Developing a work approach that is adequate to the challenges ahead
a world moving toward new and different futureS
Strategy Pure and Simple -- How winning CEOs outthink their competition (by Michel Robert)
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Strategy Pure and Simple -- How winning CEOs outthink their competition (by Michel Robert)
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Foreword
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A new voice and a provocative point of view
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Change is the only certainty that we face
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Preface
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The last 30 years
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Book argues that the miracle recipe’s are conceptually flawed
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Developed in the boardroom
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Reflects the thought process successful CEOs employ to engage their employees in a winning vision and strategy that beats the competition
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U.S. companies are being out-thunked
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CEOs of publicly traded companies in U.S. believe the biggest impediment to sound strategic thinking is Wall Street’s thirst for increases in quarterly earnings
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U.S. passion with flawed concepts of planning that view a corporation strictly as a financial model to be tweaked and twisted in a variety of preprogrammed formulas.
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Little strategic thinking in U.S. companies
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Uncover the process and the skills of strategy that successful CEOs use to outthink their competition
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Fire, Ready, Aim: The best way to lose the game
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Introduction
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The portfolio matrix approach: Marketing Mania!
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Competitive analysis: Going forward backward
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Shareholder value based planning is strategic folly
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Coping with change
Several major areas of change will have a profound effect on business in the future.
The executives who will be able to lead their organizations through these changes will be the ones to survive and prosper
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Global markets, multiple cultures
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Think global. Act local
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More competitors and more intense competition
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Scarcer human resources
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Better quality
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Information explosion
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Quantitative vs. qualitative planning
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Number’s planning discourages risk taking
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Strategic planning discourages innovations
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Strategic thinking vs. Strategic planning
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Strategic planning the death knell of strategic thinking
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The CEO’s vision: the starting point of strategic thinking
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Introduction
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No process for strategic thinking
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What is strategic thinking?
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What is the content of strategic vision
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Determining the strategic heartbeat of the enterprise
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Introduction
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The concept of strategic force or strategic drive
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Strategic questions
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Seduced by opportunities
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Summary
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Determining the strategic capabilities of the business
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Introduction
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Keeping the strategy strong and healthy
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The importance of area’s of excellence
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Articulating the business concept of the enterprise
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Introduction
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Meaningless mission statements
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The bumper sticker strategy
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Summary
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Corporate or business unit competition
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Introduction
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The link between business unit success and corporate competitiveness
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Strategic vs. operational objectives
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Managing your competitor’s strategy: the General Patton approach to competition
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Introduction
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To compete or not to compete?
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Changing the rules of play
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Changing the rules of play
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Introduction
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Examples of companies that have changed the rules
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What happens when you play by another’s rules
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The Japanese rule book
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The moral of the story
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The future of strategic success
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Introduction
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Push to pull economy
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Market fragmentation vs. market segmentation
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The ramifications of the market fragmentation versus segmentation approach
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The Dos and Don’ts of strategic alliances
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Don’ts
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Dos
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Profit is no replacement for strategic fit
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CEO talk about the strategic thinking process
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Introduction
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Caterpillar Inc.
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Lang Communications Inc.
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FLEXcon Inc.
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DataCard Corporation
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United Grain Growers
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AEG Corporation
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Nicolet Instrument Corporation
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Castrol (U.K.) Limited
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Domain Inc.
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St. Luke’s Health System Inc.
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Baldwin Technology Company Inc.
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The logistics of the strategic thinking process
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Introduction
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The role of the CEO as process owner
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The role of process facilitator
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The process
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The results
A variety of different results from the use of the Strategic Thinking Process
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Closing the loop
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The mechanics of the process
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Summary
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Appendix
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Is the stock market an obstacle to strategic decision making
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