No Strategy – No Innovation!!!

You’d think with all the fawning press many companies and executives receive that defining a clear, concise corporate strategy would be a “no brainer”. After all, don’t we hire and pay executives exorbitant sums due to their vision and strategy? You’d think that with the hordes of “management consultants” available from a wide array of highly compensated consulting firms that well-conceived strategic plans would simply flow like water from these founts of knowledge. And let’s not forget the virtual library of books on corporate strategy, from the likes of Drucker, Porter, Hamel, Prahalad, and so forth. Clearly there is a wealth of information, advice and knowledge about corporate strategy.

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The Life’s Work of a Thought Leader - An Interview with C.K. Prahalad

Coimbatore Krishnarao (C.K.) Prahalad would have celebrated his 69th birthday on August 8, 2010. He was one of the most influential and original strategic and management thinkers of the last 50 years. He was also a friend to strategy+business and, most significantly, a friend and mentor to management thinkers and practitioners all around the world — particularly in India, where he was born and educated, and in the United States, where he lived for most of his career until he passed away from a sudden lung illness on April 16.

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Why Storytelling Worked For Us and Some Tips from Salesforce's Marc Benioff - BusinessWeek

The co-founder and CEO of the $1 billion company offers advice on how to shape and articulate your vision for your own brand Software-as-a-service pioneer and salesforce.com (CRM) co-founder and CEO Marc Benioff credits storytelling as one of the primary reasons for his company's rapid success. "Communication is probably the most essential part of my job," Benioff told me in an recent interview about his new book, Behind the Cloud. The book describes how salesforce went from idea to $1 billion company in less than a decade. Whether you own a small business, run a large company, or have a great idea for The Next Big Thing, consider these seven tips from Benioff about how to shape and articulate your vision.

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How To Ignite Creative Leadership In Your Organization - Navi Radjou, Jaideep Prabhu, Prasad Kaipa, Simone Ahuja - Harvard Business Review

IBM just released its 2010 Global CEO Study based on face-to-face interviews conducted with over 1,500 CEOs spanning 60 countries and 33 industries. Here are some key points from the study: 1. Even if the recession is over, 79% CEOs expect the business environment to become even more complex in coming years. 2. More than half of CEOs doubt their ability to manage this escalating complexity. 3. Western CEOs anticipate economic power to rapidly shift to developing markets, and foresee heavier regulation ahead. 4. A majority of CEOs cite creativity as the most important leadership quality required to cope with growing complexity. Creativity in this context is about creative leadership

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A Formula for Managing On-Going Change - Booz and Co

Business transformation is now a continuous process most companies have not mastered. In this article from the well regarded Booz@Co strategy+business magazine, partners from Booz&Co offer a framework that can assist organisations in this vital process.

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