(Boston, MA) – OmniStrat, a web-based business planning and execution software announced its launch from beta with the release of new key features. OmniStrat, a pioneer in social business planning and execution software boasts a wide array of features from group planning, collaborative decision-making, to execution visibility. Focused on people, OmniStrat is designed to help small and medium sized businesses relieve the pain of business planning and execution.  OmniStrat founder and President Matt Johnson said “Our whole objective is to help small to medium sized business become more organized in their planning process and be able to easily monitor the Read More

In the last posting we outlined the importance of experience and productive feedback in helping turn gut instincts into effective decisions. Here are two other tips to help you decide when to trust your gut and when to safeguard against over-reliance on instinct. Measure your emotions Some memories, obviously, come with more intense emotions than others, and these highly charged memories can often cloud judgment. Knowing, for instance, that dogs can bite is completely different from having a traumatic experience attached to an attacking dog. The first scenario can help you interact with dogs, while the second can make you Read More

Most executives did not get to where they are without keen instincts. When the time comes to make a decision, a leader relies largely on his or her gut – that is simply a fact of life. We would not suggest that gut instincts ever be taken out of the decision-making process, but there are times that process can be strengthened by objective analysis to reduce the risk often involved with extremely important judgments. All of us use the experiences we’ve built throughout our lives as the basis for our gut instincts; we often chart a course of action without Read More

Strategic planning is as popular as ever, with companies challenged by today’s uncertain economic climate looking for new ways to stimulate growth. However, while the intentions of strategic planning programs are well placed, managers continue to make several mistakes that negatively affect not only the process of the program, but the end results of the program as well. Failing to use strategic planning tools Often, executives will embark on a strategic planning initiative relying nearly 100 percent on the knowledge they’ve accumulated during their career, believing that is all they need in order to plan effectively. This is one of Read More

Organizations across the world have embraced the “Balanced Scorecard” strategic planning system as a revolution in management; designed to align the day-to-day activities of an organization with its vision, to make internal and external communications more efficient, and to provide a framework for measuring performance versus strategic goals. Many incredibly respected corporations have implemented the Balanced Scorecard approach, but that does not mean it is right for your company. Before committing, it is imperative that you weigh the pros and cons. Balanced Scorecard is used in a wide range of organizations, from non-profits to governmental agencies to titans of business Read More

So you’re a small company and you think strategic management is a waste of time? You’re wrong! Strategic management is just as important to a small company as it is to a larger organization. In fact, during the early stages of your company strategic planning and long term planning and collaboration are imperative for the growth of your company. When starting to plan for a new product launch in the 2012 season you must consider the 3 main questions to strategic management: Three questions of Strategic Management Where are we now? Visualizing the future is important but before you can Read More

Your small business is probably moving at a million miles per hour, constantly on the go, and never having enough time in one day to accomplish everything. Sound familiar? With the approaching 2012 planning season right on our heels it’s imperative for a growing small business to take a ‘time out’ and start thinking about the future of your business.  Questions like:  How am I going to afford that new employee or when is the right time to expand into this market that keep you awake at night. Your 2012 planning season should begin by thinking about how you are Read More

OmniStrat launched today and I wanted to share some thoughts on what we’re all about; why making strategy social and simple will lead to success. Our mission is to help companies succeed. We’ve chosen to pursue this through an online software application that addresses the core issues that get in the way of success, primarily poor planning and execution. For us, it’s not about the technology – it’s about people. We strive to make people the center of planning and execution, not systems. Most people think about the reporting that goes into managing strategy execution. Reports are generated by presenting Read More