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Articles by Sotirios Paroutis
Three steps for firms to achieve strategic agility
Corporate history is full of examples of companies that failed to change when required. This may be because they ignoring or failing to notice market signals. Alternatively, they may simply be unable to implement transformation. The list of casualties includes former market leaders Xerox, Blackberry, Kodak, and Blockbuster. Once-dominant companies, they no longer exist or are a shadow of their former self.
How have open innovation and 'pirates' transformed NASA?
Strategy and Organisational Change In its early decades from the 1960s onwards, NASA’s business model was traditional, insular and hierarchical. There was no dedicated space-venturing expertise available in the commercial sector. The agency worked closely with selected external suppliers who provided hardware to exact specifications and helped to develop the technologies the agency needed.
Three reasons why your strategy isn't working
The WBS website uses cookies. By continuing to browse this site, we will assume that you consent to the use of cookies in line with our cookie policy. WBS News Search by month Older News WBS Blogs Latest Blogs 26 October 2021 Core Insights: Strategy By Sotirios Paroutis Why is it that while all firms have strategies, some are more successful than others? Certain firms do have a first-mover advantage in offering services and products to their customers and extracting value that competitors cannot.
How to evaluate the social impact of your AI strategy
06 August 2020 By Luciano Oviedo and Sotirios Paroutis The range of topics discussed at the big tech antitrust hearings on Capitol Hill in Washington in July, from the regulation and censorship of speech to the commercial exploitation of user data, highlighted the pervasive impact on our lives of many emerging digitally-enabled technologies.
Five steps to recover from disruptive innovation
17 July 2020 By Sotirios Paroutis and Luciano Oviedo Cisco Systems had a problem on their hands. In 2009, cloud computing technologies had been around for a while and companies like Cisco were quite happy to supply providers of hardware and some of the software needed to run it – but this was a world of private clouds – one company hosting and running their own data centre.
Four practices to integrate design thinking into strategy
22 June 2020 By Sotirios Paroutis Consultants McKinsey found that out of 300 listed companies over five years those with the best design practices achieved 32 per cent higher revenues and 56 per cent higher returns for shareholders. The rise of design has seen it move out of its department to scale the heights of some of the biggest firms in the world to move into the c-suite at places like soft drinks giant PepsiCo, Lloyds Banking Group and Dutch conglomerate Philips.
What tools do firms need for open strategy?
01 June 2020 By Christina Wawarta and Sotirios Paroutis Strategy has traditionally been the purview of the CEO and senior executives in an organisation. After weeks of discussion, meetings, conference calls, surveys, research and ‘away days’ the CEO will announce that the company has a new strategy and present a 30-page document for staff to digest. Once read, or shoved in a draw, employees then return to their work safe in the knowledge that the company has a strategy.
How to use PowerPoint to develop strategy
01 October 2019 By Sotirios Paroutis There can be few executives involved in organisational strategy work who have not used PowerPoint, or some similar visual device. In fact, PowerPoint, invented in 1990 and with more than one billion users, is so popular it has experienced something of a backlash. Some organisations, notably Amazon, for example, have forbidden or discouraged its use, and then there is the widely discussed "death by PowerPoint" phenomenon.
Livening things up - can Twitter stay afloat through new innovations?
Livening things up — can Twitter stay afloat through new innovations? Another day, another round of disappointing results for Twitter. The past six months have been turbulent for the social media platform. In its latest round of quarterly results, it reported a net loss of US$90m for the last three months of 2015. Its share price has dropped to US$14.98 – the lowest level since its IPO almost two years ago.
Livening things up - can Twitter stay afloat through new innovations?
Another day, another round of disappointing results for Twitter. The past six months have been turbulent for the social media platform. In its latest round of quarterly results, it reported a net loss of US$90m for the last three months of 2015. Its share price has dropped to US$14.98 – the lowest level since its IPO almost two years ago.
Practicing Strategy: Text and Cases
McGraw-Hill. An insightful inves tigation of one of the world’s leading airlines, Singapor e Airlines, and a number of strategy fr ameworks, including the ESCO model which we examined in Section 1.4. Papers : F or four enc ompassing sets of theor etical and empirical papers on the str ategy-as-practice perspective y ou can look at the f ollowing special issues: Management Annals , 6(1), 285–336.
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