This week marks the beginning of the last month of the second quarter, which will, with its passing, bring us to the mid-point for the year. This is an appropriate time to review business accomplishments to date against quarterly and annual strategic plans and goals. Yes, I know. Some of us, perhaps most, would rather visit the dentist (no disrespect to the profession) than review strategy, goals and competitive positions for our companies. While I am energized when I work with clients on their goals for business, technology and creating a future-focused foundation, I, too, encounter thoughts of procrastination when it comes to examining my own business. As I began writing this, I received an email newsletter from BPM Express stating that "financial and operational performance management activities must derive from corporate strategy to be effective, [but]...a growing body of research indicates that despite all the exposure they've had to this argument, many executives still fail to adequately think through their strategy. And many of those that do strategize successfully fail to execute on the outcome of that process."
