Strategic decision-making is an important competency for today’s business organizations. Yet, many implement suboptimal strategic decisions because of haphazard strategic management approaches that subject leadership teams to poor strategic issue framing, inadequate key factor identification, laborious data collection, and detrimental groupdynamics. Companies that make sound business strategy decisions establish a foundation for future success. This book is a focused, practical guide introducing the Lean Strategic Decision Model® (LSDM). LSDM is designed to improve business strategy by making strategic decisions more effective and efficient
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Stephen (Steve) Garchow is President of Foresight Business Consulting™, Inc., a firm specializing in solving critical strategy and marketing issues for corporations. The company logo, a sextant, was selected to emphasize our philosophy. Just as this nautical instrument guides the sailor to plot a ship’s course, Foresight guides organizations to set their optimal business direction. Prior to establishing Foresight, Steve worked for both large corporations and start-up organizations where he directed dozens of strategic planning initiatives. Steve is an accomplished business executive, with a proven track record in helping companies formulate strategy. He is recognized for quickly grasping the strategic issues confronting a company and guiding leadership teams to analyze their situation, creatively identify strategic alternatives, evaluate these approaches, and select the best solution. In response to a corporate-wide need to drive better strategic decisions, Steve developed the Lean Strategic Decision Model®. LSDM is a process that concisely compares alternative strategic measures by applying a disciplined approach to subjectively arrive at a strategic decision. "Stratification" is Steve’s business book that teaches LSDM to executives. Since developing this process he has presented the approach in seminars and counts many companies as LSDM advocates.
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