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Strategic Choices Need to Be Made Simultaneously, Not Sequentially

Harvard Business Review

And Capabilities and Management Systems act as a reality check on the Where to Play and How to Win choice. If you can’t identify a set of Capabilities and Management Systems that you currently have, or can reasonably build, to make the Where to Play and How to Win choice come to fruition, it is a fantasy, not a strategy.

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Five Myths of a CEO's First 100 Days

Harvard Business Review

Without pausing to fully appreciate the company's culture, ownership structure and tolerance for change, he developed a turbo-charged reorganization and growth plan. An incoming CEO of an entertainment company, eager to secure first-mover advantage, instituted an ambitious growth strategy and set specific targets for managers.

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A Survey of 3,000 Executives Reveals How Businesses Succeed with AI

Harvard Business Review

Telecom and financial services are poised to lead the way, with respondents in these sectors planning to increase their AI tech spend by more than 15% a year — seven percentage points higher than the cross-industry average — in the next three years. Believe the hype that AI can potentially boost your top and bottom line.

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The Hidden Costs of Initial Coin Offerings

Harvard Business Review

Those benefits fall into three categories: To jumpstart network effects that provide a first-mover advantage: Many of the projects being built using blockchain technology are “protocols” that govern the interactions between users in a decentralized autonomous network.

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Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

Such acquisitions become more lucrative with rising first-mover advantages, pace of technological development, and network externality. The aggregate market capitalization of listed companies keeps increasing , unemployment remains manageable, and U.S. retains its leadership in technological progress.

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Which Nation Has the Best 'Technik'?

Harvard Business Review

A decade from now we may look back at China's 12th Five-Year Plan as the seminal document of the early 21st century. But America's edge is eroding fast as it struggles to keep first-mover advantage over its innovations. It pledges $1.5 But business schools can and should do more. Technology belongs on that list as well.