Nokia, and before it was Microsoft, who counted on an aggressive marketing yet offensive strategy against the iPad to sell their own tablets, the surface and the new Nokia Lumia! Instead of demonstrating true value proposition and unique features, both
Stephen Elop; the departing CEO of Nokia; has proven that you don’t need to be smart to lead a company to failure, you don’t need to know what you do, and you don’t need to know the ins & outs
Gone are the days where products are launched for the US market first. Winning companies realized this fact early and optimized their supply chain so to handle several international markets concurrently with the US; at least for the G7 or
This is a summary of Mr.Rumelt article at McKinsey on Bad Strategy, as well, discussion on the issue and its relation to Jim Collins ‘How the Mighty Fall’
I like this insightful management tip by HBS. “Measurement is critical to understanding current and past performance, but data can only tell you so much. Measurement can fall short when you need to predict the future. Many companies have been
Provocative, insightful and Must-read for every CEO! Read the full article at Strategy & Business. “How CEOs can turn conflict, dissent, and disagreement into a powerful tool for driving performance. Chief executives most often work in a pressure-cooker atmosphere where
“Business guru Peter Drucker called management “the most important innovation of the 20th century.” It was well-justified praise. Techniques for running large corporations, pioneered by men like Alfred Sloan of General Motors and refined at a bevy of elite business schools, helped fuel a century of unprecedented global prosperity.
But can this great 20th century innovation survive and thrive in the 21st? Evidence suggests: Probably not. “Modern” management is nearing its existential moment.
Corporations, whose leaders portray themselves as champions of the free market, were in fact created to circumvent that market. They were an answer to the challenge of organizing thousands of people in different places and with different skills to perform large and complex tasks, like building automobiles or providing nationwide telephone service.