Booz & Co on strategy today

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Some sound principles in a brief Memo to the CEO. Particularly good is the focus on opportunity today’s conditions offer for sound firms.

Full article at Rethink Your Strategy: An Urgent Memo to the CEO.

Much of the advice is generic, and requires much more work than the brief headlines suggest. It also implies undoing much of the foolish activity that firms engaged in during the boom – by cutting fringe activities, shedding marginal businesses, ...

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Capability-based strategy: beware ‘core competences’.

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How to win by changing the game by head of Booz N America business Cesare Mainardi, and colleagues Paul Leinwand and Steffen Lauster makes a strong case for building capabilities to capture new opportunities, rather than looking inward at what you already have. Capabilities feature strongly in current strategy writing, but seem hard to make practical. The article implies, though, that they have a way of making capabilities concrete and measurable, to arrive at a ‘capability ...

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Other consultants’ warnings on the downturn

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I realise I’ve focused on what McKinsey has had to say on the downturn, and especially on the failure to warn of the subprime nonsense, so thought I should check out the other big consulting firms. Not so easy, as they mostly don’t publish their own views quite so firmly or accessibly as happens with the McK Quarterly.

Why am I banging on about this?  If those advisors had been urging caution when it was obvious trouble could be building, and ...

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Where was the strategic thinking?

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I’ve been posting on strategy in the downturn for a while now, but what makes me really angry is the strategic incompetence that led to this mess [search ‘incompetence’ for previous posts on this]. But now I’m puzzled – Harvard Business Review, McKinsey Quarterly, Strategy+Business, Economist, etc, etc, are full of advice from strategy experts on how to survive the problem, so I wondered how much they warned folk before that this was likely to happen? .. and how much ...

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Tipping point for hybrid cars

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In The Coming Boom in Hybrid Cars ‘in strategy+business makes out that sales of hybrid vehicles are following exactly what would be expected from ‘S-curve theory’ [?] – slow initial growth being driven by early adopters until the innovation becomes mainstream. Standard approaches have little to say about the scale or nature of change in such cases.

 Strategy dynamics frameworks capture, quantitatively, the interactions between improved functionality, pricing, marketing, as wellas those amongst different groups of customers. Much of this integrates long-established ...

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