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The Biggest Problem You Can Have Is No Problem!

Insecure ManagerAs a manager, don’t you just sometimes wish all problems will go away? Wouldn’t it be nice if everybody in the company agreed with you? Having been a production manager myself, I agree that indeed, yes, that would be nice. At the same time, this would be one of the most dangerous situations your company could be in. Simply said, a company will always have problems and disagreements; that is just the nature of companies. Continuous improvement is solving these problems, resolving the disagreements, and tapping the potential that your company has. Not having any problems merely means that you DON’T KNOW these problems, and a lack of disagreements is merely PEOPLE NOT TELLING YOU about problems. And those are the biggest problems you can have in your company…

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The Evolution of Strategic Management—Hoshin Kanri

Chess board with chess set in opening positionIn this last post on the evolution of strategic management, I will talk about Hoshin Kanri. For me, it is the big thing—albeit I may be influenced by being an Ex-Toyota employee, and, while Hoshin Kanri was not invented by Toyota, it was certainly made popular by it and its lean manufacturing. Hence, it is also the last post in this series, even though timewise it came before the balanced scorecard, which also had Hoshin Kanri as an inspiration.

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The Evolution of Strategic Management—Balanced Scorecard

Xiangqi Chess setIn this fifth post on the evolution of strategic management, we will be looking at the Balanced Scorecard. Like Objectives and Key Results, it is an evolution of Management by Objectives (MBO). It is also influenced by Hoshin Kanri. In terms of popularity, it is slowly on the decline, albeit still quite popular.

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The Evolution of Strategic Management—Objectives and Key-Results

1853 wooden Chess piecesIn this fourth post on the evolution of strategic management, we will be looking at Objectives and Key Results (OKR). Like Management by Objectives (MBO), Objectives and Key Results is still frequently used, and often cited in connection with Hoshin Kanri. Hence, let’s have a deeper look at what Objectives and Key Results is.

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The Evolution of Strategic Management—Management by Objectives

1849 Staunton Chess PiecesStrategic management is the art of planning, monitoring, analyzing, and assessing all that is necessary for an organization to meet its goals and objectives. This is the third post in my series on the evolution of strategic management, and we will be looking in more detail at management by objectives (MBO).

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The Evolution of Strategic Management—Managing Large Corporations Before World War II

18th century Chess SetIn this series of posts I will talk about how strategic management developed (i.e., how to have a big-picture view of where your company is and where it should be, and especially how to get there). In my last post, I looked at the situation before there was any strategic management. This posts looks at the time between roughly 1900 and World War II. It will be mostly about managing money and operational efficiency, but there are already a few big-picture view companies popping up.

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