applied know how
Last week I was inspired by a children’s book, today I’m inspired by a brilliant artist… more about Picasso at the end of this post. So we started, last week, by reframing the questions we ask of ourselves to create the raw materials for our business strategy the evergreen SWOT.
Why I like SWOT is that not only is it essential in identifying what to take note of in the environment, but it also enables us to identify how we turn what can be a lifeless list into action.… Read more
I’m occasionally asked during our SMU-SID Diploma in Directorship courses what should Boards of Directors focus on to assist Management consider strategy.
Here are seven questions that could be profitably used to focus discussion during a Board retreat or during a strategy meeting.
As a member of Boards I often found that I was involved in turf wars between some Board members and some operational staff. It wasn’t pretty when old guys (like me) want to run the business on a day to day basis (not like me) and it takes both great mental strength and tact to steer them away from becoming the de facto commercial or operations person.… Read more
At some stage in your career, you will run companies, and inevitably these companies come with Boards of Directors.
In moving to run a company or to becoming a lead director in a subsidiary company, you would have made an impact in how you have managed the people who work for you and controlled the business well. But when you reach the dizzy heights of running a company, you have an added responsibility, that of managing the people for whom you work.… Read more