Oct 2, 2025 · Find new ideas and classic advice for global leaders from the world's best business and management experts.

Strategy at many companies is almost completely disconnected from execution. Establishing a dedicated unit to orchestrate both will help to bridge the divide.

The authors outline a strategy-making process that combines rigor and creativity. A team begins by formulating options, or possibilities, and asks what must be true for each to succeed.

Mar 31, 2015 · It is striking how much confusion there is between strategy, implementation, and execution. Is “strategy” a matter of making choices about where we want to go, where we play …

The essence of strategy formulation is coping with competition. Yet it is easy to view competition too narrowly and too pessimistically. While one sometimes hears executives complaining to the ...

Oct 2, 2025 · Strategic planning Follow this topic Strategy Strategy formulation See All Topics Latest From the Store

In this article, Porter undertakes a thorough reaffirmation and extension of his classic work of strategy formulation, which includes substantial new sections showing how to put the five …

In the traditional strategic-planning model, managers attempt to forecast how markets will evolve and competitors will respond, and then define a multiyear plan to position their company to win …

Jun 20, 2022 · This article suggests three key steps to build the right execution system: 1) a good strategy, 2) the right organization, and 3) effective management.

May 26, 2010 · People make strategy much harder than it needs to be. For some, the problem is that they focus too much on the tools: environmental scans, SWOT analyses, customer …