Strategic Tools In Dynamic Environments

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Strategic Tools in Dynamic Environments

Author : Cornelius Herzog
Publisher : GRIN Verlag
ISBN 13 : 364070309X
Total Pages : 70 pages
Book Rating : 4.6/5 (47 download)

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Book Synopsis Strategic Tools in Dynamic Environments by : Cornelius Herzog

Download or read book Strategic Tools in Dynamic Environments written by Cornelius Herzog and published by GRIN Verlag. This book was released on 2010-09-13 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: 1,2, European Business School - International University Schloß Reichartshausen Oestrich-Winkel, language: English, abstract: "The reason why firms succeed or fail is perhaps the central question in strategy" stated Porter. While traditional strategy approaches can soundly answer this central question in stable environments, these approaches are not directly applicable to dynamic environments and there is currently no final and complete answer that determines the causes for a company’s failure or success with their strategies in dynamic environments. Nevertheless, there are many examples of companies that outperform their competitors even in dynamic environments, such as Microsoft and Intel, and there are many examples of companies that have not been successful at all, such as Siemens and BenQ with their mobile phone division. One critical point of each strategy is the strategic management process during which the strategy is developed and implemented and during which strategic tools such as the famous SWOT analysis or Porter’s five forces are used, for example, to structure or collect data. The purpose of this paper is to explore if strategic tools developed in stable environments are still suitable in dynamic environments or if there are certain constraints. Therefore, the paper builds on existing literature to develop a thorough understanding of dynamic environments and successful patterns of strategy in dynamic environments, and based on this understanding, an analysis framework is developed to analyze several strategic tools. The new finding is that the use of strategic tools is still desirable in dynamic environments, but that there are limitations that must be considered to obtain useful results when using tools. This finding is used to develop a categorization of strategic tools and to propose a new framework for the use of strategic tools in dynamic environments.

Strategic Tools in Dynamic Environments

Author : Cornelius Herzog
Publisher : GRIN Verlag
ISBN 13 : 3640703847
Total Pages : 73 pages
Book Rating : 4.6/5 (47 download)

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Book Synopsis Strategic Tools in Dynamic Environments by : Cornelius Herzog

Download or read book Strategic Tools in Dynamic Environments written by Cornelius Herzog and published by GRIN Verlag. This book was released on 2010-09 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: 1,2, European Business School - International University Schlo Reichartshausen Oestrich-Winkel, language: English, abstract: "The reason why firms succeed or fail is perhaps the central question in strategy" stated Porter. While traditional strategy approaches can soundly answer this central question in stable environments, these approaches are not directly applicable to dynamic environments and there is currently no final and complete answer that determines the causes for a company's failure or success with their strategies in dynamic environments. Nevertheless, there are many examples of companies that outperform their competitors even in dynamic environments, such as Microsoft and Intel, and there are many examples of companies that have not been successful at all, such as Siemens and BenQ with their mobile phone division. One critical point of each strategy is the strategic management process during which the strategy is developed and implemented and during which strategic tools such as the famous SWOT analysis or Porter's five forces are used, for example, to structure or collect data. The purpose of this paper is to explore if strategic tools developed in stable environments are still suitable in dynamic environments or if there are certain constraints. Therefore, the paper builds on existing literature to develop a thorough understanding of dynamic environments and successful patterns of strategy in dynamic environments, and based on this understanding, an analysis framework is developed to analyze several strategic tools. The new finding is that the use of strategic tools is still desirable in dynamic environments, but that there are limitations that must be considered to obtain useful results when using tools. This finding is used to develop a categorization of strategic tools and to propose a new framework for the use of strategic tools

Your Strategy Needs a Strategy

Author : Martin Reeves
Publisher : Harvard Business Review Press
ISBN 13 : 1625275870
Total Pages : 281 pages
Book Rating : 4.6/5 (252 download)

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Book Synopsis Your Strategy Needs a Strategy by : Martin Reeves

