More on growth vs. ROIC

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One challenge I got from the academics on the issue of strategy tools’ usefulness was whether growth is still a relevant question in these recessionary times.

Perhaps my original post to them was not clear enough.  I meant to say that, as I understand it, investors are interested in the present value of future cash-flows – not growth per se. There is no point in simply growing market share or revenues if it does not ultimately improve future cash flows ...

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Short online strategy course

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Just launched a short course at open learning materials provider, Coggno.  Its free intro on ‘what is strategy’ may be useful in any case – it makes the case, with  examples, that steering strategy and performance is a larger issue that the infrequent choice of strategic ‘position’ that dominates strategy books and courses. The short course is based on the full 10-week video slide-show course used in MBA programs.

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Update on the troubles with strategy

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Here’s my latest msg to the B School academics [remember the point of this is to get some useful strategy methods for executives and consultants]. Will let you all know what response I get.

” …

Have had many useful answers on this. There seems little dissent that:

  • we have a problem with current strategy methods not being valued by the people who are supposed to use them,
  • … which implies we have little useful theory [notably that seeking explanations for profitability is ...
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What’s the use of strategy tools?

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On behalf of executives and consultants who really would like some useful approaches to strategy, I last week issued the following challenge to the Business School profs’ discussion lists – so far, just a handful of the thousands of recipients have responded, and no explanation offered as yet for the irrelevance of strategy research and teaching.

TO…

  • Business Policy and Strategy List [mailto:BPS-NET@AOMLISTS.PACE.EDU]
  • Management Education and Development Discussion [MG-ED-DV@AOMLISTS.PACE.EDU]

We had a great post in December from Richard Whittington [below], drawing attention to ...

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Other strategy reviewers

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I’m not the only person blogging on business strategy of course – try Googling ‘business strategy blog’ – but hope I’m doing a useful job [tell others if I am - tell me if I'm not!]. Another nice resource is Edgevantage, which comes in the form of a more organised regular briefing from Donald Nordberg.  The key issue is that people with strategic responsibility [and their advisors!] should be keeping on top of latest intelligence and carefully evaluating ...

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