Staying Power is a dense and extremely well researched book. It is not for the faint hearted. Cusumano reportedly spent over 25 years researching some of the world’s largest and most successful companies and was an advisor to more than 100 firms. The book looks in depth as the strategies adopted by companies such as Google, Intel, Apple, JVC, Toyota, and Microsoft.
Tag Archives: Apple
Business schools contain the word both business and school. These ingenious little books written by Harvard show that one of the world’s most known business schools is pretty good at doing both of them. The title of the book gives you essentially all that you need to know. These are a collection of the ten most read articles that have been published by HBR on strategy.
BOOK REVIEW: “The New Age of Innovation: Driving Co-Created Value Through Global Networks” by C.K. Prahalad & M.S. Krishnan ” (2008)
The New Age of Innovation is one of C.K.Prahalad last works. The central theme lies around what they define as N=1; R=G. Increasingly today business is having to adapt to the logic of the individual needs of each customer (N=1). At the same time, they are finding their resources on a global scale (R=G).
Anyone who has studied a theory of strategy known as the Resource Based View will instantly recognize the name Cynthia Montgomery. Her 1995 article with David Collis, “Competing on Resources” is one of the founding texts in this domain.
The Strategist is based on her teachings on the executive education program at Harvard Business School. It is an excellent read that challenges managers to think about their own vision of what they and their organisation contribute to society. From the introduction, she sets out her stance:
“You’re about to get a revisionist view of strategy. It’s not that what you’ve learned is incorrect. It’s that it’s incomplete.”
The Strategy Book gives a clear and concise introduction to some of the main challenges that organizations face. It has many examples from different industries and challenges the reader to ask some difficult questions about their own practices. It is a useful introduction to the subject and a good book to provoke some discussion for more experienced managers. Continue reading
John Kay, one of Britain’s leading economists, declared that this is “the first book on strategy that I have found difficult to put down.” He is not the only one. It is an excellent read and gives a very thoughful insight into the strategic choices that companies must face. This has to be one of the best books on strategy that I have read this year.
Strategy, understanding strategy, market leader, sustainable competitive advantage. Continue reading