Blog Archives

The Core of Strategic Planning: The Difference Between Mission, Vision, Values, and Priorities

Five Levels of Abstraction in Strategy Planning and Execution. From Vision, Mission, and Core Values to Strategic Priorities (Themes), Strategy Maps, Business Goals, and KPIs.

A short, action-oriented explanation of what mission, vision, core values, and strategic priorities are. The way to use them to improve strategic planning and execution. There are different levels of abstraction for strategic planning: Level 1. Mission, Vision, Core Values Level 2. Strategic Priorities or Themes Level 3. Business Goals

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Posted in Strategy Planning and Mapping

Strategy Map Wizard – Balanced Scorecard in 6 Minutes

Goals and KPIs created with strategy wizard

Online wizard will help even inexperienced users to create a professional strategy map with business goals, KPIs, and initiatives. Start Wizard! Answer simple questions – build a professional strategy map in 6 minutes. Designing a Good Strategy Scorecard is a Challenge Strategy or Balanced Scorecard is a popular tool for

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Posted in Strategy Planning and Mapping

Strategy Map Template – PDF Download or Online

Strategy map template

Here you will find a print-friendly template of a strategy map. Use it to brainstorm new strategic ideas for your organization. Download PDF Template Getting Started Instructions 10 Strategy Map Examples I like the way BSC Designer software deals with strategy maps, but sometimes for the brainstorming sessions it is

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Posted in Strategy Planning and Mapping

You’re Doing It Wrong: Strategic vs. Operational Goals

[Infographic] You’re Doing It Wrong: Strategic vs. Operational Goals

¨A goal is a dream with a deadline.¨ Napoleon Hill  Any organization needs to have a strategy and respective strategic goals, however, on most strategy maps the focus is on incremental operational objectives that can rarely result into sustainable profitability.  Key topics of the article: Introduction 6-Point Checklist: Strategic vs. Operation Goal

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Posted in Strategy Planning and Mapping

Strategic Planning: 5 Steps to Prepare Business Strategy for an Execution

5 steps to prepare business strategy for an execution

Learn the five steps of the strategy planning process from mission definition and business hypothesis to strategy mapping and cascading. We often hear business professionals talking about vision, mission, strategy maps, SWOT analysis, risk management, or using strategy execution frameworks like Balanced Scorecard. All these business tools help to understand

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Posted in Strategy Planning and Mapping

Strategy Maps: A Guide for Getting Started

Today, strategy map has an image similar to a business treasure map, a kind of a business road map that is supposed to lead any organization to imminent success.

Today, strategy map has an image similar to a business treasure map, a kind of a business road map that is supposed to lead any organization to imminent success. Managers like to have page-size diagrams in PowerPoint that are proudly called strategy maps. As one can imagine, those strategy maps have nothing to do

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Posted in Strategy Planning and Mapping

A Journey From a Bad KPI to an Excellent Strategy

A journey from a bad KPI to an excellent strategy

I was reached by a potential client from a Spain-based manufacturing company. He asked me for advice about a better kind of KPI. After a short review of the situation we agreed to have a short Skype session. At the scheduled time, Pablo called me. We exchanged impressions about living and

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Posted in Strategy Planning and Mapping