Monday, November 22, 2010

 

Can your organization answer these seven strategy questions?

I highly recommend Robert Simons's book Seven Strategy Questions: A Simple Approach for Better Execution. It's worth the full read, but at minimum take time to read a summary of the seven questions on the HBS blog (full book summary here).

Here are the seven questions the book asks you to address and answer in your organization:

  1. Who is your primary customer?
  2. How do your core values prioritize shareholders, employees and customers?
  3. What critical performance variables are you tracking?
  4. What strategic boundaries have you set?
  5. How are you generating creative tension?
  6. How committed are your employees to helping each other?
  7. What strategic uncertainties keep you awake at night?

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