
Effective Implementation of Transformation Strategies
Description
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It applies the latest thinking from the resource-based literature, in particular the idea that high performing organisations have become adept at honing and utilising value creating dynamic capabilities. Key processes and cognitions help organisational leaders sense opportunities and threats as well as shrewdly seize strategic opportunities to advantageously enhance performance. The book also adopts an institutional view; that is, it assumes that organisations must satisfy their stakeholders while navigating a range of influences, including other organisations, markets, laws, quality standards, conventions, and cultural norms.
This book conceptualises corporate strategy as an amalgam of four fundamental strategies: the organisation's financial, customer value creation, resource, and non-market strategies. These strategies address the capital, product and services, and resource markets as well as various non-market institutions. Successfully integrating and implementing these four strategies allow organisations to enable their employees' multidisciplinary talents. By approaching strategy in this way, the book demonstrates why it is important to monitor changes to the organisation's strategic context and helps it identify the practices, collaborations, and projects necessary to achieve spectacular strategic change.
Reviews / Votes
"An interesting and diverse assortment of articles addressing the connections between strategy and strategy implementation." (Philip Bromiley, Dean's Distinguished Professor in Strategic Management, UCI Paul Merage School of Business, United States)
"This is a must-read collection of papers from leading experts in strategy and change management, which bridges the worlds of academia and industry. The book is full of critical, cutting-edge and research-driven insights, enabling it to serve as a guide for leaders keen to formulate and implement strategies in dynamic business environments." (Zhou Jiang, Professor (MBA) at Graduate School of Business and Law, RMIT University, Australia)
"This book takes a comprehensive view of strategy and offers suggestions that should be of value to practitioners." (Linda Duxbury, Chancellor's Professor of Management, Sprott School of Business, Carleton University, Canada)
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File format: PDF
Copy protection: Watermark-DRM (Digital Rights Management)
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