Understanding business strategy: confusion and consensus

by Iruthayasamy, Lourdesamy

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Title Statements

Full title :Understanding business strategy : confusion and consensus / Lourdesamy Iruthayasamy.

Summary

This book cuts through the strategy verbiage to get to the fundamentals of business strategyits meaning, formulation, and implementation. Challenges to understanding strategy are examined, including institutions and national culture. Strategy theories are not just explained but assessed in terms of their validity, limitations, and applicability across countries, cultures, and organisations. The thinking and works of major strategists like Ohmae, Mintzberg, Porter, Rumelt, Barney, Prahalad, Hamel, Peng, Kim, and Mauborgne are reviewed in the context of strategic thinking, strategy formulation, and strategy implementation. The confusion and consensus in strategy are highlighted. While not prescriptive in terms of telling the corporate leader how to formulate strategy, for there is no one best strategy or one best way to formulate strategy, the book does identify broad approaches to corporate strategy formulation and implementation and the underlying principles. To this extent, corporate leaders and students and instructors of business and management will find the book informative and instructive.

Edition Statements

Publication Date:2021.

Publication Statements

Publisher(s):Springer
Place of Publication:Singapore
Language:eng
Publication Date:2021.

The Physical Object

Description:1 online resource (133 pages)

Edition Identifiers

ISBN:9789813365421, 9813365420
DOI:10.1007/978-981-33-6542-1
oclc:on1241448130
LC Classification:HD30.28
Dewey Decimal:658.4/012

Chapter 1: What is Business Strategy? -- Chapter 2: Strategy Making and Implementing.-Chapter 3: The I/O Model -- Chapter 4: The Resource -- Based View -- Chapter 5: The Third Leg of Strategy -- Chapter 6: Blue Ocean versus Red Ocean Concluding Thoughts.