Inside the Strategy Room 1. Inside the strategy room: One CEO’s approach
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Aug 3, 2018 The CEO of Guardian Life Insurance shares her approach to strategy planning in the industry, including key points from a helpful book and challenges of resource allocation. The podcast also explores the difficulties of making large capital expenditure bets, productivity improvement, differentiation, pricing power, M&A, and the role of communication and social aspects in changing business and strategy.
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Unexpected Humor
- Deanna Mulligan's team appreciated the humor in the book "Strategy Beyond the Hockey Stick".
- One staff member even photocopied cartoons to share.
Strategic Moves
- Boldly assess mergers and acquisitions, considering long-term impacts.
- Address resource allocation strategically, navigating social dynamics within the company.
Human Capital
- Treat key personnel as corporate assets, recognizing their value.
- Control their career decisions and budget allocation for maximum benefit.