Strategic Thought Transformation - The IIPM Think Tank
Strategic Thought Transformation - The IIPM Think Tank
Strategic Thought Transformation - The IIPM Think Tank
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
E X E C U T I V E S U M M A R I E S<br />
STRATEGIC INSIGHT<br />
Industrial Espionage<br />
22<br />
<strong>The</strong> paper by Edward M. Roche talks about how Industrial Espionage is fast becoming a threat for multinational companies<br />
across the world.<br />
Paper extract: Industrial espionage is conducted for commercial purposes instead of the usual national security purposes. It is<br />
conducted both by governments and by private organisations. At the most innocuous level, the term is applied to the legal and<br />
mundane methods of examining corporate publications, web sites, patent filings, and the like to determine the activities of a<br />
corporation (though this is normally referred to as business intelligence), through to bribery, blackmail, technological surveillance<br />
and even occasional violence. As well as spying on commercial organisations, governments can also be targets of commercial<br />
espionage.<br />
Consumer Response to Promotional Schemes<br />
26<br />
In this paper by Dr. Sadia S. Ali of Aligarh Muslim University, an analytical approach has been proposed to make a comparative<br />
study of the schemes as well as to study the consumer response to some well-known schemes.<br />
Paper extract: Sales of consumer items with some promotional scheme is a very common phenomenon now-a-days. This may<br />
be regarded as an extension to the advertising campaign. <strong>The</strong> basic idea is to increase the sales by attracting new customers or<br />
by increasing the number of items purchased by the existing customers. Studies corresponding to this aspect of advertising have<br />
been made earlier also. In a book published in 19874, titled ‘Advertising’, the authors discussed this aspect. Recently, some new<br />
books have appeared containing studies on advertising price-promotions.<br />
Does the Quality of a Mutual Fund Manager’s Education Matter<br />
31<br />
This research paper by Aron A. Gottesman is nothing but a compelling commentary on the qualities needed in a mutual fund<br />
manager who can make all the difference in your portfolio.<br />
Paper extract: Mutual fund managers face the daunting task of earning superior returns in a highly competitive environment.<br />
<strong>The</strong>ir performance is closely scrutinized by investors, their superiors, other managers, and the press. Measures of mutual fund<br />
performance are adjusted for risk and are easily comparable; hence any failure relative to the selected benchmarks is quickly<br />
identified and critiqued. “Superstars” are celebrated, while those that fail to meet expectations find their careers wounded. But<br />
what makes one manager a superstar and another a failure Successful managers may have a natural talent for investing, while<br />
others benefit from working for a well run mutual fund company.<br />
Planman’s Meta SBU Analysis Constructs<br />
36<br />
<strong>The</strong> penultimate part of the paper describing Planman’s C2A2 business analysis model. <strong>The</strong> next paper in this series, in the forthcoming issue<br />
of <strong>Strategic</strong> Innovators, analyzes not only the m-PIPE Matrix, but also various competitive strategies that can optimally affect any business<br />
industry space.<br />
Invisible Ink!<br />
40<br />
This benchmark paper by Kim Warren, Teaching Fellow, <strong>Strategic</strong> and International Management at London Business School talks<br />
about how investors need to understand how ‘soft’ factors actually work through the business system to drive performance.<br />
Warren elucidates the role that intangible factors, such as reputation, staff skills, and business relationships, play in the strategy<br />
and performance of commercial organisations<br />
Paper extract: If we carefully take apart a firm’s business model, it is possible to trace back from performance, through the<br />
substantive resources of the business system and the processes by which these change, until the impact of true intangibles is<br />
revealed. This is also valuable for managers themselves as it gives them a stronger grip on their strategy and performance. Unfortunately,<br />
such information not only helps investors assess a firm’s performance, but also makes crystal clear to competitors<br />
the sources of its competitive advantage. So, once we have laid out what would be most helpful to investors, we need to balance<br />
the advantages of disclosure against the risks.<br />
An <strong>IIPM</strong> Intelligence Unit Publication STRATEGIC INNOVATORS<br />
97