Finding genuine core values
The ethos applied in the running and the management of the organisation will impact the implementation and the realisation of the strategic mission and vision respectively. Unfortunately, many managers simply look around for big words and expressions to present as organisational core values. In any organisation, core values must define…
Read MoreWhy making of company slogan requires deep involvement
Slogans help to rally teams and individuals around organisational mission or vision. They motivate management, employees and other stakeholders towards the ideal scenario that the organisation wishes to attain. For best effect, they must be crisp, believable and motivational for all to easily remember and internalise. The rule of thumb…
Read MorePerformance: Without measuring intangibles, you aren’t fully in charge
Impressive organisational outcomes suggest that its mission is being effectively pursued. But how do you determine that a business outcome is good, especially if it doesn’t have financial indicators? Ordinarily, businesses define success though financial outcomes, but hardly do managers bother to define and measure the events that indirectly drive…
Read MoreTrends that will continue to impact company strategies for a while
Strategic planning is a meticulous effort, more so because strategies for organisational progress must be realistic and specific. Yet while that is so, there are industry and business trends that have recently influenced organisational strategies in significant ways, and may continue to do so. Rapid technological advancements in the past…
Read MoreFive critical steps to successful strategy implementation
Many organisations come up with great strategic plans, but then fail to manage them effectively. There are five critical activities that management is advised to engage in to support the proper implementation of any strategic plan. They are grouped into two: Preparatory and Execution steps. PREPARATORY STEPS Step 1: Making…
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