Author Archives: Andreas Wettstein

Recognising Good and Bad Strategies – Part 3

The first element of a good strategy: The Diagnosis This is the third article on our five part series on Richard Rumel’s book “Good Strategy/Bad Strategy” –> Hier clicken für die deutsche Version <– As we have shown in the first article, a good strategy contains the three elements DIAGNOSIS, GUIDING POLICY and COHERENT ACTION. […]

Recognising Good and Bad Strategies – Part 2

A bad strategy is not simply the absence of a good strategy, but rather a result of misconceptions and management deficits. The four characteristics of bad strategies are (1) Fluff – a form of gobbledygook that poses as a strategic concept. (2) lack of reference to the challenges (3) confusion of objectives with the strategy and (4) wrong strategic objectives.

Recognising Good and Bad Strategies – Part 1

A good strategy contains at least three elements: 1) diagnosis, 2) guiding policy and 3) coherent action. This is this the KERNEL of a good strategy. Just formulating revenue, profit or market share objectives alone don’t make a strategy. Neither is something by default strategic because it is general, high-level or happens to have been decided at C-level

Networking across countries

In this post written by Janet Shaner, you learn how to adapt your network for the country where you live / work Certain vs. uncertain business environments Did you know that different countries have different approaches to networking? Some countries even have special names for relationship building, for example guanxi in China, blat in Russia and pratik in Haiti.(1) Child psychology […]

A Saturday morning habit that helps me be less stupid

Story I recently started a new habit. Every Saturday, I go for a 90-minute walk. The trigger to this was reading a book that a friend recommended to me:  “The Road Less Stupid” by Keith Cunningham.   One of the first lines in the book is “Smart people do dumb things.” The message the author tries to convey […]

Downwards disloyalty: An insidious threat

Collaboration is the glue that every team or organisation employs to achieve sustainable high performance. Collaboration exists in many forms and guises, some of which are stronger and more effective than others. The basis of collaboration is mutual benefit. At the simplest level, the benefits can be transactional, such as the provision of labour in […]

Public reprimanding is not a valid leadership tool

Human error and poor judgement are commonplace in business. When someone makes a mistake, it is often tempting to admonish them on the spot. Doing so can give a manager a sense of having acted immediately to rectify the situation. Delivering a public reprimand can satisfy pent-up frustration and provide an instant display of public […]

“Men are not disturbed by things, but by their view of things” (Epictetus)

One could also say that people are not disturbed by things, but that they disturb themselves by holding rigid and extreme beliefs about things. Psychologist Albert Ellis said that rigid beliefs, which often come the form of musts, absolute shoulds, have to’s, got to’s, etc., are at the very core of psychological disturbances. Sometimes it […]

Caught in a monkey trap?

Apparently, people in India use a simple trick to capture monkeys. The trapper fastens a piece of cord to a tree. On the other end he attaches a coconut. The coconut has a hole just big enough for the monkey to put his hand in. Inside the coconut the trader puts some nuts or something […]

Why do so many leaders fail to delegate effectively

Video:  In this video, I look into the question Why so many people who want to delegate fail to do so effectively? Before I answer this question, let’s look at why delegation is important. The number 1 reasons to delegate is to have more time for the things that you like and are really good […]