On Point
Our appetite for simplicity should not override our need to be thorough, especially when the future of a company is at stake. Void of research and planning, many companies make hasty and ill-advised decisions that adversely impact their enterprise value.
Challenge:
In a world where CEOs are overcaffeinated, stressed and time-starved, many have been romanced by easy-to-use strategic templates that yield a quick-and-dirty business strategy. However, downloading a template tends to promote short-sighted thinking and poorly-executed strategies. The result is often something closer to a short-term operational plan than a true strategy.
Result and client benefits:
Vistage members are focusing more and more on execution, as well they should. Hiring the wrong people or implementing an ERP based on faulty assumptions can be costly.