{"title":"Three scenarios of the United States’ future – 2022 to 2050","authors":"Bill Ralston","doi":"10.1108/sl-07-2022-0077","DOIUrl":"https://doi.org/10.1108/sl-07-2022-0077","url":null,"abstract":"\u0000Purpose\u0000The author develops three U.S. scenarios to enable practitioners to gain a new mental model of the future from 2022 to 2050 by analyzing the uncertainties around major issues.\u0000\u0000\u0000Design/methodology/approach\u0000The process has two elements: the predictable developments and the scenarios of possible extreme outcomes of major uncertainties. Five steps to create a mental model for how the United States could evolve out to 2050 are mapped out.\u0000\u0000\u0000Findings\u0000“The development that defines the ‘Socially Divided’ scenario is China’s brutal nationalism and displacement of the United States as the world’s number one superpower.’ 10; 10;‘The signature event of the ?Security United’ scenario is the global depression from 2026 to 2035 brought on by China’s collapsing economy.’ 10; 10;?China and the U.S. remain neck and neck in the global competition for economic power throughout the ‘Economy Focused’ scenario.” 10\u0000\u0000\u0000Research/Limitations/Implications\u0000Supplementary data is included with the online version of the article.\u0000\u0000\u0000Practical/Implications\u0000Immersing ourselves in realistic narratives of the future helps us sidestep our inclination to go with what we’ve done in the past.\u0000\u0000\u0000Originality/Value\u0000A unique look at three plausible futures of the U.S. from 2022 to 2050. Every company should immerse itself in the scenarios to anticipate distinctly different future business environments. The article also serves as a learning model for scenario development.\u0000","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117332332","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Why customer primacy must become the driver of performance at JP Morgan","authors":"S. Denning","doi":"10.1108/sl-07-2022-0075","DOIUrl":"https://doi.org/10.1108/sl-07-2022-0075","url":null,"abstract":"\u0000Purpose\u0000Investors balked when JP Morgan Chase bank planned to spend heavily on technology. They understood that to succeed in digital, JPM needs to base its strategy on what unique benefits customers will get now and in the future from its digital banking services.\u0000\u0000\u0000Design/methodology/approach\u0000JPM must rethink how banking can be re-invented to improve customers’ lives, using the new capabilities of digital.\u0000\u0000\u0000Findings\u0000Because of its lack of a customer focus, JPM’s market capitalization is not only growing more slowly than the tech giants, it is growing even more slowly even than the average S%P 500 company.\u0000\u0000\u0000Practical/implications\u0000The lesson is that companies with a customer primacy mission statement and a supporting, well designed investment strategy, out perform their peers.\u0000\u0000\u0000Originality/value\u0000The article links customer primacy mission statements, future oriented tech investment strategies and successful corporate growth.\u0000","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122568574","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Rethinking business transformation: how multiple technologies interact with intelligent workflows to produce exponential value","authors":"Jacob Dencik, Anthony Marshall","doi":"10.1108/sl-06-2022-0066","DOIUrl":"https://doi.org/10.1108/sl-06-2022-0066","url":null,"abstract":"\u0000Purpose\u0000IBM IBV research shows that interactions between several new digital technologies and between these technologies and other organizational capabilities enable and drive the business value needed for successful transformation.\u0000\u0000\u0000Design/Methodology/Approach\u0000Organizations should first identify the high value workflows and focus on what it takes to transform them.\u0000\u0000\u0000Findings\u0000IBM IBV analysis found that if an organization excels at implementing four key elements of transformation together with an integrated set of digital technologies, the revenue impact of a dollar invested is as much as 13 times greater than the revenue impact of a single technology such as cloud alone.\u0000\u0000\u0000Practical/implications\u0000Workflows provide an end-to-end perspective of what scaled transformation will look like while enabling identification of appropriate areas of immediate transformation.\u0000\u0000\u0000Originality/Value\u0000This paper especially valuable to practitioners and academics because it is sourced from multiple recent large-scale C-suite executive surveys conducted by the IBM Institute for Business Value, working in collaboration with Oxford Economics.\u0000","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"131 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121563340","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Into the eXperience-verse: the strategic frontier of cloud business innovation and value co-creation","authors":"V. Ramaswamy, K. Narayanan","doi":"10.1108/sl-06-2022-0061","DOIUrl":"https://doi.org/10.1108/sl-06-2022-0061","url":null,"abstract":"\u0000Purpose\u0000The authors introduce readers to the eXperience-verse revolution, the next strategic frontier of cloud business innovation and value co-creation.\u0000\u0000\u0000Design/methodology/approach\u0000The eXperience-verse revolution unfolds concurrently with the evolution of the digital technologies and as enterprises learn to harness them and create greater and more unique, personalized value to all stakeholding individuals-as-experiencers.\u0000\u0000\u0000Findings\u0000Unlike the previous four Industrial Revolutions driven by technology, this new era requires an “experience-first” frame of reference of value creation by every enterprise.\u0000\u0000\u0000Practical/implications\u0000Emerging technologies are leveraged at the moment of engagement between the enterprise and the experiencers?the goal is to engender value to the individual-as-experiencer.