1297 Posts found for Source: strategy+business

The former head of Alcoa Russia teaches executives that in international business practice, ethics and competitive advantage go hand in hand.

Content: Thought Leader | Author: Ann Graham | Source: strategy+business | Subjects: Ethics, International | Company: Alcoa

Thinking about your company as an ecosystem yields lessons for innovation, growth, and renewal.

Content: Case Study | Author: David K. Hurst | Source: strategy+business | Subject: Industry Specific | Industry: Retail | Company: Wal-Mart Stores Inc. (Walmart)

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National efforts to expand international flows — of trade, capital, information, and people — can be a major leverage point for raising prosperity.

Content: Article | Authors: Pankaj Ghemawat, Steven A. Altman | Source: strategy+business | Subject: International

In modern times we have become increasingly preoccupied with prediction, and blind to the value of antifragility. As a result, iatrogenic damage (harm caused by well-meaning interventions) has become ubiquitous. Antibiotics spawn superbugs; the propping up of dictators leads to violent revolution; and the construction of permanent structures on impermanent shorelines becomes a sure prescription for mass destruction.

Content: Quotation | Authors: David K. Hurst, Nassim Nicholas Taleb | Source: strategy+business | Subject: Future

Our knowledge of what does not work is often greater than our knowledge of what does work. In addition, as a forecast reaches farther into the future, it is easier to predict what won’t survive than to predict what will survive. And when it comes to perishable things (like people), the young can be expected to outlive the old. But with nonperishables (like ideas), the … [ Read more ]

Content: Quotation | Authors: David K. Hurst, Nassim Nicholas Taleb | Source: strategy+business | Subject: Success / Failure

U.S. companies are extraordinarily sophisticated about virtually all aspects of their supply chains—except when it comes to labor. They regularly calculate whether it makes more sense to build or buy components, for example, but seem completely stymied by the idea that training a workforce could be an option.

Content: Quotation | Author: Peter Cappelli | Source: strategy+business | Subjects: Human Resources, Training & Development

Developing talent is business’s most important task—the sine qua non of competition in a knowledge economy.

Content: Quotation | Author: Peter F. Drucker | Source: strategy+business | Subjects: Human Resources, Training & Development

To Rakesh Khurana, a Harvard Business School professor known for his histories of management knowledge, business schools are facing a crisis of global irrelevance.

Content: Prospective MBA Content | Authors: Rakesh Khurana, William J. Holstein | Source: strategy+business | Subject: About the MBA Degree

Addiction to discounts is costly for retailers, but in moderation, promotions can boost profits and brand value.

Content: Article | Authors: David Ganiear, Karla Martin | Source: strategy+business | Subject: Marketing / Sales

The early stages of innovation can be challenging. But Booz & Company’s annual study of R&D spending reveals that successful innovators bring clarity to a process often described as fuzzy and vague.

Content: Article | Authors: Barry Jaruzelski, John Loehr, Richard Holman | Source: strategy+business | Subject: Innovation

The coauthor of TouchPoints and former CEO of Campbell Soup Company explains how executives build their company’s capabilities by connecting with people more effectively.

Content: Thought Leader | Authors: Art Kleiner, Douglas Conant | Source: strategy+business | Subject: Management

When discussing strategy, executives often invoke some version of a vision, a mission, a purpose, a plan, or a set of goals. I call these “the corporate five.” Each is important in driving execution, no doubt, but none should be mistaken for a strategy. The corporate five may help bring your strategy to life, but they do not give you a strategy to begin with.

Nevertheless, … [ Read more ]

Content: Quotation | Author: Ken Favaro | Source: strategy+business | Subject: Strategy

A marketing strategy informed by neuroscience can help companies enhance customer engagement — and make better use of tools like social media.

Content: Article | Authors: Emily Falk, Mary Beth McEuen, Matthew Egol | Source: strategy+business | Subject: Marketing / Sales

Over the years corporate decision makers have been propelled by four [management] theories. The positioning theory, whose champions include Michael Porter, based its actions on staking out a place in a growing industry with manageable competition; success went to those who held a commanding place in their market. The theory of execution, led by W. Edwards Deming, Ram Charan, and Larry Bossidy, proposed that continuous … [ Read more ]

Content: Quotation | Authors: Art Kleiner, Nadia Kubis | Source: strategy+business | Subject: Management

Entrepreneur Jim McCarthy on why online innovations succeed — or fail.

Content: Thought Leader | Authors: Jim McCarthy, Laura W. Geller | Source: strategy+business | Subjects: Customer Related, Entrepreneurship, IT / Technology / E-Business | Company: Goldstar Events Inc.

In setting compensation, companies consider internal equity (where the compensation system is perceived internally to be fair) and external equity (where the compensation for any particular position is competitive with the external market). Most companies focus primarily on external equity when it comes to executive pay. If they find that a competitor is paying its CEO or chief financial officer a certain amount, they … [ Read more ]

Content: Quotation | Authors: John Mackey, Rajendra Sisodia | Source: strategy+business | Subjects: Compensation, Corporate Governance, Human Resources

At some point, people have enough money to have financial security, live a comfortable, adventuresome lifestyle, and fulfill most of their aspirations in life. It is a mark of emotional and spiritual maturity to be able to say, “I have enough.” Past a certain point, it is not healthy to want more; actually, it is a kind of sickness.

Content: Quotation | Authors: John Mackey, Rajendra Sisodia | Source: strategy+business | Subjects: Ambition, Career, Motivation

The influential business author and CEO explains why the practice of enlightened self-governance gives companies an edge.

Content: Thought Leader | Authors: Art Kleiner, Dov Seidman | Source: strategy+business | Subjects: Ethics, Leadership, Management, Organizational Behavior

CEOs who took part in Booz & Company’s 2011 study of CEO turnover share their thoughts about the difficulties they faced, the successes they achieved, and what, in retrospect, they might have done differently in their first year on the job.

Content: Article | Authors: Gary L. Neilson, Ken Favaro, Per-Ola Karlsson | Source: strategy+business | Subjects: Corporate Governance, Leadership, Management