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A Simple Way to Test Your Company’s Strategic Alignment

Harvard Business Review

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. Strategy is how the business will achieve it. The fall can come quickly.

Banking 14
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Why Target’s Canadian Expansion Failed

Harvard Business Review

The market exit will stop Target’s continued losses in Canada and help the company focus on its strategic initiatives in the U.S. However, in the end, the market entry seemed rushed and oversized, with 124 stores opening within ten months. As a result of its careful market entry and execution, J. Consider J.

Retail 8
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Tinkering with Strategy Can Derail Midsize Companies

Harvard Business Review

During those nine months, Cellairis’ leadership had been distracted from their core business. Cellairis had tinkered with its core strategy, one that had been working beautifully, and it had turned ugly. System-wide revenue for 2013 was $350 million – seven times revenue for 2005. After nine months, AMP’d filed for bankruptcy.

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Three Ways CIOs Can Connect with the C-Suite

Harvard Business Review

Define Your Strategy. CIOs need to develop an affirmative IT strategy that begins by identifying old behaviors to give up, new behaviors to adopt, and remaining behaviors to do differently. To that end, the role of the CIO must be strategic instead of tactical. This means a lot of change for enterprise IT organizations.

CIO 8
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Don't Draw the Wrong Lessons from Better Place's Bust

Harvard Business Review

Its approach was the first to align the key actors in the ecosystem in a way that addressed the critical shortcomings — range, resale value, grid capacity — that undermine the electric car as a mass-market proposition. Note to Tesla owners: you are not the mass market). By May 2013 it had sold fewer than 3,000 vehicles.