Article Category: NED and board advisory
Why do strategic plans fail?
The exact failure rate of strategic plans is unknown – but it’s high! Here are ten common reasons why strategic plans fail. It’s likely that the last strategic initiative to fall short in your organisation could be attributed to one (or some combination) of these ten causes.
Strategy: the key issues for any CEO
To develop a winning business strategy, a CEO needs to ask these six key questions and balance these five core tensions.
Why good people leave
Few things are more draining for an organisation than the steady, systematic loss of highly effective and productive people. When an employee leaves, you need to find out why.
Is your glass half full or half empty?
Many times, regardless of how well we plan, some things just fail. These challenging situations define our days, but our response to them determines our future success.
Aligning your organisation for growth
Organisations need to understand concepts of growth initiatives and align their expectations, processes and people around growth idea generation and implementation, to ensure that profitable growth happens in the short, medium and long term. To gauge your organisation’s prospects for growth, you need to ask twelve questions under four headings.
How to transition to a new business model
There are various reasons why you may decide that your business model is no longer working. Once you have chosen a new business model, the biggest challenge you will face is how to successfully transition your brand to the new model, when the old one isn’t completely exhausted yet.
Top tips for managing your corporate reputation
Corporate reputation influences sales, share prices, employee morale, and more. It can make or break a company. However, it’s difficult to define, measure, build and control. These five tips will help.
What part do NEDs play in business success?
When large organisations hire non-executive directors, it’s often reported in the press. Yet these NEDs are not company employees, and are not responsible for the running of the business, so why the interest? Why do companies hire NEDs, and what role do they play?
How much time does the NED role take?
A non-executive director’s time commitment falls under three headings: planned contact time, preparation and personal time, and unplanned contact time. Here’s a rundown of the activities under each of these headings.