Post Tagged with: "Strategy"

Visionary Strategy By BCG Henderson Institute
by / on 28/11/2018 at 11:00 / in The Review

Visionary Strategy By BCG Henderson Institute

WHAT Rare but incredibly effective, a visionary approach empowers a firm to create or recreate an industry with some degree of predictability by seeing an opportunity and pursuing it single-mindedly. Being first confers the advantage of superior size that comes with being ahead of rivals and allows a firm to set industry standards, influence customer preferences, develop a superior cost […]

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What Gets in the Way of Great Strategy? By Bain & Company
by / on 24/11/2018 at 20:00 / in The Review

What Gets in the Way of Great Strategy? By Bain & Company

- Bain research shows that most companies struggle to sustain profits over 10 years. – We’ve identified seven common ways companies tend to undermine their own success. – Turning mediocre strategy into great strategy is about focusing scarce resources on where a company can and should win. Great companies manage to create more value than the sum of their parts. […]

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Your Strategic Plans Probably Aren’t Strategic, or Even Plans
by / on 09/04/2018 at 11:00 / in Harvard Business Review

Your Strategic Plans Probably Aren’t Strategic, or Even Plans

It happens all the time: A group of managers get together at a resort for two days to hammer out a “strategic plan.” Done and dusted, they all head home. Buthave they produced a plan with a strategy? At the start of my public seminars on strategic planning I ask attendees, who rank from board members and CEOs to middle […]

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No One Knows Your Strategy — Not Even Your Top Leaders
by / on 21/03/2018 at 12:00 / in MIT Sloan Management Review

No One Knows Your Strategy — Not Even Your Top Leaders

New research reveals the surprising reasons managers don’t know their company’s strategy. The CEO of a large technology company (let’s call it Generex) recently reviewed the results of her company’s annual employee engagement survey and was delighted that strategic alignment emerged as an area of strength. Among the senior leaders surveyed, 97% said they had a clear understanding of the […]

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Why Dominating Your Category Can Be a Flawed Strategy
by / on 12/02/2018 at 14:00 / in Harvard Business Review

Why Dominating Your Category Can Be a Flawed Strategy

Of the many contributions Jack Welch has made to business wisdom, one of his most famous was “Be #1 or #2 in every market.” That advice served GE well in shaping its portfolio of businesses and its strategy for many years, but it’s not clear to us that it is as relevant any more. It may, in fact, be a […]

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Six Steps to Communicating Strategic Priorities Effectively
by / on 12/02/2018 at 11:00 / in MIT Sloan Management Review

Six Steps to Communicating Strategic Priorities Effectively

Leaders can signal their commitment to a strategy by clearly communicating their strategic priorities to external stakeholders. To drive execution, leaders often translate strategy into a handful of strategic priorities designed to increase alignment throughout the organization. When it comes to communicating their objectives, most executives focus inward, on getting their message out to managers and employees through town hall […]

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Designing the Machines That Will Design Strategy
by / on 19/04/2016 at 12:14 / in Harvard Business Review

Designing the Machines That Will Design Strategy

AlphaGo caused a stir by defeating 18-time world champion Lee Sedol in Go, a game thought to be impenetrable by AI for another 10 years. AlphaGo’s success is emblematic of a broader trend: An explosion of data and advances in algorithms have made technology smarter than ever before. Machines can now carry out tasks ranging from recommending movies to diagnosing cancer — independently of, and in many […]

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