This book contains a summarization and integration the latest research in strategic management and related disciplines in a way that is accessible to students and practitioners and in a way that facilitates its application. Within each chapter, current thinking and research is incorporated in the discussion. Each chapter reflects the latest developments in strategic management research. The con…
Drawing on research and consulting experience with Coca-Cola, Bristol-Meyers Squibb, Daimler-Benz, 3M, and other companies, the authors argue that the key to improving research and development efforts and company performance rests not upon focusing solely on business processes, but upon changing the decision making process itself. A "smart organization" incorporates principles such as embracing…
The importance of TQC (Total Quality Control) in mass-production manufacturing has been demonstrated frequently and emphatically. TQC emphasizes an approach called “market-in” which stresses the importance of remembering the consumer in all aspects of business. In A Strategy for Corporate Innovation, Shirou Fujita provides an informative and stimulating description of how TQC was applie…
An argument for simplicity from the bestselling authors of Profit from the Core Is radical reinvention the key to winning in today’s fast-paced world? Not judging by the results of some of the world’s best-performing companies. In Repeatability, Chris Zook and James Allen—leaders of Bain & Company’s influential Strategy practice—warn that complexity is a silent killer of profita…
A pivotal shift in business strategy-making is taking place, assert Stephen Wall and Shannon Rye Wall. Strategy, once the exclusive province of senior management, is now the responsibility of people at every level in today's most forward-looking companies. Drawing on a ten-year study of more than 200 firms such as AT&T, 3M, The Geon Company, and Ritz Carlton Hotels, which included questionnaire…