Purpose – Previous Reaching for value columns, have looked at companies and industries in historical terms. (How did smart companies use strategic market positioning (SMP) to make acquisitions and other investments? How did less smart companies pick the wrong growth path?) This column aims to...

Purpose – The purpose of this paper is to discuss how many successful businesses become trapped by the history of success with their existing business models and find it very difficult to acknowledge new threats to their businesses. The article includes examples from the automotive, aerospace...

Purpose – Many great strategies fail to deliver any value for the simple reason that they never get implemented. This article discusses some of the barriers to organizational change and proposes six tactics that can help organizations get from an unimplemented strategy to an implemented one....