Business Strategy Innovations

Business Strategy Innovations – Articles

By David Willden

Agile Strategy

Agile strategy can significantly increase the probability of achieving your firm’s goals. Traditional strategic planning processes work best in manufacturing and construction firms for instance, where repetitive, long-term, stabile operations are required. However, today many organizations are confronted with constant change, and have considerable resources invested in knowledge or R&D work.  Read More »  Business Strategy Innovations

Strategic Project Management Made Simple 

Terry Schmidt publishes breakthrough book

Terry Schmidt pursued his MBA at Harvard along with Michael E. Porter. Michael focused on business strategy and Terry concentrated on both business strategy and how to most successful implement business strategy to achieve results. Terry has spent three decades helping hundreds of of teams worldwide.

His book on Strategic Project Management is breakthrough! Having a competitive strategy and projects tightly aligned to the strategy is key. Projects are the big “how” business strategies get implemented. Projects are what makes or breaks the company. Read More »

Business Strategy Innovations

Innovator's DNA 

In the past the key to winning long-term business success was to capture and maintain market share. The name of the game was to build up large walls that ma

de it hard for other to compete. Competitive advantage was achieved through expensive assets, economy of scales, purchasing power, existing channels, patents, propriety knowledge, etc. Today, constant innovation, integrity, and successful marketing are what is most important.  Read More »

Business Strategy Innovations

Amazon – Example of a Strategy Plan

Amazon is the 5th most admired company in the world. How did it become so successful so quickly? Strategy! Investing in the right plans at the right time and staying the course.

The purpose of this article is to review Amazon’s strategy development model and the external assessment tools it used in helping it to formulate and select top strategies. This article is part 1. (Please note that external assessment tools are but a small but vital part of Amazon’s strategic planning process.)  Read More »

Does Your Company’s Strategy Need Stretching?

How are top companies adapting their strategic planning processes to address today’s competitive reality? This was the questions that lead to this report by Boston Consulting Group (BCS). The study involved in-depth interviews with executives from leading companies, secondary research, and tapping into the experience of many of BCS’s partners. Read More »

Systems Advantage 

There are various keys to gaining a future competitive advantage. Boston Consulting Group outlines several leverage points in their articles on the future of strategy. One key is to focus on gaining a systems advantage. Nokia’s CEO Stephen Elop was quoted as saying, “our competitors aren’t taking market share with devices; they are taking market share with an entire ecosystem.” Read More »

Simulations Advantage

Simulations can significantly reduce your costs, risk, time, and increase the probability of your products, business strategies, and business models. Highlights from Boston Consulting Group’s article “Simulation Advantage” as part of the “Future Strategies” series.  Read More »

Future Productivity Drivers

The Economist Intelligence Unit conducted research to determine approaches business across industries and the world are taking to improve productivity. Read More »

Social Media For Business

David Evans a social media expert writes, “the voice of the individual is again asserting its fundamental value, this time expressed through its role in building the collective conversation as it now occurs online. The Social Web-the combination of social networks, photo and video sharing, blogs, and early conversational communities…are bringing the consumer voice to the fore in a big way.”

Learn more about “Social Media For Business?” in a series of short articles that will give you insights and help you to think through how to leverage to social media to help your business.” Read More »

Business Strategy Innovations - Video

Strategic Speed

Jocelyn Davis, Henry M. Frechette, Edwin H. Boswell

Only 30 percent of strategic initiatives are successfully executed. If we can’t have confidence in our ability to strategize, plan and execute, what do we have? What’s going on? And how can you accelerate execution in your company. Read More »

The Execution Premium

Robert S. Kaplan and David P. Norton

Few organizations have organized systems in place to effectively manage the execution of strategy. Many organizations look to the budget to track performance, and don’t conduct strategy reviews. Read More »

Strategic Planning Learnings from Top Companies

Nicolas Kachaner

Nicolas Kachaner from Boston Consulting Group shares highlights from a research study on how top companies are conducting their strategic planning. Read More »

Blue Ocean Strategy

W. Chan Kim and Renee Mauborgne

Companies have long engaged in head-to-head competition in search of sustained, profitable growth. They have fought for competitive advantage, battled over market share, and struggled for differentiation. Yet in today’s overcrowded industries, competing head-on results in nothing but a bloody “red ocean” of rivals fighting over a shrinking profit pool. In a book that challenges everything you thought you knew about the requirements for strategic success, W. Chan Kim and Renee Mauborgne contend that while most companies compete within such red oceans, this strategy is increasingly unlikely to create profitable growth in the future. Read More »

Five Competitive Forces

By Michael E. Porter

Michael Porter provided a model that identifies the most powerful driving forces within industries. To learn more…Read More »

Starfish – A New Business Model is Beginning to Emerge

Rod Beckstrom

There is a starfish type of organization emerging. For many years, information was shared through a limited number of channels. Intentional or not, information was figuratively pushed out by a small number of people. Free collaboration technology enables people today around the world to find content they seek, to learn what they desire, to connect people with similar interests around the world, and to share thoughts and knowledge.  Read More »

Business Strategy Innovations