Marketing: Are You Really a Realist?

Marketers complain that their business colleagues and the public don’t take their work as seriously as they would like. But marketers have only themselves to blame. They tend to set goals that cannot be fulfilled: sustained growth; brand differentiation; persuasive advertising; added values; maximizing profits or shareholder value; and instant new knowledge based on just a single set of isolated data.

Editor’s Note: Warning! Many … [ Read more ]

Jack Stack’s Story is an Open Book

A small Ozarks manufacturer has a message for big companies: Open-book management can increase productivity and release entrepreneurial spirit.

Why Cisco Fell: Outsourcing and Its Perils

Cisco. Sony. Palm. Contract manufacturers gave OEMs more supply chain headaches than solutions. What went wrong. What needs to be done.

Editor’s Note: I think this is an interesting counter-balance to the arguments made by Don Tapscott in “Rethinking Strategy in a Networked World (or Why Michael Porter is Wrong about the Internet)”

Larry Bossidy

The trouble is there are too many companies that basically believe in socialism. They give stock options to everybody, give pay increases that are the same to everybody within the same salary scale. If you don’t differentiate, you can’t possibly be an execution company! And if you don’t single out for reward the people who get things done for you, then you won’t keep the … [ Read more ]

Rethinking Strategy in a Networked World (or Why Michael Porter is Wrong about the Internet)

The Harvard strategy guru errs when he says partnerships erode competitive advantage, the author contends. Instead, they are now central to business success.

Editor’s Note: This article is basically a long retort to a HBR article by Michael Porter; though it makes some valuable points, its tone sounds like the desperate complaints and pleas for justice of a vanquished opponent…

The Cluster Effect: Can Europe Clone Silicon Valley?

Silicon Valley still dominates the technology map, but European high-tech clusters are closing in.

Editor’s Note: aside from the main topic, this article offers a decent overview of the concept of technology clusters.

Larry Bossidy

former GE Exec and head of Allied Signal and Honeywell; coauthor of Execution: The Discipline of Getting Things Done

The Four Phases of Continuous Sourcing

Purchasing can deliver ongoing benefits, but only if it cycles through a series of linked disciplines.

Strategic Value Analysis for Competitive Advantage: An Illustration From the Petroleum Industry

Managers can do a far better job if they understand how each process they manage adds value. SVA is a tool for gaining that understanding.

Editor’s Note: this article will be most interesting to those who care about the oil & gas industry but the SVA concept seemed to me to be poorly elaborated and more useful as a hindsight analytical tool rather than a … [ Read more ]

Creating Value Through E.V.A.- Myth or Reality

“Economic value added” has received a great deal of attention as a management tool. It is effective, but are all E.V. A.’s alike? And how do companies employ the technique to achieve their goals?

Editor’s Note: I found the value creation grid to be especially insightful…

Organizational Intelligence: What is it, and how can managers use it?

“Just as we now measure the intelligence of people by using I.Q., the study of organizational intelligence measures the intellectual capacity of entire organizations — what I call O.I.Q. …I.Q. has been found to account for roughly 50 percent of the differences in human success, and I believe something similar is true of O.I.Q. …My associates and I have studied the Information Revolution for many … [ Read more ]

Treating the Troubled Corporation

When everyone agrees but nothing changes, it’s a sign that organizational inertia is holding your business back.

Bernard Avishai

What, then, can be done about chronically unemployable people? What can businesses do? My answer would not be a new social compact, but a determination to remember the old one more precisely and live up to it more intelligently.

The old compact had always assumed that companies would self-interestedly support certain government actions to enforce the rules of the competitive game. Government would police property … [ Read more ]

Bernard Avishai

…companies were not designed to be engines of social good. Rather, it was the competition among companies that was designed to be an engine of social good… companies contribute to democratic solutions by remaining capable of creating the wealth shareholders and governments appropriate, not by taking on the responsibilities of governments.

Bernard Avishai

Labor’s real crisis is not unemployment but unemployability… Labor unions will not make a difference. It was precisely because direct labor used to be so simple, mechanical and yet critical to value creation that labor unions made sense… Anyway, the logic behind unions may still apply to some kinds of work — fast-food servers, apparel assemblers, hospital orderlies. But, again, any job that is simple … [ Read more ]

Bernard Avishai

A company used to be like a football team, in which only senior managers, like quarterbacks, saw the whole field, and most everybody else performed a single, drudge task. Your plays (that is, your product lines) were mostly set for the long season; the few times you got close to the goal you had better score. Bigness mattered.

Now a company has to … [ Read more ]

Clayton M. Christensen, The Thought Leader Interview

The innovator’s educator looks at why great companies fail and why theory trumps data.

Editor’s Note: I haven’t read his book, but I found his comments in this interview to be very insightful…

Climbing to Greatness with Jim Collins

The management scholar put 1,435 good companies through a rigorous performance analysis and discovered only 11 became great. Here’s why.

Thomas L. Friedman

Your threats and opportunities increasingly derive from whom you are connected to.