with one another. That is the true definition of the word “strategy” after all – “the art of war”.

A well known writer by the name of Sun Tzu wrote a book on this principle which is easily adaptable to any situation in which you might find yourself. We are all warriors in the greater scheme of life, fighting to keep our entities afloat and successful.

“People should not be unfamiliar with strategy, those who understand it will survive, Those who do not understand it will perish.” From Sun Tzu’s The Art of War.

Five Elements of Strategic Planning
In his book, Sun Tzu outlines the five elements of strategic planning as he sees them. These elements are;

  1. The Mission – Your vision: the business, the people, the clients and your role.
  2. The Climate – Creating the opportunity. The timing and trends that provide you with opportunity.
  3. The Ground – The area of your business where you choose to compete.
  4. The Leadership – Great leaders inspire followers. Ensure that your leadership style buys into your vision.
  5. The Methods – The way in which you choose to run your business, a mastery of certain skills and processes.

“Until we equal or exceed our opponent’s score in these five elements, we do not challenge or begin our venture or even respond to our opponent.” From Sun Tzu’s The Art of War.

Sun Tzu further explains that it is from here that we advance our position by understanding the five elements of strategic planning. It is the foundation from which we know our strengths and set our goals and vision to overcome our opponent. This is a way to secure success in the challenge before it has commenced.

Leverage Thought Leaders
We are very fortunate that the Internet has made it possible to find and follow the strategies and philosophies of many great thought leaders from around the world.

Although we are not able to speak to Sun Tzu directly, there are many great leaders that have adopted his principles and have built successful empires in the modern world. Google and Nokia are amongst these.

There are many websites that specialise in putting you in touch with the right people in this modern age. Some are so well connected that they are able to bring you a handful of those people and get you guaranteed one-to-one sessions with such gurus of industry.

When it comes to strategy in a competitive landscape, two heads are better than one. Ensure that you follow the basic principles to set the foundation and where possible leverage from the experience of those that have gone before you to build successful business strategies.

Article Source
http://www.bestmanagementarticles.com
http://strategic-management.bestmanagementarticles.com


About the Author

Shoulders of Giants is an online business resource, showcasing the top business thinkers in various business related topics, such as strategy. These topics are discussed by renowned thought leaders and business gurus such as Mark Earls.

Strategic Analysis Best Practice 8 – Validate the Extremes

Performance studies of today’s intricate, technology-driven organizations and the fast paced business environments in which they operate yield unprecedented amounts of data. Analysts often employ complex algorithms and visual models to synthesize and process this data into meaningful information organization leaders use to formulate their company’s direction.[wcm_restrict plans=”40685, 25542, 25653″]

Mathematical modeling, however, can sometimes provide analysts with misleading information. Because they seek to characterize performance while accounting for a broad range of unique circumstances, models and other forms of statistical analysis often assume a normal results distribution and subsequently rely on average values. This reliance on averages, in turn, may mute an impactful occurrence at the extreme of the performance range. Thus, it becomes important for analysts to validate performance extremes.

An Example:

Consider the following example. A customer survey is performed to assess the quality of a company’s product. Twenty-five customers are asked to rate the product’s quality during the first three months of ownership on a scale of 1 to 5, 1 being unacceptable and 5 being excellent. Figure 1, Survey Results Sample Data, graphically illustrates the feedback received.

Because the product is considered to be a price-leader within its category, a minimum initial quality rating of 3.5 was desired. The actual quality rating received, reported as an average, was 3.6; satisfying this goal. However, examination of the extremes using a simple bar chart reveals that twenty percent of all survey participants gave the product a 1 or unacceptable rating. This significant number of low quality ratings warrants further investigation by analysts and, most likely, the attention of and corrective action by company leaders.

Final Thoughts…

Validating the extremes occurs not only at the edges of the data range, but also includes validation of background assumptions and unexpected results.

It is equally important to remember that validating the extremes is not limited to simply identifying conditions that warrant further investigation. Validating this data implies that analysts will probe deeper to identify why these anomalies exist so to provide leaders with the information they need to make actionable decisions; even if the decision is to take no action.

Validation of the extremes is also a best practice defense against the adage of “if it sounds too good to be true, it probably is.” Regardless of the circumstances, analysts should review their model and statistic-driven findings for:

  • omissions and anomalies
  • unpredictable results as the end of data ranges
  • reasonableness and consistency with known realities

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