Tag Archives: strategy

Savvy Saturday May 20, 2017

Inspired by a HBS course I am taking, here is Clayton Christensen talking about deciding what you stand for and stand for is 100% of the time! Enjoy today’s Savvy Saturday! – EMC

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“You can talk all you want about having a clear purpose and strategy for your life, but ultimately this means nothing if you are not investing the resources you have in a way that is consistent with your strategy. In the end, a strategy is nothing but good intentions
“resisting the temptation whose logic was “In this extenuating circumstance, just this once, it’s OK” has proven to be one of the most important decisions of my life. Why? My life has been one unending stream of extenuating circumstances. Had I crossed the line that one time, I would have done it over and over in the years that followed.

The lesson I learned from this is that it’s easier to hold to your principles 100% of the time than it is to hold to them 98% of the time. If you give in to “just this once,” based on a marginal cost analysis, as some of my former classmates have done, you’ll regret where you end up. You’ve got to define for yourself what you stand for and draw the line in a safe place.”

C. Christensen How Will You Measure Your Life?
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Savvy Saturday December 31, 2016

 

“Strategy is a commodity, execution is an art.” – Peter Drucker

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Savvy Saturday August 6th, 2016

The worst place to develop a new business model is from within your existing business model. – Clayton Christensen

www.pinterest.com

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Savvy Sunday July 10, 2016

“People who don’t take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.” – Peter Drucker

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On Maneuver…

In international business, like in politics, local guides or experts are key to obtaining advantages in new markets. Here, two excerpts from the Art of War:

Sun Tzu:

Those who do not use local guides are unable to obtain the advantages of the ground.

Li Chang:

We should select the bravest officers and those who are most intelligent and keen, and using local guides, secretly traverse mountain and forest noiselessly and concealing our traces…we concentrate our wits so that we may snatch an opportunity.

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Savvy Saturday February 20th, 2016

The best strategies always include a sharp definition of the target customer. And the more unique it is, the better.

Ken Favaro in “Why Distinctive Customer Targeting is a Smart Strategy” in Strategy & Business

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Savvy Saturday January 30, 2016

“Looking from afar – from present to past, from exile to homeland, from island back to mainland, mountain-top at lowland – results not in vision’s diffusion but in its sharpening; not in memory’s dispersal but in its plenishment.”

― Robert Macfarlane, Landmarks

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Savvy Saturday October 31, 2015

“If you had shown [companies] the iPhone 10 years ago and said, “This will be the future of how civilization works,” they would have said, “No, it won’t.” In fact, some companies looked at this space and elected not to pursue it.

This is because their innovation process doesn’t give their leadership a context for thinking about profound innovation. In a conventional company, an innovation process is often a substitution for creativity and thoughtfulness. Companies have come iStock_000014701722XSmall_610_300_s_c1_center_centerto us and asked for something like “disruptive innovation.” It is fashionable and they’ve read about it; they don’t know why they need it, but they hope it will help. However, they are seldom prepared to embrace what’s necessary to actually do this.”

Bran Ferren on the Art of Innovation interviewed by Art Kleiner in Strategy+Business magazine.

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White Space

We all need “white space” in our lives. White space allows us to think, be creative, be strategic, focus on what counts, do something fun, laugh, cry or a combination of all these things.

I usually factor “white space” into a project because it provides you or the project manager the opportunity to pause, reflect and tailor actions before things go too far in the wrong direction.

White space is not only reflection. White space is planning, thinking, future looking, story building time that allows us as human beings to remember we are human. Check for mistakes, celebrate a success, write that thank you letter or start that side project you have always wanted to do.

White space makes us human. Without white space we run the risk of becoming machines. e3dc9e58e2c5faad2871843721955e3d

EMC

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