Strategy and Management in an information rich environment - BI Day, Stockholm, 2016
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A 45 min key note lecture at the Advectas BI-day in Stockholm, 2016
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Strategy and Management in an information rich environment - BI Day, Stockholm, 2016
- 1. Strategy and Management in an Informa1on Rich Environment Pontus Wadström A Real Movement Advectas Business Intelligence Day, 20160414
- 3. Purpose of this lecture Contribute with new ideas and thoughts on informa1on, knowledge and compe11ve advantage
- 4. Agenda • Strategy and compe11ve advantage • Management and aLen1on • Informa1on and knowledge • Conclusions
- 5. ” 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
- 6. 1945 End of WWII 1973 Oil crisis 1991 WWW 2001 IT-‐bubble bursts Wadström, 2014 2008 Lehman Brothers 1me
- 8. Smart as a Compe1tve Advantage
- 9. Agenda Exponen1al Growth of Informa1on
- 10. Time Value of Informa1on Amount of Informa1on Satura1on of Informa1onal Value
- 11. ”…a wealth of informa0on creates a poverty of a?en0on and a need to allocate that a?en0on efficiently.” Simon, 1971
- 12. Stable vs. Dynamic Aligned vs. Adjusted Correct vs. Graspable Wadström et al., forthcoming Informa1on Paradoxes in Managing
- 14. 20 % Affects 80 % Ac1vators Behavior Consequens A B C 80 % Used 20 % Planning Learning Braksick, 2007
- 15. 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
- 16. Pontus Wadström pontus@arealmovement.com +46760-‐550010 arealmovement.com #A_Real_Movement hLps://se.linkedin.com/in/pontuswadstrm Thank you for your 1me and effort!