Strategy

Professor Ming-Jer Chen says in a world in which globalization and technology are rapidly recoding the very DNA of business, its time for profound reexamination of the meaning, parameters and aims of competition.

Before Lin-Manuel Miranda and his hit show Hamilton were on Broadway, he was working to create buzz, connecting with the public through an active social media presence, particularly on Twitter. His savvy use of social media serves as a case in point in how to engage multiple audiences.

To transform into an organization that effectively bridges strategy and data analysis so that big data starts influencing execution, Professor Raj Venkatesan recommends businesses follow “five enablers of the data driven process.”

Emerson Process Management obtained a strong foothold in the Russian energy market despite the country’s almost Wild West economic and political conditions.

Darden Professor Jared D. Harris’ research took a close look at the underpinnings of that question to determine what kinds of performance feedback managers pay attention to and how they pay attention to it.

Enhancing execution capability is a three-step process. Overriding priorities are to (1) profile businesses in ways that are usable by the senior team, (2) do so using operational data currently accessible in the business, (3) provide rapid diagnostics of execution capability and (4) prioritize targeted intervention to address capability gaps.

A couple of years ago, during a strategic review process at SunTrust, an analysis of the banking financial services industry revealed something very interesting: Strategy alone did not differentiate high- from low-performing firms. The true differentiator between winners and losers turned out to be how well the strategy was executed.