Why bad strategy is a ‘social contagion’
Author and academic Richard Rumelt explains how to develop strategies that aim to solve problems rather than simply state ambitions.
Content: Thought Leader | Authors: Richard Rumelt, Yuval Atsmon | Source: McKinsey Quarterly | Subject: Strategy
Where, How Much, and How: Answering the Hardest Questions of Resource Allocation
The challenge of resource allocation is determining where the resources will bring the most value, how much money and talent to redistribute, and how to put those shifts effectively into action.
Content: Article | Author: Yuval Atsmon | Source: McKinsey Quarterly | Subjects: Finance, Management
Yuval Atsmon, Sven Smit
A consistent finding in our research is that about 75 percent of all growth is a function of the markets in which businesses compete—portfolio momentum—and the acquisitions they initiate. In other words, just 25 percent of a company’s growth typically comes at the expense of competitors. We highlighted this analysis before the market downturn in 2008, and it has continued to hold true since then. … [ Read more ]
Content: Quotation | Authors: Sven Smit, Yuval Atsmon | Source: McKinsey Quarterly | Subjects: General, Management, Strategy
Building Brands in Emerging Markets
Companies that harness word-of-mouth effects, emphasize in-store execution, and get their brands onto shoppers’ short lists for initial consideration are more likely to capture the loyalty of emerging-market consumers.
Content: Article | Authors: Jean-Frederic Kuentz, Jeongmin Seong, Yuval Atsmon | Source: McKinsey Quarterly | Subjects: International, Marketing / Sales