Strategy

Featured Strategy Articles

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The Hard Truth About Business Model Innovation

Successful business model innovation requires an understanding of how business models evolve.

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Rise of the Strategy Machines

Frontiers |

While humans may be ahead of computers in the ability to create strategy today, we shouldn’t be complacent about our dominance.

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Harnessing the Best of Globalization

Companies entering global markets should identify an approach that best suits their business model.

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Attaining Strategic Goals Through Alliances

How to Manage Alliances Strategically

Companies that lack the resources and knowledge to undertake key strategic growth initiatives often seek partners who can fill in the gaps. The skills that make such alliances work, however, aren’t well understood; executives often make flawed assumptions that prevent the partnership from achieving its goals. An integrative, holistic framework for alliance management helps executives avoid these pitfalls and create value via strategic alliances.

Navigating the Patent Minefield Through Consortia

Bringing high-tech inventions built on patented technologies to market can be complicated and risky. The threat of added costs from patent infringement lawsuits has led technology companies to pool their talents — and patents — in technology consortia. Joining a tech consortium requires managers to weigh intellectual property value against the value of future collaborations and assess the consortium’s pros and cons for innovation, competition, and market creation.

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Keeping Strategy In-House

When Strategy Walks Out the Door

August 31, 2016 | Teppo Felin

Managers should be skeptical consumers of external strategy advice. External strategy advice can be costly — and wrong. The best sources of insight about strategy tailored for your company can lie dormant within the company itself, in its employees. Ironically, companies often expend significant resources on obtaining flawed external advice while the employees with the best strategy ideas are ignored — and thus may walk out the door.

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Becoming a Better Strategist

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Mastering Strategy

How can executives develop their skills as strategists? One way is to learn from the masters.

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Achieving Resilience

Strategies for Business Resilience

September 20, 2016 | Gregory Unruh

Companies can continue creating value in the face of disasters, both natural and man-made, when they develop community resilience strategies.

Strategy and Technology

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Predicting the Future: How to Engage in Really Long-Term Strategic Digital Planning

Companies need to engage in long-term thinking about their digital strategy.

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Is It Time to Build Your Own Platform?

Frontiers |

Preparing for the platform-business revolution; how to optimize distribution networks with big data.

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Infographic: Top Three Elements of Internet of Things Success

An infographic provides highlights of MIT SMR‘s 2016 Internet of Things report.

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When Machine Intelligence Meets Main Street

Frontiers |

In the age of machine learning, what should managers know — and what must non-tech companies do to stay ahead?

Operations Strategies

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Integrating Supply and Demand

Joining the supply and demand sides of an enterprise presents an opportunity for efficiency and value creation.

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