Strategic Flexibility

Strategic Flexibility PDF

Author: Kathryn Rudie Harrigan

Publisher: Simon and Schuster

Published: 1985

Total Pages: 232

ISBN-13: 0669102229

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Many companies refuse to face the reality that their businesses are in trouble or that their strategic positions are wrong. Whether a product line is no longer profitable, foreign competition has slowed growth, or technological changes have left them behind, many otherwise well-managed companies hang on for too long to the status quo. In this inflexible posture, managements time and talent go to waste, assets grow sterile, and technology falls behind. This book will help managers overcome the exit barriers that hamper strategic flexibility. Based on innovative studies of 192 firms within Sixteen industries, the ideas presented here are applicable to almost any industry and any type of firm. Harrigan discusses the major strategic decisions facing executives today, including guerrilla strategies of underdog competitors, entry and exit barriers, the use of joint ventures to cope with the uncertainties created by erratic growth, and the management of change. She focuses on the shortcomings of vertical integration, developing a framework for better make-or-buy decisions. The effects of exit barriers on firms' strategic flexibility are detailed, and managerial tools to cope with high barriers and declining businesses are introduced. "Strategic Flexibility" is organized to provide easy reference for managers seeking to find out what strategies have worked and why. This book offers practical, proven ways for managers to expand the flexibility and responsiveness of their companies to new competitive conditions.

The Art of Strategy

The Art of Strategy PDF

Author: Hwy-Chang Moon

Publisher: Cambridge University Press

Published: 2018-08-09

Total Pages: 335

ISBN-13: 1108470300

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A novel integration and extension of two global strategy classics: Sun Tzu's military strategy and Michael Porter's business strategy.

Strategic Flexibility

Strategic Flexibility PDF

Author: Gary Hamel

Publisher: Wiley

Published: 1999-01-26

Total Pages: 416

ISBN-13: 9780471984733

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Published in association with the Strategic Management Society, this books illustrates the best in global strategic management. In particular, the theme of "strategic flexibility"--i.e., the ability to manage effectively in a world of ever-growing change--is introduced.

Strategic Flexibility

Strategic Flexibility PDF

Author: John David North

Publisher: Simon and Schuster

Published: 2007-09-11

Total Pages: 232

ISBN-13: 1416576703

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Argues that Stonehenge's scientific purpose was to observe the setting midwinter sun, and that astronomical observations made by the ancient Britons were as rational and methodical as they are today.

Marketing Competences and Strategic Flexibility in China

Marketing Competences and Strategic Flexibility in China PDF

Author: Y. Wang

Publisher: Springer

Published: 2006-12-01

Total Pages: 261

ISBN-13: 023028860X

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Today's China presents a unique setting for organizations. Through an examination of current Chinese business, this book addresses its business culture and environment. In particular, it considers how firms build distinctive capabilities of organizational learning and strategic flexibility to achieve superior customer-focused performance.

Strategic Market Management

Strategic Market Management PDF

Author: David A. Aaker

Publisher: John Wiley & Sons

Published: 2010

Total Pages: 369

ISBN-13: 0470689757

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Suitable for all business students studying strategy and marketing courses in the UK and in Europe, this text also looks at important issues such as the financial aspects of marketing.

Strategies and Techniques for Quality and Flexibility

Strategies and Techniques for Quality and Flexibility PDF

Author: Miryam Barad

Publisher: Springer

Published: 2017-11-03

Total Pages: 121

ISBN-13: 3319684000

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This book presents strategic perspectives on quality and flexibility, as well as quantitative tools for assessing their implementation in a range of systems. It introduces readers to the global changes in the relative importance of quality strategies and flexibility strategies over the past 30 to 40 years. In addition, it presents detailed examples of how multi-purpose techniques such as design of experiments, petri nets and quality function deployment can be applied to evaluate quality and flexibility in the design, planning and operation of various systems. Uniquely, the book combines strategies and quantitative research tools in a single volume. It also includes many examples that are accessible to readers from different disciplines, and familiarizes readers with techniques that can facilitate their current and future research – making it a valuable resource for researchers, practitioners and advanced students alike.

