I was working with the board and senior management of a radio station last Friday on their strategy. The inevitable topic of digital disruption came up. It’s clear radio is going to look very different over the next decade, but the question no one can answer is what will it look like and when? Of course there are some principles … Read More
Two approaches to hedge against disruption – using McKinsey’s third horizon
I’m getting a lot of clients talking about disruption at the moment. Both in the business world and in the not-for-profit world. The question on a lot of people’s lips is: “How do we hedge ourselves against disruption?” Now, I am open to the idea that a question like that puts you on the back foot immediately. I hear a … Read More
To make a real decision you have to kill options
I learnt the other day that “decide” and “homicide” come from the same Latin root. “Caedere” is the Latin for “cut”. In “homicide” you cut a person (“homo”, literally a “man”). In “decide” you cut “off” (Latin, “de”). In other words a real decision will involve the cutting off, the killing off, of other options. Strategy is about choice Roger … Read More