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Strategic Discipline Blog

Your Business Culture Creates Belief Structure

Posted by Douglas Wick on Wed, Feb 19, 2014

Do you believe you’re a prisoner to your genes?  Is your family’s past afflictions, diseases, and maladies a prediction of your future? 

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Topics: Acute Myeloid Luekemia, Business Growth, People, Grow: How Ideals Power Growth and Profit at the Wo, The Advantage, Business Culture, competitive advantage, Breaking the Habit of Being Yourself: How to Lose

One Phrase Strategy – Seven Strata of Strategy

Posted by Douglas Wick on Thu, Jan 9, 2014

In Cascade Your Annual Strategy & Planning we noted statistics from a recent leadership survey reported 92% of CEO’s feel their leadership team can communicate their strategy.   The same survey revealed that only 2% of their leadership team actually could! 

Simplifying your strategy into 35 words or less as we recommend in developing Your Strategy Statement is the first step to accomplishing this intention of a One Phrase Strategy. 

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Topics: Business Growth, strategy, The Advantage, Southwest Airlines, Strategy Statement

Does Your Company Wear Its Culture?

Posted by Douglas Wick on Mon, May 27, 2013

Do you display your company’s Core Values in your business?   Where?  Does everyone in your company to see them on a regular basis each day?  Do you have a War Room, or a public place where elements of your business like this, Strategy Statement, Core Purpose/Mission, Brand Promise are prominently on display?

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Topics: Core Values, Core Purpose, Grow: How Ideals Power Growth and Profit at the Wo, The Advantage, Business Culture, How to Motivate Employees

Dashboard and Six Questions Build Clarity

Posted by Douglas Wick on Mon, Mar 18, 2013

Can a simple Dashboard provide clarity for your organization?  In The High Ground – Your Dashboard I provided an example of a business dashboard that contain both the quarterly priorities and key financial benchmarks for the company.  These would include revenue, sales costs, Cost of Goods, Overhead Costs, Net Profit, Break-Even Analysis, Cost per Full-Time Equivalent, Cash Flow and Accounts Receivables.  If you’d like to see this Excel example, send me an email with Sample Financial Dashboard in the subject line.  

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Topics: success criteria, Business Dashboards, The Advantage

Core Values Clarity – Building a Healthy Organization

Posted by Douglas Wick on Thu, Mar 14, 2013

Wouldn’t it be great to have a filter on your hiring and recruiting process that could tell you whether your candidates fit your business? 

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Topics: Core Values, Patrick Lencioni, Jim Collins, Business Vision, The Advantage, Business Culture

Jim Collins or Patrick Lencioni’s Vision of Core Values

Posted by Douglas Wick on Mon, Mar 11, 2013

This morning during our monthly meeting one of my client’s debated their Core Values.  A year ago they completed them and after reading Patrick Lencioni’s book The Advantage, the owner determined that it would make sense to revisit them based on the definitions of Core Values that Patrick Lencioni had defined in this book. 

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Topics: Core Values, Built to Last, Patrick Lencioni, Jim Collins, The Advantage

Can You Say Your Strategy is in 35 Words?

Posted by Douglas Wick on Fri, Mar 1, 2013

What would mean to your business if everyone in your company knew exactly what direction it’s headed toward?

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Topics: Business Vision, The Advantage, Strategy Statement, Can You Say What Your Strategy Is

Without Top Priority “Whirlwind” Wins

Posted by Douglas Wick on Mon, Feb 4, 2013

Who is the real enemy of execution?  It’s your day job!

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Topics: Accountability, Strategic Discipline, whirlwind of business, employee performance, Business Dashboards, The Advantage, Alignment, Execution, 4 Disciplines of Execution, business clarity

Core Purpose Importance –Southwest Airlines Example

Posted by Douglas Wick on Mon, Sep 17, 2012

A critical component of the One Page Strategic Plan is determining Your Core Purpose.  In Patrick Lencioni’s recent book The Advantage he pronounces clarity as being critical to business growth.   To achieve this he asks six questions about your company.    The first one, "Why do we exist?" is possibly the most challenging and difficult for a business to agree upon without a leadership team’s dedication, effort and the ability to resolve conflict.  And it simply won’t be achieved without the CEO making the commitment first.

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Topics: People, One Page Strategic Plan, Patrick Lencioni, The Advantage, Southwest Airlines Core Purpose

Appreciation Or Progress Which Improves Employee Performance?

Posted by Douglas Wick on Mon, Jul 30, 2012

Recently I’ve had a lot to be thankful for (See Faith, Quantum Physics, and Stockdale Paradox and Lack of Discipline: Workaholism – Good News/Bad News).  I confess that there have been more than I few moments when I’ve broken down in tears sitting with my family or my wife simply because it feels so good to be home, to be with them and to know that the cancer that had been constantly challenging me is in remission. 

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Topics: employee performance, Patrick Lencioni, Organizational Health, The Advantage, How to Motivate Employees, human behavior performance

 

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Certified Gazelles Coach

Doug Wick, President

Positioning Systems

 

The Strategic Discipline Blog focuses on small to midsize business owners with a ravenous appetite to improve his or her leadership skills and business results.

Our 3 disciplines include:

- Priorities
- Metrics
- Meeting Rhythms

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