Greetings!
The last year has seen many companies being forced to reassess their business objectives and goals, and to take a hard look at the strategies that they are implementing to achieve these goals. With this in mind, Inspiring Ideas this month brings you insights from some of the world’s leading strategy experts. If you’re in the position of having to adjust or redirect your company’s strategy, there are few people better to give you a hand at arriving at the right strategy to take your company forward.
We always appreciate hearing your feedback on the topics we feature each month. So if you have something to say, don’t hesitate to get in touch.
Chris Stanley, Editor HSM Inspiring Ideas
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Tips from the Top
What does the success of my business depend on? Michael Porter has identified the five forces that affect a company’s ability to serve its customers and make a profit. A change in any of the forces normally requires a company to re-assess its strategy. Click here to find out.
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Million Dollar Tales - Wii
For many years, two main competitors ruled the videogame industry: Sony and Microsoft. It was an industry locked into what ISEAD professors Chan Kim and Renée Mauborgne have described as a Red Ocean of bloody competition - where the focus is on beating the competition, winning market share, capturing consumers and outselling the competition. Nintendo was only a small player in the industry, trying to keep up with the main players. Until one day it decided to change it’s strategy. [Read +] |
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DELVING DEEPER
Gary Hamel is on a mission. The man ranked by The Wall Street Journal as the world's most influential business thinker is out to invent the future of management. Whilst companies have been innovating at a ferocious pace in areas of product development and technology, their management practices have generally remained stuck in the previous century. For Hamel this oversight is starting to have some serious repercussions. [Read +] |
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| MULTIMEDIA TOOLBOX |
 VIDEO In this interview with HSM, Robert Kaplan talks about what his Balanced Scorecard offers companies, why measurement is critical to developing strategy and the critical role played in communicating strategy. [watch video] |
| VIDEO What role should intuition play when deciding strategy? As Garry Kasparov, one of the all time great chess players, here discusses it should perhaps play a stronger role than many executives currently give it. Listen to what he has to say here. [watch video] |
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| HSM NEWS |
| 2010 World Innovation Forum speaker Seth Godin: You Will Be Misunderstood |
| I typically write posts that are three to six paragraphs long. I try to be clear and direct. And yet, just about everything I write is misunderstood by someone. (Not the same someone, alas). They write to me and I try to explain... |
| 2010 World Innovation Forum speaker Andreas Weigend: The Social Data Revolution |
| In this second installment of HSM’s exclusive interview, Andreas Weigend, former Chief Scientist at Amazon.com and one of the world’s leading specialists in understanding how people behave online, discusses how marketers should effectively leverage social data and online participation, the implications of increased transparency for businesses in the Web 2.0 era, and the future of interactivity online. |
| NEW! HSM DVD Master Series Collection: 5 Key Lessons for Success |
| For the first time, HSM is making available on DVD this professionally-produced audiovisual collection including five critical business subjects for today’s constantly changing world. The latest theories, from prestigious professors, key lessons from world-renowned experts, and real-world experiences from recognized executives of leading companies. With subjects ranging from Marketing & Sales, to Innovation, Globalization. Strategy & Profitability and Leadership – this DVD collection presents the latest in thought leadership from some of the finest minds in the world. Find out more. |
| IBM is a proud sponsor of the 2009 World Business Forum Bloggers Hub |
The planet we live on is getting smarter. We’re moving into the age of the globally integrated and intelligent economy, society and planet. How will we respond to this? Join us and see what others are thinking at ibm.com/smarterplanet |
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| RECOMMENDED READING |
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Great People Decisions: Why They Matter So Much, Why They are So Hard, and How You Can Master Them
By: Claudio Fernández-Aráoz
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“ Fernandez-Araoz has captured the essence of building great teams with a masterful and entirely practical study of what goes into getting people selection right "
JACK WELCH |
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