Facing a CEO who's set in their ways while trying to turn around a portfolio company? It's a tough spot, but there are strategies you can use to align your visions and get things moving in the right direction. Remember, it's not just about making decisions—it's about building relationships, creating shared goals, and supporting each other through the transformation process. Have you ever had to persuade someone resistant to change? How did you approach it?
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Without direction, we form our own paths... The business case for change is often discarded once it's approved - read this new insight from principal consultant Rachel Shaw to learn why it's actually a vital asset for taking your people on the change journey 💡 ➡️ Read here: https://lnkd.in/eJqXd3Gu #MakeChangeStick #BusinessChange #ChangeManagement #Transformation #Change #Strategy
Why You Need a Clear Business Case for Change - Afiniti
https://www.afiniti.co.uk
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Four Key Considerations for Successful Organizational Growth. - Four Key for Successful Organizational Growth. In today’s competitive business landscape, achieving sustainable growth is a multifaceted challenge. https://lnkd.in/g363QQiW #OrganizationalGrowth #OrganizationalGrowthStrategy #BusinessManagement #ManagementConsultancy #Consultancy #capibizO #Growth #GrowthStrategy
CcapibizO - Organizational Growth Consultancy Firm
https://capibizo.com
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Transform Limiting Beliefs | Unlock Executive Growth with 30+ Years Pharma & IT/ITES Leadership Experience
Can't find time for strategy? 🤔 Maybe you're asking the wrong questions... As the fiscal year ends, many leaders find themselves swamped with the day-to-day grind. Big-picture thinking seems like a luxury, doesn't it? 😔 Even if you magically cleared a day for strategy, would you know where to start? Research shows that most leaders struggle with this. Nearly half spend all their time firefighting, and almost all complain that strategic thinking gets sidelined. So, how do we break this pattern? Let's start by flipping the script... Instead of agonizing over what strategic thinking is, let's ask 8 powerful questions to spark those big-picture ideas: Strategy Question #1: Can I strengthen my current strategy? If things are going well, don't reinvent the wheel! 💪 Look for ways to enhance what you already do well. Could new tech or services boost your existing strengths? Strategy Question #2: Can I copy with pride? Not copying your direct competitors, of course! But the world is FULL of genius ideas.💡 Seek out successful models in other locations or even industries. Could you adapt their winning formula? Strategy Question #3: Can I go beyond product innovation? True competitive advantage lies in the ENTIRE value chain. 🚀 Apply innovation to your marketing, sales, operations...every aspect that impacts your customers. Strategy Question #4: Can I recapture company heritage? Been around the block? There's wisdom in your past! ✨ What made your company thrive in earlier days? A modern reimagining of that uniqueness might be the key. Strategy Question #5: Can I take advantage of a crisis? Recessions are tough, but they're also opportunities. 💪 Companies that act decisively during downturns often emerge as leaders. Invest in building advantages even when times are hard. Strategy Question #6: Can I build an execution edge? Strategy lasts; execution lasts LONGER. 🙌 Investing in excellent strategy execution creates a powerful advantage that outlasts any single business plan. Strategy Question #7: Can I innovate my business model? Your business model is how you deliver value. 🤔 Find unique ways to serve clients in every aspect of your operations. This is how you stand out. Strategy Question #8: Can I create Shared Value? Sustainable business isn't just a trend; it's a smart strategy. 🌎 Look for ways to enhance your company's competitive position while making a positive impact on society. Which of these questions sparked your biggest 'aha' moment? Share in the comments, and let's keep the strategic conversation going! #strategy #leadership #innovation
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How can companies prepare for change? 🔮 We asked Afiniti partner Sarah Matthews in our latest talent insight, which gives you practical tips and experienced-based guidance on getting your change project off to the best start 🚀 ➡️ See Sarah's insights and make sure you're prepared for your change here: https://lnkd.in/enxnCYHe #MakeChangeStick #BusinessChange #ChangeManagement #Transformation #Change #Strategy #PeopleAtTheHeart
How can Companies Prepare for Change? An Expert's Insight
https://www.afiniti.co.uk
