I have made the case before that successful companies do not keep changing their mind about what they do (See ‘position’ is not strategy). What follows is intentionally […]
Strategy
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Strategy: position – implementation – operations
You probably know by now that I put a very big importance on the language we use – if we are not clear exactly what it is of […]
Strategy
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10 Strategic Mis-steps and how to avoid them
You will find endless checklists on what to do or not do for business success, but here’s a nice set of warnings from Patrick Van der Pijl. And here’s some more about each, and what we can do about them.
Strategy
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Intangible business factors are NOT ‘qualitative’
A partner in a top strategy consulting firm once told me … “We don’t bother with intangibles in our client work – they are undetectable, unmeasurable, and unmanageable“ […]
Strategy
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Get real about the price-elasticity of demand
Most readers probably recognise this “economics-101” standard price-elasticity curve. Unfortunately, it only gets anywhere near realistic in the very special case of anonymous commodity markets, so is not […]