article thumbnail

Can GenAI Do Strategy?

Harvard Business

This article presents a classroom experiment that compared a strategy developed by a team of MBA students in the traditional way with one developed using a virtual AI assistant, which was an interactive tool that linked a tried-and-tested strategy toolkit as a plug-in to the generative AI underlying Chat GPT.

article thumbnail

Why Your Employees Aren't Committed to Your Company Strategy

Organizational Talent Consulting

To turn those dreams into workplace realities, leaders set strategies. Evidence suggests only 5% of employees understand their company's strategy. This is alarming, given evidence a direct positive correlation exists between employee commitment to strategy and employee involvement in strategy development.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Strategy, analytics, and the dangers of cannibalisation

The Source

Even strategy consulting, that bastion of archetypal consulting, isn’t immune to this: We estimate that, if you exclude the digital transformation component from strategy, for example, demand for traditional strategy consulting shrank by 14% last year. But what about the relationship between strategy and analytics?

article thumbnail

How To Help Ensure Strategy Scorecards Don’t Fail You

Steve Shu Consulting

For many strategy engagements, a lot of attention is paid to the detailed analysis framework. Or perhaps value-chain or Blue Ocean-like analysis should be used here? Regardless of strategy technique, one key output of these efforts is often a scorecard summary. For example, should a benchmarking framework be used?

Strategy& 236
article thumbnail

Consultants in Website Improvements for Retail Brands

Business Consulting Agency

Understanding Digital Business Consultants Digital business consultants are experts in digital strategy, technology solutions, and online marketing. They possess a deep understanding of digital platforms, user experience (UX) design, e-commerce strategies, data analytics, and digital marketing techniques.

Retail 83
article thumbnail

Business Startup Consulting Services Transform Entrepreneurial Ventures

Business Consulting Agency

Areas of Assistance Provided by Business Startup Consultants Business Planning and Strategy : Consultants aid in formulating comprehensive business plans, outlining goals, market analysis, competitive positioning, and operational strategies.

article thumbnail

Startup Consulting Services in New Ventures

Business Consulting Agency

Market Research and Analysis One of the primary areas where startup consulting services excel is in conducting comprehensive market research and analysis. This data-driven approach helps entrepreneurs make informed decisions, refine their business models, and develop strategies that resonate with their target audience.