'Strategic' and 'Plan' are two different concepts. A strategy iswhat we need to do to get from A to B (and deciding on what point B actually is). The plan is more specific and tells ushow we will get to point B (the details).
... No review of the concept of 'Plan' would be complete without the contribution of the renowned academic Professor Henry Mintzberg of McGill University. He contends that the definition of strategy is a multiple one, composed of 5Ps: Plan, Pattern, Position, Perspective and Ploy.
Professor Henry Mintzberg has been selected to receive the 2014 CK Prahalad Distinguished Scholar-Practitioner Award given by the Strategic Management Society. This prize, created in 2011 to honour the legacy of CK Prahalad, is awarded annually to a scholar-practitioner who has used applied learning to influence how theory and research guide practice. Special attention is given to a scholar-practitioner whose contributions have shaped the understanding of global strategic leadership.
The value of research is best realised when academics are prepared to descend from their rarefied elevations and recognise that practitioners have an important role to play in knowledge production.
Customer Centric Metrics rescue retailer from Strategic Eccentrics: Customers take care of The Profits
Tom Peters has long argued the case for Customer Centricity. At the 2011 Progress Conference he said; “The magic formula that business has revealed is to treat their customers like guests and their employees like people.” So what is his 2013 take on strategy and leadership? Think of this as “Tom Peter’s Balanced Scorecard”.
La proposition de Carlos Slim d’une semaine de travail de trois jours semble folle. Mais beaucoup, en 1922, pensaient Henry Ford fou quand il a annoncé que son personnel travaillerait cinq jours par semaine.
Carlos Slim’s proposal that we work a three-day week sounds crazy. But many, in 1922, thought Henry Ford crazy when he announced that his staff would work a five-day week.
We tend to admire leaders who proclaim, “If you can’t measure it, you can’t manage it.” But what if that’s not necessarily true?
... — Adapted from Simply Managing, Henry Mintzberg, Berrett-Koehler Publishers.
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Francis Fukuyama revisited his influential "End of History?" article recently and told readers of the Wall Street Journal (on June 6) that he was right after all.
When Bill Gates first met Warren Buffett, their host at dinner, Gates’ mother, asked everyone around the table to identify what they believed was the single most important factor in their success through life. Gates and Buffett gave the same one-word answer: “Focus.”
McGill’s initial experiment with Massive Open Online Courses, or MOOCs, has been a success and the first offering, Food for Thought, will be repeated next year.