Competitive Advantage from the Bottom of the Pyramid

LDRLB

Global firms have employed blue ocean strategies to cater their services and offerings to the BoP (Bottom of Pyramid). Many companies have derived BoP strategies from C.K. There are some excellent business & corporate strategy examples of companies implementing the BoP model.

3 Ways to Improve Your Organization’s Culture

CO2

by Calvin Guyer We have all heard the phrase “Culture eats strategy for lunch (or breakfast, or dinner).” ” But what exactly does it mean and what, as a business leader, can you do to improve your organization’s culture? That culture can help and it can hurt.

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The Complete Strategy Execution Program

Six Disciplines

The critical question for every business leader is, “How do I build an organization that consistently executes its strategy?” The answer: it takes a complete program. Simply reading best-selling books won’t do it. Different experts may use alternate terms for these concepts, but rather than fixating on terminology for now, it’s better to focus on understanding the underlying principles.

The Complete Strategy Execution Program

Six Disciplines

The critical question for every business leader is, “How do I build an organization that consistently executes its strategy?” The answer: it takes a complete program. Simply reading best-selling books won’t do it. Different experts may use alternate terms for these concepts, but rather than fixating on terminology for now, it’s better to focus on understanding the underlying principles.

Don't Let Strategy Become Planning

Harvard Business Review

I must have heard the words "we need to create a strategic plan" at least an order of magnitude more times than I have heard "we need to create a strategy." This is because most people see strategy as an exercise in producing a planning document. If it is the latter: eject, eject!

Marketers Are Not Publishing Enough Content

Harvard Business Review

Most brands face a slippery slope when it comes to their engines of content creation. They struggle with everything from its creation to its strategy to its editorial content, and even the best places to publish and share it effectively.

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Placing Strategic Bets in the Face of Uncertainty

Harvard Business Review

Contrary to popular opinion, strategy is not about turning uncertainty into certainty. When reviewing strategies, you can hear them asking for proof that the strategy will be successful. The reality is that strategy is about making choices under competition and uncertainty.

Yes, Managing IT Is Your Job

Harvard Business Review

In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. So, where is managing IT for competitive advantage going next?

CIOs Must Lead Outside of IT

Harvard Business Review

The CIO paradox is a set of contradictions that lies at the heart of IT leadership. Many CIOs have buckled under the CIO paradox, while others have managed to be effective despite it. Most large companies have underinvested in IT for decades. Reach beyond IT.

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Corporations: Donate Your Skills, Not Just Your Money

Harvard Business Review

What is it that makes a corporate citizenship program most effective in terms of employee satisfaction and community impact? Furthermore, we learned that this mode of giving delivers a greater impact to the community because it helps fill critical capability gaps in nonprofits.

The Public/Private Cooperation We Need on Cyber Security

Harvard Business Review

Now, it''s made its way to the boardroom and the Situation Room. Cybersecurity isn''t just about compliance with laws and regulation — it''s about guarding businesses from the increasing dangers of persistent threats.

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Big Acquisitions Can Fall Apart Over Tiny Details

Harvard Business Review

With just a few hundred employees, the company was relatively small and affordably priced, but it had a solid product portfolio, over a century of history, and healthy financials. Alphahealth expected it to be their entry point into the British market.

Corporate Reporting Needs a Reboot

Harvard Business Review

And it is business that pays the price through more expensive capital, while furthering a flawed model of capitalism. It therefore supports investor decision-making by providing a more complete basis for dialogue with the company''s board and an assessment of present and future value.

Don't Draw the Wrong Lessons from Better Place's Bust

Harvard Business Review

But a blanket dismissal of its effort is a mistake. For entrepreneurs, investors, and policy makers, there is plenty to learn from both the strategy and the outcome. While every other player in the electric car space was focused on innovating individual pieces — vehicles, batteries, charge spots — Better Place''s strategy was unique in innovating the larger puzzle to deliver an affordable drive-anywhere, anytime solution. It declared bankruptcy on May 26.

Three Ways CIOs Can Connect with the C-Suite

Harvard Business Review

Now, I''d like to address the solution to the problem by providing three simple steps CIOs can take to begin repairing the dissonance between business and IT, and guiding their organizations into the 21st century. To put it simply, CIOs are not engaged in the strategic decision-making that goes on at the executive level. It is clear that CIOs must lead their organization in discovering and then providing balance between efficiency and efficacy. Define Your Strategy.

How to Compete When IT Is Abundant

Harvard Business Review

"You only gain an edge over rivals by having or doing something that they can''t have or do," wrote Nicholas Carr ten years ago in his controversial HBR article, " IT Doesn''t Matter.". When "the core functions of IT — data storage, data processing, and data transport — have become available and affordable to all," he wrote, IT would cease to be a source of competitive advantage. We are moving abruptly from an era of IT scarcity to one of abundance.

Superman Was a Reporter. Now He Owns the Newspaper.

Harvard Business Review

It needs a new business model that also allows it maintain its integrity. Medium isn''t merely a digital publishing platform; it''s also a fierce adopter of Holacracy, a style of management that is entirely management-free. Jason Stirman, one of Medium''s founders, discusses its attributes in this meandering First Round Capital article. So does it work? It''s not just Alexander who might have a better go of it down under.

