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Strategy design for your ecosystem business

Boomoon

When it comes to managing a “high-stakes crises”, business leaders can learn some valuable lessons from the Pentagon, writes Ash Carter for Harvard Business Review

The United States Department of Defence employs 2.87 million people around the world and deals with life-or-death situations on a regular basis. 

Your company probably has significantly fewer staff than the Pentagon and your definition of a “high-stakes crisis” probably differs from that of former US secretary of defence Ash Carter. Nevertheless, Carter believes there are certain procedures that, if followed, will help you get any crisis situation under control. 

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Credits:
Source Article: Ecosystem Businesses Are Changing The Rules Of Strategy
Author(s): Julian Birkinshaw