Sunday, February 05, 2006

Corporate governance - competitive disadvantage . . .?


The trick now of course is to find out what the strategy is and make proposals within it, right or wrong, lets hope the strategy setters are right! Sayang

An’t do it, its not strategic . . ." which roughly translated means "regardless of the merits of this proposal, be it for investment or for development aid, we didn’t think of it before and didn’t include it in our plans and budgets and therefore will not waste any more (of our extremely valuable) time in considering it." The bigger the organization the more hamstrung they are by their "strategic plans" which frequently cover 3-, 5- or 10-year horizons.

An essential companion to the strategic plan is of course the "checklist," a tick in every box means you must have done it correctly and therefore will be blameless if things turn out unexpectedly. To have conformed slavishly to the mandated process is today seen as far more important than to have achieved a good result.

See full Article.