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    <title>Rita Gunther McGrath News</title>
    <link>http://ritamcgrath.com/news/</link>
    <description></description>
    <dc:language>en</dc:language>
    <dc:creator>anne@ritamcgrath.com</dc:creator>
    <dc:rights>Copyright 2008</dc:rights>
    <dc:date>2008-11-13T05:19:00-05:00</dc:date>
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    <item>
      <title>Deer&#45;in&#45;the&#45;Headlights Leadership</title>
      <link>http://ritamcgrath.com/news/detail/deer-in-the-headlights-leadership/</link>
      <guid>http://ritamcgrath.com/news/detail/deer-in-the-headlights-leadership/#When:05:19:00Z</guid>
<content:encoded><![CDATA[Rita McGrath's blog at Harvard Business Publishing entitled <i><a href="http://discussionleader.hbsp.com/mcgrath/2008/10/absorb-their-uncertainty-and-g.html" title="Absorb Their Uncertainty -- And Get Your People Unstuck">Absorb Their Uncertainty -- And Get Your People Unstuck</a></i> was picked up by the Washington Post in an article entitled <a href="http://voices.washingtonpost.com/leadership/2008/10/time_to_quit_your_job.html" title="Time to Quit Your Job?">Time to Quit Your Job?</a>]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-11-13T05:19:00-05:00</dc:date>
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    <item>
      <title>Characteristics of Winner&#45;Take&#45;All Markets: A Change in the Basis of Competition</title>
      <link>http://ritamcgrath.com/news/detail/characteristics-of-winner-take-all-markets-a-change-in-the-basis-of-competi/</link>
      <guid>http://ritamcgrath.com/news/detail/characteristics-of-winner-take-all-markets-a-change-in-the-basis-of-competi/#When:22:34:00Z</guid>
<content:encoded><![CDATA[Rita Gunther McGrath's <i>And the Winner Takes it All? Necessary Conditions and Entry Strategies in Winner-Take-All Market, in Strategy, Innovation, and Change: Challenges for Management</i> has been quoted at the Business Innovation blog.  To read the entire post, <a href="http://www.unitedbit.com/characteristics-winner-take-all-markets-change-basis-competition/" title="click here">click here</a>.]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-10-16T22:34:00-05:00</dc:date>
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    <item>
      <title>Tightwad Bank: A Lesson in Branding</title>
      <link>http://ritamcgrath.com/news/detail/tightwad-bank-a-lesson-in-branding/</link>
      <guid>http://ritamcgrath.com/news/detail/tightwad-bank-a-lesson-in-branding/#When:04:44:00Z</guid>
<content:encoded><![CDATA[Entrepreneur's story about Tightwad Bank in Tightwad, MO quotes Rita McGrath:  using a different kind of name is a "strategy that's used by many firms to add an empathic or emotional appeal to their products that enhances the basic functionality of what they have to sell.  A quirky name like this can often provide valuable differentiation for a company, particularly in a relatively commoditized (and, to be frank, boring) industry like banking."  [McGrath] thinks it will be interesting to see whether the name becomes even more salient during these tough economic times, "when being a tightwad may well be seen as more honorable and intelligent than being a silly, credit-consuming spendthrift."  To read the entire article, <a href="http://www.entrepreneur.com/marketing/article197492.html" title="click here">click here</a>.<br />
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      <dc:subject></dc:subject>
      <dc:date>2008-10-15T04:44:00-05:00</dc:date>
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    <item>
      <title>Rita McGrath and Ian MacMillan cited in Forbes</title>
      <link>http://ritamcgrath.com/news/detail/rita-mcgrath-and-ian-macmillan-cited-in-forbes-creative-disruption-accelera/</link>
      <guid>http://ritamcgrath.com/news/detail/rita-mcgrath-and-ian-macmillan-cited-in-forbes-creative-disruption-accelera/#When:22:52:01Z</guid>
<content:encoded><![CDATA[The Forbes article excerpts <i>From Strategy to Execution: Turning Accelerated Global Change into Opportunity</i> by Clayton Christensen and cites Rita McGrath and Ian MacMillan as follows:<br />