Download or read book Your Strategy Needs a Strategy written by Martin Reeves and published by Harvard Business Review Press. This book was released on 2015-05-19 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: You think you have a winning strategy. But do you? Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other. Should you aim to be big or fast? Should you create a blue ocean, be adaptive, play to win—or forget about a sustainable competitive advantage altogether? In a business environment that is changing faster and becoming more uncertain and complex almost by the day, it’s never been more important—or more difficult—to choose the right approach to strategy. In this book, The Boston Consulting Group’s Martin Reeves, Knut Haanæs, and Janmejaya Sinha offer a proven method to determine the strategy approach that is best for your company. They start by helping you assess your business environment—how unpredictable it is, how much power you have to change it, and how harsh it is—a critical component of getting strategy right. They show how existing strategy approaches sort into five categories—Be Big, Be Fast, Be First, Be the Orchestrator, or simply Be Viable—depending on the extent of predictability, malleability, and harshness. In-depth explanations of each of these approaches will provide critical insight to help you match your approach to strategy to your environment, determine when and how to execute each one, and avoid a potentially fatal mismatch. Addressing your most pressing strategic challenges, you’ll be able to answer questions such as: • What replaces planning when the annual cycle is obsolete? • When can we—and when should we—shape the game to our advantage? • How do we simultaneously implement different strategic approaches for different business units? • How do we manage the inherent contradictions in formulating and executing different strategies across multiple businesses and geographies? Until now, no book brings it all together and offers a practical tool for understanding which strategic approach to apply. Get started today.

Strategy Development in Dynamic Environments

Author : Jeffrey Hansberger
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783843378413
Total Pages : 80 pages
Book Rating : 4.3/5 (784 download)

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Book Synopsis Strategy Development in Dynamic Environments by : Jeffrey Hansberger

Download or read book Strategy Development in Dynamic Environments written by Jeffrey Hansberger and published by LAP Lambert Academic Publishing. This book was released on 2010-11 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of strategies in everyday dynamic tasks and situations is a common occurrence and is vital to successfully accomplishing many tasks. Researchers have long been interested in how people use and develop strategies. However, as many researchers have pointed out, the majority of the research addressing this issue has focused on the outcomes rather than the potentially more informative aspects of strategy development and the process and mechanisms of change and adaptation. This book examines the mechanisms of strategy variability and selection utilizing a longitudinal method that focuses on individual strategy development called the microgenetic approach. The primary purpose was to examine strategy development and focus on the role of variability among strategies over time within a dynamic task environment. The results suggest that variability plays a major role in adaptive skill acquisition in a dynamic environment, however in the opposite direction predicted by previous research done with simple static tasks.

Wharton on Dynamic Competitive Strategy

Author : George S. Day
Publisher : John Wiley & Sons
ISBN 13 : 9780471689577
Total Pages : 484 pages
Book Rating : 4.6/5 (895 download)

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Book Synopsis Wharton on Dynamic Competitive Strategy by : George S. Day

Download or read book Wharton on Dynamic Competitive Strategy written by George S. Day and published by John Wiley & Sons. This book was released on 2004-08-13 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Wharton Business School ist die älteste Institution ihrer Art in Amerika und eine der bestangesehenen der Welt. Ein Expertenteam aus fünf verschiedenen Fachgebieten in Wharton diskutiert hier eine der wichtigsten Fragen für ein Unternehmen der Gegenwart - die Sicherung der Wettbewerbsfähigkeit. Neueste Konzepte kreativer Strategien werden vorgestellt.

Management in a Dynamic Environment

Author : Rico Baldegger
Publisher : Springer Science & Business Media
ISBN 13 : 3834937487
Total Pages : 378 pages
Book Rating : 4.8/5 (349 download)

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Book Synopsis Management in a Dynamic Environment by : Rico Baldegger

Download or read book Management in a Dynamic Environment written by Rico Baldegger and published by Springer Science & Business Media. This book was released on 2012-07-09 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides basic management knowledge in a clearly structured way. Fundamental aspects of management are described, on the basis of which a model of the enterprise is outlined. This allows readers to find their way around easily, to reflect, then to set new approaches in context and examine them in a critical light. The practical examples, the interpretation questions, and the short case studies at the end of the chapters facilitate the transition from theory to practice.

