Strategic Clarity

Deloitte Insights - Apr 27, 2021

Leading through the fog of disruption

The strength of purpose, values, and mission

Read Article By Dr. Gerald C. Kane, Rich Nanda, Anh Nguyen Phillips, and Jonathan Copulsky

Bain & Company - May 4, 2021

Growth Strategy: Identifying Your Parenting Advantages

The traits that nurtured your main growth engine can bring new success beyond the core.

Read Article By Josef Ming, Adrien Bron, Matthew Crupi, Sri Rajan, Dunigan O'Keeffe, and Bhavya Nand Kishore

MIT Sloan Management Review ($) - Apr 29, 2021

What Makes Successful Frameworks Rise Above the Rest

Business leaders can better assess and strengthen analytical frameworks using seven evaluation criteria.

Read Article By David Gray

Medium ($) - Apr 23, 2021

Making Your Business To Stand Out In A Crowded World

We’re living in a communication insurgency and to be effective, you should be a piece of the new world request. Today individuals convey progressively. Social networks are not difficult to utilize, totally free, and arrive at each human in the world with a web association, so it’s no big surprise that billions of individuals around the planet have inclined toward them.

Read Article By Media Tribe

Medium ($) - Apr 27, 2021

Cracking the Apple Orchard Mystery and Its Exponential Sales

3 broad areas to explore where your ideal customer may be primed to buy

Read Article By Sharon Woodhouse
Source Photo: Photo by plotulit.

Forbes ($) - Apr 28, 2021

Why Your Firm Needs A Systematic Value Creation Process

Capitalism, as Peter Drucker remarked in 1954, is in the first instance about creating value for customers. The significance of his dictum becomes ever more important in the fast-changing customer-centric marketplace of the 21st century.

Read Article By Steve Denning
Source Photo: Three books on systematic innovation processes MCGRAW HILL EDUCATION,CROWN BUSINESS,LID PUBLISHING

HBR.org ($) - Apr 26, 2021

How Xiaomi Became an Internet-of-Things Powerhouse

When you think about Xiaomi, you mind probably goes to smartphones, but what’s less known is that the company originally entered the fiercely competitive smartphone market without offering a phone. When Xiaomi launched in 2010, it only offered a free Android-based OS. But within seven years, it became one of the world’s largest smartphone makers, reaching $15 billion in revenue. In this article, based on interviews with top executives, the authors discuss how Xiaomi was able to grow so explosively, the strategies it used, and what other companies can learn from Xiaomi’s rise.

Read Article By Haiyang Yang, Jingjing Ma, and Amitava Chattopadhyay
Source Photo: SOPA Images/Getty Images

strategy+business ($) - Apr 19, 2021

Being an expert navigator is the key to innovation success

Innovators must prepare for their journey like adventurers: studying the conditions and being prepared to respond to dynamic elements along their path.

Read Article By Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade
Source Photo: Photograph by Klaus Vedfelt

George Veth

This podcast, and accompanying transcript, is a conversation with the author of a new book titled “Better, Simpler Strategy”; which introduces readers to the idea of a Value Stick. The top of the stick represents a customer’s Willingness-To-Pay (WTP) for the products or services of a company, and the bottom of the stick represents the employee’s or partner’s Willingness-To-Sell (WTS) their time and talents to produce said product or service. The author wants the company to have a “simple” focus on increasing the value at both ends of the stick, thereby increasing the value to its customers (translating into higher prices) and increasing its value to its producers (lowering the required cost to produce the products of the company). I’m intrigued enough to suggest the idea to others – but I think I need to read more! It’s a book to read and an idea to watch.

HBR Ideacast - Apr 20, 2021

Streamlining Your Company’s Strategy

Felix Oberholzer-Gee, professor at Harvard Business School, says many organizations spend so much energy on strategy that it overwhelms with conflicting priorities. Instead, he argues companies should simplify and focus on two value drivers: customer satisfaction and employee satisfaction. By aligning strategic initiatives on these alone, leaders make their workers’ jobs less complicated and also improve customer experiences.

Read Article By Curt Nickisch and Felix Oberholzer-Gee

Fast Company ($) - Apr 16, 2021

Every brand should embrace these 5 lessons in customer loyalty from super group BTS

How the K-pop band keeps its fans, aka, the Army, delighted and growing, according to a marketing strategist.

Read Article By Mark Miller
Source Photo: [Photo: Big Hit Entertainment/AMA2020/Getty Images via Getty Images]

Forbes ($) - Apr 20, 2021

Why Organizations Must Reinvent Their Talent Strategy And Embrace Open Innovation

In his seminal book, Crowds and Power, Nobel Laureate Elias Canetti writes about the “freedom and relief” that the experience of “becoming one with the crowd” provides to individuals otherwise unconnected to one another.

Read Article By Nitin Rakesh
Source Photo: GETTY

strategy+business ($) - Apr 12, 2021

How organizations can design for agility and embrace uncertainty

Clarins Group’s organizational experiment during the pandemic shows that large companies can adapt and become more flexible when it matters most.

