Latest posts
How to Spot the Next Technology Breakthrough
The three factors that can predict which B2C and B2B technologies are about to take off.
A Simple Guide to Charting the Evolution of an Ecosystem
Capture key changes and pivots with a timeline.
What Makes Business Ecosystems Succeed?
Our framework guides you through the forces driving Airbnb and other ecosystem-based businesses.
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The Five Essential Roles of Corporate Ecosystems
Most firms that try to build an ecosystem would be better off joining an existing one. The first step is for them to know where they would fit.
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Don’t Confuse Platforms with Ecosystems
A beginners’ guide to high-value business models.
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The New Business Models (and Jobs) in Blockchain
From finance to smart cities, distributed ledger technology is beginning to deliver on its vaunted potential in several key sectors.
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Rising to the Challenges of COVID-19 Recovery
Which companies and industries seem to be getting it right, and which are floundering?
Boards Under the Influence
Directors need to carefully manage their reactions to what they read in the business press.
Blockchain Is a Technology for Collaboration
The unique strength of blockchain is authenticating “stuff” to enable trust between partners.
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The Real Business Case for Quantum Computing
Disregard the alarmist headlines: Quantum computers won’t end privacy online. In fact, their most revolutionary impact may be felt offline.
Managing the Paradoxes of Coopetition
The challenging tensions of coopetition require leaders who can cope with ambivalence and uncertainty.
Two Characteristics of Digital World Conquerors
Why some digital businesses easily take the world by storm, and others get lost in translation.
The Technologies Senior Leaders Plan to Deploy in the Coming Years
Cloud computing is expected to take a back seat to AI, big data analytics and blockchain.
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Data Security for the Internet of Things
Machine-to-machine transactions entail risks as well as an opportunity to create a digital blue ocean.
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Governance Needed for Initial Coin Offerings
Traditional board-like governance can provide credibility for companies raising capital via ICOs.
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The Other Way to Make Money Out of Bitcoin
The best strategy to piggyback on a new ecosystem may be to build a complementary product or service.
Digitally Enabling Customer Loyalty
Empowering the front lines with digital tools enables organisations to capture the hearts of diverse consumer groups.
When Losing Employees Boosts Innovation
The benefits of losing talent may often outweigh the costs.
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Forming Corporate Alliances That Get Results
Four principles that describe how well-chosen and well-managed alliances boost financial performance.
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The Mixed Results of Motivational Rankings
Rankings designed to shame companies into changing their behaviour often accomplish just the opposite.
Yves Carcelle: Man of Passion
The charismatic leader credited with turning Louis Vuitton into a global fashion powerhouse in his 23 years at the helm, passed away on Sunday August 31, 2014.
When to Partner and When to Acquire, Louis Vuitton Style
Controlling almost all distribution turned Louis Vuitton into a globally competitive force.
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How to Get More Out of Your Network Alliances
Business networks are not just about cutting costs. New strategy frameworks show how you can create value by combining ideas, resources or market access across different partners.
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“How many cups of coffee does it take to close a deal in the Middle East?”
Investing in long-term liaisons is key to forging successful business relationships in the Arab Gulf.
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Can Your Alliance Network Lift a Stealth Bomber Off the Ground?
Why the first stealth bomber never took off, but the second one did.
Cheat-Proof Your Partnerships
Even trusted partners can sometimes turn on you, as demonstrated in a recent case from New York’s diamond trade.
Is Losing Talent Always Bad? Management Lessons from Prada
The recent departure of Marc Jacobs from Louis Vuitton might seem like terrible news for the company. But if you look a little more closely at the fashion industry you’ll find that turning over your talent isn’t always a bad thing.
Samsung Beats Blackberry in the Global Alliance Game
To the investors of Research in Motion (RIM), the maker of Blackberry, the recent years have been really disappointing. It lost the fight to Apple and Samsung. There may be several explanations to this failure, but one which particularly stands out is the failure of RIM to build a strong alliance network. Alliances and partnerships are the sources of “network advantage”–the ability to improve operating efficiency and increase product innovation by combining resources and knowledge with partners.
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The impact of social media on industry structure
In the previous post, I discussed some results of a survey where we asked about how companies can use social media to achieve competitive advantage.
In that survey, Prof. Quy Huy and I, also asked participants to tell us how the structure of their industries was affected by the introduction of social media tools.
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How to Make Your Company More Creative? Hire a Senior Executive Who Worked Abroad
Creativity is an important driver of competitive advantage for companies. One way your company can be more creative is to hire executives who worked abroad. These people are likely to offer non traditional solutions to your problems.
What can Sony and Apple learn from the British MP Expense Scandal
My friend and co-author Henrich Greve recently made a blog post regarding the advantages of high status. He was wondering why every little bit of news about Sony or Apple made big waves in the media space and his conclusion was that this happened because both were high status companies.
How a Scandinavian Firm can teach The World on how to use Social Media inside their Organizations
When we discuss about European competitiveness, there is often gloom and doom thinking about European non-competitiveness. We believe that such thinking conveys an over-pessimistic picture of Europe’s competences in many aspects of business. In this short text, we want to focus on European managerial competence and to underscore that there are executives in Europe who are exceptionally good at managing both the hard and the soft aspects of management to achieve competitive advantage.
Use Social Media to Develop Emotional Capital with Your Employees
Many organizations have started using social media tools internally to interact with their employees. However, the majority of companies have either stayed away from using these tools or failed to see satisfactory results. In fact, in our survey of 1060 global executives, only 30% said that they work for companies that benefited from the internal use of social media.
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Benefit from the networks of your lost employees
Is losing employees bad for your firm? An intuitive answer would be a straight “yes” because by losing employees, your organisation seemingly loses not only its human capital (i.e. their skills and tacit knowledge accumulated over the years) but also its social capital (i.e. all the internal and external connections your employees have made over their career inside your firm). In other words, conventional wisdom suggests that by losing employees, companies lose both brains and address books. This idea is out of date.
Social media improves internal communication!
This is the final instalment of the presentation of our survey results on the impact of social media on the competitive advantage of organizations.
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