Strategic Management in the Innovation Economy

Author : Thomas H. Davenport
Publisher : John Wiley & Sons
ISBN 13 : 3895786039
Total Pages : 441 pages
Book Rating : 4.8/5 (957 download)

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Book Synopsis Strategic Management in the Innovation Economy by : Thomas H. Davenport

Download or read book Strategic Management in the Innovation Economy written by Thomas H. Davenport and published by John Wiley & Sons. This book was released on 2007-06-27 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovative ruptures of traditional boundaries in value chains are requiring companies to rethink how they go to market, what they need to own, what they need to retain and innovate as core competencies, and how they innovatively deal with suppliers and customers. The key message of the book is that the new knowledge-networked innovation economy requires a totally different strategic management mindset, approach and toolbox, and its major value-added is a new strategic management approach and toolbox for the innovation economy - a poised strategy approach. Designed for both managers and advanced business students, the book provides a unique combination of new management theory, selected managerial articles by prominent scholars such as Clayton Christensen, Henry Chesbrough, Sumantra Ghoshal, Quinn Mills, and Peter Senge, and a wide array of real-world case examples including GE, Shell, IBM, HP, BRL Hardy, P&G, Southwest Airlines and McGraw-Hill, within the dynamics of industries such as airlines, energy, telecommunications, wine & beverages, and computing. The authors illustrate powerful new strategic innovation concepts and tools, such as poised strategy for managing multiple business models, poised strategy scorecards (moving beyond the well-known balanced scorecard), the wheel of business model reinvention, and organizational rejuvenation methods. The book includes the concepts of: Poised Strategic Management, Organizational Rejuvenation, Business Models as Platform for Strategy, Poised Scorecards, Identifying Sources of Innovation in Business Ecosystems.

Strategic Thinking Handbook #2

Author : Haines Stephen
Publisher : Systems Thinking Press
ISBN 13 : 9780971915961
Total Pages : 100 pages
Book Rating : 4.9/5 (159 download)

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Book Synopsis Strategic Thinking Handbook #2 by : Haines Stephen

Download or read book Strategic Thinking Handbook #2 written by Haines Stephen and published by Systems Thinking Press. This book was released on 2007 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Project Portfolios in Dynamic Environments

Author : Brian Hobbs
Publisher : Project Management Institute
ISBN 13 : 1628250127
Total Pages : 307 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Project Portfolios in Dynamic Environments by : Brian Hobbs

Download or read book Project Portfolios in Dynamic Environments written by Brian Hobbs and published by Project Management Institute. This book was released on 2012-05-01 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project Portfolios in Dynamic Environments: Organizing for Uncertainty is a comprehensive report of research that addresses this important, rising issue. Authors Yvan Petit and Brian Hobbs present the results of their investigation in a report that significantly advances the theory and also offers tips for practice. Currently, those applying project portfolio management tend to focus on the selection, prioritization, and strategic alignment of projects. Little attention is afforded the potential disturbances to project portfolios such as new projects, terminated projects, delayed projects, incorrect planning due to high uncertainty, and changes in the external environment. Yet, these factors can have highly disruptive, even show-stopping influence. This research seeks to answer: How is uncertainty affecting project portfolios managed in dynamic environments?

Strategic Management

Author : Abbass Alkhafaji
Publisher : Routledge
ISBN 13 : 1135186367
Total Pages : 334 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Strategic Management by : Abbass Alkhafaji

