Strategy is an integrated explanation of how an organization is going to guide its performance into the future. In installment #2 of “What is Strategy?” we consider an organization’s future. If Strategy guides performance “into the future, ” then an obvious question is “Where are you going?” To answer that question, I first suggest that an organization identify its Mission … [Read more...] about What is Strategy? Part II
goal-setting
The Performance Paradox
Yes! I want to be a high performer! Yes! I want to accomplish all of my goals! Sorry. You can’t have it both ways. What!?! Why? While it may seem like a contradiction – the only way to maximize your performance is to give up your desire to attain your goals 100%. Research on goals shows that the higher you set your goals, the greater performance you will have.* So, … [Read more...] about The Performance Paradox
The Moon Shot vs Cancer
One of the best examples of a successful Almost Impossible Stretch Goal is the Moon Shot. (To read more about the power of Almost Impossible Goals, click here.) On May 25, 1961, President John F. Kennedy – in a speech to a joint session of Congress – announced the goal of landing a man on the moon and safely returning him to Earth. For those of you not alive in the 1960s, … [Read more...] about The Moon Shot vs Cancer
Goal Setting for 2013
I have made a big deal out of the importance of setting goals, rather than new year's resolutions -- both in my blog and in the column I wrote for The Washington Post (click here to read it). To fully understand how to effectively set goals, please read my new article The Power of Goals which you can download here at no cost. It is a fourteen page quick read that gives … [Read more...] about Goal Setting for 2013
Set Goals, Not Resolutions
If you took an extended holiday then you might have missed last week’s blog about my new, free e-book. Check it out here: The Power of Goals Earlier this week, I had an article in The Washington Post also about goals. You can check it out here. The highlights: If it’s time for you to set those once-a-year resolutions that you know will fade by March, then this … [Read more...] about Set Goals, Not Resolutions