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Are You Aware Of The 3 Approaches to Strategic Planning?

The Empowered Buisness

You expect or foresee major changes in the internal and/or external environment of your business sector over the next year or so. Your management team struggles to identify and reach consensus on key issues and clear goals for the future. The resulting strategies are viewed as the highest-level organizing principles for the business.

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Calculate How Much Your Company Should Invest in Innovation

Harvard Business Review

Identifying this so-called “growth gap” is critical, because the bigger the gap, the more a company needs to look beyond its current offerings, markets, and business models to find growth opportunities. Business models that can prosper at structurally lower price points are the engines that power true market disruption.

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Founding a Company Doesn’t Have to be a Big Career Risk

Harvard Business Review

That was the general consensus after one of my favorite HBS classes: an entrepreneurship case on a company called Tickle. The most important way to mitigate risk is to become excellent at either engineering, product, selling, or operations and management. “I’m so glad we read that case — I’m NEVER going to start a company.”.

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Looking to Join the Lean Start-up Movement?

Harvard Business Review

There''s no doubt that people inside large companies over-engineer business plans, but don''t let the pendulum swing too far the other way. My colleague Mark Johnson notes how a company''s business model eventually leads to a set of implicit rules, norms, and metrics that govern its operation.

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When Start-ups Should (and Shouldn’t) Partner with Industry Leaders

Harvard Business Review

Most pundits, however, jumped over the details of the contact to point out that United Launch Alliance (ULA) will use engines made by Bezos’ Blue Origin. Priorities develop to reflect a company’s business model and over time become enshrined in the company’s culture. Priorities are even more deeply rooted in an organization.

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How the U.S. Could Avoid Being Disrupted by China

Harvard Business Review

Each of the industries that have sprung up around these innovations has become an engine for America's economic growth. Their lobbying and advertising have made it practically impossible to form political consensus. The builders of every technical revolution — engineers — are being turned out at incredible rate in China.

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Can HP Change its DNA?

Harvard Business Review

Usually when people talk of DNA they're raising questions of corporate culture: Does the company rely on consensus among managers or are strategies and tactics directed from the top? In a company setting, that would be the economics of its business model. How does the company deal with dramatic change?