In September 2001, the CEO of a major company announced a big decision. From a classical strategy viewpoint, it was highly strategic. You can find many such cases in textbooks.…
A Solvable Problem Is Good—an Unsolvable One Is Better
Unsolvable problems are an endless source of innovation What do my pen, smartphone, and sneakers have in common? They effectively solve the tasks they were designed for. I don’t need…
Hello, Value Ecosystem Management Running a business using a classical strategic approach is like building a house with just the blueprint for the basement. If you can’t solve a task,…
Some decide without knowing how to act. Others act without knowing why.
Understanding of a company’s strategy isn’t evenly distributed throughout the business: CEO – 100% Executives – 70% Middle managers – 30% Frontline workers – 5% Process execution and customer relations…
1. Strategy and Value Exchange: Self-centric focus will never build a customer-centric business Is your org structure customer-centered? Many companies organize their sales, marketing, and service departments by: [1] products…
So, goodbye, strategic planning. Running a business using a classical strategic approach is like building a house with just the blueprint for the basement. If you can’t solve a task,…
Strategy isn’t about reaching your goals. It’s about creating solutions the world will reward you for. They say you need to think big and foresee the future to be more…
1. Strategy and Value Exchange: A strength viewed from another angle may look like a weakness. And vice versa. Starting strategy development with an internal analysis is like beginning product…