Good to see strategy+business magazine on why operations strategy is vital to strategic performance. In Winter-09 edn An Essential Step for Corporate Strategy, Tim Laster points out that many operational decisions have huge implications for firms’ ability to build and sustain critical resources and capabilities, in spite of efforts by Michael Porter and others to dismiss their impotance. We do, though, need to go further, and develop a holistic, continuous view of strategy across all functions of course.
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Posted by: Kim Warren
Usable game theory
Posted by: Kim Warren
Hagen Lindstaedt just alerted me to what looks a smart way of making game theory usable, with a neat link to scenario-based thinking. Probably quite challenging to do, but looks powerful – thanks Hagen. Looking forward to seeing more on how it works.
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Posted by: Kim Warren
Sad to see Shell cutting 5000 jobs, making staff re-apply for 15,000 jobs, and aggressively driving down suppliers’ prices in an effort to cut its debt. This just 4 years after desperate efforts to hire 1,000 experienced oil engineers due to past failures to develop enough of these key staff. I guess Shell’s Annual Report will not be declaring staff to be ‘our most important asset’, but it’s still shocking to see the massive damage firms and even entire industries can inflict on themselves with this kind ...
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