The table below summarizes the definition of each component of the Drivers Model. Vision A picture of the “preferred future”; a statement that describes how the future will look if the organization fulfills its mission. To be the place where meeting planners meet Mission A statement of the overall purpose of an organization which describes …
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Legal Structures of Organizations Legal Forms and Traditional Structures of Organizations Market Research — Inbound Marketing Planning Your Research Market Research Find and Feed the Feeling Strategizing Understanding Strategy and Strategic Thinking Competitor Analysis Porter’s Five Competitive Forces (Part I) Porter’s Five Competitive Forces (Part 2) Competitive Intelligence Product Planning Product Management E-Commerce Sales and …
As the strategy leader, you have seven activities to which I recommend you pay close attention to build a strong strategy that has full buy-in and commitment. Gain your team’s commitment and buy-in to the process If your leadership team members are like most with whom I have worked, they are stretched for resources and …
US Bureau of Labor Statistics research indicates that almost 60% of businesses shut down within the first four years of operation. Why? Most fail for one of these reasons.
THE BRAIN is wider than the sky, For, put them side by side, The one the other will include With ease, and you beside. Emily Dickinson’s greatest accomplishment, I think, is that she taught us to wonder. In Part One of her series called Life, the poet has us thinking about the vastness of our …
You might find this surprising, but last week a bi-partisan US House passed a bill that actually had some substance to it. One that could actually help entrepreneurs and small business owners.
In a previous blog, I described “value chain” analysis, which is an analytical technique designed by Michael Porter to evaluate the sequence of business activities to improve profitability. Those five areas are: inbound logistics, operations, outbound logistics, marketing & sales, and service. That leads to a review of cost advantages and areas of differentiation for …
Leadership Strategies has developed the Drivers Model, a method for taking a strategic approach to addressing a business situation. The model provides a simple communication tool for helping organizations construct a strategic plan. The model is fully scalable and applies to Fortune 500 companies, non-profit organizations, a field office, an individual department, a work team, …
