When Bold Strategy Becomes a Bet You Can’t Afford to Lose

Honda just announced its first net loss since listing on the Tokyo Stock Exchange in 1957. The company cancelled three EV models it had been engineering for years — the Honda 0 SUV, the Honda 0 Saloon, and the Acura RSX — writing off up to ¥2.5 trillion in assets and supplier commitments in a single fiscal year.

That fact alone is worth sitting with. This is not a story about a company that failed to try.

It is a story about the difference between boldness and prudence — and what happens when a business has the first without the second.

戦略についての従来の常識を忘れること

Below are seven pieces of advice I give to business leaders based on the most successful strategy practices I know. Whenever I discuss these in an open forum, there is always pushback from at least a few people, particularly in Japan. Some people are even offended! That’s OK. If I am doing my job correctly, at least some people should be made to feel uncomfortable.

説得力のある戦略とは

トップレベルの役員やマネージャーであれば、戦略を立ててそれをプレゼンする機会を与えられることがある筈です。彼らの多くは、自分の作った戦略が正しいことを証明するための長いプレゼンテーションを用意します。しかし、真に説得力のあるマネージャーであれば、逆に何故自分の戦略が間違っている可能性があるか、という理由を並べる筈です。

[:en]Obesity and the Peril of Mistaking Cause[:ja]肥満:物事の原因を誤解することの危険性について[:]

[:en]The American Medical Association recently reclassified obesity as a disease after years of resistance and debate. Previously, obesity had been considered a behavioral disorder. What behaviors? Gluttony and sloth. If you were overweight or obese, your doctor would advise you to eat less and exercise more without a second thought. However, with 80% of Americans overweight and 30% in the obese range, the idea that that we are simply a nation of lazy overeaters has become, well, difficult to swallow. There is mounting evidence that we have gotten the cause of obesity wrong. People still continue to get fat, or go through cycles of weight loss and regain. The problem […]

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