strategy

And the winner is . . . Good Strategy by 63% to 37%! This was fun and thanks to everyone for playing along.  In fact, it was so fun that I am thinking of turning this into a mid-term question for my grad class on Nonprofit Strategy at Maryland. Is “Good Strategy” the “right” answer? It all depends on your reasoning. A number of people pointed out that the only way for a … [Read more...] about Reader Results Are In!: Good Strategy vs Great Plan

Which would you prefer? Imagine that the proverbial magic genie appeared at your door and offered you either a “good strategy” for your future or a “great plan.” Which would you choose?  Just send me a quick email at robsheehan@aol.com to let me know.  You don’t have to provide your reasoning, but if you do then I’ll provide some summaries of reader comments when I report … [Read more...] about Quick Reader Poll: Good Strategy vs Great Plan

“How am I supposed to create a strategy for the next three – five years, when I have no idea how the environment is going to change in even the next three months?” This was a very astute question asked during the Breakthrough Strategy seminar I taught earlier this week for nonprofit executives in Columbus, Ohio.  In an environment that has been called “permanent white … [Read more...] about Strategy in Uncertain Times

There is no “factual” way to know the answer to this question. And it drives a lot of people mad. But strategy is not a math question with right or wrong answers.  You “create” a strategy based on your aspirations and, yes, some hearty analysis of your strengths, weaknesses, opportunities, and threats.  But there is no way to tell if you have created the “correct” … [Read more...] about Do We Have the Correct Strategy?