When we think about strategy, we tend to focus on the commercial sector, where companies have pretty much free rein to invest, restructure and divest in their quest for increased shareholder returns. But strategy is just as important for the public and not-for-profit sectors. If not more so.
Continue reading “Strategy isn’t just for the private sector”Category: Strategy
Strategic planning when anything could happen
Long-term planning in the world as it stands at the moment might seem like a bit of a mug’s game. But that’s not because things change. Change, after all, is to be expected. Rather, it’s because everything’s changing. And it’s changing a lot. We can’t take anything for granted any more. This doesn’t mean that we shouldn’t bother with long-term plans, though. It just means that we need to approach them in a different way.
Continue reading “Strategic planning when anything could happen”Business models in a changing world
I think I’m in the same boat as pretty much everyone on the planet when I say that this year isn’t turning out quite how I thought it would. And like pretty much everyone else, I also don’t know whether the current crisis represents a temporary diversion from business as usual or a more profound and permanent change. What I do know, though, is that if it turns out to be the latter, some of our organisational business models are going to struggle. And they’ll need to adapt – quickly – if organisations are to survive. Continue reading “Business models in a changing world”
Rethinking what’s important
Earlier this month, the leaders of some of the United States’s biggest corporations changed their definition of what a company is all about. This revelation may not seem of interest to anyone other than accountants. But if these individuals deliver actions to match their words, it could potentially be huge. And we’ll all feel the impact.
Turning a hobby into a living
Making a living from their hobby is the dream of many craftspeople. In a slight change of pace, I explore here how they can turn this dream into reality. I’ve focused on woodland crafts because, as an amateur green woodworker, that’s what I know about. But the lessons are the same for pretty much anyone wanting to turn pro.
As our jobs become more stressful and less secure, an increasing number of us spend our few idle moments wondering what it would be like to jack in the day job and make a living by doing something that we truly love. Whether it is managing a woodland, making chairs or carving spoons, the thought of using our skills to create an exciting and profitable business holds many of us in its thrall. But what would it be like to turn our hobby into our livelihood? And how can we make it happen? Continue reading “Turning a hobby into a living”