One of the concepts I really like from the book “Playing to Win” by A.G. Lafley (Procter and Gamble CEO) and Roger Martin is their strategy “sniff test”. I have found the sniff test to be a useful tool to quickly determine whether an organization understands what a “real strategy” is and whether or not…
Many companies claim to have a strategy, but all they have done is an exercise in goal setting. This is a mistake. Here’s how to create a “real” strategy. Research from the Harvard business school shows that (up to) 90% of strategies fail due to poor execution. This assumes your company even has a “real”…
KPIs vs. OKRs. Talk about alphabet soup! What do these 3 letter acronyms mean, and what exactly is the difference? Lately, a number of clients have asked about the difference between OKRs (Objectives and Key Results) and KPIs (Key Performance Indicators), so what exactly is the difference? The OKR acronym has been getting some press…