Shakespeare on Strategy and Where's Millard Been?
Posted By Rob Millard - 0 Comments -
"To business that we love we rise betime and go to it with delight"
Anthony and Cleopatra
Today marks the 444th anniversary of William Shakespeare's birth (on 23 April 1564.) It seems almost as long since I last blogged :(
The fact is, I've been heavily engaged with a strategy assignment that is very much within the category that Shakespeare meant when he wrote the above.
Freeport on Grand Bahama Island, where I am lucky enough to live with my family, is a unique place. It is a "privately owned" and operated city in terms of a treaty (the Hawskbill Creek Agreement) which was signed in the 1950s between the Government of the Bahamas and an American businessman, Wallace Groves. The city's controlling authority, the Grand Bahama Port Authority, is currently owned by two British families. I am coordinating the formulation of a strategy for a prospective new owner, namely the British banking and private equity magnate Roddie Fleming. It is a fascinating exercise. The strategy that I have been mandated to create takes a very long term view and has to be based on "triple bottom line" (economic, social, environmental) sustainability. It is focused not just on the return on investment for Roddie Fleming, but in very real terms on the needs of the people of Grand Bahama, the other businesses on the island and the Government of the Bahamas too. The very pinnacle of "best practice."
There are obstacles, but hopefully all will have settled down by the (northern hemisphere) summer and we will be able to start to execute what promises to be something truly worthwhile and fascinating. In the meantime, my work with professional service firms through Edge International has contracted to only the strategic planning work that I really enjoy and where I excel. Especially when it involves helping a firm get to grips with the larger challenges that are emerging in this first decade of the 21st Century. It really is great to be able to restrict one's practice only to engagements that one loves!
I will try to keep up a more frequent flow of blog posts too, now that I have "broken the drought."
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