To develop effective strategy amid constant change, leaders must hone their ability to determine which changes will boost their organization’s competitiveness. This series examines data from companies worldwide to provide practical insights for business leaders seeking advantage as they navigate complexity and change.
Bed Bath & Beyond’s bankruptcy exposes the perils of focusing on financials at the expense of customer value creation.
Success means that when investors and customers do well, workers, partners, and communities do too.
Contextually effective leadership comprises three key elements — map, mindset, and message — that drive desired change.
To get more from their innovation efforts, businesses must first determine what type of change they want to achieve.
Great strategy addresses investor and consumer interests and also recognizes the value of nontraditional stakeholders.
Companies have more options than they realize when choosing a strategy for responding to a changing environment.
When environments are complex and dynamic, strategy is about adaptability.
A fundamental source of confusion about change is the use of that single term — change — to refer to three distinct strategies.