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From Resource Allocation to Strategy (Hardcover)
Loot Price: R1,624
Discovery Miles 16 240
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From Resource Allocation to Strategy (Hardcover)
Expected to ship within 12 - 17 working days
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Joseph L. Bower and Clark G. Gilbert have collected together some
of the leading experts on strategy to examine how strategy is
actually made by company managers across the several levels of an
organization. Is strategy a coherent plan conceived at the top by a
visionary leader, or is it
formed by a series of smaller decisions, not always reflecting what
top management has in mind? Often it is by examining how options
for using resources are developed and selected, that we can see how
a company's competitive position gets shaped. On the bases of this
understanding, we can see
better how these processes can be managed. The book's five sections
examine how the resource allocation process works, how the way it
works can lead a company into serious problems, how top management
can intervene to fix these problems and where the most recent
thinking on these problems is headed.
A fifth section contains assessments of this work by through
leaders I the fields of economics, competitive strategy,
organizational behavior, and strategic management. The implications
for those who study firms are considerable. Activity that is
normally thought about in terms of substantive
outcomes such as market share and revenue growth, or present value
and internal rate of return, is seen to be inextricably related to
organizational and administrative questions. The finding presented
here should inform the research of economists, strategists and
behavioral scientists. Thoughtful
executives and those who consult with them will also find the book
provocative. The processes described are complex, but clear enough
so that the way toward effective management is apparent. The models
developed provide abasis for building the systems and organization
necessary for today's
competitive world.
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