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Promoting a Cohesive Mindset in a Newly Merged Business

September 19, 2019 - Within any organization, groupthink can be detrimental if it stymies creativity and innovation, discounts individual opinions, inhibits engagement, and undermines moral. While the semantics may appear to be similar, having a cohesive mindset is something quite different. Ensuring your organization shifts its old identity to the new identity takes some effort. Here we discuss a framework to promote success.

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Addressing the Cooks in the Kitchen: RACI Matrices

August 13, 2019 - Some business tools are so simple, it’s easy to be suspect of their effectiveness. RACI, a responsibility and decision clarification matrix that brings both structure and accountability to projects and processes, is one of them.

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Responding to the Changing Healthcare Landscape

July 9, 2019 - There is broad agreement that the U.S. healthcare market has structural challenges that need correcting: Cost of healthcare is the highest in the world and has been growing faster than GDP for decades. So, what should a healthcare provider, payer, or services and technology company do to win in this evolving landscape? How should a healthcare player develop its call-to-action?

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Strategic Planning vs. Business Planning. Yes, There’s a Difference.

June 19, 2019 - Too often when companies embark on a strategic plan, the results are disappointing. A common error involves assembling a long-term business plan, calling it a strategic plan, and complaining about how the exercise is mostly ‘financial,’ with limited use beyond the one-time rollup.  So, what’s causing these frequent unsatisfactory results?

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Are You Competitively Intelligent? You Should Be, If You’re Shaping Business Strategy

June 12, 2019 - Strategy is all about choice. At its foundation, business strategy comes down to decisive prioritization of what your organization will and won’t do in order to achieve its desired goals and outcomes. Landing on the choices and priorities that underpin any strategy requires insights inherently formed by a number of factors including the integration of competitive intelligence, which in our experience is often neglected or even discredited.

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Modernizing IT Infrastructure In Support of Your Business Strategy

June 6, 2019 - Beyond upgrading and reducing redundancies of an IT Infrastructure that is outdated, incorporating any (or all, if appropriate) of our recommended foundational areas into your IT infrastructure-layer strategy promises greater agility, scalability, cost-effectiveness, and security, while also helping your business deliver on its down-selected imperatives.

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Accelerate and Scale Your Most Important Initiatives, Efficiently

May 29, 2019 - Let’s assume you’ve worked through your strategic imperatives with decisive prioritization, calling out what you clearly will and will not invest in for the next 12-18 months, as part of your 3-year (+) aspirations. From those few decisive strategic imperatives, you have an execution mandate for both in-year initiatives and multi-year executions. Typically, at least a portion of those imperatives requires significant changes or new processes within your operations.

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Merging Corporate Cultures is Hard. Here’s How to Improve the Odds.

May 14, 2019 - Newly merged cultures have the very real potential to negatively impact employee morale, stymie collaboration, and far worse, diminish the quality of employee interactions with customers, vendors, and others outside the organization, impacting business results. So why is merging corporate cultures more challenging today than it’s ever been?

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Extension Mergers: Secrets to Success in Industry Roll-ups

May 7, 2019 - HPA Senior Advisor Alex Nesbitt's valuable insight on extension mergers continues. Read Part 2 here.

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2019 Berkshire Hathaway Annual Meeting: Does Warren Still Have “It”?

April 23, 2019 - Many of you know of my deep admiration for all things Berkshire Hathaway, including for Chairman and CEO, Warren Buffett and Vice Chairman, Charlie Munger. Over the past several years, I’ve spent a likely unreasonable amount of time thinking about BRK and I’m profoundly committed to understanding how it makes so (so so) much money, and what might be next for them.

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