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Your Strategy Needs a Strategy
And, they avoid the common frustrations stemming from lack of perceived relevance and engagement around on the strategy process. How you choose and execute the right approach is the focus of this book. From Global BCG strategy experts Martin Reeves, Knut Haanæs, Janmejaya Sinha (and based on the bestselling article in Harvard Business Review), Your Strategy Needs a Strategy offers a practical guide to help you to match your approach to strategy to your environment and execute it effectively, to combine different approaches for companies which operate in multiple environments, and to lead your organization in making better strategic choices. Organizing approaches into five strategic archetypes-Be Big, Be Fast, Be First, Be the Orchestrator, Be Viable-the authors explain the conditions under which each is appropriate, when and how to execute each one, and how to avoid common strategy traps.
Sustainable Business Model Innovation
Reimagining business models is a tall order for any management team, and especially so in today’s business landscape of continual disruptive change. Having examined hundreds of businesses over the course of their research, the BCG Henderson Institute has developed a systematic approach for reimagining business models for economic and social sustainability, creating new modes of differentiation and advantage, embedding societal value into products and services, managing new performance measures, and reshaping business ecosystems to support these initiatives. This book explores the why, what, and how of sustainable business model innovation (SBM-I) – a new method by which corporations can ...
The Imagination Machine
A guide for mining the imagination to find powerful new ways to succeed. We need imagination now more than ever—to find new opportunities, rethink our businesses, and discover paths to growth. Yet too many companies have lost their ability to imagine. What is this mysterious capacity? How does imagination work? And how can organizations keep it alive and harness it in a systematic way? The Imagination Machine answers these questions and more. Drawing on the experience and insights of CEOs across several industries, as well as lessons from neuroscience, computer science, psychology, and philosophy, Martin Reeves of Boston Consulting Group's Henderson Institute and Jack Fuller, an expert in ...
Mastering the Science of Organizational Change
As the business context evolves more rapidly, driven by accelerating technological, political, and social change, an increasing strategic priority for business leaders is how to enact large-scale organizational change. Even companies that are current industry leaders are vulnerable to disruption. Company leaders need to watch over their shoulder for—and transform the company in anticipation of—the next disruption. Mastering the Science of Organizational Change summarizes the work of the BCG Henderson Institute and its fellows and ambassadors over several years to develop a more scientific approach to change. Hundreds of companies are analyzed in the book’s discussion on how to beat the odds in large-scale change management using an evidence-based approach—a large-scale analysis of what approaches actually work in which circumstances. Part 1 of the book reviews the imperatives for self-disruption. The second part elaborates on how to manage the process of change. Finally, Part 3 discusses how organizations can take change to the next level.
The Resilient Enterprise
The Covid-19 crisis caused massive disruptions to businesses around the world. Many were caught unprepared by the pandemic, putting some in danger of collapse. But not all were equally affected—some emerged from the crisis in a position of advantage. Research on corporate performance over decades shows that the dispersion between companies consistently increases in times of crisis. In other words, resilience to unexpected shocks has a disproportionate impact on long-term competitive advantage. Furthermore, ongoing trends are making it harder for businesses to sustain success over time. New offerings are being adopted, matched, and made obsolete faster, and competitive advantage is becoming...
New Leadership Imperatives
The Inspiring the Next Game series is a set of perspectives on emerging themes in business from the BCG Henderson Institute, the strategy think tank of Boston Consulting Group. Strategy is by definition a changing art: strategy is about generating competitive advantage, but what it takes to create advantage is always evolving. This is especially true today, when the business environment is changing rapidly and causing similarly rapid change in the demands on companies. Leaders need not only new strategies but new ways of thinking about strategy. This series takes a broad view of strategy, reflecting the multifaceted imperatives that leaders face. It goes beyond the static view of classical s...
Summary of Martin Reeves, Knut Haanaes & Janmejaya Sinha's Your Strategy Needs a Strategy
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The business environment has never been more uncertain or dynamic, and this has led some to argue that competitive advantage and even strategy are less relevant. However, strategy has never been more important. #2 The number of strategy tools and frameworks has grown massively since the early 1960s. And far from obvious are the answers to how these approaches relate to one another or when they should and shouldn’t be deployed. #3 The strategy palette is a unifying choice framework that helps leaders match their approach to strategy to the circumstances at hand and execute it effectively. It consists of five archetypal approaches to strategy, which can be applied to different parts of your business. #4 The book is built on a broad body of evidence. It is the result of half a decade of research within the BCG Strategy Institute, numerous conversations with clients, and a detailed survey of 150 firms from industries as diverse as banking, pharmaceuticals, high tech, and agri-food.
The Bionic Organization
Martin Reeves, for those who don't know, is a leader with the Henderson Institute and BCG, Boston Consulting Group, a premier consultant to businesses.He has a TED Talk in which he recommends that a business take some "direction" from the model of the human body's immune system.Well, Cathy and I have been writing for the general public for several years about an insight which relates to what Reeves is saying in that talk. The insight is that we can take direction from the human body. Whether we're a business or we're an individual, in all our interactions and relationships, we can learn from the way the human body "harmonizes." By harmonizes, we mean organizes. And by organizes, we mean brin...
Winning the ’20s
Over the past decade, businesses have faced relentless change on multiple dimensions, and the list of the world’s largest companies has changed enormously. The keys to success are likely to be just as different for the new decade. Winning the ’20s analyzes the new competitive environment that businesses face and outlines what will it take to win in the 2020s. To stay ahead of the trends that are reshaping business, leaders need to rethink existing assumptions and retool their companies. Both traditional incumbents and younger digital giants will face very different but equally critical challenges in the 2020s—and would do well to learn from each other’s strengths. This book discusses...
HBR's 10 Must Reads for CEOs (with bonus article "Your Strategy Needs a Strategy" by Martin Reeves, Claire Love, and Philipp Tillmanns)
As CEO, you set the vision, the strategy, and the tone of your organization. You establish priorities, anticipate and address challenges, champion and lead change efforts, set people up for success, and manage risk. Though you may have a great senior executive team and a top-flight board, the success of your organization depends on your leadership. If you read nothing else on being an effective chief executive, read these 10 articles by experts in the field. We've combed through hundreds of Harvard Business Review articles and selected the best ones to help you toggle between long- and short-term views, manage risk and innovation, and cultivate productive relationships with your staff and yo...
