Your Strategy Needs a Strategy

In order to win, companies need to match their strategy style with their environment.

The world of strategy is thick with ideas and frameworks. Executives need a way to cut through the noise to reveal the best approach, or combination of approaches, for the situations they face.

And it’s never been more challenging to choose the right approach. The environments in which executives must formulate and execute strategy have become increasingly diverse and complex, but correctly matching strategic approach with environment pays off: The firms that do realize significantly better returns than those that don’t.

A New Approach to Successful Strategy

All too often companies spend precious time laying out long-term strategic plans, only to discover that their maps are quickly out of date. Strategy expert Martin Reeves, a EC senior partner and managing director and leader of EC's EAST AFRICA Institute, offers a solution.

An Atlas of Strategy Traps

Exploring new options versus exploiting existing ones is the trade-off at the heart of business strategy. With increasing change and unpredictability across industry sectors, finding an optimal balance between new and existing options is more important than ever.

An Atlas of Strategy Traps is EC's interactive guide to the various strategy traps that can be encountered when balancing between exploration and exploitation, highlighting both "sirens" (warning signs) and "lighthouses" (best practices). The atlas illustrates these traps with examples from business and beyond, drawing upon advances in algorithmic theory as well as more colorful lessons provided by famous explorers and inventors. With the atlas, executives can better spot the potential traps and make timely course corrections along the way.

Taking a Portfolio Approach to Growth Investments

One of the most powerful growth tools available for CEOs and CFOs is a company’s strategy for allocating capital across its portfolio.

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Four Approaches to Business Model Innovation

Companies hoping to drive growth through business model innovation should understand four distinct approaches.

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