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Strategy P. 6

Page 13 of 46

  • Harnessing the Secret Structure of Innovation

    Innovation, much like marketing and human resources, can be made less reliant on artful intuition by using information in new ways. But this requires a change in perspective: We need to view innovation not as the product of luck or extraordinary vision but as the result of a deliberate search process.

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  • Saving Money through Structured Problem Solving

    As busy as they are, leaders need to find ways to observe fundamental work processes in their organizations. When they do, they usually discover that there are gaps between theory and reality in how works get done. Michael Morales’ experience — in which identifying and addressing such gaps led to his company saving $50,000 in just 60 days — is a case in point.

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  • The Big Squeeze: How Compression Threatens Old Industries

    Accelerating compression of both revenues and profits may rapidly prove fatal to traditional businesses. Consider the accelerating decline of voice calls as a means of communicating via mobile telephone: From 2013 to 2015, average mobile voice revenue per user declined globally by 19%, and a further decline of 26% is expected through 2020. To stave off disaster, incumbents must transform and renew their core operations — while also growing into new businesses and industries.

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  • The Flare and Focus of Successful Futurists

    Any organization intent on surviving and thriving into the future must follow a disciplined approach to “flaring” and “focusing,” as it alternates between broadly imagining and vigorously challenging the possibilities.

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  • Building a More Intelligent Enterprise

    The authors examine how managers can combine a sophisticated understanding of human decision making with technology-enabled insights to make smarter choices in the face of uncertainty and complexity. Integrating the two streams of knowledge is not easy, but once management teams learn how to blend them, the advantages can be substantial.

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  • Why Can't We Have More Than One Digital Strategy

    A recent MIT Sloan Management Review article argued that companies need to choose whether to focus their digital strategy on customer engagement or digitized solutions. But several readers wondered why they needed to choose one option over the other.

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  • To Improve Cybersecurity, Think Like a Hacker

    To combat cyberattacks, companies need to understand both hackers’ tactics and their mindsets.

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  • Five Myths About Digital Transformation

    Understanding these five myths will give you a more realistic view of digital transformation.

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  • Competing Through Joint Innovation

    The Chinese telecom company Huawei has used strategic partnerships to gain ground in Europe.

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  • What Executives Get Wrong About Cybersecurity

    If you think the biggest cybersecurity threat most businesses face is credit card theft, think again.

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