The tactic called reframing is a critical component of strategic thinking, the multi-part process for exploring data and reaching strong conclusions that are right for your business. Are you reframing to protect your business? Here's how . . .
At its most basic level, a company's strategy clarifies and leverages an organization's core competence into market value. Lots of effort goes into defining, clarifying, and updating a company’s strategy — effort that involves many external and internal variables.
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In this crazy-busy world of bosses who say, "Don’t bring me problems! Bring me solutions!" it’s tempting to address any problem by jumping toward the first obvious answer. Unfortunately, that quick answer often won’t solve your problem. I recently learned the hard way that if you don't spend enough time analyzing the problem, your solution will likely cost you time and money — and maybe, some credibility.
AP reports hat Puerto Rico's Democratic Party has chosen to hold a presidential primary instead of a caucus to encourage more islanders to participate in the June 1 contest. Puerto Rico's switch was done, in part, to avert the chaos that might ensue should the unfamiliar and time-consuming caucus process be overwhelmed with thousands of new voters, eager to contribute to choosing a candidate.
According to a recent Reuters report, nearly half of British workers polled say their bosses are incompetent, make poor decisions, and lack confidence.
What’s more, of those who say their bosses don't know what they are doing, 83 percent said that management's poor decision making damages morale, half say it hurts productivity, and 19 percent say it hands competitors an advantage.
Clearly, we're on the threshold of a huge shift in the numbers of women stepping up as senior executives with so many poised to move up from the No. 2 or No. 3 spot.
What's more, statistics indicate that we're seeing the tip of a very big iceberg. Though women still face 4-to-1 odds against being chosen for senior executive posts, several early indicators herald significant changes ahead:
- More than half of the Fortune 500 companies have more than one female corporate officer.
Have you been in a meeting lately — with one or twenty people — when the whole conversation went off on a tangent of no return? This is not an uncommon experience, particularly when the topic is challenging and the players have different points of view.
What can you do — either as a leader or meeting participant — to get people back on track, heading in the same direction, with shared commitment to a positive outcome?