New Business Trends

Where is the Puck Going?

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Entries from February 2016

Can You Say What Your Strategy Is?

February 18th, 2016 · Add Comment

Can you summarize your company’s strategy in 35 words or less? In this amazing HBR article Collis and Rukstad stress the importance of putting together a simple strategy statement as “a guiding light for making difficult choices”. Here is an example of a strategy statement provided in their article: Edward Jones aims to “grow to […]

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What is Strategy?

February 6th, 2016 · Add Comment

Here is an amazing article by Michael Porter published in Harvard Business Review that helps one better understand what strategy really is. Let me try to paraphrase Michael Porter’s definitions of strategy here: – Strategy is the creation of a unique and valuable position involving a different set of activities. – Competitive strategy is about […]

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Tags: New Business Trends