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In Dual Transformation, innovation and growth consultant Scott
Anthony and his coauthors, Clark Gilbert and Mark Johnson, propose
a practical and sustainable approach to one of the greatest
challenges facing leaders today: transforming your business in the
face of imminent disruption. Dual Transformation illustrates the
inevitable rise and fall of companies in the age of technological
change. But, more importantly, it shows you how your company can
come out of a market shift stronger and more profitable. Anthony,
Gilbert, and Johnson build upon the lessons of Xerox, Apple, Barnes
& Noble, and a case study from Gilbert's first-hand experience
transforming his own media and publishing company, to describe the
process of successfully weathering the digital age by adapting a
current business model to the new marketplace. The book offers
critical insight to responding to disruptive shock with three value
propositions: (A) repositioning today's business to maximize
resilience, (B) creating a new growth engine, and (C) taking
advantage of assets to result in creative new markets. With great
change comes great opportunity, and this book will get you there
with tools to reshape your business model.
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.
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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