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Strategy Realized – The Business Hierarchy of Needs® – Talent Optimization
  • Strategy Realized – The Business Hierarchy of Needs® – Talent Optimization

    These statistic from Boardview.io should cause pause to all senior leaders:

    80% of leaders feel their company is good at crafting strategy but only 44% at its implementation”

    To make matters worse, they also report:

    10% of organizations achieve at least two-thirds of their strategy objectives, with 36% achieving between 50%-67% and 54% achieving less than 50%

    I have no reason to doubt these statistics based on what we see in our consulting work. The primary reasons for this are: …Read More

    This entry was posted in Business Hierarchy of Needs®, Organizational Development, Strategic Planning 5.0, Strategy 5.0, Talent Management, on July 26, 2022
  • 8 Things You Need for Recession Planning – Making the Right Choices Now

    Whether we want to call this a recession or just unfortunate circumstances, I think that we can all agree that business is being disrupted yet again by external factors beyond management’s control.  Interest rates are up, sales are down and inflation is above 8%. Amazon, Tesla, Wells Fargo, Coinbase, Salesforce, Meta and Netflix are a few of the more well-known companies announcing layoffs.  Financial indicators …Read More

    This entry was posted in Cost Takeout, Global Initiatives, Strategic Planning 5.0, Supply Chain Optimization, on July 8, 2022
  • Video Explanation of the Business Hierarchy of Needs®

    90% of companies do a poor job executing their strategy 

    The Business Hierarchy of Needs® and and Strategy 5.0™ are part of Group50’s suite of strategic planning and execution tools.  In this 20 minute video, Jim Gitney, the Founder and CEO of Group50, summarizes how the Business Hierarchy of Needs®, a change management framework, can be used by Boards of Directors and senior leadership teams …Read More

    This entry was posted in Anti-Strategy, Business Hierarchy of Needs®, Strategic Execution 5.0 ™, Strategic Planning 5.0, Strategy 5.0, on April 18, 2022
  • Strategy 5.0™ – Where to Play, How To Win, Most Important Goal

    How many different strategic frameworks are there? Probably as many as there are consultants.  Most are difficult to explain to leadership, and they are impossible to explain to everyone else. While the development of a business strategy can be complex,  the focus of the the Group50® Strategy 5.0™ framework of Where to Play and How to Win provides a solution to this problem by keeping it simple: …Read More

    This entry was posted in Anti-Strategy, Business Hierarchy of Needs®, Strategic Execution 5.0 ™, Strategic Planning 5.0, Strategy 5.0, on March 27, 2022
  • Industry 5.0 – IoT and Blockchain – An Application Case Study – Flight Safety Parts

    A lot has happened since the creation of blockchain in 2009, including the great hype of 2014-2017, when hundreds of books were written and blockchain was continuously in the news – At that point, more of a fantasy than a practical business reality.  Over the last few years, blockchain systems have matured and are going mainstream with companies now accepting cryptocurrencies for payments, issuing fungible tokens for digital assets, and notable companies such as Maersk, IBM, Walmart, and others having implemented blockchain in their supply chains.  Just as the internet was in its infancy in the late 90’s, …Read More

    This entry was posted in Blockchain IoT, Business Transformation, Case Studies, Information Technology, Manufacturing and Distribution, Strategic Execution 5.0 ™, Strategic Planning 5.0, Strategy 5.0, Supply Chain Optimization, on January 28, 2022

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