Sunday, September 25, 2011
Saturday, September 17, 2011
The Thank You Economy
One of the most influential books in the social media world. Not only does it talk about how social media is changing the world, but also lets you know what you need to do to survive in corporate North America during this wave of cultural change.
Thursday, September 15, 2011
Tuesday, September 13, 2011
The Lifetime value of a customer
The Lifetime value of a customer has been an interesting concept discussed in the business world, but I've never seen a good illustration on how to calculate it. Here's an interesting article on it, although it's hard to say this is accurate, but that's just how the cookie crumbles.
Monday, September 12, 2011
Business Wargaming
Business Wargaming is an interesting tool adapted from game theory and war strategy. Such simulations are supposed to help stress-test a business environment and simulate an environment of competitors, market participants, controls teams etc.
The following piece from ATKearney does a good job of giving an overview / introduction:
The following piece from ATKearney does a good job of giving an overview / introduction:
Sunday, September 11, 2011
Why are leaders bad at Strategy? Its not that there aren't enough strategic analytical tools not available in their toolbox or they don't know how to use it, but rather the fact that leaders treat strategic thinking, which is usually a where to play and how to win initiatives unilaterally.
Both these thinking processes should be combined to get the best outcomes.
Check this HBR article for a better understanding : http://blogs.hbr.org/martin/2010/01/why-most-ceos-are-bad-at-strat.html?cm_sp=blog_flyout-_-martin-_-why_most_ceos_are_bad_at_strat
Check this HBR article for a better understanding : http://blogs.hbr.org/martin/2010/01/why-most-ceos-are-bad-at-strat.html?cm_sp=blog_flyout-_-martin-_-why_most_ceos_are_bad_at_strat
Saturday, September 10, 2011
What is strategy? Some call it the compass that points towards success. But does Strategy exist as a unilateral function in the world of business?
This piece from Harvard Business School - "How Business Strategy Tamed the "Invisible Hand" speaks about how strategy was originally formulated and applied through the times.
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