Author Archives: Barry Wilderman
A Strategic Turnaround at Tollpost – “Seeing is Achieving”
A good deal of our work is focused on the core of Enterprise Performance Management (EPM), and the relationships among budgeting, forecasting and strategy. However, in the case of a major strategic turnaround at Tollpost*, as we will see below, … Continue reading
Maybe they call it “strategy execution” for a reason
It appears that strategy formulation works well, yet still 70% of all strategies fail. The fault, dear Brutus, must be in strategy execution. Let’s look at some of the reasons: Strategic Goals: Some key questions. What are the key goals that … Continue reading
Budgeting and Forecasting – Best Practices
I suppose there are as many jokes about budgeting as there are about mothers-in-law. Many people dread the budget cycle as a necessary evil to be endured. But, it doesn’t need to be this way. Indeed, to many companies, budgets … Continue reading
“Performance with Passion”
Tagetik, an Enterprise Performance Management (EPM – budgeting, forecasting, compliance, etc.) software vendor, recently announced its new marketing position around the phrase “Performance with Passion”. Of course, as an EPM vendor, this provides two meanings to the term “Performance”. Nonetheless, … Continue reading
Business Applications and Analytics
I have been thinking a lot lately about business processes, core business objects, data and information. As we at Constellation Research Inc. explore a series of research themes around critical business issues, I wanted to attempt an approach that brings … Continue reading
What does it mean to be an industry analyst?
When I first joined META Group, it took me a while to understand what it meant to be an industry analyst. Now returning to Constellation Research Group in 2011, with 10 years of META experience behind me, I find … Continue reading
Selecting Strategy Management Software and Services – The Project View
The customer has a clear requirement to be successful at the two major components of strategy management: strategy formulation and strategy execution. The software vendor must demonstrate how its software can be deployed for effective strategic management. Moreover, the software vendor … Continue reading
Strategy Maps and Balanced Scorecards
In truth, the science of Strategy Management has been highly influenced by Kaplan and Norton, first with the invention of Balanced Scorecards in 1992, and later with a companion invention of Strategy Maps in 2004. Almost all strategy management and … Continue reading
Corporate Strategy – Strategic Planning, Goals, Strategies and Initiatives
In our last post, we talked about Mission, Values and Vision. In particular, we mentioned that a well-constructed Vision statement began to describe the future direction for the Corporation. In this post, we will continue to define the next set … Continue reading
Corporate Strategy – Mission, Values, Vision
In our last post, we talked about the high failure rate of strategic planning projects, and discussed how strategy management software firms could improve the success rate. To improve the strategy outcomes, companies need to understand the underlying terminology, and … Continue reading