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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Forget strategy: hit profit targets?

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The Times’ Patrick Hosking points to yet another lambast against sort-termism. The Trouble with Strategy explains why Finance is to blame for this, how Strategy should and can offer a solid alternative. In essence, the article [referring to Daniel Pinto’s Capital Wars ] argues that management, haunted by a minority of aggressive investors, pursue short-term profit targets and fail to make high-value investments for the future.

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Multi-business strategy dynamics

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Extending the strategy dynamics principles to related businesses is essentially simple. If a single business is a system of customers, products, capacity, people and cash, then a multi-business corporation could simply be a number of such independent systems. Indeed, that was a popular model in the 1970s – the diversified conglomerate, in which only investment and financial-objective choices were made at the centre. But this is now a discredited model because investors can make those decisions ...

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Precision agriculture (PA) roll-out

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Precision-agriculture means using fertiliser+pesticides+water exactly where needed, based on soil and crop conditions detected by satellite or ground sensors. An exec student, Brian Evarts at Cisco, just completed a fascinating and very encouraging project on potential roll-out of PA across a farming sector. PA results in big cuts in these costly inputs, increases in yields and less environmental damage.

In essence, it’s an adoption problem – farmers have to move from being unaware of the opportunity, to being aware, to being ...

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