June 2020

Competitive Strategy is the classic text that defined how strategy has been developed for the past 40 years. It masterfully balances theory and practice. The first half of the book (Section 1) provides the foundational knowledge that any leader should draw upon in strategy development. The second half (Sections 2 & 3) includes excellent explanations to be referenced when facing specific industry or company situations. Well worth getting and keeping handy.

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Any organization’s strategic options for prospering in the Connected Intelligence revolution will depend heavily on their own purpose, assets, capabilities, and the dynamics within their own industry. We can, however, consider some broad generic strategic options that might be considered at both the Pillar and Proof levels of the Purpose Pyramid strategy model.

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The Innovator’s Dilemma has long been the go-to text for established businesses considering how to manage through technology disruptions. Pivot to the Future, by Accenture consulting executives, may challenge that notion, providing a new way of thinking about, and managing through the digital disruptions rocking virtually every industry.

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How does the battle between potential disruptors and the existing players actually shape up and play out?

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I am pleased to report that this book breaks the mold and is perhaps the best book I’ve yet encountered on the technology revolutions of the past several decades and what they mean for strategy development.

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The Connected Intelligence revolution represents a significant threat to any industry leader whose advantage is based on human experience and knowledge. The threats generally fall into three categories:

• Disaggregation
• Disintermediation
• Displacement

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Welcome to Episode 5 of the ClearPurpose podcast. Today’s topic deals with the differences between data, information, knowledge, and wisdom.

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In the Connected Intelligence Revolution, having a well developed, documented, and communicated data strategy will be foundational to capturing the power and managing the danger of the transformational changes that are coming.

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If the Connected Intelligence Revolution is all about using data to anticipate the future, make decisions, and take action, then having the most valuable data is essential to making good decisions and taking the right actions. And although somewhat obvious, this Law of Data reminds us of what makes for the most valuable data.

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When your industry is under attack from platform businesses, or when you are considering launching your own platform business, this is a great book to understand the dynamics of platform businesses and to learn from many case studies what has historically worked and not worked in the launch and growth of platform businesses.

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