Written in English this practice-oriented textbook covers all stages of the strategy process.
Besides strategic analysis strategy formulation and business model innovation the true
challenges of strategic management will also be explained in detail: strategy execution and
transformation. The context of strategy is currently experiencing radical changes in the world
economy planetary health and socio-political foundations. In the era of sustainability
corporate leaders need to rethink their strategic management approach to effectively deal with
these new and disruptive market situations. Sustainable strategizing is considered essential
for future-proofing today's enterprises transforming markets and leading the way toward a
sustainable future for both business and society. As a response to these developments this
updated and expanded edition continues to present the essentials of contemporary strategic
management but it also identifies explores and integrates ecological and social
sustainability considerations to a great extent. As a result key concepts of sustainable
strategizing from mindsets impact materiality and purpose to business cases sustainable
business models regeneration and transformation have been embedded and enhanced in the entire
book. Other advancements are in the areas of dynamic capabilities organizational ambidexterity
open strategy the business ecosystem perspective and strategic control. Including a wealth of
real-life strategy practice examples and strategic snapshots Including a hands-on strategy
workout exercises and review questions for students Including teaching aids for lecturers In
summary students and practitioners will find many insights that will assist them in adding
value to their organizations and society during the turbulent years ahead.
