[Assam] Harvard MBA Newsletter: Creating Strategy in an Unknowable Universe

Sat Jun 24 10:09:38 PDT 2006

What Bill Gates did not learn at Harvard Business School (he never even completed his Harvard Univ B.A.) --shows how street smart he was: pursuing simultaneously six paths - a portfolio of experiments : investing in MS-DOS, Wndows, UNIX etc etc.

  You never know which would come out  successful - though limited resources get spread out.

  Umesh

HBS Working Knowledge <workingknowledge at hbs.edu> wrote:
  To: jaipurschool at YAHOO.COM
Date: Mon, 19 Jun 2006 10:30:54 -0400 (EDT)
From: HBS Working Knowledge <workingknowledge at hbs.edu>
Subject: Newsletter: Creating Strategy in an Unknowable Universe

Dear HBS Working Knowledge reader,

HBSWK will be launching our redesign shortly. To prepare for the transition, this will be the last Working Knowledge edition until the debut on July 10. The new design will include:

* Content focused on the cutting-edge research and ideas of the world-renowned Harvard Business School faculty, with relevancy for the business practitioner.
* Addition of reader requests including search/browse by industry and geography. Overall, the "look and feel" of Working Knowledge will be streamlined to give users the information they want quickly.
* Phase-out of some long-standing features such as our guest columnists (Stever Robbins and Jonathan Byrnes), book summaries, and Web reviews.

Here are some of the articles on the docket for summer:

Robert Austin discusses "accidental" innovation and how it can be fostered.
Carliss Baldwin's research on products improved by users.
Jeffrey Fear's look at Porsche's challenges building an SUV.
Michael Porter's call for using competition to reform healthcare.
"Kash" Rangan on building a sustainable go-to-market strategy.
Peter Tufano's proposal to reinvent the U.S. savings bonds program.
David Yoffie on the strategy implications for digital convergence.

And much, much more ...

We'll see you in a few weeks!
HBSWK staff

  HIGHLIGHTS THIS WEEK
Creating Strategy in an Unknowable Universe
The Morning Meeting Ritual
Make the Most of Your Off-Site
Jim Heskett Sums Up: How Important Is the "Service Sector Effect" on Productivity
Stever Robbins on the Executive Mindset

Plus: Book reports
========================

NEW ON THE SITE
Creating Strategy in an Unknowable Universe
http://hbswk.hbs.edu/item.jhtml?id=5387&t=finance
In his book The Origin of Wealth, Eric D. Beinhocker argues that a radical new view sees economics as a highly dynamic and evolving system with implications for companies and organizations everywhere. An excerpt.

The Morning Meeting Ritual
http://hbswk.hbs.edu/item.jhtml?id=5388&t=organizations
Is your organization plagued by inefficient communications, finger pointing, and lack of accountability? Get all key decision makers to the tablesame time, every day. Welcome to Marty Linsky's Morning Meeting. From Harvard Management Communication Letter.

Make the Most of Your Off-Site
http://hbswk.hbs.edu/item.jhtml?id=5389&t=leadership
The key: advance preparation. This means restricting in advance the scope and number of issues to a manageable few. And don't invite too many people. An excerpt from Harvard Business Review.

Jim Heskett sums up: How Important Is the "Service Sector Effect" on Productivity?
http://hbswk.hbs.edu/item.jhtml?id=5378&t=heskett&oid=5362&rid=5374&hid=5378&aid=-1
In the cost-driven U.S. service economy, are worker benefits being sacrificed in the name of lower-cost services to customers? Reader responses to this month's column were equally divided.

The Leadership Workship with Stever Robbins: The Executive Mindset
http://hbswk.hbs.edu/item.jhtml?id=5391&t=srobbins
Executives can't afford to focus narrowlythey are responsible for the overall performance of the organization. They think vertically, horizontally, and through time, says Stever Robbins.

BAKER LIBRARY SUMMARIES
BOOK REPORTS
The Art of Connecting: How to Overcome Differences, Build Rapport and Communicate Effectively With Anyone
by Claire Raines and Lara Ewing
AMACOM, 2006
http://hbswk.hbs.edu/book-review.jhtml?t=career_effectiveness&id=5386
Techniques for effective communication at work.

How We Compete: What Companies around the World Are Doing to Make It in Today's Global Economy
by Suzanne Berger
Currency Doubleday, 2005
http://hbswk.hbs.edu/book-review.jhtml?t=globalization&id=5385
Report from a five-year study by MIT.

Bench Strength: Developing the Depth and Versatility of Your Organization's Leadership Talent
by Robert Barner
AMACOM, 2006
http://hbswk.hbs.edu/book-review.jhtml?t=organizations&id=5390
Finding, developing, and retaining your top managers.

MOST POPULAR STORIES
Peter Drucker on Managerial Courage
http://hbswk.hbs.edu/item.jhtml?id=5377&t=bizhistory

Why Your Employees Are Losing Motivation
http://hbswk.hbs.edu/item.jhtml?id=5289&t=organizations

The Promise of Channel Stewardship
http://hbswk.hbs.edu/item.jhtml?id=5375&t=marketing

The Big-Box Balance
http://hbswk.hbs.edu/pubitem.jhtml?id=5376&t=globalization

The Soft Skills of Global Managers
http://hbswk.hbs.edu/item.jhtml?id=5370&t=leadership

NEW RESEARCH AT HBS
http://hbswk.hbs.edu/new-research.jhtml
A listing of the latest research papers, publications, and cases written by Harvard Business School faculty.

BEST OF FACULTY Q&As
Josh Lerner on the U.S. Patent Game: How to Change It
http://hbswk.hbs.edu/facultyQAs.jhtml?t=facultyQAs
Innovators and society are paying too high a price in the current patent system, says a new book by Adam B. Jaffe and Harvard Business School's Josh Lerner. A book excerpt and Q&A.

ELSEWHERE AT HARVARD BUSINESS SCHOOL
Leadership Development Program
http://www.exed.hbs.edu/redirects/ldpwk/index.html
HBS Executive Education Program
July 2006-March 2007 Session

Driving Corporate Performance: Aligning Scorecards, Systems, and Strategy
http://www.exed.hbs.edu/redirects/dcpwk/index.html
HBS Executive Education Program
July 16-21, 2006

Delivering Information Services
http://www.exed.hbs.edu/redirects/diswk/index.html
HBS Executive Education Program
July 23-29, 2006

Building Competitive Advantage Through Operations
http://www.exed.hbs.edu/redirects/bcaowk/index.html
HBS Executive Education Program
July 30-August 4, 2006

Advanced Management Program
http://www.exed.hbs.edu/redirects/ampwk/index.html
HBS Executive Education Program
September 4-October 27, 2006

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Umesh Sharma
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 1-202-215-4328 [Cell Phone]

Ed.M. - International Education Policy
Harvard Graduate School of Education,
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