October 2011: Strategy & Execution

OCTOBER 2011

Vision without execution is hallucination.

Thomas Edison

Greetings!
In order to achieve the desired results a company must have a clear vision that allows for strategy and execution to work together harmoniously, reflecting where an organization wants to be in the future.
This month's Inspiring Ideas discusses how strategy can be used to shape the structure of your environment.

Felice Physioc - Marketing & Content HSM Global

Putting Strategy into Practice: 7 Tips from Lawrence Hrebiniak
A Strategy for the Unknown: Nissan Plans for the Future
From Paper to Reality, an Interview with Chris Trimble
Co-Creation: The Way Nike Makes Million Run
Create New, Blue Oceans and Leave the Competition Behind

Putting Strategy into Practice: 7 Tips from Lawrence Hrebiniak
Why is it so difficult for companies to align objectives with actions? Lawrence Hrebiniak, consultant to large companies such as Johnson & Johnson, AT&T, and GE, discusses how organizations can focus strategy and execution to reflect the desired results of an organization. [read+]

A Strategy for the Unknown: Nissan Plans for the Future
By harnessing a strategy that not only plans for the future but also incorporates the changes coming innovations will bring, Nissan rolls out a plan that hopes to revolutionize the auto industry. By Felice Physioc. [read+]

From Paper to Reality
An interview with Chris Trimble by Viviana Alonso, contributor for ©Gestión.
One of the keys to a successful new product is resolving conflict between those in charge of day-to-day operations and those responsible to innovate. In this interview with Chris Trimble, Professor of the Tuck School of Business (Dartmouth), he explains how to successfully execute innovation. [read+]

Good Strategy Bad Strategy: The Difference and Why it Matters
By Richard Rumelt

"Drawing on a wealth of examples, Rumelt identifies the critical features that distinguish powerful strategies from wimpy ones—and offers a cache of advice on how to build a strategy that is actually worthy of the name. If you're certain your company is already poised to out-perform its rivals and out-run the future, don't buy this book. If, on the other hand, you have a sliver of doubt, pick it up pronto!"
- Gary Hamel, co-author of Competing for the Future.

	Create New, Blue Oceans and Leave the Competition Behind Bestselling author Renée Mauborgne explains the strategic opportunity in creating new, blue markets rather than competing within red oceans. [Watch video]
	Co-Creation: The Way Nike Makes Million Run An expert on co-creation, Francis Gouillart uses Nike's success in connection users to explain the advantage of having a strategy that facilitates interaction between consumers. [Watch video]

A Word from our Sponsor: Avaya
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Calvin Klein to speak at first-annual Elite Leadership Program

HSM is excited to announce that Calvin Klein, acclaimed fashion designer who launched the world-renowned company, Calvin Klein Inc., will be joining the Elite Leadership Program as a keynote speaker, November 7-8, 2011 at the Jumeirah Essex House in New York City. This is the first time Calvin Klein will be speaking to a group of business executives.

Mr. Klein will join A.G. Lafley, Jim Collins, and Jack Welch who will work with an intimate audience of high-level business executives.

For more information on the program, visit hsmglobal.com/us/elp

Elite Leadership Program USA \| New York City November 7 - 8, 2011
Building Winning Teams with Patrick Lencioni USA \| New York City November 16 - 17, 2011
World Innovation Forum 2012 USA \| New York City May 8 - 9, 2012
World Business Forum 2012 USA \| New York City October 2 - 3, 2012