Thinking

Easy to say, hard to do: Outside In Strategy

Customer is King, but only until the company gets distracted by other priorities.

This article, aside from belaboring a truism - shows some examples of companies - Dell, Toyota - that lose sight on their reason of being, and run into trouble consequently. And some companies that kept getting right, even during the recession - Amex, GM Electric.

It effectively describes the business GSG is in.

What it doesn't describe is how hard it is to make those trade offs and how to manage a board that is looking for immediate result. And it doesn't acknowledge the fact that there are very few companies that can afford to say: "Find out what they want, we'll figure out a way to deliver it". Using this kind of statement, dummyfies the reality instead of clarifying it.

The reality is that management is about managing paradoxes and conflicts of interest. Often, it is the charisma and leadership qualities of the man at the helm that creates the space for companies to do things "right". A fact based plan and a concrete roll out plan helps. Apologies for the advertising, but that's one thing we're very good at.

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