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Issue 257  6th August 2022

Does Your Strategy Have a Spine?

To clarify their strategy and communication around strategy, executives should create a simple document called a strategy spine. They should begin by imagining as if they were an independent reporter, their company about five years into a successful future. What would that success look like?

^ADJ: It's a question often left un-answered - what does success truly look like for the organisation, how will it be perceived, where will it play (and not), and what resources will be required to achieve it? A great article detailing how to articulate this.

hbr.org

Making time management the organization’s priority

To stop wasting a finite resource, companies should tackle time problems systematically rather than leave them to individuals.

^ADJ: we all owe it to ourselves to do better at this, think about new ways to achieve more in less time!

mckinsey.com

From risk management to strategic resilience

In a volatile world, resilience is an increasingly critical prerequisite for corporate performance.

^ADJ: McKinsey has produced some great articles on resilience - well worth thinking about, and being challenged by it!

mckinsey.com

An Apple Bank Account? -

^ADJ: A thought-provoking article on Apple's Finance Strategy, what they have now, recent partnering and acquisitions and some thinking of where this might take Apple in the future. My takeaway, look at how deliberate and well executed some of Apple's plans are - can you match that in your business?

list-manage.com

Leading In Crisis | Bill George

The current economic crisis is providing significant challenges for leaders throughout the business, government, and nonprofit sectors. Their ability to lead in a crisis will be sorely tested and will often determine whether their institutions fail or survive the crisis. The best leaders are those who are wise enough to use crises like these to strengthen their organizations for the long term. Sadly, many leaders have failed the test, though others are emerging as outstanding leaders.

billgeorge.org

My Fixation on Time Management Almost Broke Me

It can be easy to absorb messages in our society that time is a limited resource — a commodity to be managed rather than squandered. And certainly, the various hacks to manage time more efficiently are necessary if you need more discipline and structure. But for some people, time management is a barrier to true effectiveness and productivity. The author, a lifelong proponent of efficient time management, found that her meticulous planning had negative impacts on her health. After researching and then shifting toward subjective — rather than objective — time management, she found more joy in her work, and her health began to improve. She offers three lessons that reveal why our traditional time-management methods can hold us back.

hbr.org
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