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Strategic planning meetings are a controversial thing. They have a bit of a reputation to be just another fancy management trend. Nevertheless, good preparation and follow up can improve chances that the strategy meeting becomes a success which everybody is willing to repeat after a year or two. Read More

Strategists help businesses make their way into the future.
A consultant should have in-depth specialist knowledge, shouldn't he?
So a strategist is mostly expected to provide answers to existential questions.
The best strategist is the one who asks questions before he gives his Read More

Effectiveness and Efficiency – there is still a bit of confusion about this pair of terms. Sometimes, they are used interchangeably. One reason is that these terms often come together in a common context. An activity may be effective and efficient, effective or efficient, or neither of the two. Read More

Early indicators are a popular tool when it comes to planning and forecasting in business. “Prediction is very difficult, especially if it’s about the future”, as Nobel laureate Nils Bohr once said. Hence, managers and planners desperately search for some early signs that help to improve the qualit Read More

The job description of a strategist is manifold. Similarly, expectations on the strategist are diverse. Not surprisingly, these many facets are fairly contradictory. Hence, a strategist is torn between many worlds. Here are my pairs of opposites that constitute the framework for the strategist’s da Read More

Despite some downsides, many businesses use self-developed Excel sheets for strategic and financial planning. By following these proven best practices, you can minimize the problems and significantly increase the credibility of your model. Read More