I teach Strategic Management
I work with 400+ students every semester. We read 10+ cases, watch CNBC videos, read the Wall Street Journal, use Finviz, research with S&P industry surveys, grok the DuPont formula, question the validity of RBV, try to Cross the Chasm, move between red and blue oceans, evaluate trade-offs, and ultimately, look for economic moats to sustain competitive advantage. We play to win by constantly asking What is Strategy?
A client recently told me this quote, which I think is both thoughtful and very fitting for us consultants:
“I would not give a fig for the simplicity this side of complexity, but I would give my life for the simplicity on the other side of complexity.” – Sir Oliver Wendell Holmes Jr
Frameworks help
They help to organize your thoughts. Put messy data into buckets. Simplify, simplify. simplify. Take a look at some of the key concepts that we cover in this strategy class. What else are we missing?
