Category Archives: Strategy

A Simple Formula for Good Strategy: DP + 2(PI) = GS Part 2 – Problem Identification

Developing good strategy doesn’t require a complicated process. There is no denying that developing good strategy is hard work, but, the reality is, the formula is simple: Diverse Perspective + Problem Identification + Problem Investigation = Good Strategy.

The genesis of all good strategy is applying diverse perspective to properly defining and systematically investigating the problem. All three components overlap must be used; using any one or two components will result in incomplete strategy, the wrong strategy or no strategy at all.

This article focuses on the Problem Identification. Click here to see the article on Diverse Perspective and sign up here to get the next article on problem investigation.

Problem Identification

Einstein has been quoted as having said “if I had an hour to solve a problem and my life depended on the solution, I would spend the first 55 minutes determining the proper question to ask, for once I know the proper question, I could solve the problem in less than five minutes.

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A Simple Formula for Good Strategy: DP + 2(PI) = GS Part I – Diverse Perspective

Developing good strategy doesn’t require a complicated process. There is no denying that developing good strategy is hard work, but, the reality is, the formula is simple: Diverse Perspective + Problem Identification + Problem Investigation = Good Strategy.

The genesis of all good strategy is applying diverse perspective to properly defining and systematically investigating the problem. All three components overlap and must be used; using any one or two components will result in an incomplete strategy, the wrong strategy or no strategy at all.

This article focuses on the use of diverse perspective. Click here and sign up to get the next two articles on problem identification and problem investigation.

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Three Simple Steps to Keep Your Strategy Off the Bookshelf

The easiest way to create organizational change is to change the agenda. If getting your strategy to permeate your organization’s culture seems like a Herculean task, then this article might be for you. Although the end goal is to transform your organization into a strategic thinking entity that embodies your strategy, there are some simple steps…
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