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Practical Strategy

Helping to demystify strategic management theory and practice for students and practitioners alike.

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Most recent stories in Practical Strategy

  • http://www.flickr.com/photos/97596668@N02/9062999356/

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  • http://www.flickr.com/photos/97596668@N02/9132261958/lightbox/

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  • CHAPTER: VISION, MISSION AND GOALS http://www.flickr.com/photos/97596668@N02/9132500054/lightbox/

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  • An example of a company that sticks to a differentiation strategy. Their point of differentiation is "quality". For an overview of Porter's generic strategies: http://en.wikipedia.org/wiki/Porter's_generic_strategies

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    Apple Loop: Cook Unveils Mission Statement, iOS 7 Gets Colorful, New iPhone In The Fall

    Apple Loop: Cook Unveils Mission Statement, iOS 7 Gets Colorful, New iPhone In The Fall

    Keeping you in the loop about some of the things that happened around Applethis week. Designed by Apple in Cupertino. For those of us who attended the Worldwide Developers Conference earlier this week, it wasn’t the new operating systems, updated MacBook Air or Mac Pro preview that stood out. It was …

  • This short article provides a sense of why it is important to have vision and mission statements. It's more than just corporate promotion, a clearly defined vision and mission statement(s) can help an organisation to achieve superior performance. Question: how many vision and mission statements can you remember? What is the difference between these and the phrases organisations use to promote themselves?

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    Mission and Vision Statements

    Mission and Vision Statements

    A Mission Statement defines the company’s business, its objectives and its approach to reach those objectives. A Vision Statement describes the …

  • How often has there been significant, discontinuous change? What would you do if you could see it coming? This short video of a new movie called "Out of Print" looks at the future of books. When you watch this video, can you see the entrenched positions of the advocates for e-books vs. the interests represented by traditional publishing? As a strategist, who would you put your money on, and why?

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    Out Of Print

    narrated by Meryl Streep, draws us into the topsy-turvy world of words, illuminating the turbulent and exciting journey from the book through the …

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