Metrics that Matter: Ensuring Your KPIs Truly Align with and Support Your Strategic Objectives
No matter your industry, key performance indicators (KPIs) have become the lifeblood of organizational decision-making. Leaders at all levels rely on these quantifiable metrics to track progress, identify areas for improvement, and ultimately drive their companies toward their strategic goals and objectives. But all too often, the KPIs that organizations choose to focus on fail […]
Connecting the Dots: 5 Practical Strategies for Cascading Your Strategic Vision Throughout the Organization
The disconnect between strategy and execution can be the Achilles’ heel of even the most well-conceived plans. Without a clear line of sight between the overarching vision and the specific actions taken by each individual contributor, sustainable success becomes elusive. As business leaders, we pour significant energy into crafting strategic visions—analyzing market trends, defining competitive […]
Bridging the Gap: Aligning Strategy, Metrics, and Daily Actions for Sustainable Success
As business leaders, we’re all familiar with the importance of having a clear, well-defined strategy. It’s the roadmap that guides our decision-making, resource allocation, and long-term vision for the organization. But too often, we find that strategy and execution exist in separate silos, with a significant gap between the lofty goals we set at the […]
Strategy Can’t Be Comfortable
Navigating High Interest Rates: Strategies that Actually Work
Interest rates have always had a profound impact on the manufacturing sector. As an economic inevitability, their rise can take businesses by surprise, triggering a series of responses to mitigate the effects. While I’m not an economist, throughout my decades in the industry I’ve noticed several trends in the industry as businesses grapple with these […]
Change Lives to Change Your Business
Tis the Season for Strategic deployment
The year has barely started and new challenges are already bringing a fresh wave of uncertainty. The truth is simple: it is critical to your success to finish strong and implement the strategic change that will position you for growth in the next 12 months. So to help you in your efforts, here’s a quick […]
A Symphony of Success: Linking KPIs to Strategy in Manufacturing
As a strategic planning expert, I’ve seen firsthand how the right KPIs can help manufacturing companies achieve their goals. When KPIs are aligned with strategy, they can provide a clear roadmap for success. They can also help to identify areas for improvement and track progress over time. The Symphony of Strategy and Metrics I […]
The Fallacy of the Silver Bullet: Why a Whole System Approach is Essential for CEOs
Once, early in my career, I was standing above a Toyota assembly line in Japan. Looking down at the plant floor, I realized that at any given time, a hundred different kinds of vehicles were rolling off the line. I felt like being there and seeing all of this was essentially akin to giving away […]
Deploying a Strategic Plan for Manufacturing CEOs
In my work with companies across the manufacturing landscape, I see it all the time. While many companies are great at creating strategies, very few are adept at deploying and managing them. Many companies mistakenly view their budgeting cycle as strategy deployment, keeping their focus solely on spending money on the things they predict will […]