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Lead with a Coherent Strategy

Coaching Tip

By Guest Authors from Booz & Company : Partner, Paul Leinwand and Managing Director, Cesare Mainardi . Emulating competitors and pursuing industry benchmarks rather than seeking differentiation. Bringing on more fixed assets, instead of building market-leading capabilities.

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

Strategy Driven

We’ve established a strong correlation between coherence, as we define it, and superior performance over time in a number of industries. Those companies that focus on building a system of three to six best-in-class, interlocking capabilities that support their way to play achieve a right to win in their industries.

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The Three Decisions You Need to Own

Harvard Business Review

At many companies the total cash investment in acquisitions, R&D, and fixed assets has not earned back its cost of capital after adjusting for the time lag in realizing incremental benefits. Today most if not all industries are impacted by digitization—mobile technology, big data, and the like.

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Unlocking the Full Potential of Your Business Software

Strategy Driven

The industry calls this cross-platform compatibility and it’s something that far too many companies forget about. Finding Problem Areas to Fix. Now that you understand the effect of software and how it can optimise your business, let’s take a look at ways that you can actually find problematic areas to fix.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. This has long seemed intuitively true to us. The returns to society and the overall economy were equally impressive.

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Retailers Beware: Markets Punish Stores with Too Much Inventory

Harvard Business Review

It is derived by adjusting for changes in gross margin, capital intensity (fixed assets as a proportion of total assets), and positively for sales surprise (the degree to which actual sales exceeds or falls short of forecast). Consider the following example that Vishal Gaur of Cornell, my frequent co-author, shared with me.

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