Rita Gunther McGrath

Nov 29, 2024 | dialoguereview.com | Rita Gunther McGrath

Scenario development labs help innovators make the case for investmentLike the center of the earth, the core of any business exerts a powerful gravitational pull. Those trying to reinvent a company often struggle against its forces. That is why asking those at the core to heed the future is crucial. Often, such prompting requires startling and symbolic action. I worked with the head of strategic innovation for a global firm in an industry undergoing a fundamental transformation.

Feb 20, 2024 | dialoguereview.com | Rita Gunther McGrath

An old climate problem shows that global action is possible. Fall was full. Conferences, meetings, and gatherings of all kinds peppered my calendar. While the locations were diverse, the conversations held a common thread: the specter of the climate crisis. We are seemingly past denial, yet the world remains unsure how to act. Who makes sacrifices? And who pays the check? Climate is an enduring and daunting challenge.

Nov 15, 2023 | dialoguereview.com | Rita Gunther McGrath

Sometimes the best answers are so obvious you overlook them. Are you struggling to find a creative solution to a stubborn problem? Often, the answer you seek resides outside your own field. These five ideas might help. Born in 1907 in a small Swiss town, George de Mestral was an inventor from an early age. On a 1941 hunting trip, he noticed that his trousers were covered in hard-to-remove burs from a burdock plant.

Oct 24, 2023 | journals.sagepub.com | Rita Gunther McGrath

Get full access to this articleView all access and purchase options for this article. ReferencesBarney J. B. 1986. Strategic factor markets: Expectations, luck, and business strategy. Management Science, 32: 1231-1241. Baumol W. J. 2002. The free-market innovation machine: Analyzing the growth miracle of capitalism. Princeton, NJ: Princeton University Press. Blank S. 2013. Why the lean start-up changes everything. Harvard Business Review, 91: 63-72. Blank S. 2018. NewTV is the antithesis of a lean startup.

Aug 22, 2023 | audiobooks.com | Rita Gunther McGrath

Are you at risk of being trapped in an uncompetitive business? Chances are the strategies that worked well for you even a few years ago no longer deliver the results you need. Dramatic changes in business have unearthed a major gap between traditional approaches to strategy and the way the real world works now. In short, strategy is stuck.