Building a Flywheel Business

By linking customers and capabilities, companies can generate the momentum for sustainable growth.

Editor’s Note: I didn’t find the flywheel concept articulated in the article especially compelling, but nor is it without any merit.

After 500 Years, Why Does Machiavelli Still Hold Such Sway?

It may be five centuries old, but The Prince remains one of the most quoted leadership tomes of all times. The reason for its persistent popularity is clear: “Big Mac” was an unabashed realist.

Solving China’s M&A Maze

Multinationals creating partnerships with Chinese companies can adopt eight best practices to help manage the unique complexities they often encounter.

Sally Helgesen

Real engagement doesn’t flow from trying to convince yourself that what your company produces will change the world for the better–– a fairly fruitless quest for many. Rather, meaning must be sought in how the scope of our work allows us to reach our highest potential.

The Thought Leader Interview: Cynthia Montgomery

A Harvard Business School professor observes that leaders become better strategists by engaging in conversations about the purpose of a company.

Designing the Right Supply Chain

Companies that align their operations to their strategy unleash superior performance.

Why Eric Ries Likes Management

The author of The Lean Startup is thinking big about the challenges facing companies in an economy driven by innovation.

Product Management Gets Stronger

An innovative approach to managing product portfolios—the strong-form model—can help companies stay ahead of change.

Kenneth Boulding

Nothing fails like success because we don’t learn from it. We learn only from failure.

The Dynamic Capabilities of David Teece

To U.C. Berkeley’s long-standing strategy thinker, companies gain an edge only when they evolve in ways no one else can match.

Loran Nordgren

There’s a fascinating literature called person perception: the study of how people evaluate others. You tend to do this very, very quickly—within minutes of meeting a person, you’ve already sized him or her up. More than 90 percent of the evaluations you make are based on just two dimensions. The first is your perception of people’s competence. Do they seem to know what they’re talking … [ Read more ]

A.G. Lafley and Roger Martin

In our view, leaders would do well to take a more systematic approach to developing their decision-making capabilities. The place to start is… with intellectual integrity. In common usage, the word integrity means honorable or virtuous behavior. For our purposes, though, we draw a distinction between exhibiting honorable behavior (moral integrity) and exhibiting discipline, clarity, and consistency so that all of one’s decisions fit together … [ Read more ]

Clayton Christensen

How can you make sense of the future when you only have data about the past? That’s the role of theory, to look into the future.

Well-Tailored IT

Develop a sophisticated, more strategically oriented information technology approach.

Cynthia Montgomery

For many leaders, there’s an immense gap between intellectually understanding the theory of strategy and being able to apply it in their own businesses. It’s only by directly engaging in strategy themselves that most leaders internalize the important questions and get a clear sense of what’s involved—the trade-offs, choices, commitments, and actions—in bringing a strategy to life.

Helmuth von Moltke

Certainly the commander in chief will keep his great objective continuously in mind, undisturbed by the vicissitudes of events. But the path on which he hopes to reach it can never be firmly established in advance. Throughout the campaign he must make a series of decisions on the basis of situations that cannot be foreseen… Everything depends on penetrating the uncertainty of veiled situations to … [ Read more ]

Cynthia Montgomery

The existentialist philosopher Jean-Paul Sartre wrote about the “courage to choose,” and understood that choosing isn’t just an intellectual thing; it takes guts.

Cynthia Montgomery

I’m trying to get people excited about being strategists and to see why it’s a distinctive way that they as leaders can add value to their businesses. I’m also trying to help them understand that strategy is far more than an idea. There’s a conundrum you sometimes hear in business school: “Would you rather have a brilliant, fully worked-out strategy and poor execution, or a … [ Read more ]

Cynthia Montgomery

Robert Katz, who wrote a classic article called “Skills of an Effective Administrator” [Harvard Business Review, September 1974], said that when you start your career, to succeed, you need a functional skill: For example, you need to be good at accounting, engineering, or HR. At the next level up, you need to be good with people. And at the very top, you need conceptual skills. … [ Read more ]