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"McNeilly, Mark"
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Sun Tzu and the Art of Business
More than two millennia ago the famous Chinese general Sun Tzu wrote the classic work on military strategy, The Art of War. Now, in a new edition of Sun Tzu and the Art of Business, Mark McNeilly shows how Sun Tzu's strategic principles can be applied to twenty-first century business.
eBook
Sun Tzu and the Art of Business
This work applies the ancient art of Sun Tzu to the world of business. It is intended for business managers.
eBook
Sun Tzu and the Art of Business
To hand down the wisdom he had gained from years of battles, more than two millenia ago the famous Chinese general Sun Tzu wrote the classic work on military strategy, The Art of War. Because business, like warfare, is dynamic, fast-paced, and requires an effective and efficient use of scarce resources, modern executives have found value in Sun Tzu’s teachings. But The Art of War is arranged for the military leader and not the CEO, so making connections between ancient warfare and today’s corporate world is not always easy. Now, in Sun Tzu and the Art of Business, Mark R. McNeilly shows how Sun Tzu’s (or ‘the revered general’s’) tactics and strategies can be successfully applied to modern business situations. Here are really two books in one: Mark McNeilly’s synthesis of Sun Tzu’s ideas into six strategic principles for the business executive plus the entire text of Samuel B. Griffith’s original translation of The Art of War. McNeilly explains how to gain market share without inciting competitive retaliation (`Win All Without Fighting’), how to attack a competitor’s weak points (‘Avoid Strength and Strike Weakness’), and how to maximize the power of market information for competitive advantage (‘Deception and Foreknowledge’). He also demonstrates the value of speed, preparation, and secrecy in throwing the competition off-balance, employing strategy to beat the competition (‘Shape Your Opponent’), and the need for character in successful leaders. In his final chapter, McNeilly presents a practical method to put Sun Tzu and The Art of Business into practice. By using modern examples throughout the book from GE, Microsoft, Kmart, MTV, Otis Elevator, FedEx, and many others, he illustrates how, by following the wisdom of history’s most respected strategist, executives can avoid the pitfalls of management fads and achieve lasting competitive advantage. Even though down-sizing continues to increase corporate competition, and new technology constantly changes the playing field, the basics of business and strategy remain essentially unchanged. Sun Tzu and the Art of Business illuminates the fundamental strategic principles, providing lessons every manager must know to succeed today.
eBook
Gathering information for strategic decisions, routinely
Leaders at all levels of the company need to institute a simple but effective routine for collecting the information needed to take strategic action. This article explains how to make that process pervasive and suggests some specific tools to help it work effectively in your organization. There are three basic steps to strategic decision-making: getting the right information, making a good decision and then implementing that decision. Success in the information stage translates into knowing the types of information needed to make the decision, finding it, and transmitting it quickly to the decision-makers. The information required falls in three categories: knowledge about the competition, knowledge about your own company, and knowledge about your marketplace. It is not enough to merely gather the information; an infrastructure must be in place to ensure that market information is getting back to the decision-makers. Get the decision-makers together regularly to close on important issues. Critical to making better decisions is to identify alternative courses of action rather than simply one proposal. In addition to basic strategic planning there are two ways to experience making decisions under simulated conditions: wargaming and scenario planning. Regularly tracking the successful implementation of decisions made is a key method of ensuring action.
Journal Article
IBM's Think strategy - melding strategy and branding
When operations are consolidated to simplify product lines and to gain efficiencies in practices and marketing, can the brand identities also be consolidated? This was the question that IBM PC Division marketers faced. This article explores their approach to answering it. Key factors addressed by the team tasked with this project, included: value is moving beyond just providing products to providing value that improves the customer's business; branding and business strategy are inextricably linked; and look for opportunity out of adversity. This was the chance to meld several disparate brands into a family. Strategically this reenergized IBM in the personal computer space and enabled them to send a new message to the marketplace. Tactically this improved marketing communications efficiency because the investment supported a single message and family of offerings.
Journal Article
Case study: IBM's Think strategy - melding strategy and branding
When operations are consolidated to simplify product lines and to gain efficiencies in practices and marketing, can the brand identities also be consolidated? This was the question that IBM PC Division marketers faced. This article explores their approach to answering it. Key factors addressed by the team tasked with this project, included: value is moving beyond just providing products to providing value that improves the customer's business; branding and business strategy are inextricably linked; and look for opportunity out of adversity. This was the chance to meld several disparate brands into a family. Strategically this reenergized IBM in the personal computer space and enabled them to send a new message to the marketplace. Tactically this improved marketing communications efficiency because the investment supported a single message and family of offerings. [PUBLICATION ABSTRACT]
Journal Article