Stats don’t lie. The research of Professor Paul Nutt of Ohio State University into nearly 400 strategic decisions by major corporations showed that a mere 50% of decisions were successful. I think much of it can be explained because the leadership were implementing in the dark. Organisations develop their own way of doing things. It’s
Sorry. You can’t foolproof implementation of your strategy. No matter how good it is. You can however, give it a much better shot whilst battling those underlying intangible forces that dictate an organisation’s ability to outperform others that I wrote about last week. One option is Red Teaming which I wrote about a few weeks ago. That
Last week I wrote about corporate high performance units. Today I write about their biggest challenge: Battling the underlying intangible forces that dictate an organisation’s ability to outperform others. Every organisation is made up of people making decisions to fulfil a purpose. Simple isn’t it? If only it were so. As I have often written,
Sport learns from business and business learns from sport. The time is now for corporates to adopt from sport, wholeheartedly, the concept of High Performance Units. I say wholeheartedly because I hear “high performance” used in corporates often. However, I rarely see anything new and exciting. A High Performance Unit (HPU) in sport is the
It is a question that’s difficult to answer, however, let me ask it anyway: “Why will otherwise perfectly rational people ignore risk?” I’m not talking about thrill-seekers who love the adrenalin rush of high-risk outdoor pursuits such as base jumping, where there is no reserve parachute as there is no time to deploy one if