Strategic Decision Myth #2: This decision is easy

How many times have you run into the senior manager who has all the answers? Now, I’m not talking about the person who seems to come up with the right answers. I’m talking about the individual who is so confident in his/her abilities that they consistently make a “gut...

Strategic Decision Myth 1: I don’t have time

Sometimes effective strategic decision-making is avoided. Not because the company lacks the capability to make these types of decisions. Rather, companies fail to grapple with strategic issues because of preconceived notions. Often these perceptions are based in myth,...

Strategy requires more than a coin flip

Evidence shows companies that create sound strategies establish a foundation for future success. The hallmark of effective strategy is consistent, quality strategic decision-making that can be broadly supported by employees. But sometimes executives seem to...