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Can Audi avoid its Kodak moment?

  • Posted by Cris Beswick
  • On 01/12/2022
Recently Hildegard Wortmann, Audi AGs member of the board of management responsible for Sales & Marketing, said that there is only a 50% chance that Audi will still exist in 10 years. As alarming as this might sound, her perspective is probably rooted in acknowledging that the company cannot adapt quickly to changing customer preferences. […]
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Three Things to Consider When Developing an Innovation Strategy

  • Posted by Dan Toma
  • On 07/11/2022
The traditional approach to developing a business strategy that is carried to innovation strategy development is inconsistent and insufficient to tackle the challenges in the business environment of today, therefore leaders are already seeking alternatives.
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Why Now? Why Us? A Radically Rational Guide for a Winning Business Strategy

  • Posted by Dan Toma
  • On 10/08/2022
Most corporate strategies, if they are developed well (and from our experience that’s a big IF), are great at giving a direction for a company’s efforts for the foreseeable future. In essence, they are great at explaining where the company is heading and what it wants to achieve.  When Netflix made the transition towards streaming […]
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What does it mean to be a ‘responsible business’?

  • Posted by Hannah Keartland
  • On 07/06/2021
What does ‘responsible business’ or ‘purposeful business’ mean to you? For some it might be about transitioning to a greener energy supply and recycling as much office waste as possible. For others is might be about deprioritising profit as a goal and focusing on achieving a social objective such as helping homeless people get back […]
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Strategy ahead of the technological curve

  • Posted by Dan Toma
  • On 11/12/2020
Most established organizations tend to be a bit more prudent when it comes to new technologies and integrating them in their strategic options, however totally ignoring these is not an option either. Technology developments influence our lives. They bring about disruption by enabling business models that weren’t previously possible. Business models which squeeze out the […]
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Creating an innovation strategy is a team effort!

  • Posted by Dan Toma
  • On 28/09/2020
An inclusive and consensual approach to developing bold innovation strategies is needed. Why, you ask? Historically speaking, strategy formulation was an activity reserved for a select group of individuals in an organisation or external consultants.  Starting in the 80’s the strategy development process was professionalised as it evolved from the chief executive’s domain into a […]
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Building bold strategies, one hypothesis at a time!

  • Posted by Cris Beswick
  • On 16/06/2020
With an abundance of global reports and surveys outlining the continued challenges faced by organisations in their quest to innovate, the single biggest issue we still see leaders make is not creating absolute clarity on strategy. And if you subscribe to the notion of “tomorrow’s prosperity is dictated by today’s leadership decisions” then innovation has […]
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Unleashing Leadership Curiosity

  • Posted by Cris Beswick
  • On 16/04/2020
How do you see your leadership role? Are you a numbers person or a detail devil, a blue-sky thinker, an enabler or a controller? Depending on your answer, we may need to have a quick leadership refresh. In the meantime, let’s have a quick chat about the sort of leader you need to be if […]
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Aiming for a Future-Fit Strategy

  • Posted by Cris Beswick
  • On 14/04/2020
“Not all innovations are created equal.” That comment from Jacquelyn Pless headlined an article outlining the MIT Sloan approach to innovation strategy. [1] As it describes three foundations for delivering an effective strategy, the report makes it clear that innovation is a process that requires management and measurement to be successful. The idea of successful […]
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