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Strategic Management Of Complexity
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Book Synopsis Strategic Management and Organisational Dynamics by : Ralph D. Stacey
Download or read book Strategic Management and Organisational Dynamics written by Ralph D. Stacey and published by Pearson Education. This book was released on 2007 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook challenges the view that organizations succeed when they operate in states of stability, harmony and consensus. The author argues that an understanding of organizational dynamics leads to a greater insight into strategic management.
Book Synopsis Strategy Execution and Complexity by : Richard Busulwa
Download or read book Strategy Execution and Complexity written by Richard Busulwa and published by Routledge. This book was released on 2018-12-07 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost all organisations today face unprecedented levels of change, complexity and volatility. Navigating the resultant disruption dynamics is one of the most important stewardship challenges facing strategic leaders. Getting it right can pay enormous dividends, but getting it wrong can lead to spectacular failure and the ultimate demise of once admired organisations. To address this threat, strategic leaders need to better understand how to navigate complexity and volatility and how to execute strategy in this rapidly changing environment. This book identifies 12 different strategy execution processes used to realise deliberate and emergent strategies – each illustrated with case studies and essential lessons for strategic leaders. The authors then discuss the effectiveness of these processes in different types of complex environments, showing how, used in isolation, each process can, at times, impede performance, sometimes creating survival risks that materialise today or in the future. The authors show the importance of "ambidexterity" and the need for organisations to balance the pursuit of internal efficiency and external market flexibility, both of which are essential to thriving in complex environments. This book provides essential tools for leaders to rethink and reconfigure their strategy execution practices in light of the significant change surrounding their organisations. The book is based on a 5-year, multistage study comprehensively reviewing cutting-edge research on strategy execution, reviewing seminal texts on strategy execution and, through in-depth case study interviews and cross-sectional surveys, identifying contemporary strategy execution practices of a range of different organisations across industries and sectors.
Book Synopsis Strategy for Managing Complex Systems by : Fredmund Malik
Download or read book Strategy for Managing Complex Systems written by Fredmund Malik and published by Campus Verlag. This book was released on 2016-05-12 with total page 565 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Malik demonstrates that management and management theory have strong foundations in systems science, and most specifically in a certain type of cybernetics of truly complex systems, of organismic, self-organizing, and evolving systems. This book provides the basics on how to create robust, functional, and sustainably viable systems. One of the reasons why it has become a classic on management cybernetics, now in its 11th edition, is that the strategies and heuristic principles of complexity management are still relevant - now more than ever."--Back cover.
Book Synopsis Embracing Complexity by : Jean G. Boulton
Download or read book Embracing Complexity written by Jean G. Boulton and published by . This book was released on 2015 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book describes what it means to say the world is complex and explores what that means for managers, policy makers and individuals. The first part of the book is about the theory and ideas of complexity. This is explained in a way that is thorough but not mathematical. It compares differing approaches, and also provides a historical perspective, showing how such thinking has been around since the beginning of civilisation. It emphasises the difference between a complexity worldview and the dominant mechanical worldview that underpins much of current management practice. It defines the complexity worldview as recognising the world is interconnected, shaped by history and the particularities of context. The comparison of the differing approaches to modelling complexity is unique in its depth and accessibility. The second part of the book uses this lens of complexity to explore issues in the fields of management, strategy, economics, and international development. It also explores how to facilitate others to recognise the implications of adopting a complex rather than a mechanical worldview and suggests methods of research to explore systemic, path-dependent emergent aspects of situations. The authors of this book span both science and management, academia and practice, thus the explanations of science are authoritative and yet the examples of changing how you live and work in the world are real and accessible. The aim of the book is to bring alive what complexity is all about and to illustrate the importance of loosening the grip of a modernist worldview with its hope for prediction, certainty and control.
