Kim Warren on Strategy
Strategy insights and living business models
Cost reduction and strategy
No surprise I suppose that many companies took the shock of the down-turn to focus on cost-cutting. In What worked in cost cutting—and what’s next? McKinsey’s report of…
IT-driven innovation
Some great material from MIT on this issue – IT has recently had less attention in strategy discussions than it once had, but that’s a big mistake, and these…
Sustained growth: a challenge
We’ve noted before that strategy is about delivering earnings growth, not hitting ROIC ratios, but it seems that’s not easy. In Profit from the Core: A Return to Growth…
Behavioral strategy
Good advice from McKinsey on handling the behavioral issues of strategic decision-making. Important though this is, McK themselves have shown the strategy field offers little rigorous method for…
Knowledge brokering in open innovation
I strongly recommend a McKinsey article on using knowledge brokering to improve business processes, with some simple but powerful points. E.g. effective business processes are key to performance throughout a…
Six industry reviews
Bain & Co offer good reviews of strategic imperatives in chemicals, retail banking, consumer packaged goods, engineered products and services, oil and gas, and technology – with supporting reports…
Experience matters
Nice to see confirmation that good strategic management is more likely if the complexities of the job are handled by people with experience. HBSP’s Daily Stat reports an academic study…
The MBA under siege
The angst of business schools continues about what the MBA actually achieves. What looks likely to be an important conference, The MBA Under Siege, plans to discuss ‘reimagining’ management education.…
Sovereign Wealth Funds march on
Monitor reports further growth in activity by SWFs. Transactions throughout Q309 found transactions more than doubling in number from 11 in Q2 to 25 in Q3, plus a…
BCG's Competing for Advantage
The Global Advantage Diamond from BCG looks useful to diagnose competitive advantage in rapidly developing economies (RDEs). It maps four issues – market access, resource access, local adaptation and…