Cases in Strategic Management

Cases in Strategic Management PDF

Author: Sanjay Dhir

Publisher: Springer

Published: 2019-04-16

Total Pages: 260

ISBN-13: 9811370648

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This book shows how strategic management can be practiced in the context of flexibility. It discusses strategic formulation and implementation perspectives and practices, including vision and mission, general environment analysis, industry analysis, competitive advantage, resource and capability view, generic strategies, business level strategy, corporate level strategy, international strategy, change and turnaround, strategic implementation, and strategic controls, as well as flexibility embedded in these concepts. It can be used as a primary textbook for managerial programs for executives, and as a supplementary case textbook for core MBA courses. Exploring “Strategic Formulation” and “Strategic Implementation” concepts from a flexibility perspective, it is also an excellent companion to leading strategic management textbooks.

Flexible Strategies in VUCA Markets

Flexible Strategies in VUCA Markets PDF

Author: Sanjay Dhir

Publisher: Springer

Published: 2018-06-09

Total Pages: 273

ISBN-13: 9811089264

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This book discusses the concepts of volatility, uncertainty, complexity, and ambiguity (VUCA) that are the core of various paradigms used in strategic management to understand competitive advantage as well as flexibility in organizational boundaries. It serves as a valuable reference resource in the area of VUCA markets. An increase in the levels and types of uncertainty has important implications potentially for the durability of a company’s advantages, the way firms learn and adapt, approaches for managing innovation and knowledge, and the attractiveness of different strategies and organizational models. In today’s world, strategic flexibility in VUCA is essential for business leaders to sustain market advantage and attain a clear vision amid the chaos. Business leaders who stay focused and are aware of external volatility as the prevalent characteristic are successful, while those who are not flexible in this VUCA world and lock themselves into fixed positions lose out. The book includes empirical and conceptual research papers along with case studies and models discussing strategies for emerging markets in volatile and uncertain environments. It also covers a variety of issues, including innovation, people and processes, financial management, and leadership and strategies in VUCA markets. Apart from research fraternity and academia, the contents of the book will be useful for practitioners as well as industry watchers.

Real Options

Real Options PDF

Author: Lenos Trigeorgis

Publisher: MIT Press

Published: 1996-03-14

Total Pages: 452

ISBN-13: 9780262201025

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Comprehensive in scope, Real Options reviews current techniques of capital budgeting and details an approach (based on the pricing of options) that provides a means of quantifying the elusive elements of managerial flexibility in the face of unexpected changes in the market. In the 1970s and the 1980s, developments in the valuation of capital-investment opportunities based on options pricing revolutionized capital budgeting. Managerial flexibility to adapt and revise future decisions in order to capitalize on favorable future opportunities or to limit losses has proven vital to long-term corporate success in an uncertain and changing marketplace. In this book Lenos Trigeorgis, who has helped shape the field of real options, brings together a wealth of previously scattered knowledge and research on the new flexibility in corporate resource allocation and in the evaluation of investment alternatives brought about by the shift from static cash-flow approaches to the more dynamic paradigm of real options—an approach that incorporates decisions on whether to defer, expand, contract, abandon, switch use, or otherwise alter a capital investment. Comprehensive in scope, Real Options reviews current techniques of capital budgeting and details an approach (based on the pricing of options) that provides a means of quantifying the elusive elements of managerial flexibility in the face of unexpected changes in the market. Also discussed are the strategic value of new technology, project interdependence, and competitive interaction. The ability to value real options has so dramatically altered the way in which corporate resources are allocated that future textbooks on capital budgeting will bear little resemblance to those of even the recent past. Real Options is a pioneer in this area, coupling a coherent picture of how option theory is used with practical insights in into real-world applications.