Why Does a Middle Market Company Need an Advisory Board?

For the leaders of middle market companies, it can be lonely at the top. They are often surrounded by long-term employees who have helped them achieve middle market status. These employees, while very talented provide filtered input to the CEO or Founder and in many cases can only provide advice based on what they learned inside the company. As a result, …Read More

Strategic planning has become more crucial than ever due to the complex nature of business, regulation and geopolitical considerations. Companies of all sizes should recognize the need for expert guidance to navigate complex challenges and take advantage of opportunities that exist in their marketplace. Using …Read More

Market Effectiveness™ is about how well you service your marketplace and your customers. It includes how you create products and services, how you market, sell and service them and how you manage the product revenue lifecycle. Planning, measuring, and managing market effectiveness is …Read More

Staying competitive and relevant are two key issues on the minds of senior leaders and boards of directors. The rapid evolution of technology plays a pivotal role in addressing these two issues. To successfully navigate the digital landscape, leadership teams turn to digital technology consulting firms like Group50^® Consulting. They do so to …Read More

Market Effectiveness, a term used by Group50® Consulting, defines the business processes associated with serving customers. In every business, managing and optimizing these processes are critical to success. Manufacturing and distribution companies are especially challenged because there are many channels of distribution they must be effective at: Direct to Consumer (D2C), Bricks & Mortar and Business to Business (B2B). This article outlines …Read More

In the spirit of Thanksgiving, I am grateful to Dave Bookbinder for having me on his podcast: “Behind the Numbers” to discuss my book, but more importantly to discuss a simple approach to developing and implementing business strategy, which has yielded great results in dozens of companies over the last 10 years. Even if you have a strategic planning and implementation process …Read More

As leaders, we all know that good enough doesn’t cut it. But in today’s lean and remote organizations, teams tend to accept “Good Enough”, which checks the box so that they can move on to the next critical issue in the business. It is a potential trap that can lead to mediocrity and subpar performance.  It can create: …Read More

Introduction

Strategic planning is an essential process that organizations undertake to define their long-term goals, allocate resources effectively, and adapt to changing environments. As businesses and institutions navigate increasingly complex markets, most companies do not have the requisite skill sets to fully develop and implement a strategic plan.  This article provides a comprehensive guide to strategic planning, the role of strategic planning and management consultants and details their significance, responsibilities, skills required, and the strategic planning and execution process they follow.

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Productivity is down over the last two years and continuing to decline

• 66% of employees feel do not feel engaged.
• 80% of strategies don’t realize their intended value.
• 60% of CEO’s don’t believe their team does a good job of implementing strategy.

These are compelling numbers that all business leaders should take note of. These numbers are …Read More

Please join the west coast chapter of the International Association of Strategic Planners and I on the 19th of April where we will talk about how to apply the Business Hierarchy of Needs® framework to improve the results of developing and implementing strategy.

The presentation will be based on my recently published book: Strategy Realized – The Business Hierarchy of Needs®.