I look forward to any new strategy book, so was thrilled to get “Good Strategy: Bad Strategy” by Prof Rumelt who McKinsey call ”strategy”s strategist”. Big disappointment! “Bad […]
Strategy
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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 […]
Strategy
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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 […]
Strategy
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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 […]
Strategy
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Scenarios for all
McKinsey’s Charles Roxburgh offers nicely practical advice on the use and abuse of scenarios. In the process he points out that the latest crisis many firms find themselves […]