Remove 2006 Remove 2010 Remove IT Strategy Remove Technology
article thumbnail

“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. This means identifying risks and opportunities early enough to allow the company to adapt its strategy or in extreme cases, change it. Consider the example of Pratt and Whitney, a United Technology company.

article thumbnail

Tinkering with Strategy Can Derail Midsize Companies

Harvard Business Review

In 2006, they hired an experienced president to manage their rapidly growing business. Unlike a startup company, which is supposed to play with alternative strategies until the right one emerges, a midsize firm already has a strategy that is working. The future looked bright. That’s when the tinkering began.