Book Synopsis Strategic Management of Complexity by : Susanna Mandorf
Download or read book Strategic Management of Complexity written by Susanna Mandorf and published by GRIN Verlag. This book was released on 2011-11 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doctoral Thesis / Dissertation from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: A, Comenius University in Bratislava (Department of Management), course: Corporate Management, language: English, abstract: KAPLAN/NORTON suggested an enlargement or change of the BSC perspectives to be able to adjust the scorecard system to the individual situation of each company. They were aware that their four classic perspectives were not the central dimensions for every time, but need to be adjusted, when the economic environment of a company changes. Exactly such a change happened, when the digital economy appeared. That is a main reason, why a new perspective is important to consider the e-business strategy. In practice most of the SME use only the four basic perspectives that are described in the fundamental literature. They do neither dare to create alterations of the perspectives nor to change or modify the shown procedure. These companies need a support, how to add the e-business perspective to consider the digital economy. For this reason it is necessary to give stimulation to the business practice, how to handle goals, structures and initiatives of such a new perspective. There is a permanently increasing supply of hardware and software solutions to support or partly take over the processes of the company. The balanced scorecard respects soft facts in its calculations. In the digital economy these soft facts become more and more important. In former times the managing directors of SME often ignored the knock-on effect of soft facts. They orientated mainly about financial figures. But the digital economy has to consider different strategies. Some statistics depict that even up to 80% of a company's profits in the digital economy depend on soft facts. Managers have to learn dealing with soft facts and intrinsic values. As DRUCKER says, the experience of every employee can be used as a source of value added. An employ
Book Synopsis Strategic Thinking in Complex Problem Solving by : Arnaud Chevallier
Download or read book Strategic Thinking in Complex Problem Solving written by Arnaud Chevallier and published by Oxford University Press. This book was released on 2016-07-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether you are a student or a working professional, you can benefit from being better at solving the complex problems that come up in your life. Strategic Thinking in Complex Problem Solving provides a general framework and the necessary tools to help you do so. Based on his groundbreaking course at Rice University, engineer and former strategy consultant Arnaud Chevallier provides practical ways to develop problem solving skills, such as investigating complex questions with issue maps, using logic to promote creativity, leveraging analogical thinking to approach unfamiliar problems, and managing diverse groups to foster innovation. This book breaks down the resolution process into four steps: 1) frame the problem (identifying what needs to be done), 2) diagnose it (identifying why there is a problem, or why it hasn't been solved yet), 3) identify and select potential solutions (identifying how to solve the problem), and 4) implement and monitor the solution (resolving the problem, the 'do'). For each of these four steps - the what, why, how, and do - this book explains techniques that promotes success and demonstrates how to apply them on a case study and in additional examples. The featured case study guides you through the resolution process, illustrates how these concepts apply, and creates a concrete image to facilitate recollection. Strategic Thinking in Complex Problem Solving is a tool kit that integrates knowledge based on both theoretical and empirical evidence from many disciplines, and explains it in accessible terms. As the book guides you through the various stages of solving complex problems, it also provides useful templates so that you can easily apply these approaches to your own personal projects. With this book, you don't just learn about problem solving, but how to actually do it.
Book Synopsis Critical Systems Thinking and the Management of Complexity by : Michael C. Jackson
Download or read book Critical Systems Thinking and the Management of Complexity written by Michael C. Jackson and published by John Wiley & Sons. This book was released on 2019-03-15 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the winner of the INCOSE Pioneer Award 2022 The world has become increasingly networked and unpredictable. Decision makers at all levels are required to manage the consequences of complexity every day. They must deal with problems that arise unexpectedly, generate uncertainty, are characterised by interconnectivity, and spread across traditional boundaries. Simple solutions to complex problems are usually inadequate and risk exacerbating the original issues. Leaders of international bodies such as the UN, OECD, UNESCO and WHO — and of major business, public sector, charitable, and professional organizations — have all declared that systems thinking is an essential leadership skill for managing the complexity of the economic, social and environmental issues that confront decision makers. Systems thinking must be implemented more generally, and on a wider scale, to address these issues. An evaluation of different systems methodologies suggests that they concentrate on different aspects of complexity. To be in the best position to deal with complexity, decision makers must understand the strengths and weaknesses of the various approaches and learn how to employ them in combination. This is called critical systems thinking. Making use of over 25 case studies, the book offers an account of the development of systems thinking and of major efforts to apply the approach in real-world interventions. Further, it encourages the widespread use of critical systems practice as a means of ensuring responsible leadership in a complex world. The INCOSE Pioneer Award is presented to someone who, by their achievements in the engineering of systems, has contributed uniquely to major products or outcomes enhancing society or meeting its needs. The criteria may apply to a single outstanding outcome or a lifetime of significant achievements in effecting successful systems. Comments on a previous version of the book: Russ Ackoff: ‘the book is the best overview of the field I have seen’ JP van Gigch: ‘Jackson does a masterful job. The book is lucid ...well written and eminently readable’ Professional Manager (Journal of the Chartered Management Institute): ‘Provides an excellent guide and introduction to systems thinking for students of management’
Book Synopsis The Complexity Turn by : Arch G. Woodside
Download or read book The Complexity Turn written by Arch G. Woodside and published by Springer. This book was released on 2017-02-16 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes the reader beyond net effects and main and interaction effects thinking and methods. Complexity theory includes the tenet that recipes are more important than ingredients—any one antecedent (X) condition is insufficient for a consistent outcome (Y) (e.g., success or failure) even though the presence of certain antecedents may be necessary. A second tenet: modeling contrarian cases is useful because a high or low score for any given antecedent condition (X) associates with a high Y, low Y, and is irrelevant for high/low Y in some recipes in the same data set. Third tenet: equifinality happens—several recipes indicate high/low outcomes.
