Alternative Views of Strategy

The Implicit Strategy Model of the Past Decade **One ideal competitive position in the industry **Benchmarking of all activities and achieving best practice **Aggressive outsourcing ...

Reconnecting with Strategy

(adsbygoogle = window.adsbygoogle || []).push({}); Most companies owe their initial success to a unique strategic position involving clear trade-offs. Activities once were ...

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. ...

Question Technique

Question technique is a vital skill for the interviewer. You will use questions in an interview to:  Relax the candidate.  Encourage them to open up.  Probe their background.  ...

The Connection with Generic Strategies

In Competitive Strategy (The Free Press, 1985), I introduced the concept of generic strategies – cost leadership, differentiation, and focus – to represent the alternative strategic ...

Interviewing Candidates

The old saying of ‘failing to prepare is preparing to fail’ is particularly true in relation to interviewing. If you are going to have any real chance of finding the most suitable ...

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 ...

How to Change Your Organization’s Culture

An organization’s culture is a deeply embedded set of values and beliefs that determine, to a great extent, how individual employees react to various situations. (adsbygoogle ...

How to Motivate and Retain Employees

(adsbygoogle = window.adsbygoogle || []).push({}); It is imperative for any business organization to retain the top employees by means of motivation. An engaged workforce ...
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