Business Strategy
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How is mobility disrupting your industry?

How is mobility disrupting your industry? | Business Strategy | Scoop.it
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F Pat's insight:
It took 22 years for the first 2 billion people to connect to the Internet. 

The next 2 billion users will come online within the next five years. 80% of these people will come from emerging markets. And potentially 95% of them will access the Internet with a mobile device.
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Ineffective Ways To Approach Strategy

 
F Pat's insight:
Instead of working to develop a winning strategy, many leaders tend to approach strategy in one of the following INEFFECTIVE ways:

1. They define strategy as a vision
Mission and vision statements are elements of strategy, but they aren't enough. They offer no guide to productive action and no explicit road map to the desired future. They don't include choices about what businesses to be in and not to be in. There's no focus on sustainable competitive advantage or the building blocks of value creation.

2. They define strategy as a plan
Plans and tactics are also elements of strategy, but they aren't enough either. A detailed plan that specifies what the firm will do (and when) does not imply [suggest] that the things it will do add up to sustainable competitive advantage.

3. They deny that long-, medium-term is possible
The world is changing so quickly, some leaders argue, that it's impossible to think about strategy in advance and that, instead, a firm should respond to new threats and opportunities as they emerge. Emergent [неожиданно появляющийся, внезапно всплывающий] strategy has become the battle cry of many technology firms and start-ups, which do indeed face a rapidly changing marketplace.
Unfortunately such an approach places a company in a reactive mode, making it easy prey for more-strategic rivals. Not only is strategy possible in times of tumultuous change, but it can be competitive advantage and a source of significant value creation. 

4. They define strategy as the optimization of the status quo
Many leaders try to optimize what they are already doing in their current business. This can create efficiency and drive some value. But it isn't strategy. The optimization of current practices does not address the very real possibility that the firm could be exhausting its assets and resources by optimizing the wrong activities, while more-strategic competitors pass it by. Optimization has a place in business, but it isn't strategy.

5. They define strategy as following best practices
Every industry has tools and practices that become widespread and generic. Some organizations define strategy as benchmarking against competition and then doing the same set of activities but more effectively. Sameness isn't strategy. It is a recipe for mediocrity [заурядность, бездарность].
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Cages: High Strength Steel | Chevrolet

Ten men. Two cages. One grizzly bear. Which cage will they choose? Learn more about the Silverado here
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Kuga / Escape


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Empty Although still manufactured in the US, and fitted with slightly different powertrains, the third generation Escape is fully aligned with the Kuga as per the "One Ford" plan of having only one vehicle per segment internationally. description
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What is the Monetary Policy Rate?

 
F Pat's insight:
Central bank sets the baseline interest rates every other interest rate adds on to. 

Its rates control the amount of money in circulation at any given time. 

Raise them and the money supply shrinks; lower them and it expands. 

"Tight" money slows economic activity down; "loose" money speeds it up. 

The decision to do either comes after careful deliberation about what monetary policy a central bank should pursue given prevailing economic conditions.
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Silverado Strong: Steel Bed Outperforms Aluminum Bed - 2016 Silverado | Chevrolet

We compared the roll-formed, high-strength steel bed of the Chevy Silverado to the aluminum bed of the Ford F-150. See how they held up. Learn more abou
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New Superhero: Almighty Aluminum Man - High Strength Steel | Chevrolet

What your superhero is made of matters. See what a group of passionate comic book fans have to say about The Almighty Aluminum Man. Learn more about th
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