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Donald Sull is a global expert on strategy and execution in turbulent markets. Ascherman Professor of Strategy at Stanford, a highly cited author, and the co-director of the Stanford Technology Ventures Program. He is a senior lecturer at the MIT Sloan School of Management. Kathleen Eisenhardt is the S.
Here is an excerpt from another outstanding article that appears in strategy+business magazine, published by Booz & Company. In it, Donald Sull shares his insights concerning how and why market anomalies and incongruities may point the way to the next breakthrough strategy, thence to a wealth of business opportunities.
Here is an excerpt from an article written by Donald Sull and Kathleen M. Eisenhardt for the Harvard Business Review blog. To read the complete article, check out the wealth of free resources, and sign up for a subscription to HBR email alerts, please click here.
Don’t treat your stated strategy as a given if it’s not. Don’t tell people that the answer lies in insourcing or outsourcing or technology or big data or acquisitions or divestitures… Let them conclude for themselves what the answers are, having explored your broad question, from the universe of possibilities you open to them.
Here are a few insights provided during an interview of John Donovan, the chief technology officer at AT&T since 2008, who learned a lot about the subtleties of team-building earlier [.].
It is nearly impossible to translate — let alone execute – a strategy that you don’t understand. McKinsey and Company reported similar findings from its Organizational Health Index as did Timothy Devinney at Australia’s University of Technology in a recent experiment. Does this sound familiar?
Puzzling anecdotes abound: Microsoft has missed out on a series of new products in the past decade, yet as Don Sull points out , it continues to be highly profitable. We are living in a time of amazing technologies, but that’s arguably been true of every period since the industrial revolution.
I spoke with contributor Don Sull , who teaches strategy at MIT and the London Business School, about the tension between scholars who put sustainable competitive advantage at the center of strategy and those who argue that some industries are changing too quickly to allow for sustained performance. When Innovation Is Strategy.
It was this received opinion Michael Porter was questioning when, in 1979, he mapped out four additional competitive forces in “ How Competitive Forces Shape Strategy.” Strategies for staying ahead. He was hardly alone — that was evidently how most economists thought about competition, too. Insight Center.
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