Effective Implementation of Transformation Strategies Kartoniert (TB)

This book sheds light on the processes and cognitions used by managers to successfully implement strategies while navigating the strategy and change interface. 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 as sumes 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.