“Thinking outside of the box” is a difficult thing to do – especially when you have been ingrained within an organization or industry for many years. Following are a few techniques to help us all “think different” which are from a recent article in Harvard Business Review.* They are designed to help us identify possible strategic opportunities we had not seen before. 1. … [Read more...] about Strategic Creativity
We know we can’t do everything – but that does not seem to stop us from trying. At the organization level – this can create Strategy Overload. That is, too many goals, initiatives, and projects to the point that none of them are truly “strategic.” Everyone in the organization should know the top three Strategic Goals that should be completed in the next three years. The … [Read more...] about Strategy Overload
When I share examples of strategies from other organizations with people, I often hear “that sounds risky.” I respond “Absolutely!” There is no such thing as a “no risk strategy.” Certainly some strategies are riskier than others, and we need to be responsible about the amount of risk we take. However, I think that most organizations err on the side of playing it too … [Read more...] about No Risk Strategy
Of course you need more money. “No Money No Mission” is the theme of the graduate level Nonprofit Fundraising course that my colleague Dr. Bob Grimm and I are co-teaching at the University of Maryland this semester. All nonprofits need more money. But “why” do you need it? This is more than a “case statement” question. Fundraising needs should be driven by an overall … [Read more...] about Strategy Begets Fundraising
While I preach and preach about the importance of having an excellent, coherent strategy I cannot deny the overwhelming importance of great execution. In recent weeks I have worked with two top leaders (both women incidentally)who are fantastic at execution - which has driven this home. The importance of being able to GSD (Get Stuff Done) is always vital, as two friends of … [Read more...] about Execution Beats Strategy?