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Tinkering with Strategy Can Derail Midsize Companies

Harvard Business Review

In 2006, they hired an experienced president to manage their rapidly growing business. But because midsize companies lack the resources of big companies, which can experiment with multiple new strategies and launch pilot projects, midsize firms are at risk when they divert scarce resources from their core business.

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“Competitive Intelligence” Shouldn’t Just Be About Your Competitors

Harvard Business Review

In April 2010, Mars, one of the world’s largest privately owned businesses, embarked on a breakthrough initiative. While large consulting firms push expensive “war games” at the leadership level, Jessica ran cheap and quick local games based on local market dynamics. But Jessica’s approach was still unique.