Strategy

Featured Strategy Articles

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Strategy For and With AI

AI can help you choose, measure, and prioritize the KPIs informing your strategy.

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The World in 2030: Nine Megatrends to Watch

Nine fast-moving megatrends are shaping where our world will be in 11 years.

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How to Lead Effective Cross-Functional Teams

Three key steps help make cross-functional digital collaboration a smoother proposition.

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Strategic Leadership

How to Become a Strategic Leader

May 6, 2019 | Julie Zhuo

For managers, it can be easy to fall into the trap of assuming that simply engaging in high-level product and business discussion is “being strategic.” But with this approach, leaders may be neglecting the core problems their organizations need to address most. By investing more time in three key activities, new and experienced managers alike can become better strategic leaders.

Changing Up Your Strategy

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Finding What Works

A Structured Approach to Strategic Decisions

Many decisions about strategy require that senior executives make evaluative judgments on the basis of extensive, complex information. Such work is prone to common errors, but a disciplined, sequential approach can mitigate those errors and improve the quality of both one-off and recurrent decisions in an array of business domains. The process described in this article is easy to learn, involves little additional work, and (within limits) leaves room for intuition.

Why Best Practices Often Fall Short

Many executives take the value of best practices as a given. We have an abiding faith in the idea that the most direct route to improved performance is to study what successful firms do and copy them. In reality, that is quite rarely the case.

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Addressing Gender Equity

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Make Gender Equality a Value, Not a Priority

To make gender equality a reality, organizations need to look at values, not priorities.

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Using Artificial Intelligence to Promote Diversity

Frontiers |

What if, instead of perpetuating harmful biases, AI helped us overcome them?

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Why the Influence of Women on Boards Still Lags

The number of women on corporate boards has risen substantially over the past decade, but the growth rate is slowing. Why?

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How to Lead the Charge With Gender Balance

Research abounds on the complex challenges women face in the modern corporate landscape.

Five Key Elements of Problem-Centric Selling

The traditional method for selling — typically framed around asking the customers’ needs — is not enough. Why? Because often customers don’t recognize their core problem. To increase sales, managers should direct their teams on taking a problem-centric approach.

Boards & Governance

It Pays to Have a Digitally Savvy Board

Companies whose boards of directors have digital savvy outperform companies whose boards lack it: Among companies with over $1 billion of revenues, 24% had digitally savvy boards, and those businesses significantly outperformed others on key metrics such as revenue growth, ROA, and market cap growth. Companies can improve their boards by knowing what characteristics to look for in existing and new board members, managing board agendas differently, and cultivating new learning opportunities.

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Questions of strategy are universal, and managers tackle a range of topics that are central to how their organizations can compete in today’s fast-moving business landscape. The MIT SMR Strategy Forum offers a monthly glimpse into the minds of academic experts on pressing strategy issues related to business, management, technology, and public policy. View the Strategy Forum archive for more responses.

Follow the conversation on Twitter with #ExpertsOnStrategy and submit your own questions to the panel.

The Strategic Agility Project

The Strategic Agility series from MIT Sloan Management Review draws on evidence and data analytics to answer a fundamental question: How can organizations achieve their strategic objectives? The series features the research of MIT Sloan School of Management’s Donald Sull and his team of researchers and data scientists. It draws on, among other sources, over 4 million Glassdoor employee reviews that provide insight on organizational culture and management practices of a large sample of important organizations.

Follow the conversation on Twitter with #StrategicAgility or sign up for email updates on this series.