Deliberate practice

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Strategy+business article says this works, but not for long-term things – yes we can, with games built on sound simulations!

The article uses lots of sporting examples to show that the formal technique of deliberate practice can dramatically improve performance, then goes on to explain where it can’t be done or will not work – basically anywhere with long delays or poor feedback, which of course is exactly the problem with strategic management challenges. Fortunately, if we numberswiki.com

can’t practice and ...

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Precision agriculture (PA) roll-out

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Precision-agriculture means using fertiliser+pesticides+water exactly where needed, based on soil and crop conditions detected by satellite or ground sensors. An exec student, Brian Evarts at Cisco, just completed a fascinating and very encouraging project on potential roll-out of PA across a farming sector. PA results in big cuts in these costly inputs, increases in yields and less environmental damage.

In essence, it’s an adoption problem – farmers have to move from being unaware of the opportunity, to being aware, to being ...

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Aid for Trade

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Some UK Aid aims to boost Trade to help cut poverty. Videos + models at http://sdl.re/AidForTradeVideos show how planning and managing Aid for Trade could be enhanced using strategy dynamics principles. [From a pilot study for DFID, the UK Dept for International Development. Many other Aid agencies also work on Aid for Trade]

Three things need to work for small scale exporters to trade [a] Access : ports or border crossings, roads or other links to get there …[b] Capacity : buildings ...

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BCG on Simulation Advantage

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This ‘Perspectives‘ paper makes a strong case for how firms can move from costly experimentation, e.g. for new products, to simulation of new opportunities and other business changes. It’s at a more operational level than simulation of overall strategy or major strategic initiatives, but the examples offered make clear just how powerful the approach can be.

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Strategy in asset-heavy firms + model

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the Economist says Mr Obama plans big spend to fix US infrastructure. Origins of problems that led to bridges collapsing, water mains bursting, and massive sewage leaks are easy to see – politicians can always put off long-term investment in favour of short-term give-aways. But CEOs face similar temptations. Read on for a detailed explanation of this topic and an exercise to try for yourself …

This has become particularly prevalent since the fashion for privatising utilities – ...

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