Tag: Strategy

The resource based view of strategy has a coherence and integrative role that places it well ahead of other mechanisms of strategic decision making. After thirty years or so, the subject of strategy is genuinely acquiring what can be described as a paradigm - to use the most overworked and abused term in the study of management.

Ford’s promise to keep prices high is a curious one, and the way it has been phrased shows that they have failed to understand the principles of credible commitment.

For all the analogies, war is not business. Sun Tzu will not tell you much about business strategy.

Is Wal-Mart’s entry into the UK market a sign of global retailing? It’s an interesting move, when Wal-Mart itself is solidly small-town American.

Incremental rather than radical change is usually the best business strategy. When radical change is needed it will usually be provided by new businesses altogether.

In the black-and-white world of business opinion, Marks and Spencer is now firmly out of fashion. But corporate success depends on establishing and defining one’s own self.

George Westinghouse was a titan of American industry. Like Bill Gates, he made a fortune by controlling a vital standard. He also lost a large one by overextending himself.

In which Rebel Without A Cause illuminates the risks and the rewards of making credible commitments.

BMW has a chequered history, and if the current management had learned lessons from the past they would never have purchased Rover.

With maturity – personal or corporate – comes the principle of obliquity. Many people have noted the paradox that the most profitable companies are not necessarily the most profit oriented.