What Is Strategy? - Harvard Business Review Today’s dynamic markets and technologies have called into question the sustainability of competitive advantage Under pressure to improve productivity, quality, and speed, managers have embraced
The Definitive HBR Strategy Glossary Over the past several decades, HBR has published numerous articles about how best to develop strategy This glossary contains descriptions of more than 40 of them, from A-Z, complete with videos
How to Sync Your Budget with a Strategic Plan Strategic plans and budgets are often misaligned because they’re built on incompatible frameworks: Strategy focuses on stakeholders and long-term goals, while budgets are structured around
The Power of Strategic Fit - Harvard Business Review Companies that don’t align the essential elements of their strategy won’t be able to create sufficient value for their firms and their stakeholders to sustain long-term success Too many
Keep Strategy Simple - Harvard Business Review Few companies have a clear idea of where strategy making ends and execution begins As a result they develop strategic plans where they’re not required and fail to develop strategic plans where
Jargon Is Hurting Your Strategy - Harvard Business Review Strategy doesn’t fail for lack of ambition It fails when words meant to unify instead divide The obligation of leadership is ensuring language acts as the bridge between vision and execution
Lean Strategy Making - Harvard Business Review Most companies understand the benefits of standardizing critical processes: reduced variation, higher throughput and quality, and lower costs Yet they tend to approach strategic decisions