Overview
- The key advantage of this book is that it provides a solid and well-argued overview of the two schools of thought, strategic and financial thinking
- Indicates a path through the conflict between financial and strategic thinking
- Written by a top-manager and a well-known scientist
- Includes supplementary material: sn.pub/extras
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Table of contents (12 chapters)
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Front Matter
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Basic Principles
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The Four Seasons Of Business
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The Art of Balance — A Closing Remark
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Back Matter
Keywords
About this book
Companies' decision-making and planning systems find themselves in a constant tug of war between strategic and financial considerations. The authors analyze these two opposing currents in business thinking, dissecting their differences and identifying their best practices. They also develop an approach that reconciles the two conflicting schools of thought – without watering down their differences. Schwenker und Spremann argue that both strategic and financial perspectives can serve as a compass in management's decision-making processes: Which perspective to choose depends on the phase of business. The authors distinguish four phases in the company lifecycle – phases in which the business must find the proper position, develop, grow and, ultimately, earn. In the first two phases, strategic considerations should take priority; in the latter two phases, financial considerations rule the day.
Authors and Affiliations
Bibliographic Information
Book Title: Management Between Strategy and Finance
Book Subtitle: The Four Seasons of Business
Authors: Burkhard Schwenker, Klaus Spremann
DOI: https://doi.org/10.1007/978-3-540-85275-9
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Business and Management (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2009
Hardcover ISBN: 978-3-540-85274-2Published: 20 November 2008
Softcover ISBN: 978-3-642-09899-4Published: 10 November 2010
eBook ISBN: 978-3-540-85275-9Published: 21 November 2008
Edition Number: 1
Number of Pages: XIII, 325
Topics: Business Strategy/Leadership, Finance, general, Entrepreneurship