While facilitating the launch of our new Leading Strategic Execution™ business simulation workshop this week, I asked my group of participants a simple question; “If you Google ‘Strategy Execution,’ how many responses do you get?”Read More >
Between Flawless Execution and Innovation
They are two of the most important concepts and drivers of long term success in business; “Flawless Execution” and “Innovation.”
Most businesses thrive and stay in business through the efficient operationalization of a value proposition to customers. The process of delivering a value proposition over and over again should create strong efficiencies and should create a culture of flawless execution. Flawless execution is when the value proposition is delivered to the customer without any mistakes and the customer is 100% satisfied that the value proposition is the value proposition ordered.Read More >
It is one of the most difficult leadership challenges faced everyday by leaders of people, leaders of leaders, and leaders of businesses; how to connect the minutiae of managing daily tasks to the global business strategy that is being executed by your company.
In the world of a “typical” employee, there are many distractions including the global 24/7 day, too much work to manage with limited resources, social media, unlimited sources of news, family obligations, and regular life (like banking and getting dry cleaning). The challenge to leaders is how to create a culture and support it with processes to make sure there is alignment, collaboration, focus, and ultimately the best business results.Read More >
Last week brought an end to one of the most iconic brands in American industry history, The Great American & Pacific Tea Company which owned retail grocery stores under the brand names of A&P, Pathmark, Super Fresh, Waldbaums, and Food Emporium. The retail food industry is a very tough business and it can be considered a highly commoditized business. Last week, I published a blog titled “Applying an Advanced Business Acumen Perspective to Commoditized Markets” which shared new frameworks and ideas about how to compete successfully in highly commoditized markets like retail food. Sadly for consumers, the death of A&P is a story that fits into this framework and can provide interesting and useful business strategy lessons and the application of Advantexe’s Commodity Quadrant Tool which we provide to our clients and readers of this blog (Download the Commodity Quadrant Tool)Read More >