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    The Strategy Machine (Review and Analysis of Downes' Book)
    The Strategy Machine (Review and Analysis of Downes' Book)
    The Strategy Machine (Review and Analysis of Downes' Book)
    Ebook40 pages23 minutes

    The Strategy Machine (Review and Analysis of Downes' Book)

    By BusinessNews Publishing

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    About this ebook

    The must-read summary of Larry Downes' book: "The Strategy Machine: Building Your Business One Idea at a Time".

    This complete summary of the ideas from Larry Downes' book "The Strategy Machine" shows that disposable computers are set to transform every industry. To be ready for this, the ultimate extension of the Information Revolution, you need to develop a “Strategy Machine” which incorporates a portfolio of strategies that you can use to harness these imminent and dramatic changes in the marketplace. In his book, the author explains that a viable and effective strategy machine will have a portfolio with three types of investments: projects, venture and options. This summary describes each of these investment types in detail and shows how you can use them to move forward in the Information Revolution.

    Added-value of this summary:
    • Save time
    • Understand key concepts
    • Expand your business knowledge

    To learn more, read "The Strategy Machine" and discover this essential guidebook that provides essential tools for re-thinking your company's strategy portfolio.
    LanguageEnglish
    PublisherBusiness Book Summaries
    Release dateNov 12, 2014
    ISBN9782511021897
    The Strategy Machine (Review and Analysis of Downes' Book)

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      Book preview

      The Strategy Machine (Review and Analysis of Downes' Book) - BusinessNews Publishing

      Book Presentation: The Strategy Machine by Larry Downes

      Book Abstract

      About the Author

      Important Note About This Ebook

      Summary of The Strategy Machine (Larry Downes)

      1. Why You Need a Strategy Machine

      2. How To Put Together a Strategy Machine

      3. How To Keep A Strategy Machine Running

      Book Abstract

      Main Idea

      Disposable computers – that are cheap enough and small enough to be embedded in everything that is made – will transform every industry. To be ready for this, the ultimate extension of the Information Revolution, you need to develop a Strategy Machine which will incorporates a portfolio of strategies you can use to harness these imminent and dramatic changes in the marketplace.

      Running a strategy machine hedges your bets on the future of your business. It will develop a wide and robust number of approaches you may employ to exploit the upcoming emergence of an information supply chain which will run parallel with the physical supply chain. The strategy machine will suggest what information products and services you can harness to add value to your business. It will also help you offset internal inertia and resistance to change. Thus, a strategy machine will help managers reinvent their businesses to integrate and harness greater amounts of information.

      A viable and effective strategy machine will have a portfolio with three types of investments:

      Projects – which are designed to help the company serve existing customers better.

      Ventures – new ideas which can be used to expand your markets and increase your firm’s access to new markets.

      Options – small bets on emerging technologies which may one day become important to your business.

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