How to Put Your Money Where Your Strategy Is
Not what you're looking for?
How to put your money where your strategy is?
Most companies allocate the same resources to the same business units year after year. That makes it difficult to realize strategic goals and undermines performance. Here's how to overcome inertia.
Picture two global companies, each operating a range of different businesses. Company A allocates capital, talent, and research dollars consistently every year, making small changes but always following the same broad investment pattern. Company B continually evaluates the performance of business units, acquires and divests assets, and adjusts resource allocations based on each division's relative market opportunities. Over time, which company will be worth more?
MARCH 2012 • Stephen Hall, Dan Lovallo, and Reinier Musters
Source: Strategy Practice
McKinsey Quarterly is the business journal of McKinsey & Company.
Copy and paste in browser to read more ....
http://www.mckinseyquarterly.com/Strategy/Growth/How_to_put_your_money_where_your_strategy_is_2946
Purchase this Solution
Solution Summary
How to put money where your strategy is determined. Two global companies are provided for companies.
Solution Preview
How to put your money where your strategy is?
How to put your money where your strategy is?
Most companies allocate the same resources to the same business units year after year. That makes it difficult to realize strategic goals and undermines performance. Here's how to overcome inertia.
Picture two global companies, each operating a range of different businesses. Company A allocates capital, talent, and research dollars consistently every year, making small changes but always following the same broad investment pattern. Company B continually ...
Purchase this Solution
Free BrainMass Quizzes
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.