Effective Implementation of Transformation Strategies
ISBN:
9789811923388
Auflage:
1st ed. 2022
Verlag:
Palgrave Macmillan, Springer Singapore
Erscheinungsdatum:
25.09.2023
Format:
Softcover
Seitenanzahl:
482
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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 assumes 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.
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 assumes 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.
Schlagwörter
Organisational change
Organisational culture
Not-for-profit organisations
Organisational transformation
Finance strategy for businesses
Customer value creation strategy
Resource strategy for businesses
Strategic projects for businesses
Institutional approach to strategy
Change management for organisations
Non-market strategies for businesses
Transformation strategy for businesses
Resistance to change within organisations
Strategy process in business organisations
Strategy execution in business organisations
Resource-based view for business organisations
Strategy implementation in business organisations
Institutions-based view for business organisations
Micro-foundations of dynamic capabilities in businesses
Biografische Anmerkung
Dr Angelina Zubac, University of Queensland, Brisbane, AustraliaDr Danielle Tucker, University of Essex, Colchester, UKProfessor Ofer Zwikael, Australian National University, Canberra, AustraliaDr Kate Hughes, Technological University Dublin, Dublin, IrelandDr Shelley Kirkpatrick, The MITRE Corporation, McLean VA, USA