Overview
- Provides an understanding of what strategy is, the different options to formulate and implement strategy, and the merits and weaknesses of the different strategy approaches
- Integrates the writings and research findings on strategy around themes that are important for the critical understanding of the discipline
- Takes a global and cross-cultural view of strategy, including strategy changes taking place in transition societies
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Table of contents (6 chapters)
Keywords
About this book
This book cuts through the strategy verbiage to get to the fundamentals of business strategy—its 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.Authors and Affiliations
About the author
Bibliographic Information
Book Title: Understanding Business Strategy
Book Subtitle: Confusion and Consensus
Authors: Lourdesamy Iruthayasamy
DOI: https://doi.org/10.1007/978-981-33-6542-1
Publisher: Springer Singapore
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021
Hardcover ISBN: 978-981-33-6541-4Published: 07 March 2021
Softcover ISBN: 978-981-33-6544-5Published: 08 March 2022
eBook ISBN: 978-981-33-6542-1Published: 06 March 2021
Edition Number: 1
Number of Pages: XII, 124
Number of Illustrations: 11 b/w illustrations, 2 illustrations in colour
Topics: Business Strategy/Leadership, International Business