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Rita McGrath

Author. Speaker. Consultant.

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Growth Options / Real Options

January 10, 2023

If your organization operates as a multi-layer bureaucracy, it’s headed for extinction

Image credit:  https://elearningindustry.com/reasons-why-talent-development-is-important Happy New Year!  Ram Charan and I co-authored an article just out in this month’s Harvard Business Review about how technology is creating the conditions for what we call the “permissionless” corporation…. Read more »

Filed Under: Business Strategy, Discovery Driven Planning, Growth, Growth Options / Real Options, Profitable Organic Growth

November 29, 2022

A few reflections from the Global Peter Drucker Forum

I’ve always had an affection for the writing of the late Peter Drucker.  His legacy is honored by the annual gathering of the Global Peter Drucker Forum, and there are always some nuggets of wisdom… Read more »

Filed Under: Discovery Driven Planning, Growth Options / Real Options, Insights and ideas, Leadership, Opportunities, Thought Sparks

October 25, 2022

Simultaneous discovery – or the sincerest form of flattery? Board Committee research

Two topics here – how to get Boards focused on science and technology for the long term, and how good ideas can get … um … discovered? Image Source The difference a special Board committee… Read more »

Filed Under: Business Strategy, Discovery Driven Planning, Growth, Growth Options / Real Options, Leadership, Seeing Around Corners

October 18, 2022

The skills we aren’t taught, and how you can expand your leadership through leveraging them

Our leadership models are changing – from command and control to questioning and discovery. You can learn to develop these skills and improve your capability as a leader.  How do you sustain your competitive advantage… Read more »

Filed Under: Discovery Driven Planning, Growth, Growth Options / Real Options, Insights and ideas, Thought Sparks

October 4, 2022

Taking a discovery driven approach to internal projects

The first step of discovery driven planning lies in specifying what success looks like. For for-profit projects, this usually takes the form of a level of growth or enhanced profitability.  But there are many kinds… Read more »

Filed Under: Discovery Driven Planning, Growth, Growth Options / Real Options, Opportunities, Seeing Around Corners, Thought Sparks

September 23, 2022

When Business Cases Teach the Wrong Lessons

Jeffrey Pfeffer, in his great book “The 7 Rules of Power” declares that “success excuses (almost) everything.”  Success also determines which stories about the origins of that success get told and which headlines are buried. … Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Case Studies and Applications, Discovery Driven Planning, Growth, Growth Options / Real Options, Innovation Flops, Strategy Execution

August 2, 2022

How LEGO used Agile Principles to Accelerate Innovation

Source:  https://www.youtube.com/watch?v=zCXMx7RcZ5I   Agile methods – in which work is done in parallel by cross-functionally staffed teams – has been the subject of a lot of hype. How refreshing, then, to discover examples of firms… Read more »

Filed Under: Business Strategy, Growth, Growth Options / Real Options, Leadership, Opportunities, Seeing Around Corners

July 12, 2022

7 Ways to Take Smart Career Risks: Lessons from Sharon Price John, CEO of Build-A-Bear Workshop

Fear is one of the great barriers to career advancement. Sharon Price John’s fabulous career is full of lessons on how to get past those fears and get out of your own way. Being afraid… Read more »

Filed Under: Business School, Careers, Customer insight, Friday Fireside Chat, Growth, Growth Options / Real Options, Innovation, Leadership, Seeing Around Corners, Thought Sparks, Women's leadership

June 28, 2022

You can’t tackle complex systems with linear thinking

As Daniel Kahnemann has pointed out to us, while the human brain is a remarkable organ, it also has its limitations. One of these is that it is built to conserve energy.  What that in turn… Read more »

Filed Under: Business School, Business Strategy, Competition, Complexity, Digital, Discovery Driven Planning, Growth, Growth Options / Real Options, Innovation, Leadership, Opportunities, Seeing Around Corners, Thought Sparks, Valize

May 31, 2022

Counting down Our Top Ten List of Discovery Driven Planning misses – Part 1 (10 through 6)

Through Valize, Ron Boire and I have been working with clients to use the tools we have developed to bring Discovery Driven Planning / Discovery Driven Growth to life. Although we’ve got years of experience… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Discovery Driven Planning, Growth, Growth Options / Real Options, Leadership, Thought Sparks

May 17, 2022

Startups in distress – we’ve seen this movie before

Wired magazine offered an article on the state of things in startup-land and discovered, astonishingly, that “The Bad times are Coming for Startups.” But not every startup, of course, mainly the ones that blithely ignore entrepreneurship… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Growth, Growth Options / Real Options, Innovation, Technology

September 21, 2021

How a Growth Gap can Sneak Up On You

This article was co-developed with Alex van Putten, Partner at Cameron and Associates, and draws from our 2017 article “How to Set More Realistic Growth Targets.” It’s always easy to project rosy growth goals that… Read more »

Filed Under: Business Start Ups / Entrepreneurship, Business Strategy, Growth Options / Real Options, Innovation, Seeing Around Corners

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