Download or read book Strategic Management written by Abbass Alkhafaji and published by Routledge. This book was released on 2013-10-31 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Airborne Express, Hershey's, Motorola, Pillsburyhow do the executives of international corporations formulate effective strategies for corporate success? Filled with helpful insights into the state of the art in strategic management, this book provides a framework for the formulation, implementation, and control of strategies for all types of domestic and global organizations. You'll also find 21 suggested corporate cases for analysis (complete with reference sources), including Blockbuster Video, PepsiCo, Harley-Davidson, Nike, Home Depot, and Microsoft. This up-to-date volume gives you a comprehensive overview of strategic management in an easy-to-read format. It addresses important current issues, such as TQM (Total Quality Management), reengineering, benchmarking, and the formulation of strategic management in international markets. Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment is a part of The Haworth Press, Inc. promotion book series edited by Richard Alan Nelson, Ph.D., APR. Here is a small sample of what Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment will teach you about: the definition, meaning, and history of strategic management the difference between business policy and business strategy corporate structure, governance, and culture mission statements how to assess the corporate/business environmentinternal, external, and macro how to formulate an effective business strategy strategic alternativesspecialization, diversification, alliances, joint ventures, acquisitions, and more dealing with foreign governments and competing on a global scale the role of the general manager and the board of directors the control process and ways to measure the financial soundness of strategic decisions management techniques for not-for-profit companies Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment is an ideal reference for any teacher, student, or professional in the management arena.

Competitive Strategies for Dynamic Business Environments

Author : Michael Kipkorir Langat, Alex Joe Ehoro, Victor Uwadibie Chukwuma, Vito Baridula
Publisher : AJPO Journals USA LLC
ISBN 13 : 9914745385
Total Pages : 79 pages
Book Rating : 4.9/5 (147 download)

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Book Synopsis Competitive Strategies for Dynamic Business Environments by : Michael Kipkorir Langat, Alex Joe Ehoro, Victor Uwadibie Chukwuma, Vito Baridula

Download or read book Competitive Strategies for Dynamic Business Environments written by Michael Kipkorir Langat, Alex Joe Ehoro, Victor Uwadibie Chukwuma, Vito Baridula and published by AJPO Journals USA LLC. This book was released on 2023-03-06 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Strategic Management Practices and Organization Performance of Deposit Taking SACCOs in Kericho County Conscientiousness and Employee Commitment in Manufacturing Companies in Port Harcourt, Nigeria Leader Attunement: A Precursor to Employee Work Involvement in the Deposit Money Banks, Port Harcourt, Nigeria Procedural Justice and Organizational Citizenship Behaviour of Deposit Money Banks in Rivers State, Nigeria

The Strategy Pathfinder

Author : Duncan Angwin
Publisher : John Wiley & Sons
ISBN 13 : 1119311896
Total Pages : 680 pages
Book Rating : 4.1/5 (193 download)

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Book Synopsis The Strategy Pathfinder by : Duncan Angwin

Download or read book The Strategy Pathfinder written by Duncan Angwin and published by John Wiley & Sons. This book was released on 2017-09-20 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real-world strategic management practice in an interactive micro-case format The Strategy Pathfinder presents an innovative, dynamic guide to strategic thinking and practice. Using real-world case examples from companies like Apple, the BBC, Hyundai, LEGO, McDonalds, Nike and SpaceX to illustrate critical concepts, this book enables readers to actively participate in real-world strategy dilemmas and create their own solutions. Strategy Pathfinder’s ‘live’ micro-cases provoke discussion about business models, value creation, new ventures and more, while its complimentary instructional content introduces you to the best ‘classic’ and new tools of strategic management. Rather than passively reproducing past and current ideas, Strategy Pathfinder encourages strategic thinkers to learn by doing. The book is designed to help the reader to develop a clear understanding of key concepts while shifting your thought processes towards real strategic action and innovation by enabling you to: Use strategy theories and frameworks to engage in analytical and creative discussions about key strategic issues facing real companies today Form strategic views for yourself, and test them against the views of others Effectively make and communicate recommendations based on solid strategic analysis that stand up to scrutiny from multiple stakeholders Become an active producer of new strategic ideas rather than a passive receiver of past wisdom This third edition has been updated with new chapters and cases to reflect the latest, cutting-edge issues in strategic thinking and practice. And the updated companion website offers students, instructors and managers more resources to facilitate understanding, interaction and innovation. As an active learning experience, The Strategy Pathfinder 3rd Edition engages the reader in the work of strategy practitioners. By arming you with the empirical research you need, and the best strategic management theories and frameworks to better analyse situations you're likely to encounter or already facing in your career, The Strategy Pathfinder teaches you how to improve your strategic thinking and practice, and develop your own strategic pathways for the future.

