Is revenue growth a sure blessing? Unfortunately, no. Growth and risk go hand in hand and can cause a firm considerable harm unless effectively managed.
Wooing new customers, entering new markets, launching new products, or diversifying
Nothing ventured, nothing gained. But how much risk is good? Is it worth betting the farm? The Lance Armstrong episode may have a lesson.
In January 2013 Armstrong confessed to having used banned drugs during his professional cycling
When a team is building something they love and something which will be useful to them personally, there is really no utility for planning. Things will flow automatically. Nice talk by Jason Fried of 37Signals the creators of the hugely successful
In my last month’s post I had written about the importance of insight in shaping effective strategy. Besides lack of insight, strategies fail for two other reasons. One, managers often confuse strategy with outcomes. And two,
A sea captain and his chief engineer got into an argument about which one was more important to the ship. Finally they decided to trade places for a day. After a few hours, the captain suddenly appeared on deck, covered with oil
Strategy is often talked about in business schools, in fact it’s a primary focus. Culture however,
is less understood. Culture involves a variety of contributing factors including a blend of
attitudes, beliefs, mission, philosophy
Why do strategies fail? The principal purpose of strategy is to achieve a desired future state by making the business competitive. Strategies fail when they are inconsistent with the long-term goal. The leadership may have, as is usual, defined
Recommended by: Balaji Pasumarthy
We are enamored with Change and disruptive innovation, yet often business success is a result of a sustainable business model, which in this
"Trust flows from individuals, not organizations." That's the best summary I can provide of David Horsager's hot new book, "The Trust Edge - How Top Leaders Gain Faster Results, Deeper Relationships, and a Stronger Bottom Line
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