The Turbulence Concept
Strategic Management for Difficult Times
Book
Hardback
250 pages
978-0-471-97491-8 (ISBN)
Description
In the 21st century, business environments will be turbulent, complex and unstable. In seeking to optimize a firm's strategic behaviour and ensure business success, this book illustrates five levels of turbulence, varying from unchanging to totally unpredictable, and outlines the planning and control methods, culture and competencies needed for each level.
More details
Language
English
Place of publication
Chichester
United Kingdom
Publishing group
John Wiley and Sons Ltd
Target group
Professional and scholarly
Dimensions
Height: 230 mm
ISBN-13
978-0-471-97491-8 (9780471974918)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Content
THE PROBLEM; Strategy Choice Puzzle; Experience with Proposed Success Strategies; EVOLUTION OF ENVIRONMENTAL TURBULENCE; The Mass Production Era; The Post-Industrial Era; Post-Industrial Strategic Behavior; DIAGNOSING FIRMS' READINESS TO SUCCEED IN THE FUTURE; Shift form Extrapolation of History to Vision of the Future; Shift from Market to Strategic Segmentation; Concept of Strategic Business Area; Coping with Unpredictability of Long Term Future; CONTIGENT STRATEGIC SUCCESS PARADIGM; Evolution of the Paradigm; Validation of the Paradigm; STRATEGIC DIAGNOSIS; Readiness Gap; Strategic Diagnosis; Degradation of Profitability; Consequences of Diagnosis; Choosing Course of Action; TRANSFORMING THE FIRM; Accordion Strategic Transformation; Strategic Management Road Map; OPTIMISING PROFITABILITY IN TURBULENT ENCIRONMENTS; Albert Einstein; Ashby's Theorem; Real Time Strategic Management on Turbulent Level 2; On Level 3; On Level 4; 'If it is Too Hot in the Kitchen Go the Parlour'; Strategic Management of Technology; Transitional Strategic Management; Major Topics of Strategic Management.