Culture: Strategy Tsunami or Supporter?

I had a conversation with a fascinating writer named Wayne Hurlbert in which we discussed how to build a strategy that can flourish in good times as well as bad. Wayne made an interesting point that while we often focus on the nuts and bolts of strategy development and execution, we often overlook something that can … Continue reading Culture: Strategy Tsunami or Supporter?

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Idiocy in the Ivy

When it comes to strategy, the world of sports provides plenty of examples of what not to do. Case in point: the Harvard-Yale football game last weekend. Harvard prevailed 14-10 due to one of the biggest strategic blunders in the history of sports. Leading the game 10-7 with only 2:25 left, Yale’s first-year coach Tom … Continue reading Idiocy in the Ivy

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The Future is Now…Almost

I had the opportunity to provide a ten-minute presentation on strategic thinking at FutureForum 2010, which was moderated by Michael Arndt, editor of BusinessWeek’s innovation and design coverage. I was joined by several other authors on the panel, including Scott Davis, author of The Shift and Bridget Brennan, author of Why She Buys. Scott and … Continue reading The Future is Now…Almost

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Diving Deep

A recent article in Forbes Magazine by Lee Gomes said that a more effective form of innovation than disruption is to do a Deep Dive. Since this also happens to be the title of my new book on strategic thinking (Deep Dive: The Proven Method for Building Strategy, Focusing Your Resources and Taking Smart Action), … Continue reading Diving Deep

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The Holy Grail: Competitive Advantage

What is your competitive advantage? If you’re not able to answer this question, there’s a good chance you don’t have one. And if you don’t have one, there’s the distinct possibility that your company won’t be around much longer. We can break competitive advantage into three areas, starting with your capabilities. What are your key … Continue reading The Holy Grail: Competitive Advantage

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Innovation’s Unforced Errors

One of the top issues on senior executive’s agendas is the quest to inject a bolus dose of innovation into their businesses in order to meet continually demanding growth objectives. Innovation can have the positive results of differentiation, productivity and neutralizing a competitor’s advantage. Unfortunately, research has shown that the most common result of innovation … Continue reading Innovation’s Unforced Errors

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Innovation = New Value

The topic of innovation can send people in a lot of different directions. Perhaps the simplest definition of innovation is “something that provides new value to customers.” When we think about innovation as providing new value, it opens up a world of opportunities to us. And customers can be both external and internal. So innovation … Continue reading Innovation = New Value

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