Aalto EE Profile 1_2013 – Test your company's early warning system

12
questions to test your company’s early warning system

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“Corporations should have early warning systems to detect emerging competitive threats that have long-term potential to affect their business,” writes Scott Anthony, Managing Partner of Innosight, on the HBR Blog Network.

Transcript of Aalto EE Profile 1_2013 – Test your company's early warning system

Page 1: Aalto EE Profile 1_2013 – Test your company's early warning system

questions to test your company’s early warning system

Page 2: Aalto EE Profile 1_2013 – Test your company's early warning system

5 questions to test your company’s early warning system

“Corporations should have early warning systems to detect emerging competitive threats that have long-term potential to affect their business,”

Page 3: Aalto EE Profile 1_2013 – Test your company's early warning system

5 questions to test your company’s early warning system

“Corporations should have early warning systems to detect emerging competitive threats that have long-term potential to affect their business,” writes Scott Anthony, Managing Partner of Innosight, on the HBR Blog Network.

Page 4: Aalto EE Profile 1_2013 – Test your company's early warning system

5 questions to test your company’s early warning system

“Corporations should have early warning systems to detect emerging competitive threats that have long-term potential to affect their business,” writes Scott Anthony, Managing Partner of Innosight, on the HBR Blog Network.

He draws parallels from Japan’s earthquake warning system, which saved countless lives by giving a

warning about the upcoming disaster via TV and cell phones nine minutes before the tsunami.

Page 5: Aalto EE Profile 1_2013 – Test your company's early warning system

5 questions to test your company’s early warning system

“Corporations should have early warning systems to detect emerging competitive threats that have long-term potential to affect their business,” writes Scott Anthony, Managing Partner of Innosight, on the HBR Blog Network.

He draws parallels from Japan’s earthquake warning system, which saved countless lives by giving a

warning about the upcoming disaster via TV and cell phones nine minutes before the tsunami.

http://blogs.hbr.org/anthony/2012/09/create_early_warning_systems_to_detect_competitive_threats.html

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5 questions to test your company’s early warning systemAnthony quotes

Clayton Christensen, Kim B. Clark Professor of Business Administration at the Harvard Business School, and Richard N. Foster, Managing Partner of Millbrook Management Group, on five questions that businesses should address in their early warning systems to prevent disaster.

http://blogs.hbr.org/anthony/2012/09/create_early_warning_systems_to_detect_competitive_threats.html

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1 5 questions to test your company’s early warning system

How willing are customers to continue to pay for further improvements in performance that historically merited attractive price premiums?

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2 5 questions to test your company’s early warning system

Are customer preferences and habits changing due to enabling technologies and/or changing social norms?

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3 5 questions to test your company’s early warning system

How active are startups at the industry’s edge?

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4 5 questions to test your company’s early warning system

Are competitors with disruptive strategies having a material impact on portions of the industry?

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5 5 questions to test your company’s early warning system

Will current or pending changes in government action shift the basis or competition or make life easier for entrants?

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magazine 1/2013

to read the whole magazine for free click hereIs your business about to evaporate?Technology is shaking the foundations of healthcare, banking and other industries. Are you safe? 14

Magazine of aalto University execUtive edUcation 1.2013

from early warning to early action

go ahead and jump!can you plan serendipity?

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