Chances are the strategies that worked well for you even a few years ago no longer deliver the results you need. Dramatic changes in business have unearthed a major gap between traditional approaches to strategy and the way the real world works now. In short, strategy is stuck. Most leaders are using frameworks that were designed for a different era of business and based on a single dominant…
A Fast Company blogger and former McKinsey consultant profiles the next generation business strategists: the "Outthinkers" "Outthinkers" are entrepreneurs and corporate leaders with a new playbook. They see opportunities others ignore, challenge dogma others accept as truth, rally resources others cannot influence, and unleash new strategies that disrupt their markets. Outthink the Competition …
Notions of 'competence' and of 'core competencies' are at the heart of much recent thinking in the field of strategic management. They have been developed in response to the need for concepts that can more accurately reflect the rapid evolution of business organisations and the dynamics of their competitive interactions. When applied to real-life situations, the 'competence' perspective has pro…
At its heart, competing on the edge meets the strategic challenge of change by constantly reshaping a firm's competitive advantage, even as the marketplace unpredictably and rapidly shifts. The best firms, argue Brown and Eisenhardt, employ a competing-on-the-edge strategy to change routinely, relentlessly, and rhythmically over time. Written for managers (or would-be managers) who understand t…
CONTENTS Part I: The Game of Business 1. War and peace 2. Co-opetition -- Thinking complements; the value net ; surfing the net playing multiple roles ; friend or foe? 3. Game Theory -- Added value; rules; perceptions ; boundaries rationality and irrationality ; the elements of a game Part II: The Parats of strategy How to change the game 4. Players -- becoming a player; bringing in…
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…
This book gives practical, hands-on advice on how to beat the competition. The book addresses the problem of obtaining the right information and then using that information intelligently to develop strategies that will outstrip the competitors. It is unique in that it presents a pragmatic approach rather than academic theory. (text from the publisher)
Do you think of your company's talent as an investment to be managed like a portfolio? You should, according to authors Becker, Huselid, and Beatty, if you're interested in strategy execution. Many companies fall into the trap of spending too much time and money on low performers, while high performers aren't getting the necessary resources, development opportunities, or rewards.
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…