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More solid stuff from Kaplan and Norton, which moves on somewhat from their balanced scorecard + strategy maps ideas. The Execution Premium points out “Strategy that does not link to operations is not strategic. It’s just pointless planning.” and goes on to outline how to plan operations to deliver the strategy – a notable omission from most business school strategy classes.
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I see Harvard Business Review has got out a section on ‘Unconventional Wisdom in a Downturn‘ from their team of bloggers. It offers some good pointers, but not all, so be careful!
‘Protect Strategic Expenditures’ say Robert Kaplan and David Norton
Yes of course it’s foolish to kill efforts and investments that are important to medium- to long-term performance, assuming you can survive in the meantime! But during good times, many organisations raced after all kinds of exciting opportunities like children grabbing more ...
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