Jack Welch

When it comes to strategy, ponder less and do more

During a keynote address at IIR’s Balanced Scorecard Forum, Robert Kaplan, a leading international business management guru, revealed “that less than 10% of formulated strategies are executed effectively” and an international survey indicated that consistently executing strategic objectives were in the top three concerns of CEO’s and corporate boards. Kaplan also added “that it is a well know fact that organizations who have a formal strategy execution process dramatically outperform the rest”. Effectively and consistently implementing corporate strategy requires all stakeholders to be aligned to those objectives, understand their role in achieving them and be accountable for effective implementation. If your company doesn’t have a formal process, then the hard work is figuring out what one looks like. A strategic execution process must (more…)

Vision is perhaps our greatest strength… it has kept us alive to the power and continuity of thought through the centuries, it makes us peer into the future and lends shape to the unknown

It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change

If you don’t know where you are going, you wind up someplace else<

I am convinced that nothing we do is more important than hiring and developing people. At the end of the day you bet on people, not on strategies.

Remind people that profit is the difference between revenue and expense

Its through curiosity and looking at opportunities….. There is always an opportunity to make a difference

Success is easy, but so is neglect