with The Strategy Guy
Last month I was delighted to provide a presentation to an Advance Queensland Forum on Financial Strategies for High Growth Enterprises. On this occasion I shared the stage with three other high-profile presenters including Dr Sarah Pearson, Innovation Lead and Deputy Director-General Innovation from the Department of State Development, Tourism and Innovation. The Q&A session that followed highlighted the diversity of Queensland’s innovation ecosystem and the positive outcomes that the Queensland Government’s Advance Queensland initiative is achieving for the State’s economic growth and future jobs.
In my talk, I shared strategic priorities and financial tactics for both scale-up and long-term success. During the life of a successful enterprise, there are periods when there is plenty of money around and periods when outside capital is needed. Great investments are those that increase the functionality of the team, help enhance a firm’s on-going...
My daughter Lauren, who illustrated my latest strategy book, dropped in today to practice dinosaur face painting. On me!
Today many businesses are realizing that their current strategy won’t last forever. The terrain keeps changing. One day, solid rock will become quicksand. Ask any former Kodak, Sears, Borders, or Blockbuster executive. Recently, paleontologists excavated a whole pack of carnivorous dinosaurs that chased some plant-eating dinosaurs into an area of quicksand, where they all sank.
The Strategy eBook will stop your firm from getting stuck in quicksand.
Many businesses thinking about tomorrow realise that they need a formula for success in the digital economy. New machines are not just coming up with answers. They are finding the questions. Supercomputers, big data, and machine learning are predicting many of life’s events before they happen. As the line between human and artificial intelligence merges, I see that businesses are becoming more digital or...
Global leadership is in crisis.
It is difficult to find examples of good strategic leadership anywhere.
From a laundry list including Boris Johnson, Donald Trump, Benjamin Netanyahu, Vladimir Putin, and Xi Jinping, one might mistake incompetence, bribery, corruption, embezzlement, ethnic cleansing and genocide as valid strategies for top leaders.
Oligarchic business leaders like Amazon's Bezos and Facebook's Zuckerberg, simply offer unpalatable examples. Despite his immense wealth, Bezos lacks the philanthropic generosity shared by many who give generously despite having very little. Zuckerberg has us addicted to two and a half hours of social media per day and repeatedly violates our trust and privacy in his pursuit of profit.
Young Swedish environmental activist, Greta Thunberg's 2019 address to the United Nations could well have been addressed to business leaders:
"You have stolen my dreams and my childhood with your empty words. And yet I'm one of the lucky ones. People are...