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| Stress your innovative capabilities | July, 2009 | ||||
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Dear Welcome to the July edition of the newsletter. With summer holidays around the corner for many of us, it's easy to put off thinking about anything planned for the autumn. However, as someone well versed in strategy, we know this is a foolish move. So why not check your diary and make sure you've sent us a note of any strategy events later in the year. For the really keen, the summer can be the opportunity to pen that seminal work on strategy that we all feel we have within us so the call for papers from Long Range Planning may provide the inspiration you need this summer. Otherwise have a good summer. 
James Leaton Gray, Chairman |
» In this issue: SPS news Research and insight Events and workshops |
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| » SPS news | ||||
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Final call for papers for special issue of Long Rage Planning A special issue of Long Range Planning entitled 'Social Software: Strategy, Technology, and Community' is looking for papers. It will be guest edited by Dominique Foray (EPFL), Georg von Krogh (ETHZ), Stefan Haefliger (ETHZ), and Eric Monteiro (NTNU). The deadline for submissions is 31 July 2009 for extended abstracts, and 30 November 2009 for full papers. For more information there are details on the LRP website (opens PDF). |
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What is the purpose of a business model? 
Does your business model provide a vision that engages all stakeholders of the business to strive for maximum competitive advantage? Does it provide a strategic framework and value chain for maximizing bottom-line impacts? Or is it merely a translation of business ideas into something that helps bankers, accountants and investors in the business sleep at night? Join over 300 strategists in the SPS Group on LinkedIn to discuss this and other issues.
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Share your strategy events with members The SPS website keeps members up to date with the latest events covering strategy and strategic planning across the world. We are keen to hear about any events that members are involved with, so we can share them with the broader membership. To publish your events on the SPS website, email your details to us. |
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| » Research and insight | ||||
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Stress your innovative capabilities Any programme of innovation faces stress points throughout the different stages of the process. In the latest issue of Strategy Magazine, Andrew Gaule, founder of H-I Network, highlighted the key stress points in each of the five phases of innovation: defining your innovation strategy; identifying and selecting innovations; turning promising ideas into commercial realities; potential external partnering; and extracting value from every idea. He explained how to predict, avoid or overcome them, so that tough challenges make innovations stronger rather than derailing them. And he outlined the approaches that can ensure even failed innovations can generate value for the organisation.
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Why new business development projects fail: coping with the differences of technological versus market knowledge In volume 41, number 1 of Long Range Planning J. Henri Burgers, Frans, A.J. Van Den Bosch and Henk W. Volberda examined how the fit between the creation of technological and market knowledge and project management characteristics, such as autonomy and completion criteria, influence the success of new business development. Their findings highlighted that technological and market knowledge should have a different effect on project autonomy. Similarly, they highlighted that a single approach towards projects does not do justice to their diversity. They concluded that companies should have a range of managerial and organisational arrangements for new business activities tied to the specific knowledge requirements of projects, instead of applying one standardised arrangement to all types of projects.
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Employee values need to match employers A combination of the recession and new media may be encouraging a stronger emphasis and need for 'old fashioned' values among employees. In ever more competitive markets, the 'soft edge' - values, relationships and service - will become the 'hard edge' of competitive advantage.
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| » Events and workshops | ||||
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Strategy events Creating the strategy management process; innovation and creativity in a complex world; building strategic alliances; and business process management. For a round-up of this summer's worldwide events visit the events page on the SPS website. |
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Ashridge Open Programmes The SPS and Ashridge have teamed up to offer SPS members some exclusive benefits, the first of which is a 10% discount on any of Ashridge's open strategy programmes. Ashridge has a wide variety of short, residential programmes to help individuals and organisations to achieve their development needs. These programmes focus on blending the practical experience of their faculty with leading-edge business thinking, to inspire and challenge you. In addition, learning in small classes – typically 12–30 participants – promotes collaboration on your own issues and ensures individual support, enabling all participants to return, better able to transfer learning to the workplace. For more details, visit Ashridge. Please quote your SPS membership number when booking. |
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