Featured Strategy Articles
Companies that overlook their employees as sources of strategic insight may find themselves losing talent – and key ideas.
Ha Hoang and Frank T. Rothaermel
A strategic framework that eliminates faulty assumptions can help make alliances successful.
Albrecht Enders et al.
To get the best results from a decision matrix, managers should expand the options used to frame it.
Changing Your Business Model
September 13, 2016 | Clayton M. Christensen, Thomas Bartman, and Derek van Bever
Attempts at business model innovation have led to both repeated failures as well as seemingly inexplicable successes — and few formulas to help guide business leaders. Yet a study of both failures and successes shows that the journey to successful innovation is predictable, although “travel time” differs by industry and circumstance. The manager’s dilemma is to identify whether the journey is one the company wants — or needs — to take.
William R. Kerr
Globalization offers significant opportunities, yet most companies approach key decisions haphazardly. Although the complexity of globalization means managers rarely can fully analyze a global business opportunity before they need to act, the basic tensions in global business models are straightforward. A simple analysis of global ventures along these dimensions can help entrepreneurs develop clearer expectations and decision-making processes.
Multi-sourcing can lessen the risk of supply chain disruption. But it introduces new risks of its own. Companies should explore five questions before moving forward: Are all the sources in the same geographic area? What will it cost to develop a second supplier? How compatible is the alternative source? Are the additional CSR risks worth it? And will primary suppliers start holding back their new innovations?
Strategies for Organizational Change
Wendy L. Tate et al.
Joining the supply and demand sides of an enterprise presents an opportunity for efficiency and value creation.
Christopher G. Worley et al.
Your business may have processes that work now. Does it have agile processes to help it change?
Robert Hooijberg and Nancy Lane
Research finds three key reasons boards fail at CEO succession planning.
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.
Mark Lee Hunter et al.
The rise of stakeholder-controlled media outlets complicates corporate crisis management strategies.
Joseph V. Sinfield and Freddy Solis
High-impact innovations have built-in uncertainty — but careful strategizing can reduce the risk.
Businesses have the potential to be rule makers as well as players in establishing environmental regulations.
Organizations that fail to heed their vulnerabilities are more likely encounter catastrophes.
Becoming a Better Strategist
Shardul Phadnis et al.
New research finds scenario-based decision making helps increase executives’ strategic flexibility.
A focus on execution is undermining managers’ ability to develop strategy and leadership skills.
David B. Yoffie and Michael A. Cusumano, interviewed by Martha E. Mangelsdorf
How can executives develop their skills as strategists? One way is to learn from the masters.