Almost every time I teach the basic concepts of strategy — the five forces framework or the principles of competitive advantage — I get the same question. “These ideas are more than 30 years old,” ...
The cards, the cash, the cocktails. As a game, blackjack just looks cool in the casino. In movies from “Rain Man” to “21” to “Vegas Vacation,” Blackjack plays a major role and is one of those iconic ...
The classical definition of strategy, as it was coined by Alfred Chandler in 1962, is that “strategy is the determination of the basic long-term goals of an enterprise, and the adoption of courses of ...
A core challenge in reading some of the strategy papers is that the authors tend to imply that their ideas — as basic as case management, cost accounting and integrated delivery systems — have been ...
Here’s What You Need to Know: The masters of strategy agree: let’s get back to basics. The congressionally-chartered National Defense Strategy Commission set tongues a-wagging in November 2018 by ...