podcast
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
Resources
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