47 Posts found for Author: Martin Reeves

Over the past few years, CEOs have been paying increasing attention to corporate social responsibility, sustainability, and ethics. In a recent global survey of business executives conducted by BCG and MIT Sloan Management Review, more than two-thirds of the 4,700 respondents agreed that sustainability is essential to competitiveness. Moreover, nearly three-quarters said that it is permanently on their agenda and that their commitment will increase … [ Read more ]

Content: Article | Authors: Claire Love, Knut Haanæs, Martin Reeves, Wendy Woods | Source: Boston Consulting Group (BCG) | Subject: Social Responsibility (ESG)

In an increasingly turbulent world, a company must continuously adapt its business model to changes in the ecological, social, and economic spheres over both short and long time horizons. We call the ability to do this “ecosocial advantage.”

Content: Quotation | Authors: Claire Love, Knut Haanæs, Martin Reeves, Wendy Woods | Source: Boston Consulting Group (BCG) | Subject: Social Responsibility (ESG)

How predictable are competitive conditions in your industry? How much power does your company have to shape its underlying competitive environment? These questions are critical to strategists, since clearly the kinds of strategies that work in predictable industries are likely to be worlds apart from those geared to shaping highly volatile environments.

Content: Article | Author: Martin Reeves | Source: Harvard Business Review | Subject: Strategy

Companies are increasingly finding themselves part of—or competing against—highly networked systems of partners, customers, and suppliers. These systems are able to innovate rapidly, leapfrog the experience curve, and quickly attain market leadership. They require a different kind of management—one that allows some decisions to emerge from interactions among players.

Content: Article | Authors: Alex Bernhardt, Martin Reeves | Source: Boston Consulting Group (BCG) | Subject: Strategy

The increasing interdependence between business and society presents an opportunity for companies to develop “social advantage” by aligning the business and social dimensions of their strategies to create more sustainable, valued, and expansive business models. Creating social advantage goes beyond financial metrics to renewing depletable resources and goodwill, meeting and capitalizing on consumers’ ecological needs, and developing new markets around alternative and renewable resources. This … [ Read more ]

Content: Article | Authors: Dieter Heuskel, Martin Reeves, Tom Lewis | Source: Boston Consulting Group (BCG) | Subject: Social Responsibility (ESG)

Companies adapt to rapid changes in competitive markets by introducing variation into their products and internal routines. They select the most promising variations through stage gates, portfolio management, pilots, or full-scale tests. And they amplify and embed their successes through resource allocation, internal or external competition, and specialization. These activities are fine-tuned through modulation—the locus of strategic intent in the process—in response to the environment, … [ Read more ]

Content: Quotation | Authors: Martin Reeves, Michael Deimler, Yves Morieux | Source: Boston Consulting Group (BCG) | Subject: Strategy

Traditional strategy becomes limited when variables are constantly shifting. Organizations with an adaptive advantage achieve superior outcomes by continuously reshaping the enterprise through a process of managed evolution. Readiness, responsiveness, and resilience are necessary for surviving turbulence, but a recursive approach—in which better strategies evolve iteratively in response to change—is essential for sustainable advantage. Choosing the best style of adaptive strategy depends on the rate … [ Read more ]

Content: Article | Authors: Martin Reeves, Michael Deimler, Ron Nicol, Yves Morieux | Source: Boston Consulting Group (BCG) | Subject: Strategy