Strategizing and transformations that impact

A new episode of Podcast "RHETORIK MACHT ERFOLG" moderated by Michael Bennigsen, is online!

Why does strategy fail? Rarely because of a lack of intelligence, rather because of a lack of clarity. This and much more is the topic of this episode “Scharfstellen durch Strategieprinzipien”.  

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A new episode of the SMP LeaderTalks, moderated by Georgiy Michailov, is now live! In this latest episode Professor Hutzschenreuter and Georgiy Michailov talk about the seven principles of a successful strategy and more.

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Episode 4 “Strategy - The Strategy Principle of Change” of the podcast series “Scharfstellen” is now live! In this episode, moderated by Isabel Werdin, Professor Hutzschenreuter discusses the question whether you are sure you know the core of your strategy problem. In fact, many who say yes have never asked this question.

In the forthcoming weeks, new episodes will be released every Wednesday, offering insights from Prof. Hutzschenreuter’s seven strategy principles based on his latest book publication “Scharfstellen–Mit wenigen Strategieprinzipien den eigenen Weg finden” (The English version “Sharper! Charting Your Course with Seven Strategy Principles” to come soon).

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Follow episode 3 on Spotify.

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Follow episode 1 on Spotify.

“A masterpiece of clarity, with actionable strategy guidance for senior business executives and board members.”
Alain Verbeke, Fellow of the Royal Society of Canada, McCaig Research Chair, University of Calgary, Canada.

“This book should become a basis for every MBA strategy course.”
Arie Y. Lewin, Professor Emeritus, Strategy and International Business. Fuqua School of Business, Duke University, USA.

 “Rarely does one find a work that combines intellectual depth with such practical relevance. A must-read.”
 J. Alberto Aragon-Correa, T-Systems Chair of Sustainable Digital Innovation, Professor of Strategy, University of Granada, Spain.

“These principles will continue to guide strategic thinking also in the future, even when AI is increasingly integrated into the strategy process.”
Tomi Laamanen, Chair Professor of Strategic Management, University of St. Gallen, Switzerland.

“Perhaps the greatest service that could be done for senior executives and managers is to make strategy less complicated. Thomas’s book guides any leader and helps any team achieve their true potential.”
Stephen Cummings, University Professor of Strategy and Innovation, Victoria University of Wellington, New Zealand; Author of Strategy Builder: How to Create and Communicate More Effective Strategies, Wiley. 

Book available on Amazon, and as audiobook Spotify.

In management, politics, military, sports: whenever you find yourself in competition, you need a strategy–to reach your goals, to be successful. The problem: very often, you lack a clear view and suffer from overwhelming complexity and increasingly perceived uncertainty. How do you ask the right questions? How do you focus? How do you ensure you find your way? And how do you gain a clear view? Professor Hutzschenreuter demonstrates how you make sense of your lens by applying seven strategy principles. This book demystifies strategy. Practitioners will love it.

What does „Scharfstellen“ give you?

• Destilled strategy knowledge: focus on seven, timeless principles instead of short-sighted management fashions
• Practical relevance: question catalogs and checklists for immediate application–both for single actors and organizations in various contexts
• Winning structure: each chapter follows a simple, engaging structure: analogies, subprinciples, and practical maxims
• Flexible application: for each competitive situation and each context
• Question-based approach: guiding questions instead of inflexible receipts

In their paper "Successfully Mitigating AI Management Risks to Scale AI Globally" Professor Hutzschenreuter et al. describe, based on an in-depth case study of industrial AI pioneer Siemens AG, how to successfully mitigate five critical technology management risks to scale AI globally, and provide recommendations for creating company-wide business impacts with machine learning-based AI systems.

💡 📣 HOW CAN YOU FORMULATE A FITTING AI BUSINESS STRATEGY?

To help practitioners answer this question, Prof. Dr. Thomas Hutzschenreuter and Doctoral Candidate Tim Lämmermann created multiple hands-on frameworks within their recent Academy of Management Perspectives article. Overall, this paper is a systematic guide on how to create fitting AI business strategies with respect to the inherent technological characteristics of machine learning.