Read Article By Stéphane JG Girod and Martin Králik
Source Photo: Illustration by MirageC

George Veth

Here is another another article coming out of the BCG research and writing machine. The article reviews “Nine Attributes to Assess Sustainable Business Advantage” and includes four attributes that get at nontraditional stakeholder values. These are what I call other “Dimensions of Value” that need to be considered in strategy. It’s a really good list of considerations to assess your business and even to compare against other businesses. However, I also noticed a slight variation of terms used to describe the idea. This is new territory that is still wet paint. I think it’s important to dig in.

BCG - Apr 9, 2021

How to Tell If Your Business Model Is Truly Sustainable

Throughout the pandemic, companies worked to rapidly adjust their business models to be more resilient and competitive in the face of uncertain economic recovery. As companies now build back, how can they assess which business model changes will enable the company to become genuinely more resilient and sustainable over time?

Read Article By David Young and Marine Gerard

George Veth

This article lays out an approach to how you create a “different” future. In a step by step sequence, the author provides a detailed example where he performs a deep dive on market dynamics and its effects on consumer behavior. It’s a long piece, so be sure to find a quiet place and a cup of coffee so you can pay attention. However, I appreciated the challenge to get out of my incrementalism and truly consider what could be a real breakthrough.

Medium ($) - Apr 8, 2021

Campbell’s Soup & How To Design A Category Breakthrough In The Roaring 2020s

For 30 years, the business sold little else besides produce, canned tomatoes, vegetables, jellies, condiments, minced meats, and of course, soups. Business was good, but there was nothing “radically different” about these products. Canning had been widely accepted as a method for sealing food since the early 1800s, and even when pasteurization was invented in 1864, fresh foods were difficult products to scale. Soup, for example, while cheap to make (its primary ingredient being water), was still heavy and expensive to ship.

Read Article By Nicolas Cole

Harvard Business Review ($) - Apr 5, 2021

Innovation Starts with Defining the Right Constraints

What drives big, breakthrough innovations? Often it’s constraints — limitations that force designers to rethink the whole problem and come up with something completely new to address it. The caveat here is that certain constraints spur big thinking, while others tamp it down. Limiting outcomes (a new product needs to cost 10% what it’s competitors do) or time (design this product in nine months) or both creates specific bounds for designers, but leaves the path they take to reach this goal wide open, forcing them to consider bold new solutions. Most leaders, however, constrain budget and risk. They tell teams their innovation must cost no more than a certain amount — a figure based on assumptions about what kind solution the team will deliver — or communicate to the team, “don’t do anything too risky, especially something that might cannibalize existing business.”

Read Article By Fiona Murray and Elsbeth Johnson
Source Photo: Arthur Debat/Getty Images

BCG - Apr 7, 2021

Systems Thinking Powers Bionic Success

Google has turned 23. Amazon is 27; Facebook, 17. Apple has produced 12 generations of the iPhone since 2007. How do digital natives grow from nothing to become the world’s most valuable companies at such young ages while the largest legacy firms place massive bets on digital transformation and make only incremental progress? The question gains urgency as the pandemic pushes consumers and businesses toward more-digital engagement and business models.

Read Article By Allison Bailey, Karalee Close, Marc Roman Franke, Michael Grebe, and Rich Hutchinson

Harvard Business Review ($) - Mar 26, 2021

How AI Can Help Companies Set Prices More Ethically

Using AI and data-driven tools, companies can change the price of a good or service based on who is buying, when they’re shopping, and myriad other factors. This power raises a question: Should ethics and societal values factor into these prices — and how? Companies should consider what they’re selling, who they’re selling to, and how they’re selling their products, and consider the range of possible impacts. Then, they should 1) get creative about reducing negative externalities, 2) reach out to stakeholders, and 3) build proactive filters into their pricing deliberations.

Read Article By Mark E. Bergen, Shantanu Dutta, James Guszcza, and Mark J. Zbaracki
Source Photo: ilbusca/Getty Images

McKinsey & Company - Mar 22, 2021

Defining and seizing the mobility ecosystem opportunity

What mobility ecosystems will help OEMs and other industry stakeholders in the next normal?

Read Article By Kersten Heineke, Tamara Hornik, Dennis Schwedhelm, and Imre Szilvacsku

Medium ($) - Mar 17, 2021

Crafting Unforgettable Experiences with Sean Lurie: 4 Key Principles

Think back to your last memorable experience. Was it positive or negative? What stands out to you most? What happened in between? How did the experience start? How did it end?

Read Article By Cassie Ang Yu

Fast Company ($) - Mar 9, 2021

How Hermès conquered the luxury industry

Hermès eschews trends and embraces old-fashioned craftsmanship—and has seen its revenue climb.

Read Article By Elizabeth Segran
Source Photo: [Source photos: Chris Payne, courtesy of Hermès; Studio des Fleurs, courtesy of Hermès]
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Strategic Clarity

 

Strategic Clarity articulates long term priorities as well as current strategies throughout the company

All Time Favorites

McKinsey & Company - Jun 1, 2002

Harvard Business Review ($) - Jun 1, 2002