The bigger the risk, the bigger the reward. Elemental finance: you assume the amount of risk suitable for an expected payoff. …
Sales, finance, and human resources, only room for two at the table
Every business function is subordinated to either: sales, finance, or human resources. How can HR possibly have any impact when business is all about sales, brining in the money and finance making the best use of the money?
Innovation Boston and Budapest, or Dirty Water and the Blue Danube
13 years offers a great opportunity to revisit most relationships. At first blush, Boston and Budapest seem to have little to …
Risk is an unnecessary (p)art of the deal
To identify where risk is a real part of the investment deal you will commonly hear an equity firm or VC …
4 tips to use Twitter for project management
In my last post I presented a case to manage your projects as a business portfolio. As a project manager the …
Innovation, the technical risk to IQ
I see and read so much about offers to teach or facilitate innovation, but what is innovation? Innovation has less to …
Organization strategy and development – party like it’s 1969
Organizations are made up of people, more specifically teams of people who interact through multiple relationships and networks.
Just as people learn and change, organizations can cultivate people and team development to align and support an organization’s growth.
The VC’s missing formula: human capital discounted cash flow
Accounting assigns of assets and liabilities and financial management’s current or pro forma valuation both rely on art and interpretation more …
The devil in the details — the strategic plan
I find people have a tendency to become too involved too quickly with tactics. Tactics include what to buy, what to build, what to move. Strategy is why build, why buy, why move.
Much of your organization is involved in the detail of execution, it is illogical they are not strategically aligned. When your team discovers tactics they deliver align to organization goals there is clear purpose in what they do.
Purpose provides motivation.
The meat of the strategic planning process is the goals-objectives-actions value chain. People may have other definitions for goals, objectives, and actions, and bristle at the rigidity of the definitions, however, a single use for each term will remove interpretation and confusion.
Statistically, your strategy will fail
I recently ran across a statistics book and began to think about similarities to strategic planning. Statistics: a mathematical science pertaining …
How goals help us fail
March 15th I read an article in Boston’s Sunday Globe Ideas section on how goals have a dangerous side. The article …
Culture by design
Strategy meets people where they are. People connect in communities of interest more than ever, but the connected world demands the …







