The founder of McKinsey’s Strategy Practice, a London Business School professor, and a chief strategist turned professor describe pain points and possibilities for strategists on the leading edge.
Content: Article | Authors: Dan Simpson, Frederick W. Gluck, Michael G. Jacobides | Source: McKinsey Quarterly | Subject: Strategy
A minor but pervasive frustration that seems to be unique to management as a profession is the rapid obsolescence of its jargon. As soon as a new management concept emerges, it becomes popularized as a buzzword, generalized, overused, and misused until its underlying substance has been blunted past recognition.
Content: Quotation | Authors: A. Steven Walleck, Frederick W. Gluck, Stephen P. Kaufman | Source: McKinsey Quarterly | Subjects: Best Practices, Business Rules