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PHOTO: OLI SCARFF / GETTY IMAGES Hello, and welcome back to our Five-Part Article Series on the warning signals of a Failing Organization. In this edition (Part III), we take a look at Warning Signal #3 – Denial of Risk and Failure to Confront Brutal Facts. Here, Organizations and leaders become blind to the impending…
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THE UNDISCIPLINED PURSUIT FOR GROWTH AND EXPANSION Why do Organizations fail? To be honest, we have no outright answer to this tricky question because the reasons are numerous. Some experts argue that corporate demise is due to actions or inactions of top management. Others put the emphasis on an Organization’s structures, processes and business models…
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The most important characteristics of blue ocean strategy is a new way of solving users’ pains, which means creating the solution no one expected to exist, but that everyone needed. This is called value innovation.“The best way to beat the competition is to stop trying to beat the competition” - Chan Kim and Renée Mauborgne
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