"Instead, companies should focus on progress-tracking metrics such as knowledge-to-assumption ratios, which are reflective of the development of the business idea, as well as both directional and actionable. Indeed, this sort of "plan to learn" approach, which we adapted from Ian C. MacMillan and Rita Gunther McGrath's article <i>Discovery-Driven Planning</i> (Harvard Business Review, July 1995), urges teams to focus on identifying and rapidly addressing risks and assumptions. This approach should guide strategic efforts."  To read the entire Forbes article, <a href="http://www.forbes.com/claytonchristensen/2008/09/09/dowcorning-innovation-xiameter_leadership_clayton_in_mj_0909claytonchristensen_inl.html" title="click here">click here</a>.]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-09-13T22:52:01-05:00</dc:date>
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    <item>
      <title>Business Week.com features Rita McGrath&#8217;s Harvard&#8217;s Dynamic Strategies blog post</title>
      <link>http://ritamcgrath.com/news/detail/business-weekcom-features-rita-mcgraths-harvards-dynamic-strategies-blog-po/</link>
      <guid>http://ritamcgrath.com/news/detail/business-weekcom-features-rita-mcgraths-harvards-dynamic-strategies-blog-po/#When:06:15:00Z</guid>
<content:encoded><![CDATA[Business Week has featured Rita McGrath's August 27, 2008 post at Harvard Business entitled <i>Cut Costs like Avon -- Not Home Depot</i>.  The Business Week post is <a href="http://www.businessweek.com/managing/content/aug2008/ca20080829_332822.htm?chan=careers_managing+index+page_top+stories" title="here">here</a>.]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-09-09T06:15:00-05:00</dc:date>
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    <item>
      <title>Making the Consumption Chain Smarter</title>
      <link>http://ritamcgrath.com/news/detail/making-the-consumption-chain-smarter/</link>
      <guid>http://ritamcgrath.com/news/detail/making-the-consumption-chain-smarter/#When:05:12:00Z</guid>
<content:encoded><![CDATA[Stephen L. Schwartz of Intermec Technologies and a attendee at a recent <a href="http://www4.gsb.columbia.edu/execed" title="Columbia Executive Education">Columbia Executive Education</a> <i>Leading Strategic Initiatives</i> class led by Rita McGrath wrote to her of an innovation implemented by its client Vail Resorts.   "Vail Resorts Improves Season Ski Pass Holder Experience:  Intermec has announced that its CN3 mobile computers with IP30 handheld RFID readers have been chosen by Vail Resorts, the premier mountain resort company in the world and a leader in luxury destination-based travel at iconic locations, for its 2008-2009 season ski passes at Vail, Beaver Creek, Breckenridge, Keystone and Heavenly.  The "easy scan" process makes getting through lift lines easier and more convenient by using RFID technology to give skiers and snowboarders holding 2008-2009 season passes the option to keep their passes inside their jacket and be automatically scanned by a Vail Resorts employee in the lift line."  To read the entire article at GPS.com, <a href="http://www.gpsdaily.com/reports/Vail_Resorts_Improves_Season_Ski_Pass_Holder_Experience_999.html" title="click here">click here</a>.  Steve writes that the next frontier for applying this Making the Consumption Chain Smarter technology is movie theaters.  ]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-08-27T05:12:00-05:00</dc:date>
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    <item>
      <title>Strategy Innovation vs. Strategic Planning (Discovery Driven Planning)</title>
      <link>http://ritamcgrath.com/news/detail/strategy-innovation-vs-strategic-planning-discovery-driven-planning/</link>
      <guid>http://ritamcgrath.com/news/detail/strategy-innovation-vs-strategic-planning-discovery-driven-planning/#When:00:19:00Z</guid>
<content:encoded><![CDATA[Business Innovation blog posted "If you are intrigued by the potential of strategy innovation for your company, be aware that you will not get it from your current strategic planning process. You will have to create a separate process for strategy innovation, one that is:<br />
Creative <br />