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Dear LinkedIn community, In today's rapidly evolving business landscape, strategic planning isn't just a choice; it's a necessity. As CEOs, your ability to chart the course for your organisation has a profound impact on its success. 🌟 🎯 Why is Strategic Planning Crucial for CEOs? 🎯 Clarity of Vision: Strategic planning helps you define your company's long-term goals and vision. It's like setting the North Star that guides your decisions. Resource Optimisation: It enables you to allocate resources effectively, ensuring your team works on the right projects with maximum impact. Adaptability: Markets change, and a solid strategy prepares your organisation to pivot and respond to unexpected challenges. Alignment: It aligns your team's efforts and motivates everyone toward a common purpose. Risk Mitigation: Anticipate potential risks and devise proactive strategies to mitigate them. 🔥 Tips for CEOs: 🔥 Involve Your Team: Collaborative strategic planning empowers your team, leading to innovative ideas and increased commitment. Continuous Review: Your strategy should be a living document, evolving as the business landscape changes. Data-Driven: Base decisions on data and market insights for a competitive edge. Communication: Share your strategic vision with your team, fostering transparency and a sense of shared purpose. Strategic planning isn't just a process; it's a mindset. It's about envisioning the future, charting the course, and relentlessly pursuing success. 🚀 Inspirational Quote: "Strategy is about making choices, trade-offs; it's about deliberately choosing to be different." – Michael Porter As CEOs, you hold the keys to your organisation's destiny. Embrace strategic planning, and you'll discover that the path to success is clearer and more attainable than ever. 💪 Feel free to share your thoughts or experiences with strategic planning in the comments below! 🚀 #CEOs #StrategicPlanning #Leadership #Success #BusinessStrategy #LinkedIn #ThinkPositiveAgency #AntonioMarsocci
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Unveiling the Simplicity of Strategy Planning: Three Fundamental Questions for Success Strategy planning is often perceived as complex, but it can be simplified by honestly answering three fundamental questions: "Where are we now?" "Where do we want to go?" "What is a credible path to get there?" However, many companies fail already at the beginning because they lack honesty in assessing their current position. Market leaders may not fully understand why they are successful, while non-market leaders often underestimate their strengths. To answer the first question, it's essential to be brutally honest about the true strength of the business. This involves admitting any weaknesses and identifying the one thing that makes the business special. Key considerations include: What makes our business unique? Is it the product, company, or timing in the market? How special is this unique aspect compared to competitors? How committed are we to making this aspect truly exceptional? Leaders must choose between being better, being the best, or being different. While many opt for the "be the winner" strategy out of habit, embracing innovation and category design can lead to greater profitability. Ultimately, successful strategy planning requires embracing honesty and adopting a mindset of abundance, creating new possibilities and driving the greatest strategies. In conclusion, successful strategy planning is based on honestly addressing three fundamental questions: "Where are we now?", "Where do we want to go?", and "What is a credible path to get there?". Failure to do so can lead to missed opportunities and underestimated strengths, hindering business success. By embracing honesty, identifying unique strengths, and adopting innovative approaches, companies can unlock new possibilities and drive effective strategies towards achieving their goals. #interimmanagement #strategy #bestadvice
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The common obstacles that prevent businesses from successfully implementing their strategies are limited resources, cognitive hurdles, motivational and political barriers. Read More - https://bit.ly/48pocCD #strategyexecution #business #strategy #strategymanagement #businessstrategies #businessstrategist #businessleaders #strategicplanning #businessstrategy #strategicleadership #strategyimplementation
Breaking Down the Barriers: A Roadmap to Successful Strategy Execution
thestrategyinstitute.org
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I ignite business and personal growth through clarity, purpose, and accountability. Performance Growth Coach | Business Advisor | Mentor | Consultant
