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Recession related Opportunity Windows ( was RE: Basic questions on strategy- request for inputs

  • 1.  Recession related Opportunity Windows ( was RE: Basic questions on strategy- request for inputs

    Posted 03-18-2010 16:46
    Dear Dr. Rajesh K Pillania,
     
    Your questions are fairly comprehensive but another timely key question that could be asked is:
     
    What new opportunity windows (which are different from strategy) have you recognized, discovered (due to scanning)   or constructed due to changes resulting from the recession or post recession?
     
    ie.global supply chain disruption opportunites ie Medical isotopes or pulp and paper due to earthquake in Chili and strike in Finland
    ie shortage or scarcity opportunties 
    etc
     
     
    Walter Derzko
    Smart Economy
    The Opportunity Clinic
    Toronto, Canada
     
     
    Author of the soon-to-be published book- Opportunity 45 Scenarios to Drive Your Business in Challenging Times, published by J. Wiley and Sons
     
    ISBN13: 978-0-470-73761-3
     
    ISBN10: 0-470-73761-1
     
    Contact us about the Opportunity Clinic workshop and to invite Walter Derzko as a keynote speaker at your next event

    From: International Management Discussion List [mailto:IMD-L@AOMLISTS.PACE.EDU] On Behalf Of rajesh pillania
    Sent: Thursday, March 18, 2010 4:09 PM
    To: IMD-L@AOMLISTS.PACE.EDU
    Subject: Basic questions on strategy- request for inputs


    Colleagues,

    I am writing a book on 'Strategy in India'. Fortunately I have good access to top management of firms in India and I am going to CEOs/ Presidents/ Vice Presidents/ Managing Directors in next few days for their inputs. I am asking seven basic open-ended questions. Would you please give your critical inputs, looking at the faults/shortcomings in it? I plan to ask the same seven questions, for 10 sub-themes in strategy like global strategy , competitive strategy, innovation strategy etc from others in senior position. The idea is to get views from 3-5 senior people from industry and then put these views together in the beginning or end of each chapter.

    The Five plus Two Questions

    1.      Is your company formulating and implementing strategies?

    While answering kindly also look in terms of: Recent past (Post liberalization of 1991) and Present times, Is there any difference across sectors/industries? Is there any difference between Indian and foreign firms? Share any interesting examples of success or failure?

    2.      How is your company doing it?

    I mean what kind of strategies you are making for example Corporate governance, Corporate social responsibility , Global strategy , Mergers and acquisitions, Green management and sustainability, Innovations, Entrepreneurship etc.

    3.      Why is your company making strategies?

    I mean what are the reasons behind this, for example Survival, Growth, Managing Failures, Providing Direction, Strategic Positioning and Competitive advantage, Changing business environment, Globalization etc.

    4.      How formulating and implementing strategies' is making an impact on performance of your company?

    5.      What are/shall be the future plans of your company for strategy? While answering kindly also look in terms of: Not doing it and won't do in future, Not doing it but may do it in future, Doing it and will continue the same way, Doing it but will change the course of action, Doing it and will do more etc.

    6.      What are your key learning's in strategy till now?

    7.      What other firms/CEOs must not do while operating/entering into India?

    8.      Any other inputs you would like to share, which you feel, are not covered by the seven questions.

     
     
    Looking forward to your kind inputs.
     
    Best regards
    Rajesh
     
    Dr. Rajesh K Pillania,
    Chairman,
    Institute for Strategy
    New Delhi, India.
     
    Institute for Strategy is a think tank exploring strategy , particularly in Indian context. It is based in New Delhi,India and supported by industry and faculty collegues from IITs/IIMs.