Today's strategy+business article, A Continuous Quest for Economic Balance, discusses what countries must do to balance their economies. It starts, in its first sentence, revealing a bias by focusing on "what cracks the storm [the economic crisis] revealed in the foundations of national economies." I think there is a larger crack that appeared during the financial crisis, … [Read more...] about Economic Balance Can’t Come from Sovereign State Policy Makers
Scenario Planning
Strategy: What Nokia Needs to Do To Survive
Cover photo by Zaidan Falaah on Pexels.com Stephen Elop's leaked Nokia strategy memo (full text here at the WSJ TechEurope blog) has caused a bit of a stir. At the center of the memo is uncertainty. The message he gives is that people need to embrace uncertainty like the man in his allegorical burning platform, jump into icy waters and be transformed. The emotion of the … [Read more...] about Strategy: What Nokia Needs to Do To Survive
What We Won’t Learn from IBM’s Watson Playing Jeopardy!
The game show Jeopardy! will host an unusual array of contestants on Februrary 14-16, 2011. Two of the shows superstars, Ken Jennings and Brad Rutter, will be pitted against Watson, an artificial intelligence (AI) created by IBM engineers. Watson will not teach the world anything new about a generalized artificial intelligence. In the moment, as Watson answers questions, it … [Read more...] about What We Won’t Learn from IBM’s Watson Playing Jeopardy!
Management by Design: What’s in it for Your Organization? #MBDBK
I do a fair amount of marketing consulting, and we spend hours talking about value propositions. So I thought I would share the value proposition for Management by Design. And today is a good day to have this discussion, because the Conference Board just released their latest numbers on worker satisfaction (see I Can’t Get No...Job Satisfaction, That Is - Research Report … [Read more...] about Management by Design: What’s in it for Your Organization? #MBDBK
Why Visions Aren’t Future Mission Statements
Why visions aren't future mission statements A mission is a statement clearly defines why an organization exists. It should be short and very clear. It should differentiate the organization from its competitors. Why an organization exists should state unique value. A vision states should be aspirational and forward-looking. It should derive from, and complement the mission … [Read more...] about Why Visions Aren’t Future Mission Statements