Michael Porter, Harvard Business School professor and author, is a giant among strategy and competition gurus. If you’ve studied strategy at all, Porter is a must read, including his most popular book Competition. Joan Margretta, Porter’s former editor at Harvard Business Review, has captured his latest views in her new book,Understanding Michael Porter: The Essential Guide […]
Author Archive
Michael Porter on: What Are The Most Common Strategy Mistakes?
Sunday, February 26th, 2012Posted in Newsletter, Strategy Development
Out With the Old, In With the New
Thursday, January 26th, 2012The title of this month’s article is one that many of us use to ring in the New Year. It also has significance for business in the current economic environment. In 2011 we saw firms such as Nokia and Research In Motion (RIM), perennial growth companies, post disappointing results and lost their positions as market […]
Posted in Newsletter, Strategy Development
Strategic Success Comes from 3Ps
Monday, December 26th, 2011If you are like many of our clients, over the past several months your leadership team worked on refreshing the strategy and planning for the New Year. Consequently, this is a great time to remind our readers that the success of the strategic plan depends on “3Ps” (AlbuonStrategy Newsletter, Spring 2007). Whether you are a […]
Posted in Newsletter, Strategy Management
CEO’s Are Only As Good As Their Last Decision
Saturday, November 26th, 2011Over the last two months Netflix has been making headlines regarding the strategic decisions they made on their DVD and video streaming services. Reed Hastings, CEO and Founder, has received enormous criticism for Netflix’s decision to separate the two services and raise prices by 60%. Netflix has been severely punished by the market for losing […]
Posted in Leadership, Newsletter, Strategy Development
Business Killer – Complexity
Wednesday, October 26th, 2011Creating unnecessary complexity in your company can be a business killer. It quickly leads to a lack of focus, which in turn leads to lost opportunities. Understanding what your organization does well and where resource should be focused to create business value is a basic premise of strategy management. While most CEO’s understand this basic […]
Posted in Business Killers, Newsletter, Strategy Development
Death, Taxes and Strategy
Monday, September 26th, 2011“Only three things in life are certain: 1) death, 2) taxes, and 3) the fact that today’s strategy won’t work tomorrow. At some point in the future, your products will become obsolete, your customers’ tastes will change, and technology will render your business model uncompetitive. Today’s success will be tomorrow’s old news. The question is […]
Posted in Newsletter, Strategy Management
Good Strategy/Bad Strategy: The Difference and Why It Matters. By Richard Rumelt
Tuesday, July 26th, 2011By Richard Rumelt Is your strategy a mix of slogans and goals, or a set of objectives that offer solutions to key problems? Richard Rumelt, in his forthcoming book to be released in the U.S., July 19th, Good Strategy/Bad Strategy: The Difference and Why It Matters, leverages 40 years of academic and strategy consulting experience. Rumelt […]
Posted in Book Reviews, Newsletter, Strategy Development
6 Months To Go in 2011…Sprint or Stroll
Wednesday, June 15th, 20116 Months To Go in 2011…Sprint or Stroll The economy is still tenuous as many of our clients, associates and business resources have told us over the past month. Although certain data points seem to point toward an uptick, there appears to be continued concern that there is the prospect of a double dip around […]
Posted in Leadership, Newsletter
Keep your Strategy Relevant and Win
Thursday, May 26th, 2011In our newsletter of the summer of 2009 we spoke about the “New Normal” business environment having less financial leverage and more government, resulting in a slow and long economic recovery. This is playing out with 1st quarter GDP growing at only 1.8% versus historical growth rates of 4-5% for this stage of a recovery. […]
Posted in Newsletter, Strategy Development
Four Vital Steps to Increase the Value of your Business
Tuesday, April 26th, 2011What I like the most about March Madness is the coherence in the way winning coaches prepare their players and team for each game. Successful coaches set clear game strategies that capitalize on what they do best collectively as a team. As a result, the coherence between coach and players provides a winning advantage, in […]
Posted in Newsletter, Strategy Development, Strategy Management
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