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Strategic Transformation - The Challenge of Changing Business Models
16 November 2005
Speaker:
To achieve long-term success, competitive advantage and value adding capacity, business models must change. How, when, why, are the questions posed for managers of strategy. Very little is known about transformational strategies and how they are managed over long periods of time. Most studies of strategy have focused on routine strategies and the strategic management of existing business models.
The seminar provided an overview of a global project funded by the Advanced Institute of Management initiative in the UK and being conducted by Professors George Yip, Timothy Devinney and Gerry Johnson and their team. This project examines new methods for measuring benchmark performance and relating to specific strategic actions undertaken by exceptionally performing organisations.
George Yip is Professor of Strategic and International Management at London Business School and Lead Senior Fellow of the Advanced Institute of Management Research, which is the U.K.’s research initiative on management, and a Fellow of the Academy of International Business.
Panelists:
- Nic Lyons has more than 25 years experience in the property and property funds management industries in Australia and overseas. In June 2005 Nic oversaw the internalisation of management, to create the independent GPT Group. Nic began his career with GPT when he was appointed CEO of the Lend Lease managed trust in October 2000.
- Elizabeth Johnstone has worked with the boards of leading Australian and Asian companies. She advises on major strategic issues and is at the forefront of corporate and public sector governance.
Resources:
- Powerpoint presentation
- Video - please choose the format and speed desired:
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