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Author: Jochen Gerber Publisher: Springer ISBN: 3642543626 Category : Business & Economics Languages : en Pages : 156
Book Description
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.
Author: Jochen Gerber Publisher: Springer ISBN: 3642543626 Category : Business & Economics Languages : en Pages : 156
Book Description
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.
Author: James G. Combs Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Recent advances in resource-based theory suggest that the ways managers use strategic actions to leverage resources has important influences on firms' resulting competitive advantages. However, theory dealing with the nature of leveraging remains underdeveloped. We develop the notion that strategic actions that successfully leverage one resource might not leverage another resource. In particular, our theorizing distinguishes between flexible resources that can be leveraged in new markets and rigid resources that must be leveraged in their current market. Using data from the restaurant industry, we find evidence that top management team experience (a flexible resource) can be profitably leveraged by franchising, but that attempting to leverage specific knowledge (a rigid resource) through either franchising or multi-chaining weakens performance. Our theory and results help explain how different types of resources can be leveraged using different strategic actions.
Author: Homa Bahrami Publisher: Springer ISBN: 3642024475 Category : Business & Economics Languages : en Pages : 218
Book Description
strategy, but we also focus on execution. We talk about organizational design, and also refect on leadership practices. Our assumption is that in a dynamic world, leaders at all levels, have to constantly switch gears, wear different hats, and na- gate at different altitudes. They have to think about the “total” enterprise, not in terms of compartmentalized silos or felds of functional expertise. Much like a g- eral contractor, they have to draw on specialized expertise, as and when needed, yet keep the big picture in mind. Our hope is that our diagnostic tools can help teams develop a shared frame of reference and generate cross-functional dialogue. The third driving force behind this second edition is the gradual convergence between the worlds of entrepreneurial start-ups and challenges facing established corporations. Innovation, agility, and initiative are no longer the exclusive preserve of start-ups. Established companies are looking for ways to re-invent themselves, to innovate, to think creatively, and to make their enterprises more fexible, agile and entrepreneurial. We have had the good fortune to sit at the intersection of these two worlds. We hope our ideas can beneft both groups. We set out to provide a “buffet table”, a menu of options that can be helpful for the two ends of the spectrum.
Author: Rick Spair Publisher: Rick Spair ISBN: Category : Computers Languages : en Pages : 461
Book Description
"AI in Practice: A Comprehensive Guide to Leveraging Artificial Intelligence in Business" is a groundbreaking book that provides a comprehensive and practical exploration of the applications, strategies, and considerations involved in leveraging artificial intelligence (AI) in various business domains. Written for professionals, decision-makers, and enthusiasts alike, this book serves as a roadmap to help organizations harness the power of AI to drive innovation, improve efficiencies, and gain a competitive edge in the modern digital landscape.
Author: Homa Bahrami Publisher: Springer Science & Business Media ISBN: 9783540205760 Category : Business & Economics Languages : en Pages : 224
Book Description
Living with uncertainty is an everyday reality for most business entities today. This is especially the case for knowledge-intensive enterprises, such as those in technology, financial services, biotechnology and telecommunications, where new innovations and shifting customer preferences can radically change competitive dynamics.The focus of the bookis on how knowledge enterprises can harness uncertainty by becoming super- flexible. Based on over 20 years of field research and practical experience in Silicon Valley?s technology ecosystem, theauthors present conceptual frameworks, illustrative examples and practical lessons for strategizing, organizing and managing knowledge-based enterprises in turbulent settings. TOC:The Context of Super- Flexibility: The Need for Super-Flexibility.- The Concept of Super-Flexibility.- The Laboratory for Studying Super-Flexibility. Action Principles of Super-Flexibility: Manoevering.- Recalibrating.- Orgitechting.- Aligning.- Recycling. Transitoining Lessons of Super-Flexibility: Lessons for Established Companies.
Author: Glenda H. Eoyang Publisher: Stanford University Press ISBN: 0804785406 Category : Business & Economics Languages : en Pages : 265
Book Description
Rooted in the study of chaos and complexity, Adaptive Action introduces a simple, common sense process that will guide you and your organization into reflective action. This elegant method prompts readers to engage with three deceptively simple questions: What? So what? Now what? The first leads to careful observation. The second invites you to thoughtfully consider options and implications. The third ignites effective action. Together, these questions and the tools that support them produce a dynamic and creative dance with uncertainty. The road-tested steps of adaptive action can be used to devise solutions and improve performance across multiple challenges, and they have proven to be scalable from individuals to work groups, from organizations to communities. In addition to laying out the adaptive action framework and clear protocols to support it, Glenda H. Eoyang and Royce J. Holladay introduce best practices from exemplary professionals who have used adaptive action to meet personal, professional, and political challenges in leadership, consulting, Alzheimer's treatment, evaluation, education reform, political advocacy, and cultural engagement—readying readers to employ this new toolkit to meet their own goals with a sense of ingenuity and flexibility.
Author: Frederick C. Militello Publisher: FT Press ISBN: 9780130087584 Category : Business & Economics Languages : en Pages : 274
Book Description
This book focuses on the emotional competencies and leadership skills executives need to succeed at the highest level, presenting detailed case studies from several of the world's best companies, including Air Products and Chemicals, Inc., Bristol-Myers Squibb, Dana Corporation, Nortel Networks, and many more.
Author: Patrick Bolton Publisher: ISBN: Category : Business enterprises Languages : en Pages : 58
Book Description
We develop a q theory of investment with endogenous leverage, payout, hedging, and risk-taking dynamics. The key frictions are costly equity issuance and incomplete markets. We show that the marginal source of external financing on an on-going basis is debt. The firm lowers its debt when making a profit, increases its debt in response to losses and induced higher interest payments, and even taps external equity markets at a cost before exhausting its endogenous debt capacity. The firm seeks to preserve its financial flexibility by prudently managing its leverage and investment. Paradoxically, it is the high cost of equity issuance that causes the firm to keep leverage low, in contrast to the predictions of static Modigliani-Miller tradeoff and Myers-Majluf pecking-order theories. Our model generates leverage and investment dynamics that are consistent with the empirical evidence.
Author: Prof. Sushil Publisher: Springer Science & Business Media ISBN: 8132207262 Category : Business & Economics Languages : en Pages : 293
Book Description
Though the concern regarding the confluence of continuity and change is well accepted, there is hardly any well known framework in the literature that can be used as a benchmark to deal with this paradoxical issue. Keeping in view the significance of the topic and the lack of practical frameworks in managing continuity and change this book is an endeavor to fill the gap. The main proposition of the book is that the strategic management of change could be better leveraged with clear understanding of continuity of the organization and consciously managing the vital and desirable areas of continuity along with change, rather than leaving the continuity to be managed by default. The continuity of any company provides the bedrock along which the flow of change could be channelized. It adopts flowing stream as the principal metaphor for continuity and change to be taken side by side. It can be treated as a stepping stone to inspire a lot of research in this area.
Author: Jochen Gerber
Author: Jochen Gerber
Author: James G. Combs
Author: Homa Bahrami
Author: Rick Spair
Author: Homa Bahrami
Author: Glenda H. Eoyang
Author: Frederick C. Militello
Author: Patrick Bolton
Author: Prof. Sushil
Author: Maria-Teresa Marchica