Preview In our busy day to day work life, we can easily forget that the main reason why companies exist is to fulfil their purpose and vision. According to the article “Building your company’s vision” by Collins and Porras (1996), a company’s vision exists from core values, core purpose, a BHAG (big, hairy, audacious goal) and a vivid description. In principle anything a company and its … Continue reading A Planning Framework in Support of a Company Vision
We all question our performance and abilities sometimes. If we dwell on this for too long, this might decrease our confidence. Confidence is a measurable attribute of Mental Toughness and it can be influenced and improved. The confidence attribute of Mental Toughness has two elements: Confidence in own abilities Interpersonal confidence Individuals with confidence and Mental Toughness perform better under pressure and generally have better … Continue reading 9½ Tips to Build your Confidence
Your company has a strategy. Are you confident it is ready to be deployed and executed? Most likely not, as 60%-90% of strategy implementations fail and only 14% of executives are satisfied with the execution of a strategy. This post introduces a framework to assess your company’s strategy execution readiness, in order to align leaders around how to bridge your strategy to execution gaps. Before … Continue reading How to get Ready to Execute your Company Strategy
Grit, according to Angela Duckworth, is ‘perseverance and passion for long term goals’. Duckworth is a former McKinsey consultant who turned professor. One of her break through insights was that at the elite United States Military Academy, West Point, a cadet’s Grit score was the best predictor of success in the rigorous summer training. Grit mattered more than intelligence, leadership ability or physical fitness. You … Continue reading Do you have enough passion to show GRIT?
Mentally Tough individuals show resilience and automatically apply coping mechanisms to reduce or eliminate stressors. These coping mechanisms come natural to some, not to others, but the good news is they can be learned. Coping mechanisms are useful in the workplace when one has to perform and deal with stress. Workplace stress can be severe due to workplace changes, mergers and acquisitions, organizational changes, a … Continue reading 14 ways to cope and build Mental Toughness
There is no doubt that over the years, Sales & Operations Planning (S&OP) has brought companies around the world many valuable business improvements. This article argues that after existing for over 30 years, the development of S&OP as an end to end business management process method has come to a standstill. This standstill is threatening the very existence of S&OP. The only way to further … Continue reading The rise and fall of S&OP
As a follow up from my last blog on the right brain chasm in supply chain and S&OP, you can find here my presentation on Changing & sustaining S&OP from the March 2013 Australian S&OP conference. A quick guide to go with this presentation. The biggest change required for proper S&OP or in general for agile decision making is horizontal thinking. Information never sits in one function, … Continue reading Leading in changing and sustaining S&OP