Harvard Business Review - 2010.11.pdf

92 Strategy7 Questions to Stress-Test Your StrategyRobert Simons102 InnovationFinding Entrepreneurial Opportunity in AdversityBhaskar Chakravorti127 Managing YourselfWhats Your Personal Social Media Strategy?Soumitra DuttaNOVEMBER 2010 Extreme conditions in Afghanistan and Iraq have become a testing ground for adaptive management skills that every CEO should understand.Leadership Lessons from The MilitarySPOTLIGHT PAGE 65True PDF release:storemags&fantamagstoremags&fantamag-magazines for allTrue PDF release:storemags&fantamagL I N C O L N.C O MIts not just luxury.Its smarter than that.Learn more about the 2011 Lincoln MKX with MyLincoln Touch powered by SYNC atIntroducing the new Lincoln MKX.If youve never seen this combination of technology and luxury before,its because it never existed before.Not at this price.Not at any price.storemags&fantamag-magazines for allTrue PDF release:storemags&fantamagHe makes Formula one Happen witH energy,drive and vision.so do we.Bernie ecclestone runs the worlds most prestigious sport.one season,five continents,12 teams and over half a billion fans worldwide.it means compromise is not an option,and it means that speed,teamwork and precision are essential.thats why the man at the top demands the best.and thats why he chose us to be the official logistics partner of F1,ensuring that the entire sport is delivered across the globe.www.dhl- storemags&fantamag-magazines for all INNOVATIVE COMPANIES LIKE RIM SUCCEED IN ONTARIO,CANADA.YOU CAN CHECK THAT ON YOUR BLACKBERRY indispensable communications tool you hold in your hand is the productof an Ontario-bred company.More than that,its the product of a provincethat nurtures innovative minds world-class universities flourish here,like theUniversity of Toronto and the University of Waterloo.Research in Motion got its start in Ontario in 1984,so if your business thrives on innovation,it will thrive in Ontario.THE WORLD WORKS HERE.Paid for by the Government of Ontario.BlackBerry,RIM,Research In Motion,SureType,SurePress and related trademarks,names and logos are the property of Research In Motion Limited and are registered and/or used in the U.S.and countries around the world.True PDF release:storemags&fantamagNovember 2010hbr.orgNovember 2010 Harvard Business Review 765ContentsAbout the Spotlight ArtistStacy Pearsall comes from a long line of military men and women.She enlisted at age 17,but before she signed on the dotted line,she made the U.S.Air Force guarantee her a photography gig on the front lines.In 2002,she entered the Combat Camera Squadron without much ex-perience behind the camera.Four tours later,her work has been published widely and her portfolio earned her the National Press Photographers Associations Photographer of the Year Award.Her combat shots capture an uncanny immediacy and raw emotion;they expose the usually private feelings of soldiers in action.After being wounded by an IED in Baqubah,Iraq,Pearsall retired from service.She now owns and directs the Charleston Center for Pho-tography,in South Carolina.HBR.ORGMORE ON MILITARY LEADERSHIPCreate a“unity of eff ort,”argues Thad Allen in the HBR IdeaCast.Find out more at hbr.org/spotlight/military.66Extreme Negotiations Business leaders trying to forge a tough deal can learn a lot from skilled military negotiators who work in perilous situations.Jeff Weiss,Aram Donigian,and Jonathan Hughes76“You Have to Lead from Everywhere”The national incident commander for the Gulf oil spill discusses what its like to lead when an anxious nation is watching in real timeand counting on success.An interview with Admiral Thad Allen by Scott Berinato80Which of These People Is Your Future CEO?The Diff erent Ways Military Experience Prepares Managers for Leadership Create value by fi nding the right fi t.Boris Groysberg,Andrew Hill,and Toby Johnson86Four Lessons in Adaptive Leadership By teaching essential leadership precepts in the context of intense military training exercises,personal discussions with top leaders,and emotional visits to historic battlefi elds,the military helps students internalize them.Michael UseemSPOTLIGHT ON LEADERSHIP LESSONS FROM THE MILITARYCover ArtistJeremy LockA platoon of Australian soldiers wait for suppression fi re and smoke before advancing further.June 26,2007Shoalwater Bay Training Area,Camp Raspberry,AustraliaABOVE Stacy Pearsall,World of His Own September 27,2005Gulf of Tadjoura storemags&fantamag-magazines for all2010 Raymond James&Associates,Inc.,member New York Stock Exchange/SIPC.|Raymond James Financial Services,Inc.,member SOLID.DISCIPLISOLID.DISCIPLIAND OTHER TITILLAND OTHER TITILLwe typically pore over hundreds of potential financial products before finding just the right ones for clients.Thats just how we do it.We cast a suspicious eye on excessive exuberance,fads and next big things.Which isnt to say the fi rm is risk-averse.Its just that we discourage risking capital(clients or our own)on market trends that seem too good to last.All the