The corporate start-up sweet spot is where an internal venture provides corporate fit and stretch, in terms of markets, strategic learning, and business model. The rationale for corporate start-ups is that large companies have a resource advantage over start-ups-in-the-wild, in the form of customers, brand, expertise and capital. In other words, they have the ability ...
Download Effects Research Report on “Integrated Strategy” How integrated is your strategy? It’s a good time to be a business strategist. Strategy is in a period of renewal. New practices are being invented to deal with new market conditions, more people are getting involved in strategy, and the positive social impact of the strategy is on the rise. Strategy has ...
‘Disruption’ sounds painful, and it is when you are running a business that suddenly finds itself losing profit and market share to a competitor providing a product or service that makes yours look expensive or obsolete. Harvard Business School professor Clayton Christensen coined the term ‘disruption’ in his 1995 book The Innovators Dilemma. The dilemma ...
There may seem little point in medium-term 1-3 year strategic planning during a crisis. But decisions taken today have ramifications down the line, so having a plan with stated objectives is helpful to making the right ones. The problem is that standard strategic planning is time-consuming and requires a baseline and stable environment to be ...
Most startups now follow a customer development approach to innovation as follows: talk to users about the area you want to innovate identify their pain come up with ways to solve their pain show them your ideas get feedback adapt your best idea repeat the process until you find what they are willing to pay ...
Business strategy projects often begin full of curiosity and enthusiasm to develop a powerful new plan but end with an incremental set of objectives and initiatives based on the current model. Why is that? What happens during the course of converting analysis into strategy that renders the output so ordinary a lot of the time? ...
