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By Richard L. Lynch
Able corporation offers the “Rosetta Stone” executives were looking: a scientific method to translate approach into motion. supplies executives a scientific method to translate procedure into motion. is helping businesses to advance the functions that make procedure paintings. Assembles best-practice method execution tools from the various world’s such a lot highly-respected businesses right into a basic step by step technique. permits leaders in any respect degrees to quickly concentration and align their activities, at the same time enterprise stipulations swap. jam-packed with versions, key issues, functional examples, case reviews, self-assessment concepts and templates.
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Extra resources for The Capable Company: Building the capabilites that make strategy work
Example text
Although much maligned in the late 1980s for their product-out mentality, Wang Laboratories' earlier rise to success was based on Dr. Wang's recruitment of Harold Koplow, a pharmacist who led the software development revolution with the practical introduction of word processing and related products. Second, leaders must break down the barriers that lock knowledge in pockets of the organization. Again Wang is a case in point ± this time for the failure to meet this challenge. In 1982, Koplow had essentially designed a network of PCs with a graphical user interface ± two years before the Macintosh.
A statement of Vision describing a view of the company as it will be seen in the future by its customers, employees, suppliers, and investors. A statement of Core Values delineating what is fundamentally important about how the company and its employees behave as they venture toward the future vision. A statement of Strategy(ies) describing how the company will win in its industry, utilizing its finite resources to differentiate itself positively from its competitors, maximizing its relative strengths against the forces at work in the business environment to satisfy customer needs.
Despite environmental uncertainty, frequent obstacles must be avoided and occasional opportunities must be acted upon. The corporate ship must progress ± leaving a trail of performance commitments made and met. Capable Companies have the ability to chart a productive course to business value and the ability to navigate around that course with great agility through a series of course corrections and business transformations. The Challenges Given the surety that most of the assumptions that lead to a company's business strategy will change, business leaders are challenged to build a 36 setting direction company that is both stable and adaptable.