the mind of the strategist
DESCRIPTION
A Book Seminar on the summary of the Book - The Mind of the Stategist by Kenichi OhmaeTRANSCRIPT
The Mind of the StrategistThe Art of Japanese Business
Author: Kenichi Ohmae- Presented by Salil Deshmukh
AgendaAbout the Author
Main Theme
Structure
Evaluation
Application to MIS
Key Takeaways
Questions
Kenichi OhmaeMr. Strategy
PhD in Nuclear Engineering from MIT
Founder & MD, Ohmae & Associates
Senior partner in McKinsey & Company Inc.- 23 yrs
Main Theme
How Build Successful Strategies
To Kill Competition
To WINTo Make profit
Main Theme
BUSINESS BATTLEFIELD
StructureThe Art of Strategic Thinking
Four Routes
Building Successful StrategiesThe Strategic Triangle
Modern Strategic RealitiesStrategic ChangeJAPAN – an Insight
Strategic ThinkingCreative thought process
“Wild Ideas”
Intuitive thinking rather than rational thinking
Drive for achievement
Four RoutesFocus on Key Success Factors
Building on Relative Superiority
Pursing Aggressive Initiatives
Exploiting Strategic Degrees of Freedom
The Strategic Triangle
Corporation
Competitor
Customer
COST
Valu
e ValueProduct/Service Differentiation
Strategic ChangeEra of Giant Enterprise
SMART
DUMB
P
L
A
N
Analysis
Template Strategy
P
A
N
T
L
Workers
Strategic Change
Corporation
Execution
Strategy
Results
Era of Activated Enterprise
The Trinity
Strategic ChangeEra of Activated
EnterpriseFeatures
Brain – “ Strategy” & Muscle – “ Execution” in Organization are properly aligned
Some Common Characteristics Offer Job SecurityTenure Based PromotionInternal DevelopmentEncourage Employee ParticipationEg: Toyota, Hitachi
Japan – An InsightImpact of World War II
Concept of Corporation“ A sha-in ( meaning member not employee) feels like he is married to the company for life, and believes their fortunes rise and fall together”
Hard work
No Peter Principle !
Analysis & EvaluationStrengths
Very Well Structured
Nice diagrams and models
Comprehensive perspective to understand Strategy
Application to MIS
Information System Strategy Triangle conforms to the Trinity triangle
Techniques like the Four Route to be used to build successful business, corporate and IS Strategy
Key TakeawaysWithout competitors there is no need for
strategy
The purpose of business strategy is to cause events to favor your strengths.
Address the problem, not the symptoms.
Think like an entrepreneur, but think.
Thank You !