Environment, Social and Governance (ESG) reporting and reducing carbon footprints are just the first steps in what is going to be a decades long initiative to mitigate and adapt to our climate crisis. Every business and every person will be impacted, and those impacts will continue for a long, long time. Continue reading
Category Archives: Strategy@Risk – Geary Sikich
#372 – CULTURE STILL EATS STRATEGY FOR BREAKFAST – BILL POMFRET PH.D.
Featured
It took us years to move from top-down to people-centric management, but the journey was worth it Peter Drucker once said, “Culture eats strategy for breakfast.” Throughout my career, I have spent a lot of time in the strategy room. But no matter what we decided there, until we got the organizational culture right, we were unsuccessful in executing our goals. Continue reading
#320 – TOO BIG TO FAIL: SUEZ CANAL RISKS – GEARY SIKICH
Featured
The Ever Given grounding in the Suez Canal is one of those events that will be labeled a “Black Swan” for sure. A rouge wind hits the ship turning the stern and wedging the vessel, bow and stern grounded straddling the canal and stranding ships entering from either end. The date Tuesday 23 March 2021. At around 7.40 a.m. local time the Ever Given ran aground. At nearly 200 feet wide and 1,300 feet long, it easily took up the width of the channel. Continue reading
#319 – STRATEGY FOCUSED MANAGEMENT SYSTEM IMPROVES PERFORMANCE – PATRICK OW
Featured
Organisations use different management systems to provide the required foundation to direct and control their activities to achieve their objectives.
When the organisational structure is complex, the organisation needs to develop a robust, practical, yet simplified, integrated management system. This strategy-focused integrated management system will fully integrate all relevant management practices and common touchpoints of the business into one coherent and synchronised management system. In doing so, it enables and drives the achievement of its corporate strategy and improve or drives performance. Continue reading
#306 – HERD STUPIDITY – GEARY SIKICH
Featured
Have you ever heard or uttered words, such as: “I am healthy; I eat healthy, I exercise and maintain my health. So, this COVID thing is not a concern. Besides, it only affects old people who are already sick with something else.” Or, “Masks are inconvenient to wear. Besides, I can’t hear what you are saying when I am wearing my mask”. Continue reading