This case of a Weyerhaeuser business unit’s use of the military’s methodologies provides an example for businesses that are faced with a daunting challenge to develop and execute strategies in a complex, rapidly changing business environment, when timely implementation is an important key to...

This article urges executives to expand their view of risk. Instead of just defending against bad risk events, leading companies define and anticipate the upside risks that, when well managed, can deliver the maximum rewards. The discipline of strategic risk management allows firms to raise...

Purpose – The authors posit that most organizations lack sufficient capacity to detect, interpret and act on the critically important but weak and ambiguous signals of fresh threats or new opportunities that emerge on the periphery of their usual business environment. They suggest how...

Purpose – As the tide of recession recedes, CEOs should consider potential changes in the business environment, make a list of emerging threats and review how firms in other industries have successfully employed new innovation concepts in response. this paper aims to address this issue....

Purpose – The aim of this paper is to offer practitioners the outline of a unique system to facilitate organizational renewal. Design/methodology/approach – The authors are veteran practitioners who have observed and studied best practices in a variety of corporate and governmental settings...