OPEN MINDS Management Newsletter

Learn about new business models and the latest management best practices in our monthly, how-to guides on trending issues. Knowing the market—and knowing how to manage your way to success in that market—are two different issues. For thirty years, we have shared our field-tested models developed by our senior advisors and case studies that illustrate the challenges and tips for success.

February 2023 Issue
How To Determine If Your Mission & Vision Are Ready For The Future: Setting The Stage For Your Strategic Plan:
The OPEN MINDS Management Newsletter, February 2023
No Vision, No Roadmap

One of my favorite life adages (both personal and professional) comes fromĀ Alice in Wonderland author Lewis Carroll: “If you don’t know where you are going, any road will get you there.”Ā (And the takeoff on his quote by Yogi Berra,Ā “If you don’t know where you are going,Ā you’ll end up someplace else.”)
As an executive team…

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Creating A Meaningful, Market-Based Strategic Vision: The First Step In The Strategic Planning Process

Everything about strategic planning starts with a vision of where the organization is going and the measurable objectives that need to be achieved along the way. Vision statements are built on the organization’s mission, which is the statement of why an organization exists and its overall goals. Your mission statement can be several sentences long.…

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The OPEN MINDS Strategic Visioning Session Guide

So, your organization is kicking off its strategic planning process with a visioning session! As I cover in my article, Creating a Meaningful, Market-Based Strategic Vision: The First Major Step In The Strategic Planning Process, a strategic vision crafts a picture of the future of your organization—one that is motivating and a roadmap for your…

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Mapping Competitive Advantage & Identifying Market Positioning—An Integral Part Of Strategy

As part of your strategic planning process, you develop a vision for the future, strategic objectives, and a plan to make them happen in the near term. A critical component of the vision (which will drive your strategic planning and marketing planning) is your market positioning. Positioning is an organization’s image or identity in the…

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