The Physics of Business Decision-Making
Many companies struggle to reimagine their businesses in light of today’s competitive realities. A study of Newton's Laws of Motion can offer some insights into their challenges.
Many companies struggle to reimagine their businesses in light of today’s competitive realities. A study of Newton's Laws of Motion can offer some insights into their challenges.
The strategic plan needs to acknowledge the drivers of success in today’s world, and then define an optimal future direction from an array of different alternatives. This article provides a scorecard for assessing your company's strategic plan.
As you complete your strategic plan, take time to pause and do a quick ‘big-picture’ review.
Does your company have a separate budget set aside for strategic projects? If not, it’s something you might want to [...]
In April of 1912, eight musicians boarded the RMS Titanic in Southhampton. Their job was to provide entertainment for the [...]
The financial services industry is experiencing a period of rapid change driven by near-term events like the pandemic, overlaid on top of the longer-term digital transformation of the economy. The companies that manage to survive over the next few years will be the ones that are most successful in adapting to this new business environment.
As America keeps pushing to reopen, financial institutions must learn from their pandemic experience and figure out how to pick up the essentials of old strategic plans and stitch them to fresh ones for the 'new normal.'