Define Your Organization's Habits to Work More Efficiently

Harvard Business Review

Managers think that they should find out what the best practice is and then roll it out. But we decided if we did that, we''d pay for it in worker engagement. But it struck me that the reasons broke down into three broad categories: (1) to ensure people comply with "must do" procedures (e.g., How can we do the work of the organization, execute its strategy and fulfill its mission, better.

Seeing Through the Fog of Innovation

Harvard Business Review

But remember: data only become crystal clear when it is too late to take action on that data. How does a startup do it without all of the analytical horsepower of a large company? It works best when three components come together: 1. I remember distinctly a large company that proudly told me about how it got all of its most important executives to sit on an all-powerful innovation board that met every 90 days.

Drink Your Way into the Middle Class

Harvard Business Review

" Those Pesky Gray Areas The Upsides and Dark Sides of Rivalry Strategy + Business Strategy + Business Most of us aren't psychopaths or saints. The key, of course, is managing when rivalry is appropriate — and when it's dangerous for both your employees and your company. Its flagship game, FarmVille, was ubiquitous on Facebook, with both social companies reaping financial benefits from the virtual care of animals and crops.

A Simple Way to Test Your Company’s Strategic Alignment

Harvard Business

Strategic alignment, for us, means that all elements of a business — including the market strategy and the way the company itself is organized — are arranged in such a way as to best support the fulfillment of its long-term purpose. And yet it is possible.

How Boards Can Assess the Health of Their Companies

Harvard Business

A company that creates a sustainable competitive advantage, executes well and reinvests to solidify its strategy will find that its share price accurately reflects its value. Our research also found that most major reversals of highly successful companies began because the company lost the very culture responsible for its original success. Today, the company has regained its mojo. ” can help preserve it.

Research: How a New CEO Can Make a Firm More Entrepreneurial

Harvard Business

Indeed, the company eventually announced its strategy to venture massively into cloud computing. Following an entrepreneurial strategy ultimately means that managers and employees of a firm act more proactively and innovatively, and they take more risks — all which is known to drive growth and increase a firm’s advantage against competitors. We researched changes in a firm’s entrepreneurial strategy after CEO successions.

The Big Disconnect in Your Talent Strategy and How to Fix It

Harvard Business

The ManpowerGroup Contingent Workforce Index of 2013 showed 40% of all ManpowerGroup consulting engagements blended permanent and contingent workers. That leaves most organizations lacking a clear total workforce perspective and no integrated strategy to engage workers at the right time, cost, and contractual arrangement. The disconnect between HR and Procurement often means either choice is suboptimal on its own, so operating managers circumvent both HR and Procurement.

Disrupting the Gaming Industry with the Same Old Playbook

Harvard Business Review

With a market size of $8 billion in 2013 Massive Multiplayer Online Gaming (MMOG) is becoming big business. It’s not just about the players, either: people are going online just to watch the games being played, a global viewership estimated at about 71.5 million as of 2013. The game has been popular since its release in the 2009 and has an active unique monthly user base of 67 million, generating $625 million in annual revenue. Until Vans made its move.

A Framework for Strategists Assessing Emerging Markets

Harvard Business Review

For instance, ever since Goldman Sachs coined the term BRIC, China and India have pulled ahead of Brazil and Russia, whose growth fell below the group average between 2001 and 2013. However, the sources of demand in each country differ, which will affect your strategy. Steven Moore.

Why Target’s Canadian Expansion Failed

Harvard Business Review

It was a brief stint for Target in Canada. Less than two years after opening there, Target announced last week that it would close its 133 Canadian stores. Target opened its first stores just a couple of months later despite the enormous remodeling work required.

Google’s Strategy vs. Glass’s Potential

Harvard Business Review

As Quartz reported last year: Members of the Glass operations team have been on the road showing it off to companies and organizations, and they told Quartz that some of the most enthusiastic responses have come from manufacturers, teachers, medical companies, and hospitals.

Assess Your CEO’s Strategic Fit Over Time

Harvard Business Review

Ballmer effectively led this shift and saw strong revenue growth from it. However, by the middle of the decade, Google was growing, YouTube was forming, and “operational excellence” wasn’t a differentiating strategy in technology. Boards Leadership Strategy

Tinkering with Strategy Can Derail Midsize Companies

Harvard Business Review

And they love to pursue them, deadline commitments or old strategies be damned. They forget that the strategy which took them from small to midsize has already proven itself a winner. So they begin tinkering with their core strategy, burning up resources while their companies wander off their tried-and-true growth path. The new president thought Cellairis should not only sell accessories, it should sell wireless phone service as well. But they must learn it.

How Microsoft Avoided the Peter Principle with Nadella

Harvard Business Review

For finishers, he will have to change its treads—redirect its strategy—while barreling down a highway with no map for what lies ahead. It is a “jump shift,” as Procter & Gamble chairman A.G. Lafley has described it. Prior jobs cannot totally prepare one for the elevated reality, especially when it now requires running the whole show. Or consider managed-health care provider Humana’s decision in 2013 to recruit an outsider as its next chief executive.

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