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There are insightful articles on strategy covering many examples.This is a good start to understand strategic viewpoints with practical takeaways.If you read nothing else on strategy, read these 10 articles (featuring “What Is Strategy? We've combed through hundreds of Harvard Business Review articles and selected the most important ones to help you catalyze your organization's strategy development and execution.
- Blue Ocean and Red Ocean are differentiated by costs.- Blue ocean business model is hard to copy, because it is easier to imagine than to do.6.
THE SECRETS TO SUCCESSFUL STRATEGY EXECUTIONThere are 4 areas an organization needs to ensure for high performance- Decision rights.
Imitation can screw up business.- A strategy always has trade-offs. THE FIVE COMPETITIVE FORCES THAT SHAPE STRATEGY5 Forces to Analyze an Industry- Threat of new entry, including supply side Economics of Scale, demand side benefit of scale, customer switching costs, capital requirement, incumbency advantages independence of size, unequal access to distribution channels, restrictive government policy.
To counter this, increase costs of competing by investing deeply in R&D- Power of suppliers consists of concentrated industry, variable industries able to enjoy, switching costs in changing suppliers, differentiate products offered, no substitute, supplier joining the industry.
The book is written in Harvard's traditional case study method and may be a bit jargon heavy specifically for users who come from a non-management background/expertise but is a very fulfilling read for The book's cover title says it all - "If you've read nothing else on strategy, read these definitive articles from HBR".
The book is written in Harvard's traditional case study method and may be a bit jargon heavy specifically for users who come from a non-management background/expertise but is a very fulfilling read for any professional who wants to expand his knowledge regarding strategising.
The objective shouldn't be consensus, which often becomes an obstacle to action, but buy in.""you're better off with a strategy that is 80% right and 100% implemented than one that is 100% right but doesn't drive consistent action throughout the company."The book's cover title says it all - "If you've read nothing else on strategy, read these definitive articles from HBR".
I found almost all the articles presented in this book very enlightening and filled with a lot of "aha" moments.
Everyone knows the decisions and actions they are responsible for.
This encourages high-level managers to reject operational decisions. Information needs to be clear from top to bottom, with speed.- Motivators. If I have only 1 hour to work, here’s what I’m going to focus on.- Continuously monitor performance- Reward and develop execution capabilities10. RAPID decision model for different roles.- Recommend- Agree- Perform- Input- Decide This is just an amazing set of articles around strategy.