Latest News

IT Strategy

strategy+business: STRATEGY & LEADERSHIP

For and about today’s managers and leaders: How to make smart strategic choices and put those ideas into action

The Uncertainty Advantage
The uncertainty advantage presents a chance to go well beyond the typical meaning of risk management — that is, seeking ways to achieve the best of the worst outcomes — to create new and sustainable value out of confusion.
Posted: February 22, 2017, 6:00 am
The Sisyphean Task of Activating Boards of Directors
Ira M. Millstein, a leading light in corporate governance for decades, makes his case…again.
Posted: February 22, 2017, 6:00 am
How Strategy Talk Creates Value
Investors appreciate hearing about a new CEO’s strategic vision, and they respond by bidding up the stock price.
Posted: February 16, 2017, 6:00 am
Why Healthcare Companies Need to Focus on Enterprise Resilience
Pursuing effective growth strategies will help firms navigate the uncertainty in the U.S. market.
Posted: February 14, 2017, 6:00 am
10 Principles of Strategy through Execution
Your company’s identity (what you do) and implementation (how you do it) should be closely linked. Here are the precepts to keep in mind as you bring them together: Aim high. Build on your strengths. Be ambidextrous (sophisticated at both strategy and execution). Clarify everyone’s strategic role. Align structures to strategy. Transcend functional barriers. Become a fully digital enterprise. Keep it simple, sometimes. Shape your value chain. And cultivate collective mastery. Do all those things, and your company will be on its way to effectively executing its strategy. See also “A Guide to Strategy through Execution.”
Posted: February 13, 2017, 6:00 am
A Guide to Strategy through Execution
How to get the strategists and implementers in your company to work together effectively. For more insight, read “10 Principles of Strategy through Execution.”
Posted: February 13, 2017, 6:00 am
Conversations That Change the World
By creating an atmosphere of shared awareness, a well-designed dialogue “container” can enable transformative change. A moment when people ask “why not?” — about something that seemed unachievable before — doesn’t come out of nowhere. It is developed through careful preparation.
Posted: February 8, 2017, 6:00 am
Reframing Failure
We all fail at some point in our careers. The trick is to use it to your advantage.
Posted: February 6, 2017, 6:00 am
Ralph Lauren’s Short-Lived Outsider CEO
Leaders who come in with a mandate for driving change often run into obstacles.
Posted: February 3, 2017, 6:00 am
A Guide to Organization Design
Ten tips to help you get your reorg right the first time. For more insight, read “10 Principles of Organization Design.”
Posted: February 2, 2017, 6:00 am
Women, Play the Long Game
Why working mothers need to think like chess masters.
Posted: February 2, 2017, 6:00 am
The Thought Leader Interview: GE’s Bill Ruh on the Industrial Internet Revolution
During the next few years, says GE Digital’s leader Bill Ruh, the Industrial Internet will turn every company into a digitally empowered enterprise. Ruh sees himself as a productivity activist — building the software and hardware platforms that will take society into a new, prosperous stage of development.
Posted: February 1, 2017, 6:00 am
A Better Way to Engage Your Board on Strategy
Shaping strategy should be an ongoing team effort of the CEO and directors, not just an annual exercise.
Posted: January 31, 2017, 6:00 am
Us versus Them: Reframing Resistance to Change
How to bridge the gap between those who champion transformation and those who challenge it.
Posted: January 30, 2017, 6:00 am
Getting the Leadership Basics Right
Whether they’re selling concrete or chocolate, CEOs can still look to five steadfast rules.
Posted: January 30, 2017, 6:00 am
Sorting through Corporate Protest Tactics
Activist groups’ ideological stance, as well as a company’s own characteristics, shape the types of strategies used to effect change.
Posted: January 26, 2017, 6:00 am
Executives of an Uncertain Age
Why we should stop being surprised that events surprise us.
Posted: January 26, 2017, 6:00 am
Why the Right Mix of Products, Customers, and Markets Is an Overlooked Profits Lever
In this economic climate, executives are finding that the growth levers that have traditionally served them well — boosting volume, pushing up prices, cutting costs, and investing in growth opportunities — have grown less effective. One overlooked growth lever, however, offers a path toward sustainable, profitable growth: Improving the mix of the products and services a company sells, the customers to whom it sells them, and the geographic markets in which it operates. In any given company, profitable growth opportunities are almost always highly concentrated within its products, customers, and geographies. Some segments can generate profits 10 to 100 times higher than other segments. Mapping these variances and then growing the most profitable segments and focusing cost improvements on the least profitable ones can yield sustainable, profitable growth even in the face of economic headwinds.
Posted: January 24, 2017, 6:00 am
What’s Your Digital ROI?
Companies need a clear and complete view of how their digital transformations are progressing.
Posted: January 23, 2017, 6:00 am
Is Donald Trump a Model for Communicators?
His simple story line helped carry him to the presidency. Is there a lesson there for business leaders?
Posted: January 18, 2017, 6:00 am
Banking’s Biggest Hurdle: Its Own Strategy
Analysis of the 2007 crisis aftermath shows that financial-services institutions with a clear “way to play” and capabilities to match were better at weathering the storm. Between 2008 and 2014, higher revenue growth correlated with a more focused strategy correlated with higher revenue growth for banks. Banks seeking to thrive in the future should act accordingly.
Posted: January 16, 2017, 6:00 am
Building Trust while Cutting Costs
In a Fit for Growth transformation — one that starts with the premise that all spending is investment and every cost is a choice — the three phases of change are managed in such a way that people understand the strategic rationale for the decisions handed down, even when they are tough, and their role in shaping the new organization is clear. They are able to forge ahead, confident that choices were made for the good of the company’s future. When trust prevails, so does the company’s vision, helping to ensure that the effects of the transformation can be sustained.
Posted: January 10, 2017, 6:00 am
How Howard Schultz’s Angel Poised Starbucks for Success
Few have resolved the tension between identity and growth as masterfully as the coffee chain’s CEO.
Posted: January 10, 2017, 6:00 am
Samuel Bacharach’s Required Reading
A veteran management professor at Cornell University’s ILR School recommends four books that can help leaders hone the ability to achieve their agendas.
Posted: January 4, 2017, 6:00 am
The End of Conventional Industry Sectors
Technology and the Internet of Things are eroding the boundaries that have long classified businesses. Here’s how to change your company’s approach.
Posted: January 3, 2017, 6:00 am
Strategy and the Board
Your strategic planning process and annual off-sites may be holding your directors back.
Posted: December 22, 2016, 6:00 am
Forget the Resolutions — Write Your Personal Manifesto
A series of honest conversations with yourself, delving deeper than the annual list of dos and don’ts, can spark lasting and meaningful change.
Posted: December 21, 2016, 6:00 am
How to Define Your Corporate Identity
Having a clear sense of who you are will help you grow coherently, and outpace the competition. For further insights, read “Creating a Strategy That Works.”
Posted: December 14, 2016, 6:00 am
Pulling the Triggers That Pull Companies
Four types of triggers – each with its own form of awareness — can set you on the road to coherence. They are confidence (“We can do that!”), aspiration (“We have a dream,”), apprehension (“We’re going to be in trouble”), and outright panic (“We’re already in trouble”). Which will be the spur to your company’s change?
Posted: December 14, 2016, 6:00 am
Your People’s Brains Need Face Time
Dispersed teams trust more and function better when exposed to their colleagues’ non-verbal cues, best communicated in-person.
Posted: December 12, 2016, 6:00 am

Leave a comment