Back to Home
 
 

Featured Comments
Press Mentions
recent press
Back to 2006

Two More CEO Ousters Underscore the Need For Better Strategizing

By Carol Hymowitz
The Wall Street Journal, September 11, 2006
(excerpt)

Companies still wedded to traditional planning each year make just 2 1/2 decisions that are "major," that is, with the potential to boost profits by at least 10%, according to a survey of 156 large companies by Marakon Associates. By contrast, companies that spotlight a few priorities and regularly hold strategy discussions – instead of reviewing scores of business unit plans all at once – make more than six big decisions each year, the study found.