Internet Search Futures: Lessons from The Pursuit of Dominance This strategic lesson comes from a strategy that by its very size precludes serious consideration of alternatives. Firms that don’t have the vision to challenge their own assumptions will falter. The big search firms hold strategic positions tied too closely to their own success. More importantly, to each other’s … [Read more...] about Internet Search Futures: Lessons from The Pursuit of Dominance
Strategy
Strategy: Rethinking Competition
Strategy: Rethinking Competition Rethinking competition...We all know who the competition is. Well, we really don’t. Or at least we don’t all agree even when setting the context. I often run an exercise where members of a board are asked to write down their firm's top 5 competitors. The top 5 competitors exercise often returns a list of eight or twelve because most … [Read more...] about Strategy: Rethinking Competition
Disneyland Resort Strategy: Strategic Misadventures in Experience Design
Disneyland Resort Strategy: What Went Wrong with California Adventure Disneyland Resort and Strategic Misadventures...Disneyland, or the Disneyland Resort as it is now called, is going through yet another transformation. An Orange Coast article (California [Mis}adventure) outlines the strategic missteps Disney has taken over the years with its “second gate” designed to keep … [Read more...] about Disneyland Resort Strategy: Strategic Misadventures in Experience Design
Strategy and What Not To Do: The US National Debt
Strategy and What Not To Do: The US National Debt as an Example Strategy is as much about what not to do as it is about what to do. The US Government as a whole (vs. the slices the parties claim as theirs) lacks a sense of strategy. If they had a strategy, they could explain in clear terms what the trade-offs are between programs. But rather than explain, they obfuscate, … [Read more...] about Strategy and What Not To Do: The US National Debt
The Right Time to Write a Mission Statement
The Right Time to Write a Mission Statement...When is the right time to write a mission statement? My answer has always been at the beginning of a strategic planning process. At least initially. Don’t get married to that one. Strategic planning the mission. Strategic planning is about thinking strategically, at least that should be its goal. Strategic planning is about … [Read more...] about The Right Time to Write a Mission Statement