1.Entrepreneurship lives!

2. Old School Strategy is dead 3. Yet still in the agenda of boards, GSB, and consultants 4. All Strategies melt in the heat of battle 5. No battle plan survives contact with the enemies - Gen Colin Powell 6. Corporate planning is like a rain dance - Brian Quinn, Darmouth 7. If you start planning, you blind yourself to opportunity Harry Quadracchi/Quad Graphics 8. Business plan are great for bankers and investors, but if we strictly followed them, we miss the innovative companies - Inc Magazine 9. What does Dr. Oren Harari, tell about corporate planning in his boo, Leapfrogging the Competition 10. Harmful 11. Rigid 12. Static 13. Overly complicated 14. Arrogant 15. Moving forward while using at rearview mirror 16. Using historical data to predict the (disruptive) future 17. Complex phenomena of the market will be fully known or measured Frederick Hayek, Nobel laureate 18. Current data loses validity rapidly because of rapidly changing situation - Herber Meyer, corporate intelligence expert 19. Me too strategies from mountains of data using same tools 20. Running companies without vision but only with spreadsheets 21. Forgetting markets, customers, and products 22. The Merger and Acquisition (M & A) craze in strategy 23. Reasons: Management Ego Freudian mine is bigger Easier to execute 24. M & A objectives: Synergy More sales and profits Cost reduction 25. Lack of management focus Culture clash Problems are multiplied Inertia causes the surviving entity to move slower, lose market share As per Warren Buffett, M & A usually hurts the acquiring company 26. Why many M & A fail? 27. Example: CEO Frank Lorenzo of Eastern Airlines in USA; no vision just profits 28. Henry Mintzberg - CREATIVE SYNTHESIS 29. Information, resources, people s creativity and commitment 30. What generates business success? 31. Collaboration Teamwork Collective entrepreneurship 32. The New Strategic Management 33. 1. Strategic conversations constant communications from the top to the troops 34. 2. Peter Senge counts - it is not about strategic plans but changing mental models 35. 3. Flood your organization with shared learning 36. 4. Organize around the customers Applaud customer complaints Systems, structures to serve customers better Create more customers 37. Focus more on the customers, not on the market research 38. Be entrepreneurial 39. 5. Leadership really really counts Exciting Cohesive Ever evolving 40. Focus on opportunities 41. 6. Collaborate, cooperate (even with competitors) 42. 7. Business model canvass (improvement) Alex Osterwalder 43. Allows many companies to adjust to low demand, 3rd world country situations, and improve customer satisfaction 44. According to HBR, many companies have shifted to BMI from strategic planning 45. References https://www.facebook.com/Entrepshare?ref=hl http://profjorgeentrep- jorge.blogspot.com/2013/08/old-school-strategy-is- dead-involvement.html#.Uh7__j_9VIM Leapfrogging the Competition by Oren Harari 46. Links to ProfJorgeEntrep www.profjorgeentrep-jorge.blogspot.com www.entrepnews.blogspot.com www.cheapcures.blogspot.com www.profjorgeentrep-ateneo.blogspot.com