by Jim Schleckser | Aug 13, 2024 | Business, Culture, Decision Making, Strategy
When it comes to strategic success and executing strategy, the research is conclusive: it’s successful only about 50% of the time. This means that the time and effort you and your team invested in crafting that innovative growth strategy often either fell short...
by Jim Schleckser | Jul 2, 2024 | Acquisitions, Business, Decision Making, Growth, Strategy
Data analytics has become essential for businesses of all sizes. Once primarily the domain of large corporations, smaller businesses have now embraced data-driven decision-making. The influence of books like *Moneyball* by Michael Lewis has shown how data analytics...
by Jim Schleckser | Mar 12, 2024 | Entrepreneur, Growth, Marketing, Sales, Strategy
Numerous examples exist of management processes built on flawed assumptions. These often lead to misallocation of resources and wasted effort. In pursuit of elusive goals, management can inadvertently tie the organization in knots. The biggest fallacy along these...
by Jim Schleckser | Dec 12, 2023 | Entrepreneur, Leadership, Raising Capital, Strategy
Research indicates that approximately 90 percent of U.S. firms utilize a strategic management system in some capacity. In essence, they employ a system to gauge their advancement towards the strategic objectives they’ve established. Whether it’s through...
by Jim Schleckser | Nov 14, 2023 | Entrepreneur, Growth, Management, Strategy
Typically, during their initial phases, businesses tend to be exceptionally creative with minimal rules or low rule density. Their guiding principles might encompass aspects like prioritizing customer satisfaction, and encapsulating the essence of their operations....
by Jim Schleckser | Oct 31, 2023 | Business, Entrepreneur, Leadership, Strategy
I have previously discussed strategic positioning and how your organization can adopt various models or archetypes to secure a competitive edge. But there’s another way to think about your strategic position in the market from the inside out. In other words,...
