Business strategy Archive

How do you value success?

Learn to Value your Whole Life and not just your Professional Life

Learn that Value Exists in your Whole Life

Use your Success from all Areas of your Life to do Well Professionally

 

Value and Success

 Many of us measure success from a purely business perspective. We place value on aspects such as turnover, profit/loss, growth, customers, clients, sales, the list  is endless. Often we fail to acknowledge value from other areas of our lives, and as such our tight focus on one aspect, often business, can see us scrutinising the wrong  things. Continue reading

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How up to date is your Business Decision Making Process?

It’s one of the most stresssfull factors in Business: To make a decision that will impact your business and the people that work in it. So, how can you Business Decision Making Process?
In this issue we look at this question very closely:
Our iCEO Colin Thompson investigates the most common mistakes when setting up a Business Case Analysis. Then Phanish Puranam, a Roland Berger Chair Professor of Strategy & Organisation Design at INSEAD demystifies Corporate Strategy Decision Making in the INSEAD Knowledge Video “Corporate Strategy Decision Making, Demystified”. Followed by iCEO Joe Orlando’s Expert File, which investigates the flaws of Business Intelligence and how you can avoid them.
A related topic brings you the Expert File of iCEO Jorge Zazueta: Once you have come to a decision – how can you ensure its successful execution?
Finally our iCEO Thomas Stephen explains in the Executive Video of the month, how he lead the internal restructure of operations to enable a company to become the global leader in its sector. Continue reading

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Business Case Mistakes and How to Avoid Them

Business Case analysis has become mandatory for important decision making and planning in government, business, and non-profit organisations everywhere. As a result, most case-building responsibilities now belong to those who are not “finance” people.

Everyone talks about the business case but surprisingly few people really know what that means.

That was true in the early 1900s, when business case analysis was born along with a new, developing discipline called finance. In those days, most people thought that business case analysis was “finance.” They thought the job of building and using case results should be left to financial specialists. Continue reading

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The Epitaph of Managerialism

My mentor Dr Jules Goddard at the LBS MLab presented the following paper that I thought worth sharing with you.

He reminds us that reducing costs is only a means to an end, not a strategy.

The art of management is to manage a business in such a way that the need for operational excellence, continuous improvement, “right first time”, cost leadership, process redesign, corporate renewal, cultural change, charismatic leadership, employee engagement and financial incentives is redundant; and the declared pursuit of these objectives counts as a clear admission of failure. Continue reading

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How to let an Interim Manager do “the job” or “a great job”?

The background of this article are two French firms in trouble, with around one hundred employees and twenty million in revenue each. These two manufacturers of industrial equipment are subsidiaries of two international Groups of about 1,000 employees and € 200 million in revenue. Each local company suddenly loses his top manager, for different reasons, but that lead the Groups in both cases to assign an Executive Interim Manager. This aims to take control of the French subsidiary to drive organizational change and allow time to set up a sustainable solution for the management of the company. This is not a fiction, both cases were experienced by the same Interim Manager 1 year apart. Continue reading

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Secrets to Successful Strategy Execution

Written by Jorge Zazueta

Execution has enjoyed an impressive reputation in the last few years under the banner that any strategy is worthless if not executed.  While this assertion is tautologically undeniable, it is also true that executing a flawed strategy can have unappealing consequences. New Coke or the Betamax video format come to mind.

From Detachment to Duality

One of the best known proponents of the execution point of view is Larry Bossidy, author of the bestselling book Execution. The Discipline of Getting Things Done, with the basic premise that “Strategies most often fail because they aren’t well executed.”  He sees strategy and execution as two separate processes. Continue reading

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How global uncertainty drives business?

How global uncertainty drives business, commercial and pricing models?

Written by Rajesh R N

With rising global uncertainties which have emerged over time, fueled by the recession of 2008 came new operating and business models including cloud computing. Business Processing Outsourcing (BPO) came in much earlier to that, perhaps due to the previous recession and evolution of technology.

The traditional model of customers having to bear huge upfront cost for implementing large scale transformation programs and subsequent operating costs over time became the not so preferred model. The need for elasticity and opex based models gained further momentum. Conversion of capex based pricing into opex based, where upfront costs are recovered over time on a certain basis such as a per Virtual Machine or per transaction with cost of capital built into could be one theme for large service providers who have the financial ability to do this, withstand, successfully deliver and reap the benefits of being a true transformation partner. Taking this further, a catalog based pricing with options to mix and match offerings is another within this. On top of this simulating across different volumes of transactions or other unit of measurement such as Virtual Machines meant a nightmare for the pricing modelers as well as procurement departments of the customers who need to look into the future and guesstimate the demand to support the service providers in building a model and quote. All this has given rise to something very interesting for the customer. Equally on the other side, customers need to provide some ramp up assurances over time to the service providers with a tight governance model on both sides, in order for the service provider to be able to meet commercial goals while unleashing the transformation. Continue reading

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European CEO magazine

CEO Worldwide, your professional lifetime international career partner promoted on European CEO magazine

We are pleased to share with you the recent edition of European CEO magazine in which CEO Worldwide Ltd is promoted in the inside front cover:

Access the European CEO magazine

European CEO is a leading subscription-based print and online publication, delivered quarterly to c-suite executives in 28 countries throughout Europe.

With a network of journalists reporting to headquarters in London, European CEO provides the numbers, detailed analysis, strategy and guidance needed to make qualified business decisions in Europe’s diverse marketplace. Continue reading

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