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Strategic planning must change with the times

N2Growth Blog

In the new strategy paradigm, the focus of strategy is on how to create competitive advantage. While establishing a long term vision for all employees to understand is still very important, the strategic planning horizon in the new paradigm needs to be shorter term, agile and rapidly adaptive.

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A Tool for Balancing Your Company’s Digital Investments

Harvard Business Review

For example, some may provide a source of competitive differentiation like the investment that German manufacturer Bosch is making in its internet of things (IoT) data platform. Others are essential to running the existing business but don’t necessarily provide a competitive advantage. Implementation criteria.

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How Coty Reinvigorated Its Supply Chain

Harvard Business Review

One of the most critical success factors we found at Coty was that it was not who was tapped as a leader or even a team’s technical skills that mattered most. The Coty experience also informs case study examples in John P. Kotter’s book Accelerate.). The first key ingredient is in how teams are selected. .”