The ACS Blog
The Model Whisperer
People whisper to horses, dogs, and (according to TV) ghosts. Why not models? The model whisperer — perhaps you, savvy strategist — gently, wisely guides models into shape and helps them achieve fulfillment as oracles of your business’ future. (#3 in a series)
What The Model Says
The challenge in developing an effective strategy begins long before we decide what actions to take and how to execute them. The challenge begins when we decide what model to use. By selecting a model we frame the way we see and evaluate our strategy options. (#2 in a series)
All About Models
We can classify models chemically: those based on carbon and those based on silicon. The former, mental models, operate inside our heads. The latter, computer-based models, operate inside computers. They behave differently. (#1 in a series)
The How-Likely Case
Strategists commonly analyze best-case, worst-case, and most-likely scenarios before making a significant strategy decision. That covers about 0.000007618% of the possibilities. I’m not making up that number.
Are We Clear?
“Where is the evidence that a clear strategy makes a company more likely to succeed?” That brave question is stunningly difficult to answer. We’ll try anyway, and end up with a bumper sticker for professional strategists.
Numbers Gone Wild (the essay)
The presence of numbers does not guarantee insight, knowledge, or inspiration. On the other hand, the absence of numbers limits us to anecdotes, impressions, and hypotheses. So, we want numbers, and we want them not to drive us crazy.
Checks and Balances
If an unexpected threat (or opportunity) can come out of left field, it is good to look in that direction before committing to a new strategy or the status quo. What investors and Congress have to say about that.
Predicting Competitors
Our first surprise suggests that we don’t ask questions that might help us predict competitors. Our second surprise suggests that our competitors may not be so easy to predict, unless the slate isn’t clean, jobs aren’t safe, issues aren’t clear, and tradition is binding.
Do Not Overtighten
Businesses tend to overtighten. They do it because they’re led there by simple, persuasive logic, which we can boil down to this: it is cheaper to print “do not overtighten” on the instructions than it is to supply products that can withstand formidable strength.
Numbers Gone Wild (the workshop)
Upcoming programs from ACS: Webinars about business war games and strategic thinking, and a workshop at the 2010 SCIP Conference entitled Numbers Gone Wild: Or, Precision In, Garbage Out.