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Excellence in Strategies and Innovation: Returning Businesses to Profitability and Growth

Jun 05, 2012 05:30pm - Jun 05, 2012 09:00pm
(GMT-05:00) Eastern Time (US & Canada)

Event Type: Horizon Series

Description

 

AMCF Horizon Series Event for Strategy Practitioners:

 

“Excellence in Strategies and Innovation:

Returning Businesses to Profitability and Growth” 

 

Tuesday, June 5, 2012

5:30pm - 9:00pm

Wine, beer, soft drinks and food will be served.   

 

 

Hosted by:

 

 

 

In a world of slow economic growth and the seeming inability among many corporations to plan for the long-term, two prominent business thinkers and writers - Richard Rumelt and Michael Raynor - argue that the decline in the art and science of strategy and innovation is at the heart of many of these problems. Faced with demands from Wall Street for almost immediate ROIs and overburdened with an increasingly complicated regulatory and legal landscape, most business leaders make strategy and innovation subservient to pure financial goals. They ignore the fact that these two drivers - strategy and innovation - have long been the hallmark of U.S. corporate strength and the engine of wealth and prosperity.

In his new book, Good Strategy Bad Strategy: The Difference and Why It Matters , Richard Rumelt argues that the heart of a good strategy is insight — into the true nature of the situation, into the hidden power in a situation, and into an appropriate response, thus going beyond the superficial to address hard questions with honesty and integrity. Today's strategists and leaders too often use "cookbooks" and pat answers in place of hard analytical work and visionary out-of-the-box thinking.

Michael E. Raynor, author of The Innovator’s Manifesto: Deliberate Disruption for Transformational Growth, is likewise concerned that many C-suite executives confuse "managing" risk with "eliminating" risk, preferring to make small step-changes to existing business models and products and avoiding risky, but many times powerful and financially rewarding disruptive changes over the longer term. If innovation drives growth as Michael maintains, then this unfortunate trend will inevitably result in slow or no growth in the years to come.
 
As always, a panel of "practitioners" - Eric Armour of Xerox Corp. and Wayne Cooper, the Chairman of Chief Executive Group - will discuss just how implementable Michael's and Richard's ideas and concepts are. The session will be moderated by Tom Stewart of Booz & Company and we expect a highly stimulating and energetic event.  


Wine, beer, soft drinks and food will be served.

 

Speakers and Moderator (Click here for bios): 

 

 

 

 

Location:

Ernst & Young

5 Times Square

(7th Avenue between 41st and 42nd Streets)

New York City

 

Fees:

AMCF Members: $95

Non-members: $175

 

 


Early registration ends on Apr 01, 2012.
Regular registration starts on Apr 02, 2012 and ends on May 31, 2012.
Late registration starts on Jun 01, 2012.
All times are 12:00am (GMT-05:00) Eastern Time (US & Canada).
 

 


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