1297 Posts found for Source: strategy+business

I think modern management will look a lot like portfolio theory… I believe a general theory of management is emerging. It has to help people understand (1) how you take an idea, how you get it started, and how you manage the kind of people who do that well; (2) how you incorporate experiments into your core strategy; (3) how you graduate a new thing … [ Read more ]

Content: Quotation | Author: Eric Ries | Source: strategy+business | Subject: Management

How strategic intuition unlocks innovative solutions to your biggest problems.

Content: Article | Authors: Ken Favaro, Nadim Yacteen | Source: strategy+business | Subject: Innovation

Learning is the unit of progress in entrepreneurship. It’s more important than making money, getting customers, building features, or engineering technical quality. Of course, those things are important, but only insofar as they contribute to learning what creates value and what creates waste.

Content: Quotation | Author: Eric Ries | Source: strategy+business | Subject: Entrepreneurship

Learning is a four-letter word in most companies; learning means you failed to do what you said you were going to do, which, in turn, means you’re a bad manager.

Content: Quotation | Author: Eric Ries | Source: strategy+business | Subjects: Learning, Organizational Behavior

The problem is that in finance, equities never become bonds. They’re separate assets. But successful entrepreneurial products grow up to become established products. Under the old system, the people who launch a product tend to migrate with it. That causes a lot of problems because the skills and at-titudes that make for effective entrepreneurs don’t necessarily make for effective managers of status quo operations.

Content: Quotation | Author: Eric Ries | Source: strategy+business | Subjects: Entrepreneurship, Organizational Behavior

Unless you have truly fundamental inventions that no one else can copy, you need both [intellectual property rights and dynamic capabilities]. Strong intellectual property protection, in itself, will only help you on the first round of innovation. During that time, you can rent other people’s complementary capabilities. But sooner or later, you’re going to get copied, so you’ve got to move quickly to build the … [ Read more ]

Content: Quotation | Author: David J. Teece | Source: strategy+business | Subjects: Innovation, Intellectual Property, Management, Strategy

It’s very hard to figure out which capabilities are most important, which aspect of “the way things are done around here” is the one that leads to superior performance. Sometimes people in an organization don’t know why their own capability is successful. They attribute their success to the wrong factors.

Content: Quotation | Author: David J. Teece | Source: strategy+business | Subjects: Culture, Organizational Behavior

To Harvard professor Clayton Christensen, coauthor of How Will You Measure Your Life?, a primary task of leadership is asking questions that anticipate great challenges.

Content: Thought Leader | Authors: Art Kleiner, Clayton M. Christensen | Source: strategy+business | Subject: Leadership

Art Kleiner introduces a leadership lesson from Managers as Mentors: Building Partnerships for Learning, 3rd Edition, by Chip R. Bell and Marshall Goldsmith.

Content: Article | Authors: Art Kleiner, Chip R. Bell, Marshall Goldsmith | Source: strategy+business | Subjects: Leadership, Organizational Behavior, Personal Development

Planning and performance management systems can be designed to reinforce your most distinctive capabilities—not undermine them.

Content: Article | Author: Matthew Siegel | Source: strategy+business | Subject: Strategy

I’m all in favor of greater corporate disclosure and transparency, but the goal shouldn’t be simply to limit CEO pay. Instead, it should be to make certain their compensation is tied to the company’s long-term performance. And it would be better for all concerned if boards, rather than regulators, assumed their rightful responsibility to get executive compensation right. Three general principles can serve as guidelines … [ Read more ]

Content: Article | Author: James O’Toole | Source: strategy+business | Subject: Corporate Governance

How the science of social transmission can help your brand catch on—and why tweeting alone is not enough.

Content: Thought Leader | Authors: Jonah Berger, Laura W. Geller | Source: strategy+business | Subject: Marketing / Sales

Peter Gollwitzer, a psychologist at New York University, distinguishes between a deliberative mind-set and an implemental mind-set. The deliberative version suggests a detached and impartial attitude. We set aside emotions and focus on the facts. A deliberative attitude is appropriate when we assess the feasibility of a project, plan a strategic initiative, or decide on an appropriate course of action. By contrast, an implemental mind-set … [ Read more ]

Content: Quotation | Author: Phil Rosenzweig | Source: strategy+business | Subjects: Achievement, Attitude, Expertise

Headlines espousing the relative decline of the U.S. industrial base, despite a recent upsurge, have left American managers focused on today’s news and this quarter’s results. As a result, few have heeded the invaluable lessons of the country’s longest-running manufacturing success story. For nearly a century, the Lincoln Electric Company has consistently ranked among the most productive manufacturing enterprises in the United States, all while … [ Read more ]

Content: Article | Author: James O’Toole | Source: strategy+business | Subjects: History, Management | Company: Lincoln Electric Company

Here is a list of “quick tips” for mentors and their protégés taken from the book, Managers as Mentors: Building Partnerships for Learning by Chip Bell and Marshall Goldsmith.

Content: Article | Author: Theodore Kinni | Source: strategy+business | Subjects: Career, Management, Organizational Behavior, Personal Development

I’ve seen two strong theories about the future of corporate culture recently. Both are compelling, and each comes to a very different conclusion. In other words, we have all the ingredients for a debate.

Content: Article | Author: Paul Michelman | Source: strategy+business | Subject: Organizational Behavior

In today’s markets, we are all salespeople.

Content: Thought Leader | Authors: Daniel Pink, Theodore Kinni | Source: strategy+business | Subject: Marketing / Sales

Academic studies of the recruitment of chief executives suggest that those from outside the industry do relatively well, companies pay more for generalists than for specialists, and “shadow emperors” hamper performance.

Content: Article | Author: Matt Palmquist | Source: strategy+business | Subject: Corporate Governance

The social theorist on why new technologies are ushering in a paradigm shift, and how the transition will redefine how business is done.

Content: Thought Leader | Authors: Art Kleiner, Douglas Rushkoff | Source: strategy+business | Subject: Economics

The Korean automaker’s explosive growth in the last few years—achieved through better quality, stylish design, and clever marketing—has made it a dynamic player in the U.S. auto industry.

Content: Case Study | Author: William J. Holstein | Source: strategy+business | Subject: Strategy | Industry: Automotive | Company: Hyundai