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Strategy and Management in an Informa1on Rich Environment
Pontus Wadström A Real Movement
Advectas Business Intelligence Day, 20160414
Purpose of this lecture
Contribute with new ideas and thoughts on informa1on, knowledge and compe11ve advantage
Agenda
• Strategy and compe11ve advantage
• Management and aLen1on
• Informa1on and knowledge • Conclusions
” Strategy is the determina0on of the basic long-‐term goals of an enterprise, and the adop0on of courses of ac0on and the alloca0on of resources for carrying out these goals. ”.
Chandler, 1962
1945 End of WWII
1973 Oil crisis
1991 WWW
2001 IT-‐bubble bursts
Wadström, 2014
2008 Lehman Brothers
1me
Big Best
Beau1ful Fast
Wadström, 2014
Smart as a Compe1tve Advantage
Agenda Exponen1al Growth of Informa1on
Time
Value of Informa1on
Amount of Informa1on
Satura1on of Informa1onal Value
”…a wealth of informa0on creates a poverty of a?en0on and a need to allocate that a?en0on efficiently.”
Simon, 1971
Stable vs. Dynamic
Aligned vs. Adjusted
Correct vs. Graspable
Wadström et al., forthcoming
Informa1on Paradoxes in Managing
informa1on vs. intelligence
20 % Affects 80 %
Ac1vators Behavior Consequens
A B C
80 % Used 20 %
Planning Learning
Braksick, 2007
Iden1fy opportuni1es and threats
”What is the challenge”
Analyze and define the causes
”What does the challenge really look
like?”
Generate and formulate alterna1ve solu1ons
”How can we adress and measure the challenge?”
Decide on a solu1on
”What are we going to do to manage the
challenge?”
Implement and realize chosen solu1on
”What ac0vi0es, when, who is responsible?”
Evaluate and reflect upon the results
”What consequenses did the solu0on yield??”
Feedback to organiza1on and adjust for the future
”How can we imporove for the next 0me?”
Wadström et al., 2016
Pontus Wadström [email protected] +46760-‐550010 arealmovement.com #A_Real_Movement
hLps://se.linkedin.com/in/pontuswadstrm
Thank you for your 1me and effort!
