061+EPM+Review

[|Portal for Enterprise Performance Management need]

Navigation by the stars  There is an old quote that goes like this: "The old sailors steered by the stars, not to get there, but to keep a steady course" . This wisdom can also be applied by businesses. Our vision, mission and long term goals function as the stars. Even if you don't get there they help to keep a steady course for your company and to make sure you move in the right direction. Nowadays companies are taken aback by the short term winds and streams in the "business oceans" - and start to diverge from their original course and purpose. New seamen are set as captains, and new routes are planned. But probably we should lift our heads and navigate by the more long term vision, mission and goals of your company and "trust" the stars.
 * Author : Tor Inge Vasshus, CEO, Corporater, Inc. **

DATA, DATA is everywhere ........



Culture eats Strategy for lunch

If we just compare the power structure of it, you will see who wins:Culture Strategy Why culture wins and eats strategy:Emotional Rational/ logical Emotions are strong. Just think of the power that is released in people when it comes to the emotions of 'love' and 'heart'Based on the past Based on the future Most organizations (read people) are making decisions based on past experience. You can never re-do your past - but you can certainly change your future. People driven Business driven Most people tend to do what is best for them - not what is best for the company. We can ask "are employees working for the company to prosper, or is the company made for the people to prosper?". In most organizations people have enormous power (informal power) So, when you see the power balance between culture and strategy - I think it is time that we take the "alignment" part more seriously. Not only aligning and giving part of the strategy to individuals, but really aligning the company’s culture with its strategy. If not done properly culture will eat strategy not only for breakfast but for lunch and dinner as well ! Enjoy your meal...Author : Tor Inge Vasshus, CEO, Corporater, Inc. More Cartoons