How successful growing companies stay on course
An excerpt from the Ivey Business Journal, November/December 2005, by Maneesh Mehta.
“Staying the course” is important but only as long as a leader — and his or her strategy — remains flexible and can adapt as circumstances, or the competitive environment, changes. Even more important are the indicators a leader monitors to indicate those changes. These indicators, or best practices, are dynamic, highly-valuable metrics that make a “90-degree right turn in strategy” the right turn.