Ibm Institute for Business Value

IBM Institute for Business Value unified strategy for the new millennium By Saul J. Berman and Peter J. S. Korsten Corporate strategy for the new millennium content 1 Corporate strategy 1 The new merged strategy 2 Redesigning the playing field 7 prisonbreak away in rapidly changing markets 9 riding horse the vision 12 Developing strategies that create pry 14 A framework for strategy sevelopment 16 About the authors Corporate strategy Some perspective… Companies in industries around the existence ar in a scarper that gets more arduous every year, with bigger, stronger, and more innovative competitors. In addition, the rules of the race are constantly changing with the emergence of electronic business, globalization, disruptive technologies, diversity and convergence of industries. Competitors who have been in other races suddenly total your race with strength, technology, and new approaches to the market â€" often becoming sec leaders. Nonetheless, it is possible to lead in this race for long periods of while and to create significant value for shareholders and employees. To do this, companies need a strategy that sustains their strong position in the race, anticipates changes, and helps them continue to lead.

The rules of the race are simple: Competitive advantage is short-lived at onces militant advantage is tomorrows competitive requirement Companies without a competitive advantage should expect, at best, zipper return. The new corporate strategy It is possible to lead in this race for long periods of time and to create significant value for shareholders and employees. For a variety of reasons, many companies have underdeveloped strategies. sometimes an underdeveloped strategy is effective â€" a single spectacular idea can carry a business a long way, even without an explicitly stated strategy. Management cognizance and organizational willpower can substitute temporarily as well. However, with the pace of business today, industry leaders... If you want to get a full essay, order it on our website: Orderessay

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