By Ralph Welborn
Knowing the possibilities and risks of innovation via intercompany collaboration
The Jericho precept identifies key tendencies and styles within the expanding use of collaboration by means of companies and creates a strategic and operational framework for answering key questions on the why and the way of utilizing collaboration to swiftly create innovation in doubtful occasions. company and know-how strategists from Bearing aspect Consulting, previously KPMG, supply versions and diagnostics that holiday down a few of the collaborative versions available on the market, to provide managers the instruments and realizing they should speedy and successfully release the strategic partnerships and alliances that would force innovation and cost construction. utilizing case stories, purchaser tales, and learn, the authors supply the reader a transparent view of the promise and peril of collaboration, revealing what works and what doesn't.
Ralph Welborn (Westwood, MA), Senior vice chairman, and Vincent Kasten (Fanwood, NJ), dealing with Director, are senior company and expertise strategists with Bearing element Consulting, one of many world's major administration consulting and platforms integration businesses.
Read Online or Download The Jericho Principle: How Companies Use Strategic Collaboration to Find New Sources of Value PDF
Best systems & planning books
Whereas a number of fantastic texts on intelligence were released over the last decade, there isn't any complementary set of volumes that addresses the topic in a entire demeanour for the final reader. This significant set explains how the 16 significant U. S. intelligence businesses function, how they acquire info from all over the world, the issues they face in supplying extra perception into this uncooked info during the concepts of research, and the problems that accompany the dissemination of intelligence to policymakers in a well timed demeanour.
[BACK conceal] observe THE profitable MIND-SETS of utmost activities ATHLETE-EXECUTIVES Skateboarding legend Tony Hawk jump-starts the world's most popular skateboard corporation with businessman/skateboarder in keeping with Welinder, who lately offered his percentage of the corporate again to peddle to target his thriving garments line.
The ornamental dustjacket is in virtually ideal situation. e-book is just too apart from the pinnacle corners of some pages that obtained folded down. /lh
- Quintessenz des strategischen Managements: Was Sie wirklich wissen müssen, um im Wettbewerb zu überleben (Quintessenz-Reihe) (German Edition)
- Exploring Corporate Strategy: Text Only (7th Edition)
- Executive Finance and Strategy: How to Understand and Use Financial Information to Set Strategic Goals
- Kellogg on advertising & media : the Kellogg School of Management, 1st Edition
- Supply Chain as Strategic Asset: The Key to Reaching Business Goals (Wiley Corporate F&A)
- Cases on Information Technology: Lessons Learned, Volume 7
Extra info for The Jericho Principle: How Companies Use Strategic Collaboration to Find New Sources of Value
We are left with the question: How do we drive innovation when it requires continual, rapid creation of value that progressively moves further and further away from your company’s core competencies? In terms of the value-bundle, innovation requires differentiating along one or more of the four areas. 5 One important way to do this is to work with other sources of value that are already differentiated from yours. Other companies that are in different businesses and markets—possibly related to your core business, possibly not—can provide the competencies and the value differentiation needed to drive your innovation.
It is the arrow that represents the future of f inancial institutions in the complete disaggregation scenario discussed earlier in this chapter. Traditional strategic planning essentially assumes a bottom arrow future. It tends to be the default strategic assumption for businesses that are inward-facing and thus focusing mainly on operational metrics, and for businesses that are trying to maximize the amount of production they get from a cash cow. Finally, and most damaging, it tends to be the strategic assumption made by many people when they see that the future is murky and posit that, since they cannot reasonably predict the future, they might as well assume a straight line until things become clearer.
To trade on the exchange you must be a member. Membership is controlled, with approximately 400 members at the time of this writing. In this sense, the collaboration between the NYSE and its members is very stable. 6 Zones of the Collaborative Landscape More Intimate Commitment Jericho More Stable More Dynamic Bars Country Clubs Less Intimate 42 The Jericho Principle example, mechanisms for pricing and for providing liquidity. The exchange interacts with its members, and the members with one another in the roles of buyer and seller, transacting using the abstraction of a share of stock.