My last post noted that hypothesis-testing is recommended as a scientific and efficient method for developing strategy – or maybe figuring out what’s going wrong. But that post […]
Strategy
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Hypothesis-driven strategy building – we can do better
A few times in the past, experienced consultants have told me how they use a “hypothesis-driven” approach to figure out strategy recommendations for clients. In summary, this means […]
Strategy
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The rigorous modeling process follows the Pyramid Principle
My last post “Get buy-in with the Pyramid Principle” explained a process to win support for important conclusions or recommendations … start with the key recommendation, or issue […]
Strategy
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McKinsey and the strategic CFO
McKinsey reports on the increasingly strategic role that CFOs, but that needs dynamic business models.
Strategy
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Process models -v- dynamic models – related but different
Most executives probably think of “process models” to capture how a business works. These descriptive models lay out what is done to the things in the system. Dynamic models, define and quantify those things themselves, and show how their scale changes over time – with considerable benefits over proce3ss models.