article thumbnail

How to Lead On Purpose

Great Leadership By Dan

When he left the company in 2004, however, it fell on hard times. Fast-forward three years, and in 2007 Dell returned to refocus the company on its core purpose, going so far as to take the company private in an effort to make it the “largest start-up in history.”

How To 218
article thumbnail

A Closed-Loop Strategy Execution System

Six Disciplines

Consider how similar their "closed-loop management system" is to the Six Disciplines Methodology , which is detailed in the award-winning 2004 business improvement handbook Six Disciplines for Excellence , as indicated below: Develop the Strategy: define mission, vision, and values; conduct strategic analysis; formulate strategy.

System 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Closed-Loop Strategy Execution System

Six Disciplines

Consider how similar their "closed-loop management system" is to the Six Disciplines Methodology , which is detailed in the award-winning 2004 business improvement handbook Six Disciplines for Excellence , as indicated below: Develop the Strategy: define mission, vision, and values; conduct strategic analysis; formulate strategy.

System 85
article thumbnail

Compete on Know-Why, Not Know-How

Harvard Business Review

I call these types of insights core insights, a concept which I first introduced in my book, Innovation X. Core insights are a complement to the familiar notion of core competencies , which were first advocated by Gary Hamel and the late C.K.

article thumbnail

Three Cases of Better Corporate Philanthropy

Harvard Business Review

Intel has created a way to measure its impact with its "Intel Teach" program, which has trained more than 8 million teachers in 60 countries and benefited from Intel's core competency in measurement for rapid prototyping. But Intel doesn't just measure the number of participants to gauge success.

article thumbnail

What Is Strategy, Again?

Harvard Business Review

Focusing on a few key success factors, critical resources, and core competencies (maybe a reference to C. Prahalad and Gary Hamel’s 1990 article, “ The Core Competence of the Organization ”).

article thumbnail

Zappos’ CEO on Using Corporate Relocation to Preserve Customer-Led Culture

Harvard Business Review

One of the most significant came in early 2004 when we decided to relocate from San Francisco to Las Vegas. But we were reluctant to relinquish control of something that is one of Zappo’s core competencies. In the years since Zappos was founded, we’ve had to make some big decisions.

CEO 8