Book Synopsis The SAGE Handbook of Complexity and Management by : Peter Allen
Download or read book The SAGE Handbook of Complexity and Management written by Peter Allen and published by SAGE Publications. This book was released on 2011-04-06 with total page 665 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the substantive scholarly work to provide a map of the state of art research in the growing field emerging at the intersection of complexity science and management studies.
Book Synopsis Complexity, Management and the Dynamics of Change by : Elizabeth McMillan
Download or read book Complexity, Management and the Dynamics of Change written by Elizabeth McMillan and published by Routledge. This book was released on 2008-08-28 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing the principles of complexity science, this innovative text illustrates how different kinds of organizational can become more effective, democratic and sustainable by using these powerful ideas.
Book Synopsis Wicked Strategies by : John C. Camillus
Download or read book Wicked Strategies written by John C. Camillus and published by University of Toronto Press. This book was released on 2016-08-12 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: In business, some problems are so complex, intractable and threatening to organizations—or entire industries—that they are best described as “wicked.” These problems appear to be unsolvable and they render traditional analytical tools of strategy virtually impotent. Wicked Strategies offers a comprehensive framework for identifying, responding to and profiting from wicked problems. John C. Camillus, drawing on detailed, real-life examples from companies across the globe, has skillfully woven together the analytical techniques, processes and organizational designs that will enable managers to navigate a disruptive marketplace. His feed-forward framework for fashioning wicked strategies empowers firms to presciently transform their business models before they are made obsolete by the competition. Wicked Strategies is a practical and evocative guide that demonstrates how business leaders can profitably capitalize on unknowable futures.
Book Synopsis Complexity and Management by : Ralph D. Stacey
Download or read book Complexity and Management written by Ralph D. Stacey and published by Psychology Press. This book was released on 2000 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a critique of the ways that complexity theory has been applied to understanding organizations, and outining a new direction, this book calls for a radical re-examination of management thinking.
Book Synopsis Strategic Management and Organisational Dynamics by : Ralph D. Stacey
Download or read book Strategic Management and Organisational Dynamics written by Ralph D. Stacey and published by Financial Times/Prentice Hall. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renowned for its unconventional thinking, Strategic Management and Organisational Dynamics continues to be a refreshing alternative for students and lecturers of strategic management specifically looking for 'something different'. Stacey challenges the conceptual orthodoxy of planned strategy, focusing instead on the influence of more complex and unstable forces in the development of strategy. This book explores and challenges ways of thinking about strategy and organisational dynamics and raises questions about systemic and responsive processes, utilising insights from the complexity sciences. The purpose of this book is to assist people to make sense of their own experience of life in organisations, to explore their own thinking and to pay attention to and so what they do. Ideal for advanced undergraduate and postgraduate study, this critically detailed account deals with up-to-the minute issues, raising the challenge of complexity within practice and theory. As such it remains unique amongst strategic management text books.
