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Fad-Free Strategy - Rigorous Methods to Help Executives Make Strategic Choices Confidently (Hardcover)
Loot Price: R1,033
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Fad-Free Strategy - Rigorous Methods to Help Executives Make Strategic Choices Confidently (Hardcover)
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Fad-Free Strategy provides a ground-breaking approach to making
better business strategy decisions: more efficient, open to
out-of-the-box opportunities and evidence-based. Most strategy
books focus on Grand Strategy, the process that leads to high-level
recommendations or, more accurately, hypotheses about where and how
to compete. While this book briefly covers critical Grand Strategy
practices, it deep dives into Operational Strategy, the process of
validation, adaptation and possible rejection of those hypotheses.
Operational Strategy is based on an in-depth understanding of
customer preferences and anticipating the choices they make. Those
choices rather than managers' ambitions determine whether a
strategy will generate the aspired financial results. The book
explains, by means of detailed real-world cases across industries,
how to generate validated solutions to any strategic problem such
as: how to enter successfully into new markets, either as an
innovator or as a latecomer? How to defend one's position against
aggressive new entrants? Or how to sustain margins when price is
the only thing customers seem to care about? This remarkable book
contains expert advice from accomplished strategic advisors and
thought leaders Daniel Deneffe and Herman Vantrappen. Fad Free
Strategy will be a useful tool for smart business executives at
mainstream companies who are disappointed with strategy fads and
simplistic solutions based on cherry-picked, anecdotal evidence
from today's hero companies. It will also appeal to economics
faculty members teaching graduate courses in business strategy who
are looking for an economics-based strategy textbook that is both
rigorous and comprehensive. The book's core ideas have been taught
successfully in continuing and executive education programs at
Harvard University and Hult International Business School.
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