In the age of AI, corporate strategy must shift from the industrial logic of scale and scope to a modern intelligence logic centered on knowledge and expertise. As a corporate strategist, your challenge is to generate compelling answers to these three questions: 1) What is our portfolio logic' 2) What is our corporate operating model' and 3) What are our unique algorithms' Like constructing a house, you must first secure the foundation (portfolio logic), then design the structure (operating model), and only then install the advanced systems (algorithms)....
Arnoldo Hax, the Alfred P. Sloan Professor of Management Emeritus at the MIT Sloan School of Management and an operations management expert who introduced a customer-centered approach to competitive strategy with his Delta Model, died April 20. He was 87. Hax joined MIT Sloan in 1973 as a member of the Operations Management group. An industrial engineer who believed that management could be improved through rationalization, Hax was an early member of the strategy group at MIT Sloan, and strengthened ties with the School of Engineering. 'He was a big proselytizer for the idea that management can be made more effective,' says Professor Emeritus Michael Scott Morton of MIT Sloan. 'The Delta Model was the synthesis of the factors that he saw as most important in setting a strategy.' Customer bonding is at the heart of strategy; it is 'fundamental' for a company to get to know the customer and provide a unique value proposition from its competitors, Hax said in a 2010 interview with Emerald Publishing....
To 'do well by doing good,' you need a good strategy....
