Side effect clear vision for the future of our core

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Unformatted text preview: n and focus leads to… Driver Consequence Toxic side-effect •Clear vision for the future of our core business •Considering everything outside the core as nonrelevant •Sustained effort at maximally leveraging our core business •Framing everything in the light of the core business •Tight focus on continuous improvement •Short term internal orientation •Strategic myopia •Leadership position in everything we do •Reluctance to open collaboration and experimentation •Dominance mindset •High action orientation and self-confidence •Action hero syndrome, no time and interest for alternatives •Tunnel vision •Tyranny of the core business •Snap judgment and intellectual laziness © Yves Doz and Mikko Kosonen, Fast Strategy, Wharton School Publishing, 2007 Single-minded attention to High Efficiency leads to… Driver Consequence Toxic side-effect •Strong business units with sufficient autonomy as they grow •Core business managers ‘sitting on their resources’ •Resource imprisonment •Highly efficient business systems and processes •Increasingly differentiated and specialized (‘fit for purpose’) activity systems •Activity system rigidification •Deep collaborative relationships with key customers and partners •Customer & partner ‘lock in’ and decreasing strategic freedom •Ties that Bind •Learning by doing and building on experience •Forgiven and hidden misbehavior and shortcomings •Management mediocrity and competence...
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This note was uploaded on 02/10/2013 for the course ECON 101 taught by Professor Faisal during the Spring '13 term at Université Catholique de Louvain.

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