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 Plan B, they're such a resource rich and diverse company -- and decision-making is pushed down to such a low level there -- that if things really go wrong for them, and they go rooting around in the closet, they're bound to find a Plan B, something waiting in the wings. My guess is that there's stuff going on in the company that would be a de facto Plan B, even if it's not part of the strategy plan." To read the entire article, click here.
- Posted: Tuesday, February 19, 2013
At Billboard.com, Rita McGrath has written an Op-Ed about the changing face of the music business. "In fact, the music industry is enjoying a period of explosive growth, experimentation and new opportunity that never would have been possible under the old model. It's a little like the airlines before they were de-regulated, the phone company when it was still Ma Bell or computers when a few big companies were the only game in town. Incumbents don't like innovations that disturb the status quo. But the status quo is no more, and amazing opportunities are opening up that were never before possible or economical." To read the entire blog, click here.
- Posted: Tuesday, February 19, 2013
At InfyTalk, the Infosys CEO addresses Rita McGrath's article in a talk about Innovation: "Our company, she says, has a systematic way of estimating how long a particular advantage is going to last, not to mention 'systems that nurture innovation and processes that make sure the right people are at work on the business.' These organizational features are terribly important in what has become a very competitive global economy. Established companies that will eventually be outclassed by competitors are operating on autopilot. '[These] companies exist to exploit existing businesses, not to create new ones,' writes McGrath." ... "So in 2013, take these lessons to heart. It's not the easiest thing to move out of your organizational comfort zone, but doing so can have its rewards. 'It's really striking how quickly and frequently people change their business models today,' says McGrath. 'It's much more common than it used to be. Be prepared. Just because your model hasn't changed much yet doesn't mean that it won't.'" To read the entire address, click here.
- Posted: Monday, February 11, 2013
In a Forbes interview of Steve Anthony of Innosight about his Harvard Business Review article Accelerating Innovation in the New Corporate Garage, Steve Anthony is quoted: "Just look at the pace of change that’s going on in every market. Rita McGrath at Columbia Business School has a book coming out next year where she talks about the death of competitive advantage and how we now have to live with temporary advantage." To read the entire post, click here.
- Posted: Tuesday, December 18, 2012
At Finweek, Rita McGrath's 2012 Harvard Business Review article on the subject is cited extensively. ...which shows us that of 4793 companies, each with a market value in excess of $1bn, only 8% were able to grow real earnings faster than world GDP without interruption between 2005 and 2009. Finweek commented further on the article, and then applied Rita McGrath's findings to South African companies. To read the entire article, click here.
- Posted: Tuesday, November 27, 2012
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