Thursday, January 24, 2013

Lessons in Strategy

There is no one perfect strategy... That is why building up strategic thinking capability is so vital!
  • TESCO built on founder Jack Cohen's "pile it high, sell it cheap" formula and willingness to experiment.
  • SCHWEPPES cultivated "alternative coalitions" of managers who worked behind the scenes to anticipate changes.
  • SMITH & NEPHEW overcame political infighting to develop respect between executives for different strategic viewpoints.
  • PROCTER & GAMBLE taught executives that "strategic thinking capability" was essential to adapt to a shifting context.

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