Tools for Strategy

Author : Henri Hakala
Publisher : Cambridge University Press
ISBN 13 : 1108858074
Total Pages : 102 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Tools for Strategy by : Henri Hakala

Download or read book Tools for Strategy written by Henri Hakala and published by Cambridge University Press. This book was released on 2020-09-24 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element discusses the concept and applications of strategy tools. Strategy tools are frameworks, techniques, and methods that help individuals and organizations to create their strategies. After a brief overview of different ideas on strategy and strategic thinking, we move on to define and discuss what strategy tools are and elaborate on the promise and perils of using them to implement strategic management. We review the most commonly used, classic tools and techniques, but also less well-known tools of the strategy trade, as proposed by scholars writing in the leading strategy journals. We conclude by offering suggestions on how to improve strategic design and the effectiveness of the resultant strategy through the selective use of the most appropriate tools. Overall, this Element provides a quick overview of the tools that are available to those tasked with creating organizational strategies and making strategic decisions.

Reinventing Strategic Planning for a Dynamic Environment

Author : American Productivity & Quality Center
Publisher :
ISBN 13 :
Total Pages : 77 pages
Book Rating : 4.:/5 (493 download)

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Book Synopsis Reinventing Strategic Planning for a Dynamic Environment by : American Productivity & Quality Center

Download or read book Reinventing Strategic Planning for a Dynamic Environment written by American Productivity & Quality Center and published by . This book was released on 1997 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Advanced Strategic Management

Author : Roberto S. Vassolo
Publisher : Springer Nature
ISBN 13 : 3031574192
Total Pages : 298 pages
Book Rating : 4.0/5 (315 download)

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Book Synopsis Advanced Strategic Management by : Roberto S. Vassolo

Download or read book Advanced Strategic Management written by Roberto S. Vassolo and published by Springer Nature. This book was released on with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Marketing in the Global Forest Industries

Author : Heikki Juslin
Publisher :
ISBN 13 :
Total Pages : 616 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Strategic Marketing in the Global Forest Industries by : Heikki Juslin

Download or read book Strategic Marketing in the Global Forest Industries written by Heikki Juslin and published by . This book was released on 2002 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Dynamic Business Strategy

Author : Martin Reeves
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110755505
Total Pages : 140 pages
Book Rating : 4.1/5 (17 download)

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Book Synopsis Dynamic Business Strategy by : Martin Reeves

Download or read book Dynamic Business Strategy written by Martin Reeves and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-11-22 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The playing field for business has changed significantly in recent decades. The pace of change is accelerating, driven by increased technological progress and shrinking business lifespans. Economic and political uncertainty has risen dramatically and is likely to remain at elevated levels. Industry boundaries are blurring, increasing the potential paths to competitive disruption. Strategy is not dead—in fact, as the gap between winners and losers within industries continues to grow, it is more important than ever. However, the playbook needs to be reinvented for today’s business environment. Classical sources of competitive advantage, such as scale and differentiation, have not gone away, but they have been complemented by new dimensions of competition. This book discusses the new role of strategy in a dynamic, unpredictable context. Part 1 of this book revisits classical strategy frameworks and what changes should be made to apply them to the modern era. Part 2 discusses new strategic capabilities companies need today, such as adapting to uncertain environments and shaping new or disrupted ones. Part 3 examines the expanding boundaries of strategy, including new competitive imperatives as well as the wider range of timescales on which businesses must now operate. Drawing on the work of the BCG Henderson Institute and its fellows and ambassadors over several years, Dynamic Strategy will help business professionals as well as academics and students with an interest in strategy understand the new competitive challenges that businesses face and develop a playbook to address them. Events around the book Link to a De Gruyter Online Event in which Martin Reeves, Chairman of the BCG Henderson Institute, talks about successful business strategies in turbulent times: https://youtu.be/84YE4DBdQpo