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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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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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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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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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Rita McGrath : Strategy in Volatile and Uncertain Environments

eTalks.com interviewed Rita McGrath recently in which she answered a question about strategy:  Strategy is fundamentally about making choices.  Choices, of course, about what to do but equally importantly about what not to do.  I think of strategy as a central, integrated concept of how we’re going to achieve our objectives.  In a business sense, it’s what customers we seek to serve, what we’re going to do for them that... read more »

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Innovation Watch reviews The End of Competitive Advantage

Innovation Watch writes:  “Chances are the strategies that worked well for you even a few years ago no longer deliver the results you need. Dramatic changes in business have unearthed a major gap between traditional approaches to strategy and the way the real world works now. In short, strategy is stuck. Most leaders are using frameworks that were designed for a different era of business and based on a single dominant... read more »

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Rita McGrath interviewed by The Irish Times

The Irish Times writes:  “Finding a real competitive advantage in an industry has been likened to discovering the Holy Grail in the corporate strategy stakes. However, it’s an increasingly elusive goal, according to US management expert, Prof Rita McGrath. McGrath, who is based at Columbia Business School but is a frequent visitor to these shores, says that organisations now need to find ways of leveraging temporary advantages and to remain... read more »

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Interview with Dorie Clark in Forbes

May 16, 2013Interview at Forbes with Dorie Clark (author of The Brand of You) in Forbes on-line. The basic idea behind the article is that we need a different way of thinking about strategy when competitive advantages are short-lived. read more »

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Columbia Prof: To Survive, Broadcast TV Must Disrupt Its Own Business Model

Rita McGrath is quoted at FishBowlNY about the sinking profits of the broadcasting industry, and what must be done. To read the entire post, click here. read more »

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Strategy in Volatile and Uncertain Environments

eTalks.me interviewed Rita McGrath on the topic of Strategy in Volatile and Uncertain Environments. To read the interview, click here. read more »

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Rita McGrath cited by Bloomberg Businessweek

In a blog entitled The Game Theory Behind Starbucks’ Big Coffee Price Cut, Rita McGrath is quoted as to why Starbucks has discounted its coffee sold in grocery stores: “Starbucks already has plenty of $6 barista-brewed drinks to capture the top of that market, but a bag of $10 coffee is very much in the middle…” and “By committing to lower prices (and not using coupons or sales), Starbucks is... read more »

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Rita McGrath named as one of 50 Most Influential Business Professors of 2013!

MBARankings.Net has published its list of the 50 Most Influential Business Professors. Professor McGrath is at #12 slot (though the list is in no particular order.) To read the entire list, click here. read more »

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Does Microsoft have a Plan B?

At PCWorld.com, Rita McGrath addresses the question within their article No Plan B? The fallacies and risks of Microsoft’s all-in Windows gambit. With respect to transitioning Windows desktop to tables and smart phones, Microsoft’s CFO claimed to have no Plan B. Rita McGrath believes…that Microsoft has a Plan B pivot or two hidden up its sleeve—though the company may not realize it. “Even if Microsoft doesn’t consciously know there’s a... read more »

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