Deliberate practice

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Strategy+business article says this works, but not for long-term things – yes we can, with games built on sound simulations!

The article uses lots of sporting examples to show that the formal technique of deliberate practice can dramatically improve performance, then goes on to explain where it can’t be done or will not work – basically anywhere with long delays or poor feedback, which of course is exactly the problem with strategic management challenges. Fortunately, if we numberswiki.com

can’t practice and ...

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Mintzberg’s destruction of Strategy

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Mintzberg’s keynote role at a conference on the MBA is a worry, but his latest foray into strategy is too serious to let pass. In Management by Reflection in S+B he continues his age-old mantra that teaching MBAs to work stuff out is pointless if not dangerous. He once sneeringly noted that MBA really stands for ‘Master in Business Analysis’. Well, he got his wish – working stuff out is now largely absent from MBA programs, especially in Strategy classes, ...

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How firms are coping

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Mixed news from a recent S+B survey of execs. 75% say they do not need extra financial support – as I suspected – though that may change of course.  More worrying is that most seem not to be taking the correct actions, given their specific situations.

The article by Shumeet Banerji CEO of Booz & Co and Neil McArthur MD of Booz Europe helpfully groups firms into 4 categories ...

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