Key strategy readings – strategic decisions, business models, 5 forces, ….
Maybe you are a CIO trying to get to grips with strategy and how you should be influencing your own organisation’s strategic thinking. Perhaps you are a young, ambitious engineer with their first general management role. Possibly you are a CEO facing challenging times who needs to take time out to seriously reflect about the direction of their business. Or you could even be a seasoned strategy consultant who wants to recall the basics (and that is not a bad idea in this age of fast change and complexity).
Whatever category you fit into, skim through these Harvard Business Review Classics and stimulate your thinking about your business. Each article has a summary of the concept, the article itself and some suggested further reading. Below the image of the contents is a click-able link that takes you to a pdf with the set of articles. (Note clicking on the contents themselves only gives you a larger picture of the image).
At the moment, we at Genesis are finding ourselves in a number of conversations about business models – are they still valid? do we need to tweak our model? are we becoming outdated? can we use new tools and technologies to reinvent ourselves?
We would be delighted to have a conversation with you about your organisation and help you to DECIDE if, and how, you should be reviewing your business model – by using our own set of tools together with our expert Associates from a range of industries and disciplines.
Drop me a line at firstname.lastname@example.org and lets start a dialogue.
Business models – rock your world
You all know that the next one of the 7 habits series is due out soon and you all know it is about the power of visualisation in decision making. Well, for something to tantalise your imagination while waiting … think about the power of visualisation when it comes to developing business models.
That may be defining, reviewing or refining your own. Or it may be a paradigm smashing, industry-disrupting model that is going to make Mark Zuckerberg say “WTF” (that may be rude, but those would be his exact words).
Well here are two neat resources to get you thinking:
A slideshare presentation that describes the top 10 business models of 2010 with an interesting way of portraying it:
Top 10 Business Models
A web-site discussing a book and a concept called Business Model Generation. It is obviously a promotion of the book but has plenty of interesting material that is useful in its own right including a 72 page preview
Business Model Generation
(And a quick acknowledgement to Xenia Viladas from XVDMC for directing me to Business Model Generation).
If you would like to discuss how we can help you make a decision on your business model (existing or new), drop me an email at email@example.com or give me a call.
Data visualisation – demonstration of how well it can work.
In 2011, Channel 4 in the UK had a survey conducted asking 1000 Britons about their sexual preferences. The study output was put into a fascinating interactive chart allowing the viewer to graphically see the answers to all the questions, filter certain segments (for instance what proportion of iPhone users prefer which position) and even drill down to the answers of individuals (fortunately un-named).
The results are public domain knowledge but I understand that a few (probably very few) of my readers may find this a a little distasteful – and to them I apologise and recommend you do not click the link to the graphic. However, for two reasons I decided I would publish this:
1. Many people will be interested in the data visualisation tool and fascinated by how easy it is to drill down into the data and quickly see trends and patterns – and many will find the topic an entertaining way of educating themselves. The link to using such analytics as a way of informing one’s decisions should also be obvious.
2. I am shamelessly conducting a social media experiment to see if the topic attracts more people to our blog-site than our more classical blog topics around strategic decision making and decision support. I hope that those of you who are first time visitors to this site will also use the opportunity to view some of our other articles, links to free software and may even pay a visit to our decision shop.
Click below to see the interactive graphic.