The document summarizes Kenichi Ohmae's book "The Mind of the Strategist" which discusses how to build successful business strategies. Ohmae advocates for strategic thinking that is creative, intuitive, and drives achievement. He outlines four routes to strategy including focusing on key success factors. Ohmae also presents the strategic triangle which positions customers, products/services, and costs at the corners with competitors in the center. The book examines how strategic thinking must change with the times, such as aligning strategy and execution in modern "activated enterprises."

1. The Mind of the StrategistThe Art of Japanese BusinessAuthor: Kenichi Ohmae - Presented by Salil Deshmukh

2. Agenda About the Author Main Theme Structure Evaluation Application to MIS Key Takeaways Questions

3. Kenichi Ohmae Mr. Strategy PhD in Nuclear Engineering from MIT Founder & MD, Ohmae & Associates Senior partner in McKinsey & Company Inc.- 23 yrs

4. Main Theme How Build Successful Strategies To Kill Competition To WIN To Make profit

5. Main Theme BATTLEFIELD BUSINESS

6. Structure The Art of Strategic Thinking Four Routes Building Successful Strategies The Strategic Triangle Modern Strategic Realities Strategic Change JAPAN – an Insight

7. Strategic Thinking Creative thought process “Wild Ideas” Intuitive thinking rather than rational thinking Drive for achievement

8. Four Routes Focus on Key Success Factors Building on Relative Superiority Pursing Aggressive Initiatives Exploiting Strategic Degrees of Freedom

9. The Strategic Triangle Customer Value Value Product/Service Differentiation Corporation Competitor COST

10. Strategic Change Era of Giant Enterprise P P SMART L DUMB L A A N N T Analysis Workers Template Strategy

11. Strategic Change Era of Activated Enterprise Strategy Results Execution Corporation The Trinity

12. Strategic Change Era of Activated Enterprise Features Brain – “ Strategy” & Muscle – “ Execution” in Organization are properly aligned Some Common Characteristics Offer Job Security Tenure Based Promotion Internal Development Encourage Employee Participation Eg: Toyota, Hitachi

13. Japan – An Insight Impact of World War II Concept of Corporation “ A sha-in ( meaning member not employee) feels like he is married to the company for life, and believes their fortunes rise and fall together” Hard work No Peter Principle !

14. Analysis & Evaluation

15. Application to MIS Information System Strategy Triangle conforms to the Trinity triangle Techniques like the Four Route to be used to build successful business, corporate and IS Strategy

16. Key Takeaways Without competitors there is no need for strategy The purpose of business strategy is to cause events to favor your strengths. Address the problem, not the symptoms. Think like an entrepreneur, but think.

17. Thank You !