Events
Preparing for Strategic Issues
Sunday 10 April 2011
A challenge for many organisations is being prepared for the key strategic issues they face. I define a 'Strategic Issue' as anything that requires you to commit organisational resources in order to deal with the issue. Many organisations are great at preparing for those expected events - this is a typical budgetary approach where set expenditures are anticipated and funds allocated.
But how do you prepare for the unexpected events? Too few organisations allow themselves the structural flexibility required to deal with the surprise event. In almost all cases, those organisations will lack any formal or even informal approach to environmental scanning and the end result is an inability to spot emerging issues, opportunities and challenges. Because of this missing capability, enabling a strategic or operational plan to be flexible is lacking.
And that spells trouble. The key then is to ensure you generate a formal and informal model for capturing emerging signs of potential change. Only then will your strategic plans have the kind of flexibility needed to deal with the unexpected
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Events
Thursday 31 March 2022
One of the great challenges with running any organisation is keeping it on track. Strateic Planning is not about fixed methods - it's about a focus on outcomes
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Monday 11 October 2021
Interesting emerging dynamic about to land on the shop fronts of Australian retailers that pose serious risks to their staff. And few retailers are ready
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Tuesday 7 September 2021
You'll have seen, heard or read some of my thoughts on the lab grown proteins from firms like #ImpossibleFoods or #BeyondMeat. Now the food we eat is a direct climate change contributor and for anyone in those sectors, you need to play for the change that is most definitely coming
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