Dec 3, 2025 · Find new ideas and classic advice for global leaders from the world's best business and management experts.

Strategy at many companies is almost completely disconnected from execution. Establishing a dedicated unit to orchestrate both will help to bridge the divide.

The authors outline a strategy-making process that combines rigor and creativity. A team begins by formulating options, or possibilities, and asks what must be true for each to succeed.

Mar 31, 2015 · It is striking how much confusion there is between strategy, implementation, and execution. Is “strategy” a matter of making choices about where we want to go, where we play …

Nov 26, 2025 · A Strategic Approach for Meeting Customer Demand as Quickly as Possible Strategy formulation Digital Article Kaihan Krippendorff and Robert C. Wolcott

The essence of strategy formulation is coping with competition. Yet it is easy to view competition too narrowly and too pessimistically. While one sometimes hears executives complaining to the ...

In the traditional strategic-planning model, managers attempt to forecast how markets will evolve and competitors will respond, and then define a multiyear plan to position their company to win …

Apr 1, 1991 · This article argues that internal resources rather than the market environment should provide the foundations for a firm's strategy. On the basis of an analysis of the …

Jul 28, 2025 · Over the past several decades, HBR has published numerous articles about how best to develop strategy. This glossary contains descriptions of more than 40 of them, from A …

Aug 27, 2024 · Few companies have a clear idea of where strategy making ends and execution begins. As a result they develop strategic plans where they’re not required and fail to develop …