Business Strategy
Business Strategy
Business leaders of today face tremendous challenges. Global data capabilities allow work production across distributed networks, requiring that companies manage the flow of raw material, work-in-process, money, and...
Toyota is defined by contradictions. The auto company has a famously efficient production system, but appears to have heavy layers of management and a surplus of administrative employees. It has a stable history...
Until the early 1990s competition in the healthcare industry was friendly and almost completely harmless. Healthcare firms struggled to meet demand, and most markets required multiple entities to keep up with patient...
Communication is one of the most important tools leaders can use to focus their employees on understanding, embracing, and delivering a company’s strategy. However, most individuals reach positions of leadership...
In the years following September 11, 2001, communities around the world have scrambled to address the threat of terrorism and protect themselves from its occurrence. Public healthcare in the United States is slowly...
In Lewis Carroll’s Through the Looking Glass, the Red Queen leads Alice on a chase after which neither character has moved from the spot where they began. Evolutionary biologists refer to this race as “the Red...
Employees at GE have a deeply engrained and internalized process for addressing and solving the company’s problems quickly, simply, and with the involvement of people who will ultimately carry out the decision. The...
All projects involve risk, and those projects that are successful generally have leaders who employ the best project management practices available. In his book Identifying and Managing Project Risk,...
One practice that often sets successful businesses apart from the rest is strategic planning. These organizations benefit not just from having a strategic plan, but from undergoing the strategic planning process itself...
Since star-struck Hollywood’s heyday, our consumer culture has been based primarily on a popularity contest. A relatively small number of “hits” in the market landscape gobble up the largest share of buyers’...
