Coopetition in the new economy

READ THE FULL GRAPHIC VERSION Leaders need to simultaneously cooperate and compete In the emerging global economy, companies are realizing that a substantial part of their value proposition rests on their ability to forge relationships to add value to their customers.The environment for business is continually changing: technology has enabled new levels of international trade … Read more

Rethink strategy from first principles

READ THE FULL GRAPHIC VERSION The paradigm has changed. Leaders need to rethink strategy from first principles, argues Tony O’Driscoll Over the past quarter-century as a business school professor, I have almost invariably begun courses with one simple question: “Why do firms exist?” Equally invariably, students respond: “Firms exist to make money!” When I ask, … Read more

Common understanding about business efficiency was a casualty of the pandemic

READ THE FULL GRAPHIC VERSION Rita Gunther McGrath corrects some incorrect assumptions When the ratio of assumption to knowledge is high, spending a lot of time on elaborate spreadsheets is senseless. Post-Covid-19, assumptions have the upper hand. It’s time to question them all – starting with those about cost-saving and efficiency. A certain kind of … Read more