Most executives cannot articulate their company's strategy. And even those who can articulate it rarely see that strategy executed effectively.
Yet, the world's most valuable companies, the "winners" in the marketplace, have almost invariably developed a winning strategy along with the organizational capabilities to execute effectively against that strategy.
So given the significant upside, why haven't more companies developed and executed a winning strategy?
The problem does not appear to be a lack of investment in strategy or organizational consultants. In recent years, the top strategy and organizational consulting firms recorded combined revenues of tens of billions of dollars. In our experience as former consultants at these firms and as their former clients, there were significant gaps in the solution provided, and as a result, more often than not the recommendations made were not executed.
The gaps in Strategy Consulting Firms' offerings most often centered around these firms' lack of direct experience executing strategy and running businesses. This lack of experience led to oversights particularly related to the organizational challenges inherent in major strategic decisions or changes.
Likewise, as former clients of consulting firms specializing in organizational change, we found significant gaps in those firms' ability to develop winning strategies through rigorous analytical methods. Organizational change that is not driven by strategic imperatives usually lacks the power to create value. Consequently organizational consulting firms rightly lack credibility with key members of the senior executive team to drive change effectively.
The HB Strategy Group integrates strategy development and strategy execution seamlessly through the WISE strategic methodology developed by former Harvard Professor Keith Allred and Harvard MBA and Strategist Dan Burton. This methodology marries best-in-class Strategy Development with leading Organizational Behavior models to help organizations not only develop a winning strategy, but also build the organizational buy-in to execute against that strategy. This integrated approach to strategy has been utilized to create value in private and public companies across many industries and geographies.
Dan Burton's strategy development experience includes roles as a strategy consultant at the Boston Consulting Group, as a graduate of Harvard Business School, as a Senior Strategist at Hewlett Packard, and as Head of Corporate Strategy at Micron Technology. He has also acted as the outsourced Head of Corporate Strategy for multiple clients, including multi-billion-dollar companies. Mr. Burton also brings direct P&L experience, having filled roles as CEO, CMO and other general management positions.
Keith Allred's organizational change experience includes a Ph.D. in Organizational Behavior from UCLA's Anderson School of Management and faculty appointments at Columbia and Harvard. Internationally recognized for his research on organizational development, negotiation and dispute resolution, he has continued to teach in executive education programs at Harvard and Oxford's Said School of Business. He has also applied his organizational expertise to the benefit of many Fortune 500 clients and government entities.
Nationally Competitive Expertise in Strategy Development & Organizational Behavior:The experience base of the Partners at HB Strategy Group includes strategy development leadership across the spectrum of company size and industry, from startup organizations to Multi-Billion-Dollar companies. It also includes nationally-recognized and published thought leadership in areas of organizational development, mediation and negotiation.
P&L Experience: Unlike most traditional consulting firms where employees only have experience as consultants, the Partners at HB Strategy Group bring real-world, P&L experience to bear for clients. Leaders at HB Strategy Group understand that an elegant theoretical model does not typically translate into organizational execution without the real-world understanding of how to translate that theory into tangible action at every organizational level.
Long-Term Regional Commitment: Partners at HB Strategy Group share a passion for strengthening the economic foundation of Idaho and adjacent states. We have deliberately chosen to make this region our home and prioritize helping companies in this region become more competitive based on this long-term commitment.