resources and capabilities - Kim Warren

Multi-business strategy dynamics

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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Strategy

acquisition, alliances, business networks, corporate strategy, joint ventures, related diversification, resources and capabilities, strategy dynamics

Sense-and-Adjust – and Create

Posted by: Kim Warren

It Makes Sense to Adjust in strategy+business describes a simple process that any decently-led organisation should be using:

“sensing” to detect changes and assess their likely impact, then
“adjusting” policies to keep the strategy and performance on track.

Some sensible examples illustrate the approach, such as anticipating staffing needs in a cyclical business – though one wonders what on earth the companies discussed were doing before if they didn’t do this! It contrasts sense-and-adjust with reactive styles (do nothing until forced to) ...

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Strategy

adjusting, burning platform, resources and capabilities, sense-and-adjust, sensing, strategic planning, strategy+business