One of the most difficult – but essential – decisions to make in today’s hypercompetitive markets are those that involve shutting things down. It is heartbreaking – every product, every line of business and every… Read more »
Archives for February 2008
Debt got way out of hand
It’s stunning to read about how leveraged our economy is, and how painful the de-leveraging process is likely to be. Still, there are bound to be opportunities for the enterprising in all the pain around… Read more »
Analysts’ asymmetrical recommendations
One of the most interesting aspects of our financial markets is a fundamental asymmetry in reality versus analyst recommendations. Simple math suggests that half of all stocks will under-perform the market average, yet analysts persist… Read more »
Rita McGrath’s Toy Story
In a Sacramento Bee story entitled Changing economy brings end to retailer’s 27-year-old toy story, Rita McGrath was quoted as to the closing of a long-time toy store. “The spending slowdown is particularly hard for… Read more »
Rita McGrath’s Toy Story
In a Sacramento Bee story entitled Changing economy brings end to retailer’s 27-year-old toy story, Rita McGrath was quoted as to the closing of a long-time toy store. “The spending slowdown is particularly hard for… Read more »
The curse of past success: Fast Strategy Diagnostic
Doz and Kosonen have a most interesting diagnostic tool posted on their website strategic agility, which is linked to their book Fast Strategy. If you are concerned that your organization may have enjoyed too much… Read more »
Discovery Driven Planning: The case for collective decisions
Doz and Kosonen’s new book Fast Strategy presents their research into how companies can dramatically alter their core businesses in response to dynamic strategic environments. I’m just reading through it, and one of their comments… Read more »
Rita McGrath quoted in UK article “Scholars raise concerns over business school ‘theory fetish’ ”
Rita McGrath’s Academy of Management article was quoted in the Times Higher Education UK article about the relevancy of Business Schools: “Humiliating though it may be, there is a reason that stories about mice who… Read more »
Rita McGrath quoted in UK article “Scholars raise concerns over business school ‘theory fetish’ ”
Rita McGrath’s Academy of Management article was quoted in the Times Higher Education UK article about the relevancy of Business Schools: “Humiliating though it may be, there is a reason that stories about mice who… Read more »
Discovery Driven Planning makes the intuitions of entrepreneurs explicit
Browsing through this month’s edition of Inc. magazine, I came across a column by Norm Brodsky on the advice he gave to a young entrepreneur. The guy’s business concept was interesting. He imports dirt from… Read more »
Discovery Driven Planning: Identifying Key Metrics
The skeleton of a discovery driven plan has to do with the key metrics that you use to make assumptions, and which drive the relationships among the elements featured in your plan. It is often… Read more »
Discovery Driven Planning: Getting started and a dog-walking example
To develop a discovery driven plan, you’ll proceed through five interlinked steps. These are: Start with a compelling outcome – meaning, know what would make the investment worthwhile Benchmark your ideas against market demand and… Read more »