My career in business strategy as a manager, consultant, and academic developed via my lifelong passion for military strategy and tactics, reading countless books on the Battle of Marathon through to the Third (!) World War. When I was introduced to business strategy in an MBA program, it was love at first lecture. I progressed to a doctorate in “Business Policy” at Harvard Business School as the second doctoral student of the then unknown Michael Porter. My main contribution has been the concept of global strategy for multinational companies. My focus is now on how Chinese companies are moving from imitation to innovation and reinventing management control.
I wrote...
China's Next Strategic Advantage: From Imitation to Innovation
Our book explains the epic transformation of China’s embrace of innovation and its implications for business. We cover the characteristics of China’s environment that foster innovation, both on the supply and the demand side; the specific nature of Chinese companies’ approach to innovation and the factors driving their foreign expansion; the stages in foreign multinationals’ R&D strategies in China and the evolving significance of China as a base for innovation; the imperative for multinationals to participate in the Chinese national innovation system, not only for China but also for the world; how foreign companies can overcome the challenges of conducting innovation in China; and leadership and strategy lessons foreign companies can learn from China. Packed with examples from Chinese and foreign companies.
I have known Richard Rumelt for decades and served for seven years with him on the faculty at UCLA. He is the deepest thinker about strategy I know. Dick took over 30 years to write his first book for practitioners rather than academics, but it was certainly worth the wait. He explains how a good strategy is a specific and coherent response to, and approach for, overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it has the greatest effect. A bad strategy uses vague values, buzzwords, slogans, and unlikely goals. A good strategy has to be crafted and is not produced by adherence to some simple template. The book also puts the reader in the room with Rumelt in his interactions with top executives.
When Richard Rumelt's Good Strategy/Bad Strategy was published in 2011, it immediately struck a chord, calling out as bad strategy the mish-mash of pop culture, motivational slogans and business buzz speak so often and misleadingly masquerading as the real thing.
Since then, his original and pragmatic ideas have won fans around the world and continue to help readers to recognise and avoid the elements of bad strategy and adopt good, action-oriented strategies that honestly acknowledge the challenges being faced and offer straightforward approaches to overcoming them. Strategy should not be equated with ambition, leadership, vision or planning; rather, it is…
Written in 1982 as one of the earliest books on strategy and still very relevant today. Ohmae was head of McKinsey Japan at the time of Japan's dominance in global business and contributed to the success of many Japanese companies. I had the great honor of meeting Ken Ohmae once and persuading him a few years later to provide an endorsement for my own book. Ohmae’s book explores the ways in which the strategist must think, the key principles and thought patterns that real-world strategists have used to move their companies forward in Japan and throughout the world. A timeless classic that is not just about Japan.
A Masterful Analysis of Company, Customer, and Competition Kenichi Ohmae - voted by The Economist as "one of the world's top five management gurus" - changed the landscape of management strategy in "The Mind of the Strategist". In this compelling account of global business domination, Ohmae reveals the vital thinking processes and planning techniques of prominent companies, showing why they work, and how any company can benefit from them. Filled with case studies of strategic thinking in action, Ohmae's classic work inspires today's managers to excel to new heights of bold, imaginative thinking and solutions. "In many ways, Ohmae can…
While Rumelt’s and Ohmae’s books are primarily about formulating strategy, this one is about executing strategy. Former Honeywell CEO Larry Bossidy and academic guru Ram Charan have combined to produce this outstanding book on implementation in organizations. The discipline of execution means understanding how to link together people, strategy, and operations, the three core processes of every business. Leading these processes is the real job of running a business, not formulating a vision and leaving the work of carrying it out to others. Having led a large organization myself, I really appreciate their clarity on what leaders have to do. I used this book as the basis for my Executive MBA elective on strategy execution at China Europe International Business School, my toughest-ever teaching challenge.
