Strategy+Business – August 2019

stra tegy +bu sine ss^ is sue^ 96 78 nologies, the employees who are most at risk, and the businesses that have the most to gain ...

79 flag his or her intention to completely switch careers and be employed outside the financial industry. Ideally, individual wo ...

stra tegy +bu sine ss^ is sue^ 96 80 focus on their new direction and reassures them that it will work out. Finally, workers’ da ...

81 (which rise dramatically if employees can’t meet their new job requirements) to employee outlook and motivation. The quality ...

stra tegy +bu sine ss^ is sue^ 96 82 Set up a communications team, publishing success stories on a multimedia platform, and comm ...

83 Resources Mike Fenlon and Sarah McEneaney, “How We Teach Digital Skills at PwC,” fitness app and its uses for customized fast ...

fea tur e (^) tec h (^) & (^) in no va tio n 84 ...

Illu str atio n^ b y^ N eil^ We bb A large auto manufacturer asked a consulting firm to evaluate its competitive position in rel ...

stra tegy +bu sine ss^ is sue^ 96 86 Sundar Subramanian [email protected] is an advisor to executives in the healthcare ...

87 century tradition continues to be propagated by business schools, internal plan- ning groups, and strategy consultants. Even ...

stra tegy +bu sine ss^ is sue^ 96 88 companies are investing in renewable energy as a hedge against constraints on emissions. Am ...

89 This type of flywheel makes a company attractive to consumers. When a few leaders dominate their industries this way, consume ...

stra tegy +bu sine ss^ is sue^ 96 90 lower prices. The components of the flywheels include positions or features that encourage ...

91 on the basis of customer convenience and fees. It sent DVDs out by mail and didn’t require return by a specified date, and re ...

stra tegy +bu sine ss^ is sue^ 96 92 retailer for books, outcompeting traditional brick-and-mortar retailers such as Barnes & ...

93 2019), it is clear that Peloton continued to adapt to market realities and opportu- nities against conventional thinking, cre ...

stra tegy +bu sine ss^ is sue^ 96 94 It’s helpful to consider the process of strategy formulation, planning, and execution as a ...

95 cluding competitive insights, market drivers, technology advances, regulatory or policy changes, and other market changes and ...

stra tegy +bu sine ss^ is sue^ 96 96 Simulating the strategic game. This phase involves building a dynamic simulation of the str ...

97 Evaluating the strategic game. When the simulation model is run, it gen- erates hundreds of thousands of scenarios due to the ...