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Just updated the revised opening for chapter 1 of Strategic Management Dynamics, which you can download from www.strategydynamics.com/smd-new-start. This includes an important correction to the explanation of free cash-flow on p.27 that was unfortunately introduced when the document was laid out – apologies.
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11
JUN
2009
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Just been made aware of CPM – may be useful to strategic management. It seems to have come from the challenge of deciding and managing multiple, large-scale projects in sectors such as defence, IT and construction. Curiously, although there is what looks like a substantial professional body – the CPM Association – I could find little else on it, not even a Wikipedia entry.
The terminology may be a bit confusing, because ‘portfolio’ in strategic management usually refers to ...
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A large Management Development community I track has been discussing how we could have prepared people better for the current troubles, and some have advocated the Balanced Scorecard [BSC]. I have used BSC in strategy teaching for some years, ...
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Some sound principles in a brief Memo to the CEO. Particularly good is the focus on opportunity today’s conditions offer for sound firms.
Full article at Rethink Your Strategy: An Urgent Memo to the CEO.
Much of the advice is generic, and requires much more work than the brief headlines suggest. It also implies undoing much of the foolish activity that firms engaged in during the boom – by cutting fringe activities, shedding marginal businesses, ...
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I see Booz Allen organised a Diabetes Thought Leader Roundtable Discussion, bringing together diverse groups to discuss this major healthcare challenge. Strategy for such societal issues is especially challenging vs. corporate cases precisely because of the multiple actors and agencies involved. An integrated model of how these all interact is essential if effective, coordinated policy is to be achieved …
… which is exactly what my friends Drew Jones and Jack Homer have done with Joyce Essien of ...
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