Win the Budget Tournament

Organizations of all sizes play a similar game every year. Groups of talented, highly motivated men and women invest weeks, if not months, creating plans and budgets for the upcoming year. Then, as a friend of mine describes it, the tournament begins. And, like most competitions, there are winners and losers.

What's In Your Future?

Leaders are paid to see the future. As I’ve written before, seeing the unseen is at the core of our job description. However, we also live with the on-going awareness the future we see doesn’t exist yet; but we know it can, if we build it.

Trend or Issue?

I am very fortunate to work with some really smart people. This has many benefits, not the least of which is the opportunity to learn something everyday from my colleagues. In a recent planning meeting, we were discussing factors impacting our business and someone asked the question: “Is that a trend or an issue?”

Who Is Your Competition?

Who is your competition? It may not be who you think it is. I was reminded of this again recently as I read a Knowledge@Wharton interview with MasterCard CEO Ajay Banga. You might think MasterCard’s competition would be American Express or Citibank – no, Ajay says their competition is cash.

Here Today - Gone Tomorrow?

I had two experiences Saturday that reminded me of a little discussed responsibility of leaders - maintain relevance. We must not only work to stay relevant ourselves, we must help the brands and organizations we serve maintain relevance in a changing world.

How Important is Planning... Really?

At this stage in the growth of our organization, it feels like we are in perpetual planning mode. We literally have planning meetings at least 9 months out of every year! Not only have we been working on our 2014 plans, we’ve continued to work on our 2020 plans, which we started formulating about 2 years ago.

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