We can’t figure out what to call ourselves. I most often hear “non-profit” or “not-for-profit, ” but both describe what we are NOT – not what we are FOR. We certainly aren’t for loss – though some organizations are mistakenly managed this way! We have tried so many alternative labels: philanthropic, independent sector, social sector, non-governmental, mission-based, … [Read more...] about If Not-For-Profit, Then For What?
Earlier this week I attended the annual conference of the Executive MBA Council where directors of these programs from across the globe gather once a year to share best practices, concerns, and plans for the future. A common concern that was expressed: “How do we prepare executives to survive in VUCA world?” Indeed, the environment in which we all operate is … [Read more...] about Thriving in a VUCA World
“Being extraordinary . . . means pursuing our full potential.”* You have had moments of performing at an extraordinary level; maybe many moments. It feels really great, doesn’t it!?! What would it be like to have a job and set of work responsibilities that gave you the opportunity to feel that way on a regular basis? Right! Awesome!!! So how can you make that … [Read more...] about When Are You at Your Best?
One of the really great things we do in Business School is to teach students an abundance of analytical tools. There’s the basic SWOT analysis – what are your strengths, weaknesses, opportunities, threats? And there’s . . . Scenario Planning – let’s forecast the possible futures. Balanced Scorecard – how can we predict future performance by tracking metrics in various … [Read more...] about Analysis Cannot Answer the Question “Why”
Mission Statement Mini-Case. Recently, my friends in the Office of Career Services at the Smith School of Business at Maryland asked me to do some strategy work with them. The first thing we reviewed was their mission. Here is the Mission exercise I take organizations through: *AIM: Specify exactly what “persons, places, or things” the organization aims to … [Read more...] about Aim & Impact