Why Numbers Are So Important in Strategy – And In Another Way Than You Think

Numbers are important in strategy. Tell me something new, you might say. But I don’t mean the kind of numbers that you probably think of. Of course financial numbers matter, as well as quantitative targets, scores on key performance indicators, and estimations of trends. Those numbers are all important. They help you specify what should…

Strategy Without a Strategy

Strategy is mostly seen as a process with a discrete start (an analysis, a new mission, a new CEO, an external event, and so on), a discrete duration (a strategy for 2020, a 3-year plan and so on), and a discrete ending (a written plan, a successfully executed strategy, reaching a particular goal or milestone,…

Two Key Reasons Why Participation in Strategy Works

At its heart, strategy is a people process. Even though the emphasis is often on the analytical side, at the end of the day it is people who drive the process, interpret how things are, come up with ideas for the future, and execute the strategy. Therefore, I (and also we, as New Strategy Group)…

What Is an Organization? The Ten Elements of Organizing

You have drafted your new and ambitious strategy. But now what? How to make sure it gets executed? Or, you know you have issues in your organization that need to be solved. But where to start? And what to pay attention to in the first place when trying to change your organization? These questions point…

How to Keep Your Strategy Up to Date

In a world that is constantly changing, a strategy cannot remain unchanged. It is therefore often suggested that today’s world is more dynamic and complex than ever and that strategy should therefore be adaptive, agile, flexible or any other term that is used to reflect change. As argued in an earlier post on agile strategy,…