\u0000\u0000\u0000Originality/value\u0000As industry clouds now accelerate strategic business innovation of interactive experience ecosystems, a whole new dimension of value-innovation and value-creation is being created - the “eXperience-verse”.\u0000","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128105261","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How to design an organization to enable the implementation of the company’s sustainability agenda","authors":"H. Vantrappen, M. Wagemans","doi":"10.1108/sl-06-2022-0055","DOIUrl":"https://doi.org/10.1108/sl-06-2022-0055","url":null,"abstract":"\u0000Purpose\u0000The nitty-gritty of organizing for sustainability requires carefully defining and assigning the roles and responsibilities for carrying out the activities required to implement the company’s sustainability strategy.\u0000\u0000\u0000Design/methodology/approach\u0000The authors offer a framework to help managers make design choices for their company’s Sustainability organization.\u0000\u0000\u0000Findings\u0000The “sustainability focus” and “organizational philosophy” dimensions can be combined into a grid onto which a company?s position can be mapped.\u0000\u0000\u0000Practical/implications\u0000Should Sustainability be a distinct and integrated function, or combined with another function, or split into subfunctions, or absorbed into the general management of the businesses?\u0000\u0000\u0000Originality/value\u0000Sustainability is a hot topic at the CEO level nowadays and the authors have worked out a practical guide for customizing a company’s implementation agenda and its organizational structure so its program will be effective.\u0000","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"86 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126137007","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Overcoming the preparedness paradox: five initiatives to ready businesses for an uncertain future disruption","authors":"G. Day, R. Dennis","doi":"10.1108/sl-05-2022-0051","DOIUrl":"https://doi.org/10.1108/sl-05-2022-0051","url":null,"abstract":"\u0000Purpose\u0000The crippling lack of attention to potentially apocalyptic alerts also afflicts specific warnings about more common serious threats to the supply chain when there can be no certainty about their occurrence. Instead of mobilizing an organization to prepare for threats, inaction often prevails when leaders filter warning signals through eyes clouded by cataracts of self-deception, myopia and inertia. 10;\u0000\u0000\u0000Design/Methodology/Approach\u0000The corrective to the preparedness paradox: five attention-getting actions that prompt low-cost readiness for potential disruptions.\u0000\u0000\u0000Findings\u0000The route to preparedness starts when the leadership team is collectively curious about anomalies in the business market, emerging technology or social environment.\u0000\u0000\u0000Practical/Implications\u0000Pursuing the significance of an anomaly requires the exercise of curiosity.\u0000\u0000\u0000Originality/Value\u0000The authors offer time-tested ways to improve an organization's attention to potential threats and new opportunities. Their recommended approaches include: learning from good and bad past experience, staying alert to anomalies, narrating credible stories about the future and creating engaging experiences through simulations.\u0000","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122210669","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Richard Rumelt: A “challenge-led” approach to creating effective strategy","authors":"B. Leavy","doi":"10.1108/sl-05-2022-0049","DOIUrl":"https://doi.org/10.1108/sl-05-2022-0049","url":null,"abstract":"","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125405315","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Making the responsibility for practicing sustainability a company-wide strategic priority","authors":"Haynes Cooney, Jacob Dencik, Anthony Marshall","doi":"10.1108/sl-04-2022-0039","DOIUrl":"https://doi.org/10.1108/sl-04-2022-0039","url":null,"abstract":"\u0000Purpose\u0000Recent research conducted by the IBM Institute for Business Value found that 53 percent of organizations will position environmental sustainability as a top business priority by 2024.\u0000\u0000\u0000Design/methodology/approach\u0000The 3000 CEOs in our 2022 CEO study report that the greatest pressure they experience for improved sustainability and transparency now comes from their board, investors and ecosystem partners.\u0000\u0000\u0000Findings\u0000For successful organizations, sustainability is an integral part of the business strategy.\u0000\u0000\u0000Practical/implications\u0000Moving toward a more sustainable enterprise is an opportunity to transform and drive innovation throughout and beyond the organization.\u0000\u0000\u0000Originality/value\u0000While most organizations now have a sustainability strategy, only 37 percent have aligned sustainability objectives with their business strategies. Leading organizations co-create with ecosystem partners in new ways, creating new business platforms, pursuing innovation and aligning sustainability measures.\u0000","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"160 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115898875","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
C. Schuh, Wolfgang Schnellbächer, Alenka Triplat, Daniel Weise
{"title":"Why CEOs need to make supplier strategy and procurement leadership imperatives","authors":"C. Schuh, Wolfgang Schnellbächer, Alenka Triplat, Daniel Weise","doi":"10.1108/sl-04-2022-0038","DOIUrl":"https://doi.org/10.1108/sl-04-2022-0038","url":null,"abstract":"","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129612000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Roger Martin: The power of questioning conventional models in management practice","authors":"B. Leavy","doi":"10.1108/sl-04-2022-0036","DOIUrl":"https://doi.org/10.1108/sl-04-2022-0036","url":null,"abstract":"","PeriodicalId":169963,"journal":{"name":"Strategy & Leadership","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115471405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}