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The Best Companies Know How to Balance Strategy and Purpose

Harvard Business

Before the iPhone was introduced, in 2007, Nokia was the dominant mobile phone maker with a clearly stated purpose — “Connecting people” — and an aggressive strategy for sustaining market dominance. Nokia was so immersed in executing its strategy that it lost sight of its purpose. Insight Center.

Strategy 134
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Research: Shifting the Power Balance with an Abusive Boss

Harvard Business

But our research , forthcoming in the Academy of Management Journal , suggests a third option: Targets of abuse can flip the script, shifting the balance of power in their favor when bosses make life miserable. Subordinates can change the power dynamics by engaging in two types of power-balancing operations.

Research 176
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5 essential tips to enhance your influence skills

Halo Psych

then we can be smart and intentional about the strategies we use to influence. They take a helping, co-operative stance in the dialogue. Most of us operate at levels 1 to 2, with some at level 3, very few at level 4. These 3% are known as ‘super connectors’ and they are a vital part of YOUR influence strategy.

Journal 64
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4 Ways to Develop Practical Business Understanding for Consulting

Management Consulted

Which leads to our second point — although what you learn will be on a smaller scale than what the Fortune 500 would do (you’ll use less data, involve fewer people, and have much less at stake), you will start developing the ability to see what really matters (and what doesn’t) to the CEO of a company — profits, operations, etc.

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Rule of Thumb #2: Use Behavioral Lenses to Innovate and Adapt to Changes

Steve Shu Consulting

There will be some players that will be way more agile than others and able to capitalize on both important behavioral implications and operational tactics. ” The Quarterly Journal of Economics 124, no. But this discussion isn’t limited to Secure Act 2.0…. See Shu et al. References: Carroll, Gabriel D., 4 (2009): 1639-1674.

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Tronc’s Data Delusion

Harvard Business

While technology can certainly improve operational performance, the idea that it can replace a sound strategy is a dangerous delusion. Tronc bills their new strategy as “the future of journalism,” but if anything it their shiny new digital strategy seems mired in the recent past. The Downside of Data.

Data 109
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Transitioning from Management Consulting to Corporate Strategy/M&A – the Interview Process

Tom Spencer

As a result, many consultants shift to industry and join the client’s side so that they can not only offer solutions but also take more ownership to formulate, execute, and implement a strategy from start to finish. BizOps / Strategy & Operations at tech firms. Corporate Strategy. What is corporate strategy?