Title: Strategy for Action ? I: The Logic and Context of Strategic Management (SpringerBriefs in Business)
Publisher: Springer
Publication Date: 2012
Language: English
ISBN 10: 8847024862
ISBN 13: 9788847024861
Binding: Soft cover
Condition: New

About this title

Synopsis

The innovative and unique feature of this book is that it does not contain theoretical concept that cannot be translated into practice. The model which introduces this volume sets the stage for addressing the major phases of the strategic management process: environmental analysis, strategy formulation and development, strategy evaluation and control. Its conceptual and operational structure is described in the first part, together with a practically oriented definition of strategy, and a brief discussion of the logic and benefits of the judgmental modeling approach to decision making. The second part critically addresses the classical approaches to the analysis of the external and internal environmental factors, which have an impact on the “functioning” of the basic model, i.e. the structural characteristics of the industry context, and the companies’ technical, organizational, financial, and human resources, including the translation into operational models of otherwise rather theoretical concepts.

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