Planning is less effective than strategy and strategy is most effective when strengthened through the Scenario Survey Process.
Tag: scenario
The coronavirus crisis, in fact, any crisis, is like a magnifying glass. It shows the best and the worsts of your business structure and practices.
Many underlying defects can be seen as symptoms of underlying group structural and governance problems. They can be corrected.
“No plan survives contact with the enemy,” is a famous concept credited to many, bastardized by dozens, and plagiarized by even more. That’s because it’s true.
“No plan survives contact with the enemy,” is a famous concept credited to many, bastardized by dozens, and plagiarized by even more. That’s because it’s true. But the fragility of plans does not mean that you should forsake planning for your medical group’s or healthcare business’ future. In fact, it means just the opposite: You […]
Many physician groups are fighting the last war, imagining that the threat to their existence is from, say, the hospital.
Many physician groups are fighting the last war, imagining that the threat to their existence is from, say, the hospital.
It’s no longer business as usual. It is business as unusual. And that requires a new way of thinking.
Options trading. I don’t mean puts and calls. And this post has nothing to do with the stock market. I’m talking about hedges. Hedging the bet you’ve made on your group’s future, “bet” being used in the manner of the strategy you’ve adopted to achieve your group’s focused future. You’ve made that bet, haven’t you? […]
While on a website obviously aimed at the college student age group, I noticed an ad for a book by a well-known author. Below a picture of the book’s cover were the following words: “All of the words, printed on paper. Classic!” This is an interesting signpost of the impact of what Joseph Schumpeter called creative […]
In my podcast How Scenario Surveys Strengthen Group Strategy, or in my article by the same name, I discuss the importance of your use of the scenario tool in setting group strategy. There’s another aspect of the Scenario Survey Process that’s important for any physician group that negotiates with a hospital, the classic example being […]