Success Sows the Seeds of Failure – Toyota’s Complacency Causes Reputation to Crash

By Denise Harrison, Vice President Strategic Planning Expert Can success breed failure? This seems like an oxymoron doesn’t it? But world class companies continue to fall into this trap – Toyota is the latest example.  Toyota gained market share in the automotive market by focusing on quality – this was their strategic competency.  This single-minded […]

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Drowning in Strategic Initiatives? Here is a powerful tool for screening them out.

By Robert W. Bradford, President/CEO Strategic Planning Expert Robert Bradford When assessing strategic opportunities, we have for years examined four variables in the Simplified Strategic Planning process – value, probability, management effort and financial risk.  Recently, I have taken to including a secondary analysis of opportunities, undertaken when reviewing opportunity screening worksheets in meeting number two.  […]

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Help! My Market Doesn’t Need My Product Any More! How to Strategically Position Your Company for Success in the Face of Changing Market Preferences

By Denise Harrison, Vice President “First, the bad news, the market for buggy-whips has disappeared; but the good news is, that we have cornered the market for 8-Track tape players.” Who makes the screens that go into electronic readers – you know the screens on Amazon’s KindleTM and Sony’s ReaderTM?  Prime View dominates this market; […]

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Is your New Product Development Process Complete?

By M. Dana Baldwin, Senior Consultant Strategic Planning Expert How is your total new product development process performing for your company?  There are a number of elements to consider before answering this question. Elements of the analysis should likely include: Market Intelligence sufficiently equipped to provide well-documented and well-thought-out analyses of potential new products and […]

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Lessons Learned from Boeing’s Stumble:Risk assessment is Key to a Successful Strategy

By Denise Harrison Boeing’s 787 Dreamliner has not hit its development milestones, causing Boeing to take a $2.5 billion charge against earnings.  What happened?  Key to Boeing’s past success has been its ability to achieve its “big hairy audacious goals or BHAGs” (from Built to Last by Jim Collins and Jerry Porras).  In the 1950s […]

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Strategic Planning: When Good Goals Go Bad

By Denise Harrison “As the housing market collapsed in late 2007, Moody’s Investor Service, whose investment ratings were widely trusted, responded by purging analysts and executives who warned of trouble and promoting those who helped Wall Street plunge the country into its worst financial crisis since the Great Depression.”[1] Banks failing, real estate loans made […]

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