Assessment of the situation to devise a game plan for things to come to fruition.

the ceo magazine, strategy
Fred J. Conforti, Author, Beyond Goals…Beyond LEAN

In the previous article we talked about needing a vision for the future. We also outlined the typical shortcomings keeping any company from being the best it can be.

the ceo magazine, strategy
Rick Norris

My uncle Wayne raced Indian motorcycles in the 1930s.  One of his projects was refurbishing a 1936 Indian Scout, though his sons Wayne and Bart ultimately completed the project. To do so, they had to take inventory of the bike and plan the tasks of obtaining the parts and executing the labor.  The end result purred.  However, now built, where was the bike going to take them?

In my experience, small and medium-sized businesses approach their enterprises the same way Wayne and Bart approached their hobby.  They look within their businesses and try to fix what’s wrong in order to get it running smoothly. 

Jerry W. Thomas, CEO, Decision Analyst Inc. 

You are not feeling well, so you visit your friendly family doctor. He puts you in a new, electronic scanner and generates 28 trillion measurements of your temperature all over the surface of your body. He then saves all of these big-data measurements and, using advanced statistical algorithms and supercomputers, announces that your temperature is 98.6 degrees Fahrenheit. What a relief! Big data to the rescue.

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