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How to Shift Your Strategic Focus

thoughtLEADERS, LLC

This can mean temporarily pausing some work to accelerate or add new projects. Remember that your team’s time and energy is a fixed asset. Market and organizational changes can require you to shift your focus. Shifting focus doesn’t mean adding new things to focus on.

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Status Quophiles and Quophobes

Mills Scofield

SQ : Nice idea, but we have to recognize the sunk costs of our existing fixed assets. SQ : We should pursue this, but let’s make sure it’s 150% vetted and tested and has met all the criteria before we start the project, let alone release it, even for a beta.

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Say “No” to Innovation-in-General

Harvard Business Review

The subject was intrapreneurship and it seemed like the organizers had collected an all-star panel; two Googlers, an early Facebooker, one of the recent additions to the Paypal team, and one of the IBM leads on the Watson project. Yes, all of the panelists were speaking broadly on innovative projects. Yes all three are innovative.

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Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

These choices historically conferred advantage – first-mover, scale – but asset-based scale advantages have diminished in recent years, thanks to technology, cheap information, and outsourcing. Assets are important, but they are, increasingly, table stakes in most competitive industries; everyone in the game has them.

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Unlocking the Full Potential of Your Business Software

Strategy Driven

Whether it’s a technical document that is being written by several authors or a project document that has to be edited by several people, Google Docs offers the necessary tools to take advantage of it. Google Docs offers one of the simplest ways for multiple people to collaborate on a single document.

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Finally, Proof That Managing for the Long Term Pays Off

Harvard Business Review

We know from FCLT surveys , for example, that 61% of executives and directors say that they would cut discretionary spending to avoid risking an earnings miss, and a further 47% would delay starting a new project in such a situation, even if doing so led to a potential sacrifice in value. As noted earlier, if all public U.S.