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In 1956 Chairman Mao declared a new openness in the Chinese Communist Party. He echoed the Soviet Party’s criticisms of Stalin and declared “Let a hundred flowers bloom.” It wasn’t long before criticism arrived. Wall-posters and speakers began to complain about the Party’s…
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In economic theory, companies compete and copy one another's methods, producing rough equality of efficiencies. However, firms in the same industry can differ significantly in their efficiencies and profitability in the real world. Much of strategy research is aimed at…
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In 1973 I was a young man living in Iran, on leave from my first faculty position at Harvard Business School, helping to start a new business school in Tehran—the Iran Center for Management Studies (ICMS). While there I spent an afternoon with Richard Helms. He had been one of…
What really happened . . .
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Why piecemeal change can make things worse . . .
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“Management,” says the speaker “is about people.” He pauses, slowly surveying the roomful of executives, and then continues. “It is about getting the…
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In Only the Paranoid Survive, one of the best books on business strategy ever written, Intel CEO Andy Grove defined an inflection point as “a time in…
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The Strategeion

Articles, notes, arguments, and ruminations about strategy issues of the day and previous days.
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