Strategic Management in the Knowledge Economy New Approaches and Business Applications

Strategic Management may be classified as the managerial science of how to lead and enable business organizations to achieve its stakeholders' objectives in a rapidly changing competitive and collaborative environment. With new strategic management requirements, new business management models arise, based on knowledge, networking and innovation.
Designed both for advanced students and business managers, this book presents a unique selection of the most recent thinking and applications regarding strategic management of business organizations in the increasingly global and networked knowledge economy.
Setting a new benchmark in the field of strategic management literature, the book links advanced new theory in strategic management with practical business illustrations. Joining high-level concepts with business applications, carefully selected articles by world-recognized authors are combined with case studies of world-recognized international businesses (Siemens, DaimlerChrysler, Canon, British Airways, Philips, Xerox, HP, IBM, etc.).

Strategic Management in the Knowledge Economy

Due to the dramatic shifts in the knowledge economy, this book provides a significant departure from traditional strategic management concepts and practice. Designed for both advanced students and business managers, it presents a unique combination of new strategic management theory, carefully selected strategic management articles by prominent scholars such as Gary Hamel, Michael Porter, Peter Senge, and Real-world case studies.

On top of this, the authors link powerful new benchmarks in strategic management thinking, including the concepts of socio-Cultural Network Dynamics, Systemic Scorecards, and Customer Knowledge Management with practical business challenges and solutions of blue-chip companies with a superior performance (Lafite-Rothschild, Who's Who, Holcim, BRL Hardy, Kuoni BTI, Deutsche Bank, Unisys, Novartis).

"Commodity industries like cement offer huge opportunities for performance-oriented knowledge sharing and learning, and this book provides us with the essential elements in an excellent and complete way. Given the good experiences made with our learning related initiatives and tools throughout the various continents where our group is active, we continue to actively promote and encourage systematic best practice exchange, in order to continuously learn from and leverage global experiences."
—Markus Akerman, CEO, Holcim Group

"This a Unique collection of readings, cases, and interpretive chapters on strategy and strategizing in the knowledge economy. Executives in all knowledge-intensive organizations need to pay close attention to it. This is the new direction for strategy in the 21st century, and Leibold, Probst and Gibbert's book is the first available resource."
—Thomas H. Davenport, Director, Accenture Institute for Strategic Change; Professor of Management and Technology, Babson College

"This book makes a valuable contribution to strategic management theory and practice. I agree entirely that the traditional approaches to managing strategically in the global knowledge economy are deficient, and a systemic approach in the knowledge-networked global economy makes absolute sense."
—Johan Van Zyl, CEO, Toyota South Africa

Including the concepts of

• Socio-Cultural Network Dynamics
• Systemic Scorecards
• Customer Knowledge Management

"What is really new in the knowledge Economy? How to move beyond the limitations of traditional Strategic Management approaches? This book provides an excellent basis to address these challenging questions and to understand the new mindsets and competencies necessary to design efficient, effective and sustainable knowledge ecosystems - organizations able to adapt and prosper in today's and tomorrow's complex global markets."
—Albert A. Angehrn, Professor of IT and Entrepreneurship, INSEAD; Alcatel Chair of the Net Economy and e-Management

"From an international perspective, I think this book makes a unique and important contribution to the field of strategic Management."
—Victor C. Cordell, PhD, Professor and Director, International Business Planning Program, Fisher Graduate School of International Business, Monterey, Institute of International Studies, California, USA