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Category Archives for "Strategic Thinking"

Do you think competitive business strategy doesn’t apply to your non-profit? Think again.

Many – MANY times, when teaching Simplified Strategic Planning seminar, there will be attendees from non-profits.  Many of them enjoy the seminar, take the tools from the workbook, and use them productively.  Often they don’t think competitve business strategy applies to their non-profit and will comment that “this material is more suited to a business”. […]

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Technology and Labor Trends – Can this Combination Generate Opportunities for Your Business?

Technology and labor trends -Is your company seeing these trends? Many experienced workers are retiring from the workforce, often taking critical knowledge with them. Hiring difficulty: especially among the skilled trades. Well, your customers also face these trends – how can you help?  Can you design products/services that will help alleviate these issues for your […]

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What is Strategic Thinking?

As you may know from Simplified Strategic Planning, strategy is the course or direction of an enterprise.  In business, this revolves around three basic questions:  What do we sell? To whom do we sell it? How do we beat – or better yet, avoid – competition? Strategic thinking is a specific approach to thinking that […]

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Made the “Nifty Fifty” New Product List and Fought to Make a Dime – Lessons Learned in Protecting Intellectual Property and Partnerships

By Denise Harrison, Executive Vice President & COO Your new product makes the “nifty fifty” list of innovative new product introductions; you envision your picture on the cover of Fortune magazine; and then….you end up in legal battles and with little money.  Here are some lessons learned from one company as it tried to capitalize […]

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Watching Trends: Ebbs and Flows

Watching companies respond to massive changes in the current strategic environment, I am struck by how much we tend to overemphasize the present when planning for the future.  In strategic planning, it is vital that you do the best job you can to anticipate future trends that will shape the strategic environment of your industry.  […]

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