Nicki Christensen

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Episode 16: Melbourne Business School Day 1 Part 2 – RETHINKING STRATEGY


In this episode of the Business Bits, Nicki talked about the second part of day 1 in Melbourne Business School. It was hosted by Vivek Chaudhri, a business consultant, educator, and researcher. His talk primarily focused on reinventing and rethinking strategy, so enjoy!

Topics Discussed:

  • The main takeaways from Vivek’s talk
  • The S-curve
  • On finding what you are looking for and not always believing the numbers
  • The idea of being constrained by the path you’ve walked in
  • Key considerations and issues when setting strategies
  • The strategy to storm the hill
  • Tangible and intangible assets
  • Human capital
  • Non-tradable assets
  • The notion of big innovation
  • Ambidextrous organisation
  • VUCA (volatility, uncertainty, complexity, and ambiguity)
  • Allocentric views
  • Rationality
  • The winner’s curse
  • The dangers of benchmarking
  • Failing by design
  • Placing big bets

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