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Resolution 2011: Make Your Strategy Coherent

Harvard Business Review

First, let's make sure to define capabilities clearly: by capabilities, we mean the interconnected people, knowledge, systems, tools, and processes that create differentiated value for customers. Such capabilities could be rapid-cycle product development, point of sale merchandising, large-scale fabrication, and so on.

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Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

In addition, we believe that your starting point for strategy development is what you are already great at, rather than studying the industry and market for opportunities. Is it more important to consider capabilities when you develop a strategy now than it was, say, five years ago? SD : Why now? What do most companies do instead?