Management and Organizational Studies 4410A/B Study Guide - Global Financial System, Harvard Business Publishing, Process Engineering

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 4410A/B
• Professor: Raymond Leduc

Document Summary

Companies didn"t always have strategies started in the 60s & 70s: companies had a way of thinking in a systematic and integrative way about cost, competitors. Henderson founded the boston consulting group first began to put forward those ideas. Strategy has succeeded all companies have a strategy now, they are installed and developed further. After henderson, bill blaine (his best salesman) picked up the ball and left bcg and formed his own and customers company. Michael porter introduced strategies into academics revolutionized it at hbs. 90s process engineering and reengineering, thinking systematically about globalization and migrated down to industry by industry level (more granular) Tom peters you can"t just have strategy based on numbers you have to think about the people. Today the strategy people and people people are merging. Fred gluck at mckinsey: became a rocket scientist they wouldn"t assign him to consulting projects, said the company wasn"t delivering in value and they re-assed their strategy.