Larry Bossidy is one of the world's most acclaimed CEOs, with a track record for delivering results that has few peers. Ram Charan is a legendary advisor to senior executives and boards of directors, with unparalleled insight into why some companies are successful and others not. The result is the book people in business need today. One with a highly practical framework for closing the gap between results promised and results delivered. After a long, stellar career with GE, Larry Bossidy became CEO of Allied Signal and transformed it into one of the world's most admired companies. Accomplishments like 31…
Of the many books explaining the success of the Roman Empire, this is by far the best in that it shows how Rome continually adapted its strategy in building and sustaining its empire. Rome's strategy was not ceaseless fighting but comprehensive strategies that unified force, diplomacy, and an immense infrastructure. Initially relying on client states to buffer attacks, Rome moved to permanent frontier defense. Finally, as barbarians began to penetrate the empire, Rome fielded large armies in a strategy of defense-in-depth. This book's lesson for business strategy is that companies need to constantly adapt their strategies as their circumstances change. The book also has powerful implications for modern geopolitical strategy—be flexible in both means and ends.
At the height of its power, the Roman Empire encompassed the entire Mediterranean basin, extending much beyond it from Britain to Mesopotamia, from the Rhine to the Black Sea. Rome prospered for centuries while successfully resisting attack, fending off everything from overnight robbery raids to full-scale invasion attempts by entire nations on the move. How were troops able to defend the Empire's vast territories from constant attacks? And how did they do so at such moderate cost that their treasury could pay for an immensity of highways, aqueducts, amphitheaters, city baths, and magnificent temples? In The Grand Strategy of the…
At the other end of the scale from Luttwak’s view of grand strategy is this book, which focuses on how supply logistics relative to conditions on the ground was the basis of Alexander's strategy and tactics. For example, Engels calculates how the carrying capacity of camels limited the distance that the Macedonian army could march. Indeed, the further the army went into territory without local food and water, the higher the proportion of the camels' load was devoted to just its own feed. The author’s brilliant use of statistics in detailed calculations totally blew me away when I came across this book in the late 1970s. It provides a truly rare combination of concept and detail.
'The most important work on Alexander the Great to appear in a long time. Neither scholarship nor semi-fictional biography will ever be the same again...Engels at last uses all the archaeological work done in Asia in the past generation and makes it accessible...Careful analyses of terrain, climate, and supply requirements are throughout combined in a masterly fashion to help account for Alexander's strategic decision in the light of the options open to him...The chief merit of this splendid book is perhaps the way in which it brings an ancient army to life, as it really was and moved: the hours…
My book recommendations reflect an abiding passion for Japanese literature, which has unquestionably influenced my own writing. My latest literary interest involves Japanese poetry—I’ve recently started a project that combines haiku and prose narration to describe my experiences as a part-time resident in a 1300-year-old Japanese hot spring town that Bashō helped make famous in The Narrow Road to the Deep North. But as a writer, my main focus remains novels. In late 2023 the second in a planned series of novels set in Ishikawa prefecture will be published. I currently live in Kanazawa, but have also been lucky to call Sapporo, Akita, Tokyo, and Fukui home at different times.
Emmitt’s plans collapse when his wife, Mirai, suddenly backs out of purchasing their dream home. Disappointed, he’s surprised to discover her subtle pursuit of a life and career in Tokyo.
In his search for a meaningful life in Japan, and after quitting his job, he finds himself helping his mother-in-law translate Kanazawa’s most famous author, Izumi Kyoka, into English. He becomes drawn into the mysterious death of a friend of Mirai’s parents, leading him and his father-in-law to climb the mountain where the man died. There, he learns the somber truth and discovers what the future holds for him and his wife.
Packed with subtle literary allusion and closely observed nuance, Kanazawa reflects the mood of Japanese fiction in a fresh, modern incarnation.
In Kanazawa, the first literary novel in English to be set in this storied Japanese city, Emmitt's future plans collapse when his wife, Mirai, suddenly backs out of negotiations to purchase their dream home. Disappointed, he's surprised to discover Mirai's subtle pursuit of a life and career in Tokyo, a city he dislikes.
Harmony is further disrupted when Emmitt's search for a more meaningful life in Japan leads him to quit an unsatisfying job at a local university. In the fallout, he finds himself helping his mother-in-law translate Kanazawa's most famous author, Izumi Kyoka, into English.
