A MngtBug is a problem, cause or impact in a human manager’s decision which produces an incorrect or unexpected result. Every other week we share a little bit of our knowledge base on social media and our newsletter. This week’s MngtBug is…
Have you ever seen this MngtBug? How did you solve it?
Share your story!
This week’s “Lack of Company Strategy” is one of the more impactful Management Bugs.
By definition, it means the lack of ability to: Envision the longer term; Adopt a broader view of the organization, seeing it in the context of its competition and the current economy; Define a distinctive, unique mission for the organization; Define the path by which the firm can grow in the long term; Repeatedly move the organization forward in creating greater value (extracted from https://www.forbes.com/sites/jackzenger/2016/04/21/is-a-lack-of-strategic-vision-holding-you-back/#608ddfcb23bb)
For every organization, team or group, we should always check if we have an identified, formalized and shared strategy to guarantee engagement.
This MngtBug has been mentioned in relation to a number of MngtFixes such as…
“Sales Strategy Definition”,
“Product Strategy Definition”,
“Company Strategy Follow-up”,
“Balanced Scorecard Implementation”,
“Team Building Events Implementation”,
“Marketing Strategy Definition”,
“Project Portfolio Implementation”,
and of course “Company Strategy Definition”!
Call to action
What about you? What do you want more or less of on medium post?
Do you have other suggestions?
I would love to know more about your feedback and stories so that we can learn, share and grow together!
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Have a nice week and remember…
Human Managers should strive to be humans while managing and be managed as humans!