|
What is Strategy
Innovation?
Strategy innovation is about challenging
existing industry methods of
creating customer value in order to meet newly
emerging customer needs, add additional value, and
create new markets and new customer
groups for the sponsoring company.7
Creating Customer Value: 9 Questions
Why Strategy
Innovation?
To survive in today's
tidal wave of global economic, technological, and social change, you must
understand how powerful forces are aggregating once-distinct product and
geographic markets, enhancing market-clearing efficiency, and increasing
specialization in the
supply
chain.
You should respond by adopting a new approach to
strategy –
one that combines
speed, openness,
flexibility, and
forward-focused thinking.11
Jack Welch's 5 Strategic Questions
Never is
strategy implementation more
important than when innovation is at the heart
of a strategy. Innovation always involves treading into uncertain waters.
And as uncertainty rises, the value of a well-thought-out, but static,
enterprise strategy drops. In fact,
when pursuing entirely new business models,
no amount of research can resolve the critical unknowns. All that strategy
can do is give you a good starting point. From there, you must
experiment,
learn, and
adapt.10
Corporate
Strategy: 2 Logics
7 Dimensions of Strategic
Innovation
The Strategic Innovation framework weaves together seven dimensions to
produce a range of outcomes that drive growth.
A company's
Organizational Readiness may drive or
inhibit its ability to act upon and
implement new
ideas and
strategies, and to successfully manage operational, political,
cultural and financial demands that will follow...
More
What Is Your
Strategic
Intent?
Strategic
intent is a high-level statement of the means by which your organization
will achieve its
vision. It is a core component of your
dynamic strategy. Strategic
intent cannot be planned all in advance. It must evolve on the basis of
experience during its implementation...
More
3 Strategies of Market Leaders
Reinventing an
Industry
Reinventing an industry involves changing an industry's
competitive rules, developing
completely new products or services, or changing the fundamental
financial relationships between companies in your
value chain.
Competitive
Strategies: 2 Types
Blue Ocean Strategy:
6 Principles
Blue Ocean Strategy is about
revolutionary
value innovation.
The six principles drive the successful
formulation and
execution of Blue Ocean Strategy.
These principles attenuate the six risks...
More

5 Key Questions...
Dynamic Strategy as a Source of
Sustainable Competitive Advantage...
Owning Your Competitive Advantage...
Competitive Innovation...
Strategic Learning...
Strategy
Implementation...
Four Step Approach to Strategic Learning...
Benefits of
Four Step Approach to Strategic Learning...
Changing
Policies: Suggestion Box...
FutureStep
–
a New Strategic
Management Process...
Value Innovation...
Diversification Strategy...
Business Portfolio Analysis...
BCG Growth-Share Matrix...
Rapid Experimentation with
Business Opportunities...
Beta-Testing a New
Product and Market Learning...
Case in Point
Changing a
Business Logic by Canon...
Case in Point
Google...
Case in Point
Fun4Biz...
|