The End of Globalisation?

Political science suggests that a reversal, or even collapse, of globalisation is a distinct possibility.

Natalia Karelaia

We found that individuals with a high sense of social connectedness felt their individual actions would generate a greater impact on a larger scale and, as a result, tended to be the most socially conscious consumers. Overall, the social values self-reported by the respondents were a less reliable predictor of behavior than the feeling that they, as individuals, could make a difference. This result is … [ Read more ]

Forming Corporate Alliances That Get Results

Four principles that describe how well-chosen and well-managed alliances boost financial performance.

Finding Your Space on the Entrepreneurial Map

The two fundamental dimensions on which entrepreneurial projects differ are the level of uncertainty – how much is known and how dangerous are the unknowns – and the cost of experimentation. In a recent study, Jackson Nickerson and Robert Wuebker and Nathan Furr used these dimensions of cost and uncertainty to create a 2×2 matrix to identify four zones of development, into which entrepreneurial projects … [ Read more ]

Phanish Puranam

Traditional theories and frameworks pertaining to strategic resource allocation – such as the famous BCG growth-share matrix, (or the very similar GE/McKinsey matrix) which categorizes businesses according to market share and growth potential –omit consideration of synergies. Paradoxically, these frameworks, which have been synonymous with corporate strategy, give short shrift to its most fundamental issue: corporate advantage. Thinking about investment in standalone terms may mislead … [ Read more ]

A Framework for Driving Digital Transformation

Digitally transforming an organization and capturing opportunities is often challenging as it requires C-suite executives and entrepreneurs to identify possibilities and drive change concurrently in three areas where digital technologies are can make significant differences and change the face of organizations.
1. Intelligence – Seeing digital data as a source of insight and using this data in knowledge-creation processes to create competitive advantages.
2. Integration – Leveraging … [ Read more ]

Factoring Synergies into Resource Allocation Decisions

Pigeonholing business units into categories like “dogs” and “stars” gives short shrift to the most important elements of corporate strategy.

Erin Meyer

At a deep level, no matter where we come from, we are driven by common physiological and psychological needs and motivations. Yet the culture in which we grow up in has a significant bearing on the ways we see communication patterns as effective or undesirable, to find certain arguments persuasive or lacking merit, to consider certain ways of making decisions or measuring time “natural” or … [ Read more ]

Preventing Social Media Armageddon

The accessibility and fluidity of social media leaves organisations open to significant risks. But there are countermeasures organisations can take to prevent reputation disaster.

What Corporate Strategists Need to Know About Synergies

Understanding the distinctive “footprints” of four different types of synergy can help improve the way you value and implement corporate strategies.

How Lunatics, Experts and Connectors Help Drive Innovation

Hackers and hipsters may be behind the innovative success of today’s startups, but established companies require a different skillset.

Phanish Puranam

The fundamental challenge in organizational design is managing the tension between division of labor and integration of efforts. People often make the mistake of emphasizing the former at the expense of the latter. They may devise an organizational structure that contains all the units required to perform desired tasks, but fails to provide the information links between units and the motivational mechanisms necessary … [ Read more ]

Five Reasons Most Companies Fail at Strategy Execution

If your organizational culture has these five characteristics, all attempts to implement strategic change will likely be doomed.

Erin Meyer

There are two basic types of trust: cognitive trust and affective trust. Cognitive trust is based on the confidence you feel in another person’s accomplishments, skills and reliability. This is trust from the head. Affective trust on the other hand, arises from feelings of emotional closeness, empathy or friendship. This type of trust comes from the heart. In all … [ Read more ]

Innovation Metrics and KPIs: Are You Getting What You Pay For?

Everyone’s pushing hard for innovation in science, technology, logistics and business planning but how do you know you’re getting the best return on your investment?

Map Your Team’s Cultural Differences

The way we are conditioned to see the world in our own culture seems obvious and commonplace. To maximise a multicultural team, managers should identify what is typical in their culture but different from others to open a dialogue of sharing, learning and understanding.

Transforming Organisations for Sustained Innovation

“Market-oriented” firms are better able to innovate consistently, but getting there requires complex and demanding organizational change.