Posts tagged as:

strategy

Forget the Annual Budget, “Let it Roll”

05.25.2011

I’m always perplexed and frustrated by the annual budgeting process. The waste I see it creating, even from outside organizations, is incredibly large. People start planning things financially before they have any idea of what to do. People postpone things that they shouldn’t because it’s not yet in the budget, or spend money they shouldn’t [...]

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Lean Strategy: The Role of Competition

05.20.2011

Today we are beginning a new video series on the topic of strategy. I will be sharing these videos on Fridays. Why Fridays? I think the weekend is a great time to be thinking about strategy, because it allows us to step back from the business a bit and think, let our minds wonder, and [...]

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There is one plan, and we’re all working on it

03.14.2011

At 10 AM on Tuesday, we will talk about our improvement plans from our value stream mapping sessions. At 3 PM on Wednesday, we’ll meet on our latest strategic initiative. Thursday afternoon whenever we can find time, we’ll talk about the problems taken from our problem board. Friday morning there are some new ideas I’ve [...]

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Small-i ROI as Applied to Strategy

08.20.2010

Entrepreneurs and small business owners are all in search of a big return on their investment. How best to maximize my ROI? Many investing are looking for the big-R, the giant market. Where is there billions of dollars of opportunity? Surely, with billions on the table, we can grab a slice of it. There are [...]

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Setting Board Priorities

07.06.2010

GE’s Board of Directors from a couple of years ago. What should boards of directors be focused on? Strategy? People? Competition? There might be several choices that could receive votes that you could feel comfortable about. Would you feel comfortable knowing that the board’s top priority is keeping up with new regulation? That’s exactly what [...]

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For Startups, How Much Process Is Too Much?

03.26.2010

Eric Ries, author of the StartupLessonsLearned.com blog, has been speaking and writing about lean startups. His particular focus is on software startups, and perhaps even more focused on those that are web-based and broadly distributed products. However, his thoughts on how to use lean principles such as experimentation, structure, and rapid learning in a startup [...]

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To lean, or not to lean?

02.05.2010

Should you start lean in a difficult period such as this? But shouldn’t I wait things out? Shouldn’t I take it slow? Or keep my head down? No. I think this is a great time for companies to be focused on a lean journey. Here are my reasons. Companies will only do it because it’s [...]

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Successful Lean Steering Committees

12.21.2009

Do you have a group of people leading lean? Whether formal or informal, there is often such as group particularly early in the lean journey (meaning the first several years). I get a lot of questions by email, some by clients and others by readers. Many are two specific to the situation to share, but [...]

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If Washington Developed Your Strategy?

10.30.2009

What happens when your team gets together to discuss strategy? Do you make clear decisions? Earlier this week there was a great post blog post on Entrepreneur.com by Tim Berry. Tim is one of my favorite bloggers about entrepreneurship and startups. This post was titled 5 Simple Obvious Truths About Business Strategy. Simple? Yes. Obvious? [...]

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Working on the VERY BIG Problem

10.12.2009

Do you have a starting point for your strategic plans? A very short post today, but I wanted to capture some thoughts on a meeting I was in this weekend. It was the presentation of a long-term plan. When it came to the rationale for the strategic plan, it started with “what are the really [...]

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