strategic planning

Knowledge transfer is an important yet often overlooked component of succession plans

Having a plan in place in advance lessens the burden post-disaster

Well-defined project team roles are crucial when planning a lab facility

The decision to outsource should be based on an organization's mission and business strategy

Here are five tips to assure your leadership and team directives match the end result you envision

Using a B.O.L.D. Approach

Strategy is a framework within which decisions are made, which influences the nature and direction of the business.

From the ancient prophets of the Bible to Nostradamus in the Middle Ages to modern day “psychics,” people have always had a natural curiosity about the future, and just about everyone has speculated as to what it will be like. However, even modest predictions that seemed perfectly reasonable at the time have a way of missing the mark—the one thing that we know for certain about the future is that it will bring change in unexpected ways.

In a study of almost 30,000 managers, department heads and bosses, Management Research Group found that high potential managers rated significantly higher in strategic visioning and planning for the future, among other differentiators.

What effect will product upgrades, version changes, and retirement have on your labs operations? Are you prepared for it?