Strategic Intent

Gary Hamel, C. K. Prahalad

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English

Harvard Business Review Press
22 June 2010

Business strategy; Management & management techniques

Series: Harvard Business Review Classics

In this McKinsey Award-winning article, first published in May 1989, Gary Hamel and C.K. Prahalad explain that Western companies have wasted too much time and energy replicating the cost and quality advantages their global competitors already experience. Canon and other world-class competitors have taken a different approach to strategy: one of strategic intent. They begin with a goal that exceeds the company's present grasp and existing resources. Then they rally the organization to close the gap by setting challenges that focus employees' efforts in the near to medium term. Year after year, they emphasize competitive innovation—building a portfolio of competitive advantages; searching markets for 'loose bricks' that rivals have left underdefended; changing the terms of competitive engagement to avoid playing by the leader's rules. The result is a global leadership position and an approach to competition that has reduced larger, stronger Western rivals to playing an endless game of catch-up.

By: Gary Hamel, C. K. Prahalad
Imprint: Harvard Business Review Press
Country of Publication: United States
Dimensions: Height: 165mm, Width: 107mm, Spine: 11mm
Weight: 90g
ISBN: 9781422136546
ISBN 10: 142213654X
Series: Harvard Business Review Classics
Pages: 112
Publication Date: 22 June 2010
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Gary Hamel is visiting professor at London Business School and cofounder of The Management Innovation Exchange. His latest book is What Matters Now. C.K. Prahalad was the Paul and Ruth McCracken Distinguished University Professor of Strategy at the University of Michigan's Ross School of Business. He wrote this article, his 16th for HBR, before he passed away, on April 16, 2010.

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Strategic Intent

Gary Hamel, C. K. Prahalad

$23.95

Paperback

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