Philip Evans

Perhaps a lot of traditional insights can still be exploited if we are willing simply to abandon the idea of a solution, an endgame. Not because it does not exist or does not matter, but simply because it is unknowable, at least for now. Perhaps we need to redefine strategy as the art of surviving rapid transition, something like log-rolling or surfing. Strategy as direction … [ Read more ]

Management Lessons of Premium Conglomerates

Much of the debate about the value of highly diversified companies, or conglomerates, centers on theoretical views of diversification, risk, and investor portfolio profiles. In an effort to examine the issue of conglomerate performance in a more pragmatic and action-oriented way, The Boston Consulting Group studied the market performance of conglomerates during the 10-year period from 1988 to 1997.

Facing the China Challenge: Using an Intellectual Property Strategy to Capture Global Advantage

China is on the CEO’s agenda of virtually every global company, with a powerful concern – Intellectual Property (IP) – increasingly capturing top attention. Large sums of money and future strategic positions are at stake amidst a jungle of IP issues in China. Leading companies pursue three key IP objectives in China: defending and monetizing IP rights, influencing and monitoring the development of key standards, … [ Read more ]

China and the New Rules for Global Business

China offers potentially huge benefits for multinational corporations. With a population exceeding 1 billion and an immense supply of low-wage workers, China is coveted both as a consumer market and as a superb location to source products. But is China really the place where major corporations need to be in the decades to come? In this first of four special reports on China, experts from … [ Read more ]

It’s Time to Talk Sense about Outsourcing

Gregory Mankiw, head of the White House Council of Economic Advisors, ignited a firestorm of debate when he said outsourcing of U.S. jobs is probably a good thing in the long run. As tends to happen with hot-button issues in presidential election years, sensible discussion of this question was soon drowned in an uproar of political posturing. Experts at Wharton and the Boston Consulting Group … [ Read more ]