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A version of this article appeared in the Spring 2019 issue of strategy+business.. Almost 20 years ago in a strategy+business article, my father, C.K. Prahalad, and his colleague Stuart L. Hart ...
In 2018, golfer Francesco Molinari applied a similar approach on the greens. He focused on putting in pressure situations with a new coach in the run-up to the British Open, golf’s oldest and arguably ...
What’s more, various studies point to a meaningful price premium for sustainable goods. In a survey of some 20,000 consumers by PwC in 2024, respondents said they’re willing to pay 9.7% above average ...
Almost every business today faces major strategic challenges. The path to creating value is seldom clear. In an ongoing global survey of senior executives conducted by Strategy&, PwC’s strategy ...
Disruption and the breadth of the value creation ecosystem are, in fact, connected. In recent months, as supply chains have faltered, channels to market have evolved, and companies’ roles in caring ...
But as companies move toward democratization, a cautionary tale is emerging. Even the most sophisticated AI systems, designed by highly qualified engineers, can fall victim to bias and can be ...
The trouble with sustainability-related data. Financial data is familiar, and the processes for managing it are well understood. When an invoice comes in, it gets scanned into a system, checked ...
The strategy+business Collection: Don’t Blame Your Culture. This article is featured in the strategy+business app “Don’t Blame Your Culture,” available for smartphone and tablet devices. The app pulls ...
There were significant differences of opinion, but after an intense discussion, the leadership team came to a consensus. The inclusive nature of the discussion, the use of a different kind of ...
A version of this article appeared in the Summer 2020 issue of strategy+business. Uncertainty is like the weather. It’s always there, part of the atmosphere, and a condition over which individuals and ...
The leadership team was shocked with the feedback but recognized that the business reviews and town halls emphasized quarterly financials. “We’ve failed to role model how to orient the company toward ...
The goal should be to master the connectivity between strategy and culture. They both should be anchored by capabilities—the “key activities in which you must invest disproportionately and perform ...
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