Running a business without strategy is like driving your car without a clear destination and map to get there. It is both confusing and inefficient. Business isn’t something you make up as you go along. The leader needs ensure he/she is well informed about external industry dynamics and the needed related internal capabilities. The best leaders anticipate, then create the future using a well-informed strategy to make it happen. They also ensure everyone in the organization is clear about this direction and why it’s important.
Thomas Gryta and Ted Mann
Lights Out: Pride, Delusion, and the Fall of General Electric
Since its founding in 1963, BCG has become known for its analytical approach to problem-solving, as well as the emphasis it places on the exploration and development of new business ideas and pursuits. Notably, BCG’s founder, Bruce D. Henderson pioneered the field of corporate strategy and developed concepts like the Experience Curve and the Growth-Share Matrix. Many of Bruce’s publications are now considered classics of strategy thinking and serve as an integral part of many MBA curriculums. At the BCG Henderson Institute, our goal is to carry on Bruce’s legacy of pushing new thinking in business strategy, competitive advantage,
Professional development resource/community for leaders looking to scale their business.
Gain actionable skills and insights through free, interactive, online business lessons from leading Harvard Business School faculty and industry experts.
Resource dedicated to business model analysis that also provides downloadable tools
Nano Tools for Leaders® are fast, effective leadership tools that you can learn and start using in less than 15 minutes — with the potential to significantly impact your success as a leader and the engagement and productivity of the people you lead.
For over 25 years, Mind Tools has been helping people enjoy happy, successful careers with a one-stop learning hub: the Mind Tools Club. Our goals have stood unwavering for a quarter-century: build a dedicated subscription channel to replace multiple searches across countless resources, and deliver a complete toolkit of resources for professional and personal development.
Ed’s books on Leadership, Life and Business will elevate your knowledge and give you the confidence to apply it to your personal and professional life.
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