Browsing Archive: March, 2009

Blue Ocean Business Model by Rod King

Posted by sarvajeetchandra on Saturday, March 28, 2009,
An interesting aside to the Blue Ocean strategy is the Blue Ocean Business Model developed by Rod King. Interesting to look at/explore
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Incentives could improve performance or could go horribly wrong

Posted by sarvajeetchandra on Monday, March 23, 2009, In : Strategy Implementation 

 

Incentives matter. Incentives includes all sorts of benefits economic and non-economic (some of which are often more powerful). One of the most powerful incentives, for instance, is social status.

If incentives are altered, then choices and subsequent behaviour of individuals change. It means that one way of driving change or creating desired outcomes for a new strategy is either to modify the incentives directly or else to alter the subjective evaluation of the payoffs and hence the c...


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Pitfalls of Ruthless & Thoughtless Goal Setting OR the flip side of setting Stretch Goals

Posted by sarvajeetchandra on Monday, March 2, 2009, In : strategy execution 

For decades, goal setting has been promoted as a halcyon pill for improving employee motivation and performance in organizations. Advocates of goal setting argue that for goals to be successful, they should be specific and challenging, and countless studies find that specific, challenging goals motivate performance far better than "do your best" exhortations. The authors of this article, however, argue that it is often these same characteristics of goals that cause them to "go wild." Key conc...


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Organized Retail in India Learns it the Hard Way

Posted by sarvajeetchandra on Monday, March 2, 2009,
Subhiksha's setback in organized retail highlights some of the critical failures in execution of a growth strategy.

1. Failure to understand and compete with Kirana or 'Mom and Pop' stores. The Kirana stores offer convenience, sophisticated CRM, credit  etc.  The model for retail stores is to co-exist with a Kirana store, and work out a model, or a 'role in customer's life'

2. Build scale at any cost. Subhikha's case shows how they went about a debt-driven growth and had a very low equity base ...
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