![]() Some such as the Boston Consulting Group have gotten close to discovering promising models, but with the changing corporate environment, the frameworks have later proven to be highly complex in execution. Management scientists across the globe have been racking their brains to find the principles that define the best approach to corporate planning. The song on the importance of strategy has been sung a trillion times, but the definition of what makes a winning strategy remains vague. It is through desperation for a winning strategy that major corporations such as Deutsche Bank and Wells Fargo have found themselves drifting into the deepest pits of trouble. ![]() With the explosion of technology-driven competition, there is no time in history like now, when businesses are yearning to find a sustainable strategy to help them stay afloat in today’s stormy waters. Written By: Stephanie Williams – Corporate FinanceĪs Jim Rohn, the American entrepreneur and motivational speaker, once said, the key to success in every venture is 20 percent skills and 80 percent strategy. ![]()
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