Tag Archives: business

The Big Lies of Strategy (Rotman Management, Fall 2018)

“The first thing to keep in mind about strategy is that it is not all that complex. You should keep it simple and always remember that, put simply, strategy is about choices. After years of working closely with leaders of large corporations, I have come to the conclusion that strategy is actually about a set of five choices that must be made:

1. What is our winning aspiration?
2. Where will we play?
3. How will we win?
4. What capabilities must be in place?
5. What management systems are required?

The very core of any strategy is the world of question #3 — the ‘how to win’ choices: Where are you going to place yourself on the playing field, and how are you going to win there? Answering that question is the hardest part of strategy.”

– Roger L. Martin

Read the full article in the September 2018 issue of Rotman Management.

Photo Cred: Rotman Management. Magazine (September 2018)

The Age of With: Exploring The Future of Artificial Intelligence – Deloitte Analytics

“What idea links machines and people? The common answer is versus. But the true role of analytics and AI along with other tools is collaborative. The future of artificial intelligence is a future of human potential: people with machines, doing more than either could alone. Welcome to the Age of With™.”

Read more on Deloitte.

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Photo Cred: Deloitte

When You Have No Idea What Happens Next – Morgan Housel (Collaborative Fund)

“We’ve learned this year that assumptions you have about the future can be destroyed overnight. That’s true for the poorest to the most successful, the old dry cleaner to the tech startup. It was true in January, and it’ll be true again in the future. Things change.

If that’s the lesson, the question is: what do you do about it? How do you think about a world where fundamental assumptions about the future are so fragile?” – Morgan Housel

Read more on Collaborative Fund.

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Photo Cred: Collaborative Fund