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In this article, we detail the differences between conventional enterprise risk management and enterprise resilience, and explain why a keen understanding of the distinction is essential today, when the boundaries of every major corporation have expanded, increasing a company’s vulnerabilities and its potential for competitive advantage. We also identify how senior executives can assess their organization’s resilience profile and risk management approach. And we explain … [ Read more ]

Content: Article | Authors: Jim Newfrock, Michael Delurey, Randy Starr | Source: strategy+business | Subjects: Risk Management, Strategy

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How businesses treat their people has a demonstrable effect on the bottom line. But few executives know how to encourage the kind of high-performance work practices that will help employees create value for their companies. A comprehensive new human-performance framework can help organizations invest in their people so that performance-and, ultimately, overall business value-will increase in a consistent, predictable way.

Content: Article | Authors: Martin H. Borell, Terence V. Neill | Source: Outlook Journal (Accenture) | Subjects: Organizational Behavior, Strategy

As the pace of change in business accelerates, the legacy of Pierre Wack, the father of scenario planning, is more relevant than ever.

Content: Article | Author: Art Kleiner | Source: strategy+business | Subjects: People, Strategy

With alliances accounting for more and more of companies’ market value, effective alliance management has never been more important. Yet nearly half of these strategic partnerships fail. Here’s how to create a lasting relationship.

Editor’s Note: there are quite a few good articles on this topic listed on MBA Depot (this one is o.k. but not great). Do a keyword search on alliance. One particular … [ Read more ]

Content: Article | Authors: Dominic M. Palmer, Patrick Mullaney | Source: Outlook Journal (Accenture) | Subjects: Management, Strategy

Frequently varying online prices in response to changing market conditions can maximize returns and create a potential new source of competitive advantage. So why are so few companies putting this strategy to use?

Content: Article | Authors: Ajit Kambil, Vipul Agrawal | Source: Outlook Journal (Accenture) | Subjects: Pricing, Strategy

Often the term “business model” is used more or less synonymously with “business strategy.” For example, Adrian Slywotzky describes it as “the totality of how a company selects its customers, defines and differentiates its offerings (or response), defines the tasks it will perform itself and those it will outsource, configures its resources, goes to market, creates utility for customers, and captures profits. It is the … [ Read more ]

Content: Quotation | Source: strategy+business | Subjects: Business Plans, Strategy

Emerging markets offer huge opportunities – for success and failure alike. Arthur D. Little takes a closer look at the underlying forces. One of the main results: companies that want to succeed must be prepared to change their strategies quickly. But, how can they do it?

Content: Article | Authors: Bernardo S. Sichel, Karim Taga, Mark Dougan | Source: Prism (Arthur D. Little) | Subjects: International, Strategy

This Case Study examines how ChateauOnline took its wine e-tailing model from promising and well-publicized beginnings in cyberspace and then met the challenge of negotiating the complexities of a less propitious climate in a highly fragmented market. It explains how this young company developed a viable, sustainable and profitable business at a time when other start up competitors were collapsing as a result of financing … [ Read more ]

Content: Case Study | Authors: David Midgley, Matti Snall, Timothy Devinney | Source: INSEAD | Subjects: IT / Technology / E-Business, Strategy | Industry: Food Products/Service | Company: ChateauOnline

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Despite the widespread use of universal tonics such as total quality management and business process reengineering, strategy is still at the centre of management debate. Strategy is one of the most frequently referred to subject in business. It continues to excite, frustrate and intrigue us.
From Peter Drucker and Henry Mintzberg to Nicolo Machiavelli and Kenichi Ohmae, John Middleton brings together the greatest and most … [ Read more ]

Content: Book | Author: John Middleton | Subject: Strategy

While some aspects of IT are becoming commoditized, other types of IT can still create competitive advantage, according to an Accenture Institute for Strategic Change study. The authors point out three ways in which IT can still make a strategic difference, and present a set of rules for managing IT that distinguish commodity from value-creating IT.

Content: Article | Authors: Jeanne G. Harris, Jeffrey D. Brooks | Source: Accenture | Subjects: IT / Technology / E-Business, Strategy

Partnering has emerged as a viable alternative to mergers and acquisitions. But what are the rules of the game and how to play it? This article offers some answers about when partnering offers more chances than mergers and acquisitions.

Content: Article | Authors: Hiroshi Shimizu, Stefan Odenthal, Thomas Manning | Source: Prism (Arthur D. Little) | Subject: Strategy

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This article is a follow-up to “The Facts About Growth,” which explored the findings of an extensive study by Bain & Company of the factors leading to consistent company value creation. While the early part of this article is repetitive of the earlier article, the latter part offers some good new insight.

Content: Article | Authors: Chris Zook, Jimmy Allen | Source: Bain & Company | Subjects: Best Practices, Strategy

When is a good time to make strategic advances? During a crisis, of course.

Content: Article | Authors: Dominic Barton, Gregory Wilson, Roberto Newell | Source: McKinsey Quarterly | Subjects: Management, Strategy

When a resource becomes essential to competition but inconsequential to strategy, the risks it creates become more important than the advantages it provides.

Content: Quotation | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Competition, Strategy

Strategic alliances are challenging the dominance of acquisitions as primary drivers of growth, and CFOs are steering those coalitions toward impressive returns.

Content: Article | Author: Eric Krell | Source: Business Finance Magazine | Subject: Strategy

The emergence of constant access to information and product markets for consumers and suppliers has transformed marketplace dynamics to the point where companies now have just two strategic choices: be a distributor of value, or a restrictor of value. This month Professor Anderson defines the characteristics of each, the market forces driving this change along with rules for each business strategy.

Content: Article | Author: Martin Anderson | Source: Babson Insight | Subject: Strategy