RitaMcGrathandIanMacMillancitedinForbes

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The Forbes article excerpts From Strategy to Execution: Turning Accelerated Global Change into Opportunity by Clayton Christensen and cites Rita McGrath and Ian MacMillan as follows:
"Instead, companies should focus on progress-tracking metrics such as knowledge-to-assumption ratios, which are reflective of the development of the business idea, as well as both directional and actionable. Indeed, this sort of "plan to learn" approach, which we adapted from Ian C. MacMillan and Rita Gunther McGrath's article Discovery-Driven Planning (Harvard Business Review, July 1995), urges teams to focus on identifying and rapidly addressing risks and assumptions. This approach should guide strategic efforts." To read the entire Forbes article, click here.

  • Posted: Saturday, September 13, 2008

BusinessWeek.comfeaturesRitaMcGrath’sHarvard’sDynamicStrategiesblogpost

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Business Week has featured Rita McGrath's August 27, 2008 post at Harvard Business entitled Cut Costs like Avon -- Not Home Depot. The Business Week post is here.

  • Posted: Tuesday, September 09, 2008

MakingtheConsumptionChainSmarter

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Stephen L. Schwartz of Intermec Technologies and a attendee at a recent Columbia Executive Education Leading Strategic Initiatives class led by Rita McGrath wrote to her of an innovation implemented by its client Vail Resorts. "Vail Resorts Improves Season Ski Pass Holder Experience: Intermec has announced that its CN3 mobile computers with IP30 handheld RFID readers have been chosen by Vail Resorts, the premier mountain resort company in the world and a leader in luxury destination-based travel at iconic locations, for its 2008-2009 season ski passes at Vail, Beaver Creek, Breckenridge, Keystone and Heavenly. The "easy scan" process makes getting through lift lines easier and more convenient by using RFID technology to give skiers and snowboarders holding 2008-2009 season passes the option to keep their passes inside their jacket and be automatically scanned by a Vail Resorts employee in the lift line." To read the entire article at GPS.com, click here. Steve writes that the next frontier for applying this Making the Consumption Chain Smarter technology is movie theaters.

  • Posted: Wednesday, August 27, 2008

StrategyInnovationvs.StrategicPlanning(DiscoveryDrivenPlanning)

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Business Innovation blog posted "If you are intrigued by the potential of strategy innovation for your company, be aware that you will not get it from your current strategic planning process. You will have to create a separate process for strategy innovation, one that is:
Creative
Market-centric
Heuristic (discovery-driven)"
To read the entire post, click here.

  • Posted: Friday, August 15, 2008

ShouldSuccessfulCompaniesBotherwithInnovation?

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Scott D. Anthony, president of Innosight, an innovation consulting and investing company with offices in Massachusetts, Singapore, and India poses that question at the Harvard Business Publishing blog and mentions Rita McGrath as one of the thought leaders. "We believe we are on the cusp of an era where companies develop the ability to innovate much more reliably and repeatedly. Patterns of success and failure, highlighted by excellent research by Robert Burgleman, Clayton Christensen, Richard Foster, VG Govindarajan, Rita Gunther McGrath, and many more are coming into clearer focus by the day." To read the entire article, click here.

  • Posted: Friday, July 18, 2008
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