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MarketDrivenGrowth: Driving Organic Growth and Innovation

Bob Cooper, Academic Director and Senior Fellow at the Kellogg School of Management reviews The End of Competitive Advantage (“fabulous book”) and discusses the five internal barriers that leads to growth stagnation here. read more »

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Inc.: Is It Easy for Your Customers to Leave You?

You’ve heard of barriers to entry, but it’s barriers to exit that determine the strength of your business model, according to Rita Gunther McGrath, a professor at Columbia Business School. What’s an exit barrier? Simply put, it’s the combination of factors preventing customers from leaving. “In general, business models that create exit barriers, for which there are switching costs -; which are not transactional and which to some extent lock customers... read more »

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Practical advice from Columbia Business School professor, Rita Gunther McGrath

A Canadian blogger, KJ Mullins, recently interviewed Rita McGrath during her visit to Toronto.   She cited some practical advice from Rita, especially for working mothers.   Read the blog here. read more »

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Rita McGrath presents at the Inaugural meeting Chief Strategists’ Club

“The Inaugural Dinner of the Chief Strategists Club took place on Wednesday 18th September 2013 at the Royal Society of Arts in London. Our special guest for this exclusive event was Rita Gunther McGrath, author of The End of Competitive Advantage, Professor at Colombia Business School, and one of the world’s top 50 business thinkers.” Read the full article here. read more »

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How Relevant is Long-Range Strategic Planning?

A Harvard Business School post by Jim Heskett reviews: “Now comes a new book, The End of Competitive Advantage, by Rita Gunther McGrath. Hers is a frontal attack on accepted strategic planning methods designed, in her opinion, for another time. These are methods based on the presumption that competitive advantage is sustainable. It’s a presumption that she claims “creates all the wrong reflexes” in a world in which the best... read more »

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Thinkers50 names Rita McGrath one of World’s Top 50 Leadership and Management Thinkers

Forbes Mike Myatt  …being nominated for a Thinkers50 award is largely considered akin to being nominated for an “Oscar” in management and leadership thinking….These obvious disclaimers aside, I believe the Thinkers50 to be the gold standard of credibility and accomplishment in the field of leadership and management. Strategy Award: Erik Brynjolfsson: The Schussel Family Professor of Management at the MIT Sloan School of Management; Laurence Capron: Author and professor of strategy at INSEAD; Richard D’Aveni: The Bakala... read more »

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Investing In An Age Of Transient Competitive Advantages: A Book Review

John Mason of SeekingAlpha.com reviewed The End of Competitive Advantage, by Rita Gunther McGrath, published by the Harvard Business Review Press in 2013. I like to think of myself as a “value investor.” That is, I believe that I invest in quality companies that are underpriced.  In terms of the quality of the organizations I like to invest in, I look for firms that have established a competitive advantage in... read more »

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Deploying the M&A Counterattack

Sometimes it pays for a company to respond to a deal in its own backyard, and sometimes it doesn’t. by Matt Palmquist Authors: Thomas Keil (University of Zurich), Tomi Laamanen (University of St. Gallen), and Rita G. McGrath (Columbia Business School) Publisher: Long Range Planning, vol. 46, no. 3 Date Published: June 2013 Few corporate moves have as much potential to shake up an industry as mergers and acquisitions. But although the post-deal... read more »

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Research Technology Management Reviews End of Competitive Advantage

Porter’s five forces and Hamel and Prahalad ’ s core competencies remain central concepts in corporate strategy. But in this book, Rita Gunther McGrath questions whether these ideas—both based on a belief in the need to create and defend a permanent competitive advantage—are still relevant. The 21st century has seen the emergence of such an intensely, globally competitive environment that McGrath believes that a transient advantage is all that is... read more »

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Will the legal establishment allow a two-year law school?

CNBC reports that President Obama is quoted as saying that law schools would “probably be wise” to move away from three-year programs to two. Who will fight like crazy to prevent two-year schools from being able to accredit J.D.s?   “Just about everybody in the established order,”  said Columbia Business School professor Rita Gunther McGrath, who has written about the troubles facing law schools.  Under a two-year system, McGrath sees lost... read more »

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Can Your Career Survive Transient Competitive Advantage?

Theodore Kinni of Strategy & Business highlighted a chapter in Rita McGrath’s book dealing with career change: If our employers begin rejiggering their businesses’ portfolios at a faster pace, our jobs are going to get rejiggered more often too. And if that starts to happen, are you ready? McGrath offers the following 10 yes-or-no scenarios to help you figure that out.   1. If my current employer let me go,... read more »

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Travel Weekly PLUS interviews Rita McGrath

Travel Weekly PLUS, the thought leadership publication for senior executives in travel, published a two-part interview with Rita McGrath by their Editor in Chief Diane Merlino, excerpted below: Sustainable Strategy Is Out. Short-Lived Opportunities Are In Planning for long-term competitive advantage is a thing of the past Merlino: Rita, not so long ago the golden rule of business strategy was based on developing a sustainable competitive advantage. The new methodology... read more »

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Crain’s quotes Rita McGrath about AOL Firing

Rita McGrath was quoted by Crain’s in conjunction with their story Armstrong’s apology a mere Patch.  Armstrong, AOL CEO fired a Patch employee during a video conference before 1000 staffers.    “This is the kind of thing that tends to stick with people because it’s so vivid,” said Rita McGrath, a professor at Columbia Business School who focuses on business strategy. “This wasn’t a strategic case of a public shooting.”   Read... read more »

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VoiceAmerica interviews Rita McGrath

Listen to Rita McGrath is interviewed by VoiceAmerica on competitive advantage here. read more »

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Making the Shift from Sustainable to Transient Advantage

Innosight recently interviewed Rita McGrath, excerpted below.   To read the entire interview, click here. You argue that competitive advantage is dying and that companies need to embrace the idea of transient advantage. What do you mean by that? The Holy Grail of strategy for many years has been defined as sustainable competitive advantage: you find an opportunity, you throw up entry barriers like crazy and then you get to enjoy... read more »

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