Industry News

Top articles of the week | October 19

Every week, we put together a list of our top 5 articles of the past week. Happy reading!

 

 

Fascinating statistics on why corporate strategy breaks down                   ArchPoint (reading time: 5 minutes)

For strategy geeks like me, this article is full of amazing statistics. It helps confirm many of the challenges we talk about with our clients.

  • Communication and repetition are key to ensuring that the strategy is understood
  • Organizations tend to overlook the capabilities necessary to execute on strategy
  • Progress and metrics are lacking
  • Accountability for strategic actions is non-existent

 

Everything Is Private Equity Now                        Bloomberg   (reading time: 23 minutes)

Since the financial crisis of 2008, the private equity industry has been thriving but it has also come with increased scrutiny. Bloomberg studies the core tenets of a PE investment (leverage, overhauling management and fees) and discusses its current role in the business landscape. It’s a US centric view of private equity and has become entangled in political debates.

 

Killing Strategy: The Disruption Of Management Consulting                        CB Insights (reading time: 30 minutes)

This special report by CB Insights focuses on how management consulting can potentially be disrupted. It examines several interesting trends and how the huge industry of consulting might be affected. I personally have my doubts but I’m obviously biased. In the end, no industry is safe (I believe) and constant adaptation is necessary.

 

Re-imagining Organizations as Ecosystems     Sahana Chattopadhyay (reading time: 7 minutes)

Many new “management styles” have emerged in recent years such as holacracy, responsive organizations, etc. Beneath these flavor of the day trends, there are some important guiding principles. This post details these guidelines that leaders should follow and I believe to be quite relevant.

An effective organization is a community of human beings, not a collection of human resources… Henry Mintzberg

 

How Emily Weiss’s Glossier Grew From Millennial Catnip to Billion-Dollar Juggernaut         Vanity Fair (reading time: 22 minutes)

One of the previous podcast guests Alex Nemeroff’s agency was acquired by Glossier a few years ago. He only had nice things to say about the organization and it’s founder. Glossier is no longer a secret, the company’s recent funding round gave it unicorn status with a $1.2 billion valuation. It’s indefatigable founder Emily Weiss founded the company 5 years ago and has been a fit in the massive category of beauty.