Strategy

Image courtesy of Flickr user Electrolux Design Lab.

Should You Have a Global Strategy?

Senior executives weighing strategies appropriate for today’s global economy will hear contradictory advice. Some say you need to move quickly, before competitors, to establish a worldwide presence; others cite data showing that this approach is often less profitable. The reality is that neither approach is appropriate for every circumstance. Therefore, executives need to understand when to pursue one route and when to pursue the other.

Courtesy of Under Armour

Which Strategy When?

Markets are changing, competition is shifting and businesses are suffering or perhaps thriving. Whatever the immediate circumstances, corporate managers ask the same questions: Where do we go from here, and which strategy will get us there? To figure out when it makes sense to pursue strategies of position, leverage or opportunity, managers must understand their company’s immediate circumstances, take stock of their current resources and determine the relationships among the various resources.

Michael A. Cusumano, professor of management, MIT Sloan School of Management

How to Innovate When Platforms Won’t Stop Moving

In this interview, MIT Sloan School of Management professor of management Michael Cusumano discusses traits that will help companies through disruptive transitions. One trait is agility, which has four principles: capabilities rather than strategy; pull rather than push concepts; economies of scope rather than scale; and an emphasis on flexibility rather than efficiency. A second trait is deep, differentiating capabilities, which can be found in processes (such as supply-chain management).

advertisement

Image courtesy of Flickr user alvazer.

The Business Models Investors Prefer

Why are investors so bullish on companies like Apple and Disney? Is it metrics, management, industry prowess, good investor relations or good timing? Probably all of these. But something else may be at work, too. According to research conducted at the MIT Sloan School of Management, the stock market consistently values certain types of business models more highly than others. In recent years, investors have favored models focused on intellectual property and highly innovative manufacturing.

014-big-data-and-analytics-500
Free Article

Insights from Leading Economists, Overheard at MIT

  • Blog
  • Read Time: 2 min 

An impressive group of economists -- one that included numerous MIT alumni, including a number of winners of the Nobel Memorial Prize in Economic Sciences -- assembled at MIT Thursday for an economics and finance symposium that is part of MIT's 150th anniversary celebration.

advertisement

borison-500

How to Manage Risk (After Risk Management Has Failed)

Over the past decade, a number of the world’s respected companies have collapsed. A factor was these companies’ approach to risk management. Two different views have evolved on how risk should be assessed. The first — the frequentist view — is based on historical data. The second, or Bayesian, considers risk to be in part a judgment of the observer. Many measures are being deployed to prevent future crises — a shift from frequentist to Bayesian risk management should be part of this effort.

05-big-data-and-analytics-500
Free Article

Tax Cuts — or Tax Increases — for the Rich?

  • Blog
  • Read Time: 1 min 

U.S. President Barack Obama declared this week that he is in favor of letting tax cuts for the rich expire; those tax cuts were enacted under George W. Bush.

Letting all the Bush-era tax cuts (for both the wealthy and others) expire would aid the U.S.

advertisement

017-Leading-your-team-500
Free Article

How Much Power Do Economists Have, Really?

  • Blog
  • Read Time: 1 min 

There's a fabulous talk by Paul Krugman on MIT World that spells out the Nobel Laureate, New York Times columnist, and -- most important -- ex-MITer's argument that today's policymakers are moving too timidly to solve our world's massive economic problems. It's smart, convincing stuff.

018-Strategy-500
Free Article

Must Economic Forecasts Always Fail?

  • Blog
  • Read Time: 1 min 

In the National Public Radio broadcast "Can Economic Forecasting Predict The Future?" Adam Davidson and Alex Blumberg report that "economic forecasters, even the best, have a mixed record forecasting the economy." And "forecasters, at best, can say the economy will be somewhere between bad and good.

Showing 41-60 of 233