7 Posts found for Author: Marc de Jong

About one-third of US companies reallocate no more than 1 percent of their resources from year to year. Whether through bias, office politics, or plain old inertia, they simply roll this year’s plan into next year. It should, by now, go without saying that this is a terrible starting position from which to expect transformative change. Companies can escape the cycle by creating target portfolios, … [ Read more ]

Content: Quotation | Authors: Chris Bradley, Marc de Jong, Wesley Walden | Source: McKinsey Quarterly | Subjects: Finance, Management

Improve the odds of a successful business transformation by going “all in” to kick-start performance and remake your portfolio.

Content: Article | Authors: Chris Bradley, Marc de Jong, Wesley Walden | Source: McKinsey Quarterly | Subjects: Best Practices, Management, Strategy

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Some ideas, such as luxury goods and many smartphone apps, are destined for niche markets. Others, like social networks, work at global scale. Explicitly considering the appropriate magnitude and reach of a given idea is important to ensuring that the right resources and risks are involved in pursuing it. The seemingly safer option of scaling up over time can be a death sentence. Resources and … [ Read more ]

Content: Quotation | Authors: Erik Roth, Marc de Jong, Nathan Marston | Source: McKinsey Quarterly | Subjects: Innovation, Management, Operations, Strategy

Governing beliefs reflect widely shared notions about customer preferences, the role of technology, regulation, cost drivers, and the basis of competition and differentiation. They are often considered inviolable—until someone comes along to violate them. Almost always, it’s an attacker from outside the industry. But while new entrants capture the headlines, industry insiders, who often have a clear sense of what drives profitability, are well positioned … [ Read more ]

Content: Quotation | Authors: Marc de Jong, Menno van Dijk | Source: McKinsey Quarterly | Subjects: Innovation, Management, Strategy

In a disruptive age, established business models are under attack. Here’s how incumbent companies can reframe them.

Content: Article | Authors: Marc de Jong, Menno van Dijk | Source: McKinsey Quarterly | Subjects: Innovation, Management, Strategy

Strategic and organizational factors are what separate successful big-company innovators from the rest of the field.

Content: Article | Authors: Erik Roth, Marc de Jong, Nathan Marston | Source: McKinsey Quarterly | Subject: Innovation