Can’t wait for September 4th!
Every fall I have the great pleasure of teaching Strategic Management (STR3600) at BI – Norwegian Business School. The course is a torrent of ideas, perspectives and discussions on strategy. Dicussing emerging trends, new business models and new technology services, I’m learning as much as the students.
This year we will feature Telenor, Facebook and Spotify as key learning cases. Hearing the students’ views on how Spotify will change the world, how Telenor will change banking and how Facebook will become a plattform for nearly everything is, well, priceless.
Can’t wait to get started.
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Statoil ASA and Snøhetta Design are listed as Norway’s two most innovative companies*Now, Finn.no is aiming to top both of them for the title of “one of the world’s most innovative companies”. Finn.no has a long history of innovation. The … Continue reading
“They are trying to survive,” said one analyst “They can’t continue like this.”
“This is harder than we thought and we’re having to make deeper changes,” says CEO Elop.
Question is; what would you do?
Preparing this fall’s Strategy courses at BI - Norwegian Business School. And Nokia will be one of the case studies. But rather than using HBR cases, we use the real world. Few cases are better than Nokia and its on-going struggles. This Bloomberg article lays out a great analysis.
Last Friday marked one of the biggest moments in this generation’s tech investments: Facebook IPO.
People will argue whether it’s a bubble or not; only time will tell. But what is a fact, is that Facebook – so far – is one of the biggest success stories of our times.
- The third biggest IPO ever (after VISA and General Motors)
- The largest tech IPO ever
- The largest IPO ever by an 8 year old company
Add to that, Facebook has a very interesting business model in the making as ”Facebook is now a platform for everything”; and the case can be made for Facebook’s P/E ratio and beyond.
Anyway, Friday’s numbers are so amazing, they are worth really looking at. NY Times’ Dealbook has done a great visualization on them. See the full version here.
A glimpse in history (from Businessweek) should serve as inspiration for future entreprenurs.
Palo Alto, Calif.
In the spring of 2004, Zuckerberg didn’t know he was hatching a hot social-networking startup. He just thought Harvard should have an online directory of students. His first attempt landed him in hot water with the administration — he ranked all students’ ID photos based on attractiveness. His second try made him a Silicon Valley wheeler and dealer.
Selling banner ads to make money, the Facebook connects students with one another. Originally, Zuckerberg fretted over the $85 a month it cost to run. Today, Facebook has raised more than $13 million from Silicon Valley names like PayPal founder Peter Thiel and Accel Partners.
Zuckerberg needn’t worry about getting brushed aside in favor of seasoned management — the gutsy Harvard dropout negotiated a contract with investors that left him in control as long as he wants.
“Do what you think is right, not what other people tell you is right. People have strong opinions about the way to do stuff. It’s really good to listen and learn from the world, but when you’re making something, it’s coming from you.”
The team. Year one.
Facebook is one of the companies we follow closely. As a leader in the social space and one of the success stories of our generation, many executive teams and aspiring leaders can learn from it.
This NY Times article reveals how Facebook is buying talent to drive its strategy. In the creative economy; ideas, talent and innovation drive strategy. Not the other way around. Recommended.
BTW; notice the speed…how long does a M&A process typically take at your firm?
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(Update: I’ve updated this blogpost with further reflections) Today my International marketing students had their first of four exams this spring. Today’s case: Moods of Norway. Today I got to see some great thinking and good presentations from both the … Continue reading
“In strategic thinking, we have learned that there is no such thing as a mature industry: there is only an industry to which imagination has yet to be applied” – Steven Denning I’m researching material for my upcoming strategy class. … Continue reading
Sony, Kodak, Dell, HP, SAS, Panasonic, Microsoft……All great firms – or rather former great firms. Today they are all struggeling to adapt to quickly changing (disrupted) marketplaces.
I just came across this article laying out another great examples of how “great firms go bad”. Read Sayonara Sony: How Industrial, MBA-Style Leadership Killed a Once Great Company. Also recommended to check out the author’s, Adam Hartung’s, blog.
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The Jan 14th issue of The Economist published a truly excellent article on disruptive innovation and change management. We’ve long known of Kodak´s troubles. But few mainstream newspapers or magazines have written such an insightful piece as this. Kodak was, … Continue reading
Book stores, banks, grocery stores, travel agents, clothing stores are all facing digital disruptions. Some cling on to out-dated business models (yes, we call them Dinosaurs), while others try to adapt.
We’ve covered the tortoise-like Norwegian book industry and the less than stellar bank industry in previous blog posts.
This week Businessweek writes a brilliant piece on the demise of Borders. Once the world’s largest book retailer, now out of business. The story covers one company. But the lessons are valid for most firms struggling with digital disruptions. Most managers will learn from reading The End of Borders and the Future of Books.
Update: If you haven’t already read it, we recommend the following two pieces. Why Software is Eating the World and The Great Tech War of 2012.