So how do I build a WILD and SCARY SWOT

After engaging with a chohort of enthusiastic participants (not pictured above) in our recent Strategies for Growth Seminar at SMU, I was reminded how important and how overlooked the simple SWOT analysis is. And was inspired by “Where the WILD things are” to reconsider how to go about strategic planning.

I believe SWOT the simplest and most powerful tool in your strategic pack.… Read more

Seven critical strategy questions for the Board of Directors

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.

  1. How does the company plan to grow: through M&A, organically, or by driving new or existing products to new or existing markets? 
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Worlds dumbest idea- my take

Not my view, but that of commentator James Montier.

And I can see exactly where he is coming from. And thinking through his views, what superficially seems like a good idea- reward CEOs for increasing share price- has taken a damaging and illogical turn.

In short, SVM (Shareholder Value management) theory states that the only relevant detail corporations have to focus on is delivering increased financial returns to shareholders.… Read more

Top 10 signs of a Dysfunctional Board

I believe I was very lucky that few of the Boards of Directors I was a part of were really dysfunctional. Having said that a  dysfunctional board of directors has the ability to cause multiple headaches for your business or organization. In the penultimate discussion on Boards Lets look at why Boards go bad.

Not only will a dysfunctional board of directors often fail to make decisions that are in the best interest of the business, its dysfunction has the potential to move outside the confines of the boardroom, causing negative publicity.

… Read more