Thursday Edition
"Unlike typical big companies, News Corp. isn't known for crafting and pursuing detailed, long-term business strategies. Instead, Mr. Murdoch follows his instincts, grabbing opportunities when they arise and sometimes giving them up just as quickly." (Wall Street Journal, 01 August 2007)
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Comments
Long live pragmatism. 'Strategy' is dead. My daily business (and life) 'strategic' plan is to have as many new and diverse opportunities as I can create each day and to always say 'yes.' I think ‘Strategic planners’ should carry on with their ‘planning’ while the rest of us just get on and do things, make glorious cock-ups, fail regularly and then try again.
Posted by Trevor Gay at August 3, 2007 4:47 AM
Ah, Trevor, strategy is not dead by a long shot. It lives on in business schools where it is exalted over almost everything else, including leading people.
Posted by Wally Bock at August 3, 2007 11:15 AM
Yeah, doing things is being pre-emptive and by the time planners get done, you've already rolled out the best product or service. Oops nothing as good, like expert writers will always tell someone whos just beginning to write - just punch the keys and type.
Posted by Tayo gbenro at August 3, 2007 12:32 PM
Wally - I live in hope :-)
Tayo - love it - that how all the best books are written :-)
A while ago I picked up a Michael Porter (strategy Guru) book ‘Re-defining Healthcare: creating value based competition on results’ - It is getting some attention over here in the National Health Service. I read a three page review and frankly I don’t even understand the review!
And that is after my 35 year career in the NHS - So I certainly don't think I'll be paying for a 500 page tome.
Posted by Trevor Gay at August 3, 2007 3:02 PM