Running the Race and Running It Right

Business Improvement, Planning, Risk Management

A week ago Monday, I was in Boston’s Back Bay neighborhood with my family and thousands of others, there to watch and celebrate as my son John completed his sixth Boston Marathon. It was a beautiful New England spring day, and we’d just sat down for lunch at a local restaurant when everything changed. We heard the first explosion and felt the second (later learning that it was just 700 feet away). Almost immediately we saw the crowds, walking and then running from the area. Their expressions reminded me of 9/11. Through the window someone mouthed the word “bomb”. It […]

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Predicting and Planning for the Unexpected

Business Improvement, Operations, Planning, Risk Management

In our business (and our life), we often mistake those events unplanned but not improbable, with those truly unexpected. For example, it’s certainly not unexpected that we’ll have snow each winter in New England, especially here in the hills of central Massachusetts. And yet, I’ve heard many times over the years some version of “we weren’t able to make our plan in the first quarter because of all the snow we had in the northeast.”  It rarely sounds convincing. That said, most of us don’t plan for snow days in our business, like they do at the local school.  We […]

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The One Thing You Really Must Have

Business Improvement, Leadership Development, Operations, Planning

Success in business (and in life) is a function of many things, but short of luck, there is one ingredient we all must have.  Growth, profit and success – for individuals and for organizations – requires a plan. This isn’t news. We all know and understand that a script is necessary for clarifying objectives (mission, vision, strategy) and for detailing the action agenda. We’ve learned and used this before, and pundits and advisors (like me) are constantly reminding us of the importance of the business plan, marketing plan, weight loss plan, and such. So, if planning is so critical, and […]

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Strategic Business Planning Won’t Help You, If …

Business Improvement, Leadership Development, Planning

Over the years I’ve worked with scores of companies on strategic business planning. Some firms were really in to it. Others it seemed were just moving through the motions – as though strategic planning were something they simply had to do, to check off a list. Today I’m frankly more choosy about whom I work with. There’s no point in investing the time, money, and other resources necessary for long view planning – unless senior leaders are truly invested, and all in. Successful strategic planning requires two parts: first, crafting a compelling and energizing future vision for the organization; and […]

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