Category Archives: Uncategorized

Edging ahead

Edging ahead

Mobile phone upstarts in China used ‘edging strategy’ to outpace foreign giants like Apple and Samsung, and this holds lessons for managers around the world. I had the recent opportunity to write an article about the Chinese telecoms market with a Chinese consultant and thought leader, Yu Zhou. The article was published in the Chinese… Read more

Innovate through project management

Innovate through project management

‘Project management’ should be an opportunity to innovate, but this requires managers to loosen the reins. Smaller exploratory projects can advance strategic initiatives through a more flexible, seemingly ‘out-of-control’ approach. Companies, consultants and business schools alike tend to rely on the term “project management” to describe oversight of a particular initiative, task or process modification… Read more

From unknowns to black swans

From unknowns to black swans

Why more positive ‘counterfactual reasoning’ is better than reactive ‘disconfirmation’ in dealing with extremely uncertain situations. Discussion of risk management in the past two decades has often revolved around two catchy phrases: the “known unknowns” coined in 2002 by then-US Defence Secretary Donald Rumsfeld, and the “black swans” of the 2007 book (The Black Swan)… Read more

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