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Title: The annual budgeting process – the "ritual rain dance" Companies start early to prepare the next year’s budgets. Normally there is a pre-process during the spring or summer where the foundations are laid. In September or October the real inauguration starts. At this time of the year you cannot get people in the finance department to attend seminars, arrange business meetings, or discuss business. One time I peeked into a company to find out what they were doing at this time of the year, since they did not have time to do business. Then I discovered the ritual rain…
Title: Creating arenas for employees to connect to strategy There is a lot of unrealized value in your organization, especially employees who are close to customer and customer requirements. They have a lot of valuable input to product and product strategy. It is therefore important that each company create some sort of ”strategy connection station” where people can "plug in" and share their views on product, product strategies, processes, etc. Most companies lack arenas for this type of discussion. It is no wonder that only 5% of employees understand their company’s strategy. Author : Tor Inge Vasshus Source: http://blog.corporater.com Explore…
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