5min chapter

Inside the Strategy Room cover image

210. Transformation and new business building

Inside the Strategy Room

CHAPTER

Resource Reallocation and New Business Building

This chapter delves into the strategic process of reallocating resources from underperforming initiatives to more promising ventures in new business building, stressing the significance of transparency, team composition, breaking down silos, and aligning with strategic goals. It also highlights the importance of objectively evaluating opportunities, avoiding complacency, and ensuring all essential elements are in place for success, including visibility into the future performance.

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