Some would say that risks have changed dramatically over the past decade or more. While the risks may have changed, what hasn’t is the practice of how risks are managed. What I witnessed as ‘risk management’ in the early 1990s is much the same today, though much is touted about the value added that comes …
One of the best ways to serve my clients is for both of us to be on the same page right from the start. Today I’m thinking of terms and phrases that two people can interpret or understand very differently. When such a disconnect between the advisor/coach and a client happens, it doesn’t usually end …
The Meaning of “The Gap Between Strategy and Execution” Read More »
To capture the significance of a keystone, let’s first put it in perspective. A keystone in architecture is a central, wedge-shaped stone designed to support the weight of the arch. It distributes the forces acting upon it. When a load is applied to the arch, such as the weight of the structure, the arch exerts …
Since the dawn of the first Industrial Revolution (1760-1814), businesses have struggled to achieve a balance between profitability, growth, efficiency, and effectiveness. Actually, the struggle lies with aligning the resources and evolving the capabilities to meet the ever-changing needs resulting from the economic shifts. Now in the ongoing Fourth Industrial Revolution, more than 260 years …
Which would you rather achieve: Effectiveness or Efficiency Read More »
Connect the dots!! What’s the first thing that pops into your head when you hear that? Perhaps you see a series of dots connected by lines that zigzag across a page. Do you see any gaps between the dots and the lines? An executive, Dennis, in a medium-sized diversified business, was asked “How do you …
