Harvard Business Review

NOVEMBER 11, 2016

One thing we can say with confidence is that uncertainty will remain high for some time in politics, macroeconomics, and business, at both global and national levels. To respond to this challenge, companies will need to become more sophisticated about strategy during uncertainty in five ways. Match Your Strategy to the Environment.

Strategy 9

Strategy Uncertainty Long-term Politics 9

Harvard Business Review

MARCH 1, 2018

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market. The soaring U.S.

Offshoring 9

Offshoring Price Transportation Long-term 9

Harvard Business Review

MARCH 31, 2016

It both funds day-to-day operations and generates profits for the future. To deal with this problem, over the course of thirty-five years of working with and doing research in corporations around the world, I have developed a simple, practical framework that recognizes all three competing challenges managers face when leading innovation.

Innovation 8

Innovation Hedge Management Govindarajan 8

Harvard Business Review

JANUARY 23, 2012

How can RIM (and other companies in the same boat) chart effective strategy in uncertainty? Successful strategic planning requires: Defining challenges A frank dialogue about strategy in uncertainty will usually produce a range of opinions. Conceiving smart options Turbulent environments are characterized by uncertainty.

Strategy 15

Strategy CEO Strategic Planning Consensus 15

Harvard Business Review

APRIL 20, 2016

” [Ford Smart Mobility’s] role is to design, develop, build, invest, and grow these mobility services. Companies have traditionally gone the self-disruption route when they’ve wanted to develop products that their existing customers would value in the future. They can’t hedge, like Ford is doing.

Christensen 8

Christensen Hedge Bureaucracy Innovation 8

Harvard Business Review

DECEMBER 4, 2018

Instead of asking an analyst to develop their statistics or machine learning skills, consider encouraging them to seek the heights of their own discipline first. But in more sophisticated data operations, data-driven inspiration gets flagged for proper statistical follow-up. Failure to do so is a red flag.

Organization 15

Organization Engineering Learning-by-Doing Storytelling 15

Harvard Business Review

FEBRUARY 8, 2018

They did not spend as much time thinking about local events that have implications for their emerging market operations. Either candidate’s success could cause sufficient uncertainty for Brazilian businesses to put the brakes on investment plans. conflict in the Middle East or Africa renewing the migrant crisis in Europe.

Market Risk 8

Market Risk Marketing Supply Chain Company 8

Harvard Business Review

MARCH 5, 2013

Adaptable systems make multiple copies of everything and modify the copies to hedge against uncertainty. He has turned commodity parts into a proprietary service, just as nature turns the massive redundancy of just four DNA bases into a dazzling array of unique ways to deal with risk and uncertainty. Redundancy.

Decentralization 8

Decentralization Real Estate Brand Uncertainty 8

Harvard Business Review

OCTOBER 19, 2012

The obvious targets were people in the field of innovation — those working in strategy, R&D, business development, and entrepreneurship. They partnered up with IBM to develop OS/2 , and decimated the Windows team. In response, I usually tell the following story. Once the book had been written, I had to market it.

Succession 16

Succession Diversity Open-book Innovation 16

Harvard Business Review

MARCH 23, 2015

These aren’t mom and pop operations anymore. We now have entire conferences dedicated to the analytics of our business and our basketball operations. We have a global audience that has an unending thirst for mobile content, and a sophisticated CRM database that allows us to be a state-of-the-art marketing operation.

Price 8

Price Team Sports Franchising 8

Harvard Business Review

MARCH 24, 2017

What traditional investors don’t like about any of this is the regulatory uncertainty; the high valuations and over-capitalization; the lack of control over financials, strategy, and operations; and the lack of business use-cases.

Venture Capitalist 10

Venture Capitalist Due Diligence Finance Long-term 10