article thumbnail

Strategic Choices Need to Be Made Simultaneously, Not Sequentially

Harvard Business Review

The CEO of a large Australian company called me to relay a particular strategy development problem his firm was facing, and ask for my advice. And Capabilities and Management Systems act as a reality check on the Where to Play and How to Win choice. But it didn’t work in the Where to Play of China.

article thumbnail

Five Myths of a CEO's First 100 Days

Harvard Business Review

An incoming CEO of an entertainment company, eager to secure first-mover advantage, instituted an ambitious growth strategy and set specific targets for managers. FACT : Before defining standards and evaluation criteria for others, new CEOs should first establish and communicate how they themselves will be evaluated.

CEO 14