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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 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.
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 another outstanding article that appears in strategy+business magazine, published by Booz & Company.
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. Don’t treat your stated strategy as a given if it’s not.
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 [.].
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. Empirically, this is simply not true.
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.
Yet, according to Donald Sull’s research in the March issue of HBR, almost half of top executives cannot connect the dots between their company’s strategic priorities; and two out of three middle managers say they simply do not understand their strategic direction.
As recently as March 2015, for instance, Rebecca Homkes and Don and Charles Sull said in “ Why Strategy Execution Unravels – and What to Do About it ”: “Since Michael Porter’s seminal work in the 1980s we have had a clear and widely accepted definition of what strategy is.”
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