Book Synopsis Managing Business Complexity by : Michael J. North
Download or read book Managing Business Complexity written by Michael J. North and published by Oxford University Press. This book was released on 2007-03 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agent-based modeling and simulation (ABMS), a way to simulate a large number of choices by individual actors, is one of the most exciting practical developments in business modeling since the invention of relational databases. It represents a new way to understand data and generate information that has never been available before--a way for businesses to view the future and to understand and anticipate the likely effects of their decisions on their markets and industries. It thus promises to have far-reaching effects on the way that businesses in many areas use computers to support practical decision-making.Managing Business Complexity is the first complete business-oriented agent-based modeling and simulation resource. It has three purposes: first, to teach readers how to think about ABMS, that is, about agents and their interactions; second, to teach readers how to explain the features and advantages of ABMS to other people and third, to teach readers how to actually implement ABMS by building agent-based simulations. It is intended to be a complete ABMS resource, accessible to readers who haven't had any previous experience in building agent-based simulations, or any other kinds of models, for that matter. It is also a collection of ABMS business applications resources, all assembled in one place for the first time. In short, Managing Business Complexity addresses who needs ABMS and why, where and when ABMS can be applied to the everyday business problems that surround us, and how specifically to build these powerful agent-based models.
Book Synopsis Managing Complexity: Insights, Concepts, Applications by : Dirk Helbing
Download or read book Managing Complexity: Insights, Concepts, Applications written by Dirk Helbing and published by Springer. This book was released on 2007-10-13 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays and lectures collected in this book center around knowledge transfer from the complex-system sciences to applications in business, industry and society, as viewed from a broad perspective. The contributions aim to raise awareness across the spectrum to meet the increasing need to integrate lessons from complexity research into everyday planning, decision making, logistics or optimization procedures and forecasting. The writing has been largely kept non-technical.
Book Synopsis Chaos and Complexity Theory for Management: Nonlinear Dynamics by : Banerjee, Santo
Download or read book Chaos and Complexity Theory for Management: Nonlinear Dynamics written by Banerjee, Santo and published by IGI Global. This book was released on 2012-11-30 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although chaos theory refers to the existence between seemingly random events, it has been gaining the attention of science, technology and managements fields. The shift from traditional procedures to the dynamics of chaos and complexity theory has resulted in a new element of complexity thinking, allowing for a greater capability for analyzing and understanding key business processes. Chaos and Complexity Theory for Management: Nonlinear Dynamics explores chaos and complexity theory and its relationship with the understanding of natural chaos in the business environment. Utilizing these theories aids in comprehending the development of businesses as a complex adaptive system.
Download or read book Six Simple Rules written by Yves Morieux and published by Harvard Business Review Press. This book was released on 2014-03-11 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: New tools for managing complexity Does your organization manage complexity by making things more complicated? If so, you are not alone. According to The Boston Consulting Group’s fascinating Complexity Index, business complexity has increased sixfold during the past sixty years. And, all the while, organizational complicatedness—that is, the number of structures, processes, committees, decision-making forums, and systems—has increased by a whopping factor of thirty-five. In their attempt to respond to the increasingly complex performance requirements they face, company leaders have created an organizational labyrinth that makes it more and more difficult to improve productivity and to pursue innovation. It also disengages and demotivates the workforce. Clearly it’s time for leaders to stop trying to manage complexity with their traditional tools and instead better leverage employees' intelligence. This book shows you how and explains the implications for designing and leading organizations. The way to manage complexity, the authors argue, is neither with the hard solutions of another era nor with the soft solutions—such as team building and feel-good “people initiatives”—that often follow in their wake. Based on social sciences (notably economics, game theory, and organizational sociology) and The Boston Consulting Group’s work with more than five hundred companies in more than forty countries and in various industries, authors Yves Morieux and Peter Tollman recommend six simple rules to manage complexity without getting complicated. Showing why the rules work and how to put them into practice, Morieux and Tollman give managers a much-needed tool to reinvigorate people in the face of seemingly endless complexity. Included are detailed examples from companies that have achieved a multiplicative effect on performance by using them. It’s time to manage complexity better. Employ these six simple rules to foster autonomy and cooperation and to effectively handle business complexity. As a result, you will improve productivity, innovate more, reengage your workforce, and seize opportunities to create competitive advantage.
