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  <title>Business model renewal  :</title>
  <subTitle>how to grow and prosper by defying best practices and reinventing Your strategy</subTitle>
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  <namePart>Gorchels, Linda</namePart>
  <role>
   <roleTerm type="text">Primary Author</roleTerm>
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  <place>
   <placeTerm type="text">New York</placeTerm>
   <publisher>McGraw-Hill</publisher>
   <dateIssued>2012</dateIssued>
  </place>
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  <languageTerm type="code">en</languageTerm>
  <languageTerm type="text">English</languageTerm>
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  <form authority="gmd">Printed Material</form>
  <extent>xiv, 204 p. : refs., index ; 23 cm.</extent>
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 <note>From the award-winning author of The Product ManagerÂ’s Handbook comes the definitive guide to transforming your strategies and business models for todayÂ’s changing market.&#13;
Combining traditional theories with the latest tools and technologies, this holistic approach integrates the best of all worlds to help you build a mental model which evolves with your organizational needs. Filled with a wide range of specific strategies as well as big-picture planning guides, Business Model Renewal will help you figure out where you are, where you want to go, and how to achieve your long-term goals.&#13;
&#13;
&#13;
Table of Contents&#13;
&#13;
Author’s Note ix&#13;
Prologue xi&#13;
&#13;
Part I Establishing Context 1&#13;
Chapter 1 Defy Best Practices 3&#13;
Connect Strategies and Business Models&#13;
Consider the Ecosystem of Success&#13;
Are There Best-Practice Business Models?&#13;
Establish a Planning Framework&#13;
Domain 1 Context&#13;
Internal Scan&#13;
External Scan&#13;
Technology&#13;
Industry&#13;
Market&#13;
External Events and Trends&#13;
Porter’s Five Forces&#13;
Domain 2 Strategic Decisions&#13;
Domain 3 Alignment&#13;
Interview with Kay Plantes (economist, corporate strategy expert, and author): The Importance of Developing a Business Model Portfolio&#13;
Chapter 2 Define a Growth Agenda 35&#13;
Beware of &quot;One-Paradigm&quot; Consultants (or Managers)&#13;
Growth from the Core&#13;
Pursuit of Quality/Efficiency Advantages&#13;
Pursuit of Marketplace Advantage&#13;
Innovating into New Areas&#13;
The Growth Portfolio&#13;
Sustaining Growth&#13;
Reinforcement and Protection Strategies&#13;
Stay the Course&#13;
Reduce the Scope&#13;
Defend the Perimeter&#13;
Renewal and Revitalization Strategies&#13;
Add New Value&#13;
Reposition&#13;
Extend the Base&#13;
Relaunch&#13;
Rationalization Decisions and Retirement Strategies&#13;
Transformative Growth&#13;
Disruptive Growth&#13;
Next Steps&#13;
Interview with Bob Arzbaecher (President and CEO of Actuant Corp): Sustainable Growth without Radical Change&#13;
&#13;
Part 2 Mental Models and Insights 63&#13;
Chapter 3 Foresight: Betting on Turbulence 65&#13;
Every Business Decision is a Bet on the Future&#13;
Scenario Development&#13;
Process of Scenario Development&#13;
Define Scenario Development Team&#13;
Identify Drivers of Change&#13;
Create Scenarios&#13;
Determine How to Be Successful in Each of the Scenarios&#13;
Seek Common or Agile Components and Establish Strategic Direction&#13;
An Example: Corporate Energy Futures&#13;
A Few More Tips on Scenario Development&#13;
Group-Based Forecasting and Ideation&#13;
The Delphi Method&#13;
Prediction Markets&#13;
Integrated Roadmapping&#13;
Social Media Options&#13;
Foresight and Business Models&#13;
Interview with Peter Bishop (Associate Professor of Strategic Foresight and author): The Significance of Strategic Foresight in Thinking about the Future&#13;
