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BNET Business Dictionary
- Strategy
- a course of action, including the specification of resources required, to achieve a specific objective
- Strategy definition on BNET »
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- The Antidote to Innovation
- "Innovation" is creeping near the top of this year's business buzzword list, perhaps even nudging out "Web 2.0" for top honors. Business seers tell us that innovation is the best way to grow our enterprise, that it is a source of continuing competitive advantage (Wait, I wrote that!), that it...
- Blog posts 2008-07-16
- 3 Question Quiz: Is Your Company Ready to Innovate?
- Although every company needs to create new growth products and services to prosper, not all firms are on sound enough footing to boldly go where no company has gone before. Judge the situation at your own company by answering these three questions, advises innovation expert Scott Anthony...
- Blog posts 2008-06-24
- Controlling Corporate Risk Through Sabotage
- Every executive is in the business of controlling risk, or harms, but doing so is both a skill and an art that few of us practice. Corporate risk comes in many forms: pricing moves by a competitor, a product liability lawsuit, departure of a talented manager, a...
- Blog posts 2008-06-23
- Knowledge Sharing and The CIA's Intellipedia
- There is a worthwhile debate brewing over the value of Web 2.0 technologies such as wikis and prediction markets to improve corporate communication. Even the US Central Intelligence Agency has fired up a knowledge-sharing wiki called Intellipedia, which recently celebrated its second anniversary. According to the CIA:...
- Blog posts 2008-06-20
- What Indian CIOs Can Teach American Colleagues About Innovation
- IT departments in the US excel at showcasing emerging technologies such as RFID and mobile connectivity. But in the more important area of using technology to propel business innovation, IT execs in India lead the way, says Forrester Research Vice President Navi Radjou. In a Harvard Business...
- Blog posts 2008-06-02
- Where Did Japan Go Wrong?
- Twenty years ago, with George Bush Sr. in command of the country, the US was gripped with almost a national hysteria about Japan. The hottest read in business and government circles was Trading Places: How We Are Giving Our Future to Japan and How to Reclaim It,...
- Blog posts 2008-05-20
- Raise Your Prices
- "Management must raise prices, raise them a lot, and raise them frequently." Business writer George Stalk writes this eye-catching sentence in a recent blog on Harvard Business. He believes the 12-month run-up we've seen in commodity prices (ethanol +47 percent, wheat +40 percent) will continue to rise in the...
- Blog posts 2008-05-20
- Get IT on Your Side
- How is your relationship with IT? Do find them supportive and helpful when you have a tech problem in your group? Can you get enough IT resources for new projects? The fact of the matter is, you and IT probably have a troubled marriage,...
- Blog posts 2008-05-19
- So You Want to Negotiate with Wal-Mart
- Wal-Mart is the kind of partner-distributor that can put your products on the map, not to mention in the black. But if you are lucky enough to land an agreement with the world's largest retailer, your work is only beginning. Now you have to negotiate terms, The...
- Blog posts 2008-05-12
- Fixing Globalization-Fueled Human Rights Violations
- A new United Nations report written by Harvard Kennedy School's John Ruggie signals a growing incidence of business-related human rights violations fueled by globalization. The changes wrought by a globalized economy, he writes, are creating "governance gaps" -- areas of business, government, and society where established human...
- Blog posts 2008-04-22
- What Are Your Sure Bets for the Future?
- Harvard Business Review Editor Thomas A. Stewart has a thought-provoking list for you to contemplate, and its title doesn't lack for confidence: 9 Sure Bets For The Future. To give you a flavor, here are three of the nine trends Stewart thinks are sure enough for you...
- Blog posts 2008-04-03
- Kickstarting Your Corporate Social Revolution
- Every revolution needs a revolutionary. Have you identified the Mohandas Gandhi, Nelson Mandela, or Che Guevara who is going to lead your corporate social revolution? This is the effort to forge new, interactive engagements with both your customers and employees using social technologies such as blogs,...
- Blog posts 2008-03-25
- The 37th Button On Your Remote Control
- Our headline today comes from a line used by innovation expert Scott Anthony in the excellent post Innovation Gone Overboard. His point: Companies often try to freshen their existing products with too much innovation; the 37th button on the remote. But their mistake is your opportunity....
- Blog posts 2008-03-21
- Learning From Business History
- A quick note today on the arrival of The Oxford Handbook of Business History, an intriguing and opinionated survey of business management theory and research weighted mostly to the post-1950 era. The collection of essays around major business themes (approaches and debates; forms of business organization; functions...
- Blog posts 2008-03-19
- The DNA Advantage at Apple and Google
- What makes Apple and Google such dominant competitors? It's baked into their DNA, says innovation expert Umair Haque. According to Haque, here is where their genetic instructions match up: Focus on mission. "Goople" is out to change the world for the better; nothing...
- Blog posts 2008-03-14
- Tools for Assessing Your Organization's Learning Capabilities
- Every organization must learn or die -- learn about itself, the competition, the market, the world. A new Harvard Business Review package on organizational learning wraps together an article, assessment tool and video interview to help you judge your own organization's learning capabilities. What does a...
- Blog posts 2008-03-03
- The CEO's New Rules for Driving Strategic Change
- Most of us have lived long enough corporate lives to recognize this scenario. CEO announces sweeping strategy shift for company. Managers and employees buy in enthusiastically -- everyone is on board! And the result is... Nothing. Change doesn't take hold....
- Blog posts 2008-02-28
- How Local Firms Beat Multinationals
- Wal-Mart doesn't always win when it enters a new market. In business, David can beat Goliath, or at least maintain competitive advantage, by understanding weaknesses inherent in big companies and strengths to be derived from playing smart in your own backyard. The subject of...
- Blog posts 2008-02-28
- Managing Innovative Industrial Design
- Most consumer-focused companies want their products wrapped in great designs. After all, consumers appreciate and pay extra for things that look spectacular, feel right, operate smoothly. However, these same firms struggle with how to manage the design process. There are all kinds of best practices and...
- Blog posts 2008-02-21
- Alliances Increase the Effectiveness of Social Enterprise
- Why is it that despite trillions of dollars invested to fix significant social ills such as poverty, illiteracy, and crime, these social ills still exist? In a recent interview with this reporter, Harvard Business School professor Jane Wei-Skillern suggests that what social enterprise efforts need is...
- Blog posts 2008-02-13
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