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The Best Companies Know How to Balance Strategy and Purpose

Harvard Business Review

Nokia was so immersed in executing its strategy that it lost sight of its purpose. Few imagined that this juggernaut, brandishing vast resources with such steely determination, could be quickly brought down. In retrospect, it seems inevitable.

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The State of Strategy Consulting, 2011

Harvard Business Review

They may have done a swell $2 million strategy study for a client, but then have to watch from the sidelines as a more broadly based firm swoops in to do the $15 million project — a total systems redesign, say, or a corporate reorganization — entailed in implementing the strategy. Monitor & Co.,

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Corporate Reporting Needs a Reboot

Harvard Business Review

There is a clamor of voices demanding the rebooting of capitalism, from academics (such as Michael Porter) and politicians (like Al Gore) to investors (such as CalPERS) and Occupy''s street activists.

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A Playbook for Making America More Entrepreneurial

Harvard Business Review

The type of capital required and its source depends on the type of business, its stage of life, and its strategy for the future. Clusters have gained credibility as a policy tool in the last decade since work by Mercedes Delgado, Michael Porter, and Scott Stern showed that strong clusters drove better economic performance.