Is strategy necessary for success?
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What is strategy and why do businesses need it? What distinguishes a good strategy from a bad one or a non-strategy? Not to be confused with goals or a company's ambition, strategy is a word that is often mis-used and misapplied. But in reality it can make the difference between success and failure - especially if it's adaptable to changes in the market. Evan Davis looks at where companies have got strategy right and where it's gone badly wrong.
GUESTS:
Michael Jacobides - Associate Professor of Strategy and Entrepreneurship at The London Business School.
Jacqueline de Rojas, President of Tech UK
Ann Cairns, President of International Markets, MasterCard.
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