Assignment: Creating Value Through Growth Strategies
Instructions
Answer these questions from references given. (You may use other's that you feel are necessary)
2 pages total- not including reference page
No cover, No introduction, No conclusion
1. Relying on the Staircases to growth paper, analyze each of the seven staircases. Which of the seven staircases is JP Morgan Chase Bank using to grow? Which ones would you recommend, why? Does it have enough market power so that such growth strategies may help to create value?
2. Which of the resources (platforms of capabilities) mentioned in this paper is JP Morgan Chase Bank implementing? Explain one by one, how they are used, could be expanded and/or could be implemented in the organization. Are they unique resources, why or why not?
3. Does JP Morgan Chase Bank implement the three horizons approach that McKinsey proposes? If so, how are they implemented? If not, make your own proposal for each horizon. Be creative.
References
• Baghai, M., Coley, S.C., & White, D. (1996). Staircases to growth. Mckinsey Quarterly. (Note: Be sure to read the sidebars)
• Hall, S., Musters, R., & Lovallo, D. (2012). How to put your money where your strategy is. Mckinsey Quarterly, (2), 28-38.
Staircases to growth By Mehrdad Baghai, Stephen C. Coley, and David White with Charles Conn and Robert J. McLean.