A CEO's Handbook for Informed Decision-Making As a CEO or business owner, do you ever feel overwhelmed by the plethora of opportunities knocking at your door? In today's dynamic market, the real challenge isn't a lack of options, but the ability to choose the right ones that align with your business goals. Why an Abundance Mindset Matters for Leaders? 1. Expansive Thinking: It's not just about spotting opportunities; it's about creating them. 2. Enhanced Creativity: An abundance mindset is your best ally in innovative problem-solving. 3. Increased Resilience: Setbacks are merely stepping stones to the next opportunity. The Struggles CEOs Face in Embracing Abundance: While it's great to be optimistic, CEOs and business owners often grapple with the 'Fear of Missing Out' (FOMO) which can lead to hasty, regrettable decisions. The speed of business has changed greatly. So, how do you strike a balance? Five Guiding Principles for CEOs: 1. Core Values as Your Compass: Know your business values. Let them guide your decision-making. 2. Celebrate Wins, Yours and Theirs: A rising tide lifts all boats. Be genuinely happy for others' successes. 3. Scheduled Diligence: Block off time in your calendar specifically for evaluating new opportunities. 4. Leverage Your Executive Network: Peer insights can be invaluable. Don't shy away from seeking advice. 5. Mindful Indecision: Sometimes, the best decision is to make no decision—yet. Many CEOs I've spoken with wish they had spent more time evaluating opportunities before making a decision. Moving from one shiny new toy to another is definitely an approach, but is it the right one? "Making good decisions is a crucial skill at every level." - Peter Drucker In conclusion, abundance isn't just an external resource; it's an internal state of being. Equip yourself with the right mindset and tools, and you'll find that every decision point is an opportunity for growth, not a stumbling block. If you’re navigating this labyrinth and seeking tailored, actionable strategies, I invite you to connect with me for a no-obligation discussion. What's your biggest challenge when it comes to decision-making? Share your thoughts below. Wellfleet Enterprises Inc. Cedalion Talent Crews & co. growth10 mentumm Gloria Cuenod Joe Buzzello Tom Healy Ben Levitan Eric Crews Derek Mohamed, CPWA®, CEPA®, AAMS®, CRPC® Brendan Leonard Robert Rivadeneira Harmony Trujillo Michael DiMella Enis Shehu Joni Shehu Ashley Tina Jessica A. Moody Rachel Carlino-Dangora Matthew G. Doyle, LICSW Kathleen Gammon Julianne Webster Abbey Webster Sarah Webster Lindy Nowak Premela Deck, JD, PhD Ann Sousa Enterprise Center at Salem State University Ken Krasnow
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If you're experiencing organizational changes, here are four methods to help lead your team to successful implementation and minimize negative business outcomes. Read more: https://hubs.li/Q02BwpvD0 Post written by Jason Hennessey, Forbes Councils Member.
Council Post: 4 Keys To Keeping Your Employees Happy Through Organizational Change
social-www.forbes.com
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Most people think that strategy is the HOW of getting to a certain place. It could not be farther from reality. Strategy is not just about the Future. It is also about the present. Strategy may delve into HOW but it first begins with articulating the WHY clearly. So, how do we do that? Defining the Current Reality: We start by defining the current state of affairs. It important that we remain grounded in reality. Without an authentic examination of where we are right now, without the details, there is no sense in envisioning where we want to go. One has to be very clear on where one is, to get any sense of direction. Summation: In order to be able to freely strategize, the leaders now create an abstract summation of the present. This allows them to detach from the current and then without barriers move on to the next step. High-Level Future: We call it "The Word" of the company. Many call it the Vision, Mission, or the North Star or Charter. It is important to clearly articulate what the organization is willing to invest itself in. What difference does it want to make out there in the world? The more authentic it is, the more inspiring it will be. Detailed Roadmap: It is important to come back from the High-Level future back to the details. What would this Future or Vision look like, if fulfilled? Without the details, it is all meaningless. This is where the leaders develop the Business logic to make the Future happen. In my consulting, too often, I have seen the leaders jumping straight from the step 3 to implementation. This creates a ruckus because the employees don't see a connect between the vision and the action of the current day. Do you see this as a problem? How do you strategise for your company? ----------------------------------------------------------------
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