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New research on business and management strategy from Harvard Business School faculty on issues including strategy development, execution, and gauging effectiveness.
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6 Skills That Wise Companies Harness for World-Changing Innovation

by Kristen Senz

What does it take to truly change the world? In The Wise Company, Hirotaka Takeuchi shares the practices that help leading companies turn knowledge into lasting breakthroughs. Open for comment; 0 Comments.

Under Pressure, Oxxo Rethinks the Convenience Store

Mexican convenience store chain Oxxo dominated its market—until its chief rival doubled in size almost overnight. Professor Tatiana Sandino discusses her recent case study CEO Eduardo Padilla's response. Open for comment; 0 Comments.

Identify Great Customers from Their First Purchase

by Kristen Senz

Using data from their very first transaction, companies can identify shoppers who will create the best long-term value, says Eva Ascarza. Open for comment; 0 Comments.

Corporate Innovation Increasingly Benefits from Government Research

by Michael Blanding

Nearly a third of US patents rely directly on government-funded research, says Dennis Yao. Is government too involved in supporting private sector innovation—or not enough? Open for comment; 0 Comments.

Should Non-Compete Clauses Be Abolished?

by James Heskett

SUMMING UP: Non-compete clauses need to be rewritten, especially when they are applied to lower-income workers, respond James Heskett's readers. Open for comment; 0 Comments.

Brick-and-Mortar Stores Are Making a Comeback

by Jen McFarland Flint

Left for dead alongside the retail highway, physical stores are suddenly finding new ways to compete, say Jill Avery and Antonio Moreno. Open for comment; 0 Comments.

Birds of a Feather ... Enforce Social Norms? Interactions Among Culture, Norms, and Strategy

by Hongyi Li and Eric J. Van den Steen

Does culture eat strategy for breakfast? By analyzing the role of a company's social norms—how they develop and why people reinforce them, despite their personal beliefs—this paper offers new insights about the power of culture.

The Limitations of Dynamic Capabilities

by David J. Collis and Bharat Anand

This paper explains the role dynamic capabilities play in competitive advantage, identifies the conditions that make them valuable by establishing their relationship to resources and market positioning, and describes two types and various levels of the phenomenon. Developing such capabilities is desirable, but there are limitations to their effectiveness.

The Impact of Regulation on Strategic Positioning: Self-Regulation in the RTE Cereal Industry

by Young Hou and Dennis Yao

Regulations often change the competitive environment firms operate in by inducing product repositioning. This study examines the responses and performance impacts resulting from industry self-regulation to improve the nutritional content of children’s cereals. Dynamic links between product positioning and product brand equity resources are explored.

Solving the Riddle of How Companies Grow Over Time

by Michael Blanding

Can company growth rates persist over long periods of time? A new study of long-lasting enterprises might make CEOs rethink their strategies, says Gary Pisano. Open for comment; 0 Comments.

The Value of Intermediation in the Stock Market

by Marco Di Maggio, Mark Egan, and Francesco Franzoni

Despite the rise of alternative trading platforms, high-touch broker trading remains prominent in institutional equity markets. The authors analyze how fees, research, quality of execution, and information can help explain how execution decisions and preferences vary across investors.

Field-Level Paradox and the Co-Evolution of an Entrepreneurial Vision

by Ryan Raffaelli and Richard DeJordy

Swiss watchmaking embodies the classic strategic paradox created by the introduction of new technology: the choice between resisting and defending, or embracing and prospecting. This paper offers a model for how fields and organizational leaders experiencing similar paradoxes can adapt to environmental change while still preserving valuable aspects of their past success.

‘Organizing’, ‘Innovating’, and ‘Managing’ in Complexity Space

by Michael C. Moldoveanu

This paper explores organizational complexity by proposing a two-dimensional framework to help us understand organizational coping mechanisms and failure modes. The framework makes it possible to ask new questions about organizational adaptations to complexity that investigate its underlying structure and dynamics.

Does Facebook's Business Model Threaten Our Elections?

by George Riedel

America's 2016 presidential election was the target of voter manipulation via social media, particularly on Facebook. George Riedel thinks history is about to repeat itself. Open for comment; 0 Comments.

How to Be a Digital Platform Leader

by Martha Lagace

The most valuable companies in the world have one thing in common: all are leaders in the platform economy. In a new book, David Yoffie and colleagues identify key strategies and tactics for success on digital platforms. Open for comment; 0 Comments.

Why Do User Communities Matter for Strategy?

by Sonali K. Shah and Frank Nagle

Communities of users are shaping the industrial landscape and contributing to the innovations we use every day. The effects of user communities on firms, industries, and society will continue to grow. This article discusses the relationship between user communities and firms to shed light on avenues for future research in business strategy.

Are Paywalls Saving Newspapers?

by Kristen Senz

Newspapers with reputable brands and unique content are finding success behind paywalls. For most papers, however, the future is not so clear, says Doug J. Chung. Open for comment; 0 Comments.

In the Platform Economy, Upwork Searches for Better Matches in the Cloud

Welcome to the Platform Economy, where business strategists must learn a new form of competition. David Yoffie and Michael Cusumano explain choices facing Upwork, which matches jobs with job hunters in the cloud. Open for comment; 0 Comments.

Can Khan Academy Scale to Educate Anyone, Anywhere?

Khan Academy is an online global education nonprofit launched by Sal Khan with the audacious mission to “provide a free world-class education for anyone, anywhere.” Professor Bill Sahlman discusses his case study of the company. Open for comment; 0 Comments.

The Comprehensive Effects of a Digital Paywall Sales Strategy

by Doug J. Chung, Ho Kim, and Reo Song

Many print media firms are switching to a business model requiring readers to pay for online content. This study of media paywall strategies in the US finds that adopting a digital paywall can lead to positive demand substitution from digital to print channels, particularly for large-sized firms and those with unique content.