SOLYP-Blog

More Motivation for Meetings: How to Optimize Your Meeting Culture and Get Out of the Time Trap

on September 21, 2018

Many know the feeling all too well that the sheer number of meetings prevents them from getting their regular tasks done. In fact, research by Bain has revealed that many office workers spend up to 50 percent of their working time in meetings. Since there are so many meetings to attend, neglecting other things cannot be neglected – this causes frustration. Moreover, meetings quite frequently don‘t lead to any considerable results. 

10 Tips for Successful Strategy Workshops

on July 11, 2016

Organizing and conducting workshops is challenging; particularly when it comes to addressing such important issues as corporate strategy development and implementation. After all, the results of strategy workshops can have major impact on the company’s future performance—positively or negatively. New business ideas developed in workshops can lead to continued success in the market place. Half-hearted, subjective analyses, on the other hand, can cause wrong assessments of changes in the business environment and, subsequently, missing out on key trends and opportunities. Therefore, here are 10 tips on how to get the most out of your next strategy workshop.

New Research Shows: Public Presentations on Strategy by New CEOs Benefit Companies

on February 22, 2016

The times when corporate strategies were strictly confidential and only known to a small circle of top executives are gone for good. Not only employees and customers,but also investors are increasingly demanding transparency regarding the future goals and plans of companies – and not at all to the disadvantage of the companies.

Common Strategic Planning Mistakes – Part 2

on November 12, 2012

In the first part of this two-part blog post, we examined common mistakes made in strategy development. Today, we want to explore another set of common mistakes that occur during strategy execution and show you how to avoid them.

Success Factors of Strategic Planning – Expert Check, Part 6

on October 05, 2015

In the relevant management literature, the distribution of knowledge within companies is often described with a metaphor which sounds plausible, particularly after the summer holidays: knowledge tends to form islands—in the minds of employees, that is. What sounds like a sunny working climate actually holds some serious risks. After all, islands are not connected to the mainland; they may go under and disappear from the map. Less metaphorically speaking: the brightest minds with the most technical expertise may stay aside the communication flows of their organizations, unable or unwilling to contribute to strategy processes. In the worst case, they may even leave the company along with all their know-how.What does the island-like distribution of knowledge mean for the strategy process of your organization? How can a uniform, communicative, and purposeful strategy process “bring on board” everyone responsible and benefit from their knowledge?

How Can Cultural Diversity Contribute to Innovative Strategy Development? - A Guest Column by Danaë Huijser

on September 02, 2013

Strategy formation in a cross-cultural context is the norm in the current global business environment; an environment where the only constant is change itself and complexity increases every day. In order to deal with these dynamic circumstances, flexibility on a strategic level is crucial. Continuous innovation in this environment is paramount. Diversity in strategic perspectives is one way to achieve this.

Strategic Storytelling: How Fiction Becomes Reality

on November 28, 2013

Increasing market share by 5%, cutting production costs by 10%, developing new business segments, investing in R&D projects -Sounds familiar? Well, that’s hardly surprising, as most strategic plans consist of such lists of goals and measures. The bullet list format is still standard, although the problems associated with it have been well-known for quite some time.

Follow-up on the Chief Strategy Officer Summit in London

on May 06, 2014

Last week, more than two hundred strategy professionals from around the world gathered at the Chief Strategy Office Summit in London to discuss current challenges in strategy work and share their experiences and best practices. Both the list of speakers and the list of participants were rather impressive. Among the participants were many renowned global companies, such as Airbus, BP, Pfizer, Sony, Hewlett Packard, Rolls-Royce, PepsiCo, Statoil, Aviva, and TUI Travel. Speakers included the chief strategists of Siemens, Philips, GE, Skype, Nokia, Twitter, and Sky News, among others. As a specialist for the digitization of strategic management processes, SOLYP took part in the event as well.

Follow-up on the 14th Annual Conference for Strategic Management

on May 13, 2014

On May 8th 2014, the time had come again: Strategy experts from all over German headed to Stuttgart to join the traditional Annual Conference for Strategic Management which was hosted by Horváth & Partners for already the 14th time. As in the previous two years, SOLYP served again as event partner. The motto of the one-day event was: “Making Strategy Tangible - Participation, Communication, and Commitment as Key to Successful Strategy Work"

How to Use "Thought Leadership" to Gain Competitive Advantage

on September 03, 2014

What do have companies like IBM, Philips, Unilever (Dove), and McKinsey & Company in common? They are all considered thought leaders within their industries. A position which they have attained over many years through large-scale content management programs and hard, dedicated work. But what exactly is it that distinguishes these few "true" thought leaders from the majority of self-proclaimed and wannabe thought leaders who use various publishing channels to convince potential customers of their skills and know-how?

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