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Books > Business & Economics > Business & management > Management & management techniques > Project management
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From Resource Allocation to Strategy (Paperback)
Loot Price: R1,423
Discovery Miles 14 230
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From Resource Allocation to Strategy (Paperback)
Expected to ship within 12 - 19 working days
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Is strategy a coherent plan conceived at the top by a visionary
leader, or is it formed by a series of individual commitments, not
always reflecting what top management has in mind? If it is a
series of commitments, how can they be managed? To answer these
questions, Joseph L. Bower and Clark G. Gilbert present research
that examines how strategy is actually made by company managers
across several levels of an organization. The research penetrates
the "black box" of strategy formulation and shows that a company's
realized strategy emerges less from the formal statements of
corporate strategy, but often out of the pattern of resource
commitments that originate across every level of the firm.
Drawing on over thirty yeas of research on resource allocation,
including studies from Harvard Business School, Stanford, London
Business School, and INSEAD, the book's five sections detail the
structural characteristics of the resource allocation process, how
the process can lead to breakdowns in strategic outcomes, and where
top management can intervene to shape desired results. And while
the organizing authors connect over three decades of research on
resource allocation, they have also included assessments of this
work by thought leaders in the fields of economics, competitive
strategy, organizational behavior, and strategic management.
The processes described represent the complex reality of strategy
formulation in large organizations, but the ideas are presented in
a way that enables the reader to access and understand the
implications of these complexities. The findings should inform the
research of economists, strategists, and behavioural scientists.
Thoughtful executives and thosewho consult with them will also find
the book provocative and instructive.
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