Beware of the hedgehog strategy

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The buildup of business on a core value like hedgehogs might be a recipe for disaster. Find out why

The buildup of business on a core value like hedgehogs might be a recipe for disaster. Find out why

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  • Dear Rajendra- super comment and reminder! Flexibility and order existing together. Yes, it is the flexibility that some companies missed out.
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  • " The essence of my strategy is based on the nature of water, which is at the same time, both ordered and flexible.Be ordered in your approach but flexible in your response." > Miyamoto Musashi [ the legendary Sword Saint and author of "The Book of Five Rings".]author
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  • The Hedgehog and The Fox = a seminal essay by the eminent philosopher > Sir Isaiah Berlin; published in 1951; delineated the Monists from the Pluralists. Jim Collins just re-hashed it for the business world!
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  • @MagdalenaMariaGROSU
    Magdalena- you ended your probing comment with 'Probably the ideal would be move as a Fox, shift as a Hedgehog'. I shall not dwell on the greatness of this part of your comment. I hope readers not only enjoy reading it, but also dive into its great significance.
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  • @RodKing
    Thanks, dear Rod, for your comment and the confidence it extends to me. I know you shall never hibernate for your mind is busy developing valuable models, to which I am addicted. Again, your comment raised my bar of confidence.
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  • 1. Ali Anani
  • 2. I dedicate this presentationto a dear and idea-triggering friend To Guarav Mishra
  • 3. Hedgehog teaches us to focusHave one core valueand use it effectively
  • 4. The fox has never caught a hedgehog
  • 5. Adopting the hedgehogstrategy mightsend business in chaos
  • 6. The thorns serve the system andthe system serves the thorn. Theywork together and serve eachother. The ball shape reduces theoutside area and the thorns targettheir enemy better. It is the wholein the thorns and thorns in thewhole. But
  • 7. That is NOT enough
  • 8. Hedgehogs knowhow to curl up.They still need toknow when toopen up
  • 9. Residual fearkeep hedgehogs in the stressing ball form
  • 10. So areorganizations
  • 11. Fear closes organizations up fromemerging opportunities if it lasts long.Fear also stresses the organization
  • 12. The bullet proof
  • 13. Kodak did not failbecause it missed thedigital age. It actually http://www.forbes.com/sites/avida n/2012/01/23/kodak-failed-by-invented the first asking-the-wrong-marketing-digital camera in 1975. question/However, instead ofmarketing the newtechnology, thecompany held back forfear of hurting itslucrative film business,even after digitalproducts werereshaping the market.
  • 14. Kodak bosses buriedtheir heads in thesand of hibernation.The crystal quartzturned into sinkingsand
  • 15. It is not enough to roll up inpast success
  • 16. It is moreimportant toavoid theirrelevance ofthe corebusiness
  • 17. The Other Side of Innovation Business tend to wrap up in the ball of past successesPhysical Trap Strategic Trap Psychological Trap
  • 18. Avoid the trap ofpast successes
  • 19. http://tommakau.com/2011/03/30/why-great-companies-fail/
  • 20. Successful Hibernation
  • 21. Hedgehogs hibernate Stress of defending strains the body and it shows symptoms of hibernation Businesses do Stress of defending strains companies
  • 22. Business Is like A hedgehog: Hibernation is notthe solutionHaving one core strategy is unforgivable unlessthe company has high adaptability; elsehibernate and die like a hedgehog
  • 23. When do hedgehogs hibernate? The timing of hibernation does depend on many things including theweather. When it gets very cold, they will hibernate (if they are fit and fat enough) because their naturalfood disappears in the cold weather.
  • 24. Likewise; companieshibernate in thechilly winter of demand retraction
  • 25. No hibernation Winter hibernation Full hibernation
  • 26. Do not scare the customers. Thisway they might curl up and pointtheir gulls towards youFearful customers will see you as athreat
  • 27. Having a core business is NOT enough for growth or survivalLearning from the past to shape the future is the solution