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Competitive strategy Archives - Page 6 of 6 - Ideas for Leaders

Pricing and the Power of Red

The colour red has long been associated with pleasure, and its effects have long been the subject of research. Studies have suggested that it serves as a ‘heuristic cue’ or shortcut when people make judgments and decisions. (In 2008, for example, researchers found that sports referees assign more points to competitors wearing red than those […]

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Scenarios Planning + Early Warning Scanning = Strategic Advantage

Scenario planning (SP) and early warning scanning (EWS) are considered important to ‘managerial cognition’. They help leaders understand how the future might unfold and they alert top management to new developments and ‘issues’ – typically conceived as opportunities and threats. They help leaders understand how to reconfigure resources to match or create market change – […]

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What to Learn from Pirates

For as long as capitalism has existed, there have been pirate organizations that have refused to play by the rules and standards set by the state and the ‘legitimate’ business world. Traditionally, these pirates have been viewed as rogues and cheaters who deserve the same fate — or at least its economic equivalent — as […]

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Principles of Competitive Global Talent Management

A multi-year, collaborative research study set out to examine the steps global companies can take to ensure that they recruit, develop and deploy the right people.  Researchers from institutions including INSEAD, Cornell, and Cambridge University came together and analysed companies that were selected based on superior business performance and reputation. They found that in addition […]

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Leveraging DNA to Survive in Hostile Business Environments

Rather than develop strategies for coping with future challenges, managers often blame market turbulence or unexpected events when a crisis occurs. This “corporate déjà vu” takes place in many organizations. How can companies avoid the blame game and instead manage better in hostile environments? Could the solution lie in genetic codes found in nature? Hostile […]

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