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	<title>Kashif Zaman &#187; design of business</title>
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	<description>Interactive Marketing &#124; Thought leadership . Strategy . Management</description>
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		<title>&#8220;Design of business&#8221; and Blue Ocean Strategy</title>
		<link>http://www.kashifzaman.com/2010/01/08/design-of-business-and-blue-ocean-strategy/</link>
		<comments>http://www.kashifzaman.com/2010/01/08/design-of-business-and-blue-ocean-strategy/#comments</comments>
		<pubDate>Fri, 08 Jan 2010 18:41:13 +0000</pubDate>
		<dc:creator>Kashif Zaman</dc:creator>
				<category><![CDATA[Innovation]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[blue ocean strategy]]></category>
		<category><![CDATA[Cirque De Soliel]]></category>
		<category><![CDATA[design of business]]></category>
		<category><![CDATA[HBR Ideadcast]]></category>
		<category><![CDATA[Roger Martin]]></category>
		<category><![CDATA[sstrategy]]></category>

		<guid isPermaLink="false">http://www.kashifzaman.com/?p=248</guid>
		<description><![CDATA[Comparing "Design of Business" approach with blue ocean strategy. It makes sense to take a risk with half-intuitive and half analytical approaches because pure analytical approach is not any better. ]]></description>
			<content:encoded><![CDATA[<p>I listened to <a href="http://www.rotman.utoronto.ca/rogermartin/dean.htm" target="_blank">Roger Martin</a>, the coauthor of <em>Design of Business</em> on the HBR ideacast. He talks about going half way towards analytical approaches and using inductive and deductive logic for business decision. Funny that I mentioned the process of design in my last post and I am thinking why not! The iterative process of design can be used in business decisions. In fact that is what we do  (more of less).</p>
<p>When he mentioned the example of Cirque De Soleil, I instantly connected it to the <a href="http://books.google.com/books?id=fKTllv6_O74C&amp;dq=blue+ocean&amp;source=gbs_navlinks_s" target="_blank">Blue Ocean Strategy</a>. We are kind of talking about the same thing. Just more creativity and intuition in decision making. I will read the book and post again. But I do think that people struggle with the idea of using too much intuition in business especially in public companies with stockholder pressure and a epitite for short-term gains.</p>
<p>At the same time, if wall street is OK with taking ridiculous risks with &#8220;mortgage backed securities&#8221; why not take a risk with some of these other &#8220;crazy&#8221; ideas.</p>
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