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|Wednesday, July 27, 2011|
I just read one of the most important short papers on corporate strategy, published by McKinsey Quarterly. In "The Perils of Bad Strategy," Richard Rumelt explains common errors in developing corporate strategy. It's based on his forthcoming book.
The hallmarks of bad strategy, he says, are:
If you're corporate strategy resembles these hallmarks of failure, read Rumelt's final section on the kernel of good strategy. It will get you headed in the right direction. Then, at every step, review the potential mistakes, and ensure that you're not making them.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.