Strategic Planning: Balancing Data and Debate

on October 22, 2018

A guest article by Dr. Sebastian Stange

In many companies, strategic planning remains ineffective. A key ingredient of an impactful processes is a careful balance between data and debate. Four practical approaches from our experience on BCG client projects can help.

PowerPoint can undermine Corporate Strategy

on August 03, 2018

A guest article by Edouard Gruwez

In the past months, we helped half a dozen global organizations to articulate their strategy. When people talk about 'the strategy', they are referring to a bulky slide deck destined for the executive committee or the board. Many companies report two problems with corporate strategy: First, they really struggle to cook up a strong, coherent and engaging strategy. Second, many stakeholders are frustrated by the strategy creation process.

The Five Most Common Mistakes in Implementing Strategies – and How to Avoid Them

on June 15, 2018

A guest article by Milon Gupta

Having a good strategy is no guarantee for a successful business. The crucial thing is how organizations implement their strategies. And this is something a lot of organizations need to catch up with. In my experience, both, big enterprises as well as small companies, make the same mistakes in implementing. Checking your own organization regularly and self-critically is the only way to discern those and other mistakes in time and to avoid them.

Common Strategic Planning Mistakes – Part 2

on November 12, 2012

In the first part of this two-part blog post, we examined common mistakes made in strategy development. Today, we want to explore another set of common mistakes that occur during strategy execution and show you how to avoid them.

Common Strategic Planning Mistakes – Part 1

on November 06, 2012

Strategic planning is not an easy task. From strategy development to successful implementation, there are plenty of stumbling blocks which must be overcome. In this two-part blog post, we would like to introduce you to some of the most common strategy mistakes and show you how to avoid them.

From Red and Blue Oceans: Award-Winning Authors W. Chan Kim and Renée Mauborgne Expand Their Popular Strategy Model

on September 14, 2015

With more than two million sold copies and translated into a record-breaking 42 languages, "Blue Ocean Strategy" by W. Chan Kim and Renée Mauborgne is one of the absolute classics of strategy literature. The book of the two INSEAD strategy professors has inspired many companies to leave highly-competitive "red" markets and dive into new, not yet contested "blue oceans." In the past ten years since the publication of the book, however, the world has not stopped spinning, of course.That’s why Kim and Mauborgne have continued their research expanding their strategy model by one key issue.