The word coach comes from stagecoach. A stagecoach is a four-wheeled public coach used to carry paying passengers and light packages on journeys from point A to point B. Most of us will know these from western movies or old TV shows like “Little House on the Prairie”. The concept of a stagecoach is a wonderful analogy for leadership.
In this episode, strategy expert and Columbia Business School professor Rita McGrath takes on one of most fundamental and recognised notions in strategy: that of sustainable competitive advantage.