Overview
- Introduces Dynamic Decision Management (DDM) as a new holistic management approach for strategic decision making
- Integrates the influence of uncertainty and entrepreneurial flexibility in the strategic decision making process
- Simplifies the evaluation of alternatives, while enhancing accuracy
- Presents four case studies that address critical issues for global business management
- Includes supplementary material: sn.pub/extras
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
About this book
What is the probability of your operations achieving the desired profitability? What role does flexibility play in your business plans? Have you ever considered its value in concrete terms? Being able to react to the unexpected by taking a strategic change of course can prove to be the salvation of a company and its leaders. Flexibility, risk, probability and their interrelated value are the key components of Dynamic Decision Management (DDM), a breakthrough approach to validating your decision making process and ensuring the desired results.
Using the DDM approach, the well-known and widely accepted complex methods involving scenario building become obsolete. Why? Because DDM does the unthinkable: It integrates the influence of uncertainty and entrepreneurial flexibility in the strategic decision making process and does so with precision.
Authors and Affiliations
About the authors
Jochen Gerber founded a business consultancy - G5-Partners, Dynamic Decision Advisory in 2013 after having spent several years in a lead role at an Energy industry company. As member of the extended Management Board for Energy Practice at A.T. Kearney he drove the development of Dynamic Decision Management. Throughout his career he has been active extensively in the areas of Strategy, Technology and Innovation Management. Prior to entering the consulting field, Jochen Gerber worked for a renowned international accounting firm.
Hanjo Arms is Vice President & Partner at A.T. Kearney and is responsible for Corporate Finance Practice in Germany, Austria and Switzerland. He is also member of the global Utilities Practice.
Mathias Wiecher, based out of the New York office of A.T. Kearney, is a member of the global Energy Practice and focuses on Strategy Development & Assessment, M&A and Transformation. Having a strong academic background in mathematics, Mathias Wiecher serves as inhouse expert for the set-up of valuation models, especially for investments in power generation systems in the field of Renewable Energy.
Bibliographic Information
Book Title: Leveraging Flexibility
Book Subtitle: Win the Race with Dynamic Decision Management
Authors: Jochen Gerber, Hanjo Arms, Mathias Wiecher, Christian Danner
DOI: https://doi.org/10.1007/978-3-642-54362-3
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Business and Management (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2014
Hardcover ISBN: 978-3-642-54361-6Published: 11 August 2014
Softcover ISBN: 978-3-662-51498-6Published: 01 October 2016
eBook ISBN: 978-3-642-54362-3Published: 25 September 2014
Edition Number: 1
Number of Pages: XV, 144
Number of Illustrations: 40 illustrations in colour
Topics: Business Strategy/Leadership, Operations Research/Decision Theory, Engineering Economics, Organization, Logistics, Marketing, Entrepreneurship, Finance, general, Management