Journal of Business Strategy articles from May 2005

Journal of Business Strategy archives from May 2005

Editor's note.
May 1, 2005... With its reputation for performance excellence, BMW might be the last organization one might think of in connection with "flop of the month." But, in a case study of rewarding creative error, Bernd Kriegesmann and his co-authors describe a...

The forgivable sin.(Alternative strategies)
May 1, 2005... In my last column I discussed the sometimes apparently self-destructive behavior demanded by Wall Street from firms, and how an "invisible hand" above and beyond the managerial suites of individual companies seems to be dictating more and more...

On the decision to reprice stock options: almost never.(Corporate governance)
May 1, 2005... Executive compensation has been the subject of animated debate for years. Critics remind us that in 1980, CEOs' compensation was 40 times that of the average worker; by 1990, that factor had increased to 80 times; more recently, the estimates...

Unlocking profitability in the complex company.(The growth agenda)
May 1, 2005... Companies today are under intense pressure to deliver growth. As internal functions mobilize to respond to this challenge, they may unwittingly make the business worse. The zeal to drive revenue growth can introduce a costly and unmanageable...

Strategy maps: a step-by-step guide to measuring, managing and communicating the plan.
May 1, 2005... The execution of a good strategy is usually given far less attention than the creation of that strategy. As Larry Bossidy puts it, "Execution is the great unaddressed issue in the business world today. Its absence is the single biggest obstacle...

Rethinking strategic marketing: achieving breakthrough results.
May 1, 2005... Competence in strategy is the sine qua non of the marketing manager. Yet even among well-schooled and experienced marketers, strategy failure rates remain uncomfortably high. There is little room for error in "getting it right" strategically in...

Are you at the top of your game? Checklist for effective leaders.
May 1, 2005... Yesterday's game plans, to use a favorite sports analogy, are no longer viable in today's competitive and ever-changing environment. With business and the economy shifting from an industrial to a service or knowledge-based economy, the fall of...

The intelligent clean room: ensuring value capture in mergers and acquisitions.
May 1, 2005... When Cingular Wireless and AT&T Wireless Services closed on their $41 billion merger in October 2004, the new entity hit the ground running. Training programs were launched, call centers were staffed with thousands of temporary customer service...

A new tool for strategy analysis: the opportunity model.
May 1, 2005... I was seldom able to see an opportunity until it had ceased to be one (Mark Twain). In their recent book on leadership and change, the authors report that for many businesses "the biggest obstacle to greater growth is getting employees...

Creative errors and heroic failures: capturing their innovative potential.
May 1, 2005... Enterprises under pressure to change: the daily routine and business as unusual Almost every publication in the management field suggests that the competence of functional specialists and managers constitutes a critical, even decisive,...

Consilio Manuque.(Clean Business Cuisine)(Book Review)
May 1, 2005... With this issue of Journal of Business Strategy we continue serializing one of the more amusing business books of recent times, even though it is about ancient times. Our thanks to authors Michael Mainelli and Ian Harris for providing this...