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How to Align Conflicting Corporate Strategies to Functions

Idea posted: October 2020
  • Strategy
  • Innovation & Entrepreneurship
  • Leadership & Change

Management controls can be used to overcome the challenge of aligning conflicting corporate strategies with functional tasks, such as new product development.

Idea #777
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FAEF conference room, Fairport, NY (Source: Wikimedia Commons)

Supervising Projects Despite Limited Time and Expertise

Idea posted: June 2017
  • Strategy
  • Leadership & Change

Time and expertise limitations can cause steering committees (SCs) in charge of major and complex strategic projects to make errors in judgement and decision-making. The result: such common but serious problems as being late and over-budget. Proactive steps and awareness can help SCs avoid the traps.

Idea #661
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Flexibility Vs Commitment in the Entrepreneurial Process

Idea posted: August 2013
  • Strategy
  • Innovation & Entrepreneurship
  • Operations
Institutions: EMLYON Business School

Academic literature has provided valuable insights into ways to manage the uncertainties inherent in new ventures — but failed to produce a consensus. Some scholars advocate an approach in which critical decisions are delayed and early commitments avoided, others one that ‘marries’ (to a greater or lesser extent) commitment and flexibility. ‘Re-conceptualisation’ of the main models can help reconcile the different schools of thought — and provide clearer guidance for entrepreneurs.

Idea #191
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