Chapter 4 Innovation: Looking for New Beginnings 85&#13;
What is Innovation?&#13;
Product versus Business Model Innovation&#13;
Diffusion of Innovation&#13;
Innovating Existing Product Lines&#13;
Continual Idea Sources&#13;
Business Case Knowledge&#13;
Ingraining an Innovative Culture&#13;
Interview with Dave Franchino (President + Principal, Design Concepts, Inc.): Innovation from the Context of Business Models&#13;
Chapter 5 Decision Making: Determining Direction 111&#13;
The Basic Framework&#13;
High-Stakes Decision Making&#13;
Historical Data May Not Be Relevant&#13;
Many Decisions are Made under Stress&#13;
Serious Biases May Thwart Performance&#13;
The Consequences of a Wrong Decision are High&#13;
Many People are Involved in the Decision&#13;
Business Model Changes Trigger an Ecosystem of Decisions&#13;
Organizational Decision Making&#13;
Interview with John Conover (President, Ingersoll Rand Security Technologies): Decision Making is a Critical Part of Leadership&#13;
&#13;
Part 3 Business Models: Aligning to Make Things Happen 129&#13;
Chapter 6 Contextual Leadership 131&#13;
The Role of the Individual in Leadership&#13;
Leadership and Followership&#13;
Emotional Intelligence&#13;
Transformational Leadership&#13;
Understanding the Need for Change&#13;
Creating a Shared Vision&#13;
Paving the Way&#13;
Building Leaders at All Levels&#13;
Leadership Essentials: Expert Advice Column&#13;
Passion&#13;
Focus&#13;
The Tyranny of the Urgent&#13;
Juggling Glass&#13;
Ownership&#13;
Interview with John Malanowski (VP-Human Resources, Kimberly-Clark Corporation- North Atlantic Consumer Products): The Importance of Leadership Talent Bench Strength in Business Model Renewal&#13;
Chapter 7 Dynamic Strategy, Business Design, and Structural Alignment 151&#13;
Big Picture Thinking Must Coexist with Nuts-and-Bolts Proficiency&#13;
An Iterative Planning Process&#13;
Where are You Now?&#13;
Where Do You Want to Go Long-Term?&#13;
What are You Going to Accomplish during This Planning Cycle?&#13;
Target Market&#13;
Planning FACTS&#13;
How are You Going to Accomplish Your Objectives?&#13;
What are Your Metrics for Tracking Results?&#13;
Dynamic Strategy and Business Model Renewal&#13;
Interview with Scott Lingren (Director of Corporate Strategy and Business&#13;
Transformation, Freescale Semiconductor): Cracking the Real-World Code for Linking Strategy with Implementation&#13;
Chapter 8 The People Side of Alignment: Culture and Organizational Change 179&#13;
The Monkey Parable&#13;
Corporate Culture&#13;
Leading Change&#13;
Sense of Urgency&#13;
Guiding Team&#13;
Powerful Vision&#13;
Share the Vision&#13;
Motivate Progress&#13;
Coordinate Short-Term Wins&#13;
Continuously Reinforce the Direction&#13;
Embed the Required Culture&#13;
Kaleidoscope or Binoculars&#13;
Corporate Culture and Business Model Renewal&#13;
&#13;
Interview with Joan Finley, Ph.D. (Senior Program Manager, Baxter Healthcare): Orchestrating Business Model Renewal through Effective Organizational Change Initiatives&#13;
&#13;
Index 199&#13;
</note>
 <note type="statement of responsibility"></note>
 <subject authority="">
  <topic>Innovation</topic>
 </subject>
 <subject authority="">
  <topic>Leadership</topic>
 </subject>
 <subject authority="">
  <topic>Business growth</topic>
 </subject>
 <subject authority="">
  <topic>Strategic planning</topic>
 </subject>
 <subject authority="">
  <topic>Business model</topic>
 </subject>
 <subject authority="">
  <topic>Decision Making</topic>
 </subject>
 <subject authority="">
  <topic>Organizational change</topic>
 </subject>
 <subject authority="">
  <topic>Organizational development</topic>
 </subject>
 <classification>LQA/ADBE 42</classification>
 <identifier type="isbn">9780071784030</identifier>
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