Our Strategy Lab translates business ideas that offer real impact by capturing, developing, and applying cutting edge thinking from within and beyond business.
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LEARN MORECreative destruction — where the old replaces the new — is inevitable in any industry, it’s only a matter of when. Few companies make the transition.
The assumption that business and politics can and even should be kept separate is no longer realistic.
"In this world of data and digital ecosystems, your competitors aren't just those who offer similar products. Your competitors can also be those who have access to similar data."
Listen to Roger L. Martin, Professor Emeritus at the University of Toronto, Rita McGrath, Professor of Strategy at Columbia Business School, and Martin Reeves as they debate the nature of competitive advantage.
Unlike humans, companies have no natural lifespans. Even so, they are subject to an unrelenting process of decline - accumulating excessive bureaucracy and becoming increasingly ineffective at adapting to their environments as they age.
"If we can frame uncertainty in terms of possibility, rather than potential loss, we will approach it with greater calm, resilience, and courage."
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