Insights

Our latest contribution on growth, execution,
simplification and related business topics.

How Do You Know If You Have An Effective Strategic Planning Process?

Companies spend significant resources on strategic planning every year.  Six months to a year into it, many find out that they are no closer to executing their strategy and achieving results than […]

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Is blockchain technology the right choice for your company?

Blockchain is essentially a shared ledger system, a digital one that can significantly streamline and protect all identities and transactions. Its advent is in full swing as blockchain is having an outsized […]

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Strategy Execution: How Are You Measuring Organizational Alignment?

Organizational alignment needs to satisfy two performance objectives.  The first is to adapt the organization to the market and its ever-changing conditions. We refer to this objective as market adaptation.  In addition, […]

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Effective Strategic Planning: Beyond SWOT Analysis

SWOT Analysis is a core tool of the strategic planning process.  Its purpose is to identify a company’s strengths, weaknesses, opportunities and threats.  In its basic form, it may appear trivial and limited.  A […]

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The Importance of Explicit Accountabilities

Accountability is the foundation that defines how we commit to activities, track our performance, behave in a team, relate when mishaps occur, and the level of responsibility we take for getting things […]

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Effective Strategic Planning: 5 Steps to Build Consensus

The strategic planning process translates the long-term objectives of the firm into short-term “strategic” operating initiatives. In so doing, executive management must build company-wide consensus to get managers and employees onboard.  Unquestionably, […]

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Industry Analysis: Know where to play

Opportunistic acquisitions don’t always create value – strategic acquisitions do. Winning companies don’t jump to candidate targets right away. They form a deep understanding of the industry, its players, and the strategic […]

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U.S. Quarterly Economic Update and Strategic Implications (Q2 2019)

Great Prairie Group follows the performance of the U.S. economy and publishes a quarterly overview with a dashboard of indicators and implications for business.

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Organizational Alignment: Why Clear Decision Rights Matter

The decisions involved in the execution of strategy usually require the organizational alignment of many people.  For large organizations, the responsibilities of decision-making can span several departments working in collaboration.  Lack of […]

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Organizational Alignment: Why Fewer Layers of Management Are Better

Organizational alignment can help with the execution of strategy.  A well-designed organization typically aims for a lean structure that can reflect the strategy closely.  The lean organizational design builds on few management […]

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