How does money flow through your organization? How do customers flow through your business?
Read MoreStrategic Discipline Blog
Topics: leading indicators, Profit per X, 3HAG WAY, KFFM (Key Function Flow Map)
Fred Smith’s vision and focus helped drive FedEx to become one of the most successful companies in the world.
Read MoreTopics: Profit per X, Hedgehog Concept, Business Driver, KFFM (Key Function Flow Map), FedEx
Double Bonus – Customer Discovers X Factor and Profit Per X
Posted by Douglas A Wick on Mon, Aug 29, 2016
Topics: Profit per X, Hedgehog Concept, X Factor, Scaling Up Workshops
Topics: Good to Great, Core Purpose, Jim Collins, Profit per X, Hedgehog Concept, Brand Promise
Creating your BHAG (Big Hairy Audacious Goal) as Jim Collins describes and shares, is an iterative process. It rarely is achieved in a few meetings, or without completing several very important milestones for your business. Included in these are these three elements of your Hedgehog Concept: Core Purpose, Profit Per X and Brand Promise.
Read MoreTopics: Core Purpose, The Inside Advantage, WHO WHAT HOW The Inside Advantage, Profit per X, Hedgehog Concept, Brand Promise, BHAG
My plan for this blog originally was the irony of freedom. The past three days working with an enthusiastic and dedicated group of leaders from a new customer who started with me in February for a private two day Rockefeller Habits Workshop. They’d previously attended the Four Decision Workshop in November.
Topics: quarterly meetings, Core Purpose, Profit per X, Hedgehog Concept, BHAG, Core Competencies, quarterly plan, Quarterly Victories
Four Decisions Strategy –7 Strata, WHO, Brand Promise, Profit Per X
Posted by Douglas A Wick on Thu, Feb 19, 2015
We’re exploring the Four Decisions resources and Growth tools Positioning Systems and Gazelles coaches provide to our customer to help you become familiar with how you can ramp up the growth of your small to mid-sized business.
Topics: Four Decisions, strategy, Profit per X, Seven Strata of Strategy, Brand Promise, WHO
Step 7: Seven Strata of Strategy – Measure Profit per X and BHAG
Posted by Douglas A Wick on Mon, Jan 20, 2014
The final piece to the Seven Strata of Strategy is actually two pieces. Remember the Seven Strata of Strategy are from Mastering the Rockefeller Habits author, Verne Harnish. His Fortune Magazine article revealed from careful research following the last recession these specific strategies were key differentiators to increase revenue faster than competitors who didn’t have these key elements identified. Companies that had these seven strategies identified outpaced their competition even during the last recession.
Topics: strategy, Profit per X, Seven Strata of Strategy, BHAG
What’s Your Passion? What Are You Best At? (Hedgehog Concept)
Posted by Douglas A Wick on Mon, Nov 11, 2013
In The Hedgehog Concept we discussed the intersection of three circles that provide your One Thing Focus for the strategy of your business. Where do you find or discover the elements that comprise the three circles? If you’ve completed portions of your One Page Strategic Plan you’ll have made progress toward understanding what these are.
Topics: Core Purpose, Grow: How Ideals Power Growth and Profit at the Wo, Patrick Lencioni, Profit per X, Hedgehog Concept, Organizational Health, Brand Promise, BHAG, Brand Ideal
Topics: Good to Great, strategy, Profit per X, Hedgehog Concept, Seven Strata of Strategy