What is Strategy?

Strategy as per Harvard Business Review: I. Operational Effectiveness Is Not Strategy II. Strategy Rests on Unique Activities III. A Sustainable Strategic Position Requires Trade-offs IV. ...

A Sustainable Strategic Position Requires Trade-offs

Choosing a unique position, however, is not enough to guarantee a sustainable advantage. A valuable position will attract imitation by incumbents, who are likely to copy it in one of ...

Japanese Companies Rarely Have Strategies

The Japanese triggered a global revolution in operational effectiveness in the 1970s and 1980s, pioneering practices such as total quality management and continuous improvement. As ...
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