Market-centric <br />
Heuristic (discovery-driven)"<br />
To read the entire post, <a href="http://www.unitedbit.com/strategy-innovation-vs-strategic-planning/" title="click here">click here</a>.]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-08-16T00:19:00-05:00</dc:date>
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    <item>
      <title>Should Successful Companies Bother with Innovation?</title>
      <link>http://ritamcgrath.com/news/detail/should-successful-companies-bother-with-innovation/</link>
      <guid>http://ritamcgrath.com/news/detail/should-successful-companies-bother-with-innovation/#When:23:47:00Z</guid>
<content:encoded><![CDATA[Scott D. Anthony, president of Innosight, an innovation consulting and investing company with offices in Massachusetts, Singapore, and India poses that question at the Harvard Business Publishing blog and mentions Rita McGrath as one of the thought leaders.  "We believe we are on the cusp of an era where companies develop the ability to innovate much more reliably and repeatedly. Patterns of success and failure, highlighted by excellent research by Robert Burgleman, Clayton Christensen, Richard Foster, VG Govindarajan, Rita Gunther McGrath, and many more are coming into clearer focus by the day."  To read the entire article, <a href="http://discussionleader.hbsp.com/anthony/2008/07/why_bother.html" title="click here">click here</a>.]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-07-18T23:47:00-05:00</dc:date>
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    <item>
      <title>Mapping the Consumption Chain</title>
      <link>http://ritamcgrath.com/news/detail/mapping-the-consumption-chain/</link>
      <guid>http://ritamcgrath.com/news/detail/mapping-the-consumption-chain/#When:23:32:00Z</guid>
<content:encoded><![CDATA[The <a href="http://www.unitedbit.com">http://www.unitedbit.com</a> blog has posted a three-part series from a McGrath-MacMillan excerpt on <i>Mapping the Consumption Chain</i>.  "Most profitable strategies are built on differentiation: offering customers something they value that competitors don't have.  A company has the opportunity to differentiate itself at every point where it comes in contact with its customers -- from the moment customers realize that they need a product or service to the time when they no longer want it and decide to dispose of it. If companies open up their creative thinking to their customers' entire experience with a product or service -- so-called the consumption chain -- they can uncover opportunities to position their offerings in ways that they, and their competitors, would never have thought possible. Ian C. MacMillan and Rita Gunther McGrath have designed a two-part approach that can help companies continually identify new points of differentiation and develop the ability to generate successful differentiation strategics. The first part, "Mapping the Consumption Chain," captures the customer's total experience with a product or service."  <a href="http://www.unitedbit.com/mapping-the-consumption-chain-i/" title="Click here">Click here</a> to find all three posts.]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-07-18T23:32:00-05:00</dc:date>
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    <item>
      <title>Wall Street Journal cites McGrath article &#8220;For Further Reading&#8221;</title>
      <link>http://ritamcgrath.com/news/detail/wall-street-journal-cites-mcgrath-article-for-further-reading/</link>
      <guid>http://ritamcgrath.com/news/detail/wall-street-journal-cites-mcgrath-article-for-further-reading/#When:22:36:00Z</guid>
<content:encoded><![CDATA[In its July 7, 2008 article, <i>In Search of Growth Leaders</i>, the Wall Street Journal cites the 2006 article by Rita McGrath, Thomas Keil and Taina Tukiainen <br />
<i>Extracting Value from Corporate Venturing,</i> for further reading.  To read the entire article, <a href="http://online.wsj.com/article/SB121441083243003809.html?mod=googlenews_wsj" title="click here">click here</a>.<br />
]]></content:encoded>
      <dc:subject></dc:subject>
      <dc:date>2008-07-08T22:36:00-05:00</dc:date>
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