Managing Performance in Turbulent Times
Straightforward playbook for executing world-class strategy for tangible results
Designed with three key ideas: leverage the tools that are working, simplify the model, and make the content readable for managers, Managing Performance in Turbulent Times is a road map for the modern strategy manager. Through their simplified execution process the authors—performance management experts—show executives how to get results and execute even in the most difficult conditions.
Managing Projects in Turbulent Times
Strategic initiatives are major drivers of organizational progress and are designed to transform enterprise processes or knowledge assets. Unfortunately, many initiatives suffer from poor project management-they are launched without clear business cases, paid too little attention from senior leaders, and managed without strong project governance. The costs of these and other mistakes are significant. In this article-an excerpt from their new book Managing Performance in Turbulent Times: Insight and Analytics-performance management experts Ed Barrows and Andy Neely describe four practices organizations can implement right away to improve their project management and, in so doing, improve their overall strategy execution.
Four Steps for Integrating Strategic Risk Management into Your Strategy Review Process
Managing strategic risks is an essential part of strategic planning and strategy execution. Yet to their peril, many executives pay little ongoing attention to those critical environmental factors that could derail their business. The author, a strategy formulation expert who introduced the concept of applying strategy maps to competitive analysis, outlines four steps organizations can take right away to integrate strategic risk management into their strategy review meetings-and protect themselves from the most critical threats to their business.
Using the Strategy Map for Competitor Analysis
Without a doubt, the strategy map has become the dominant tool organizations use to articulate and monitor their strategy. But the strategy map offers another significant benefit: representing the strategy of your competitors-that is, the basis on which your closest rivals differentiate themselves and compete. By clarifying and comparing your competitors' strategies-and being equipped with such information up front, while you are developing (or overhauling) your strategy-you can ensure yours has a sharper competitive edge.