Part 2 about Strategic Management Accounting, linked to longer articles. These two posts summarise longer papers on “Strategic Management Accounting and Dynamic Business Models“ Get the part-1 paper here. (Problems? .. copy http://sdl.re/SMApaper1 to your browser) Get the part-2 paper here. (Problems? .. copy http://sdl.re/SMApaper2 to your browser) ________________ The Part 1…

It probably dismays strategy academics and experts to know, as they surely do, that their deeply researched and sophisticated frameworks and methods are little used by real-world leadership teams. Shockingly, one of the methods most used in practice is still SWOT analysis – an assessment of an organisation’s Strengths, Weaknesses,…

A McKinsey expert once told me “A dynamic model is like Kleenex – use it to fix an issue, then throw it away“. Now some digital twin business models are like that, but many, many more are built about issues or plans that continue, recur, or arise in multiple cases. It…

Yes, yes – I know! … we’re all practical folk who have no patience with theory!! But stick with me … We all use theory, all the time. If a theory is a set of ideas intended to explain something, then every decision we make is based on some theory…

It’s hard to recall the impact that Balanced Scorecard (BSC) had in the first couple of decades after it hit the business world. For the first time, leaders were offered a method that joined up what happens across the organisation and connected those activities to the winning of customers and…

To illustrate a point in my post on digital twin business models as a strong platform for strategy implementation … that strategy is not only about the long-term, but can concern short-term, fast-moving episodes too. And digital twin business models are a huge help in such cases. I first saw…