Founded by David Norton and Robert Kaplan, The Balanced Scorecard Management System has been heralded as a transformational business tool for the past 20 years. The short version? The Balanced Scorecard management system essentially ties day-to-day activities or short-term actions to long-term strategic objectives. The approach...
It's during turbulent times, whether it be the current global economic situation or in times of industry or organization crisis, that CEOs have a tremendous opportunity to pull the people in their organization together towards a common goal. As Francois De La Rochefoucauld said, "there...
At ViRTUS our Wildly Courageous Decision (WCD) is to become the Apple of the consulting world. I've been asked numerous times to go into more detail about the process of defining a WCD. First off, the Wildly Courageous Decision is actually a blend of two different...
The CEO of one of the companies we work with asked me this question over email yesterday: "Should a short term economic condition (or is it) affect strategic direction?" I decided to share my answer since I know this question is on the minds of many...