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Strategic Management and Myopia by Wojciech Czakon Pdf
This book investigates the phenomenon of strategic myopia, which refers to important cognitive distortions that managers systematically display. It captures narrow views and preferences, which are likely to hurt firms’ long-term prospects. Instead of accusing managers of imperfections, opportunism, or blindness, this book explains how strategic myopia stems from individual dispositions, how it is shaped by team contingencies, and encouraged by organizations’ design. The reader will learn how a metaphor introduced to explain business failure evolved over decades to become a concept useful in understanding intertemporal choices, technology substitution, competitive advantage erosion, competitive blindspots, and missed opportunities. In addition to explaining the mechanisms that encourage myopic behaviors, readers are offered a set of effective ways to address strategic myopia. A key benefit of this work is that the structure of the book allows the use of chapters separately. The core message is that eliminating strategic myopia is hardly possible, and may actually hurt the firms’ short-term efficiency. However, organizations may develop capabilities, and implement designs that favor balancing the short-term benefits of myopia and alleviate its long-term drawbacks. This book will be of interest to scholars, researchers, advanced students and experienced managers in the fields of strategic management and organizational behavior.
Overcoming Organizational Myopia by John Knotts Pdf
SILOS IN BUSINESS ARE NOT BAD--STOP BREAKING SILOS DOWN! Over the years, I've witnessed organization after organization struggle to improve its operational excellence. Most fail! Companies that fail to bridge the gap between strategy and execution are seriously suffering. One thing often resides at the heart of the problem -- silos in an organization. Throughout my career, I've examined the shortsightedness, or myopia, that can develop because of silos and discovered ways to overcome it. Silos exist in every organization larger than a small business startup. They must exist for an organization to operate. - We want silos! - We need silos! - We naturally form silos! So why are we taught that silos are bad? Because of the myopia, that can affect any organization in which silos are not managed properly. There are nine root causes that occur within silos that, without identification and management, can cause any organization to become myopic. Shortsighted organizations--those that fail to see the big picture or fail to have a strategic long-term vision -- suffer from Organizational Myopia (OM). An organization suffering from OM is less effective or efficient at fulfilling its mission, or is simply unable to do so at all. All organizations are naturally susceptible to OM. Most suffer from it. Unfortunately, the normal quick-fix methodologies employed by leaders and managers to deal OM -- restructuring or tearing down silos -- are almost always ineffective and only short-term solutions. So, how do we solve OM? Any leader can take actions to solve the negative effects of OM. The nine root causes must be identified and managed through a consistent and systematic application of a full-spectrum of strategic and organizational improvement methods. OM can be overcome, and silos can be good! From a technical and teaching perspective, this book provides you with the tools to break through silos and improve any organization facing OM-related issues. As a guide, reference, and roadmap, this book is designed to provide you with strategic and organizational methods that you can apply, like a surgeon, to identify and eradicate specific OM issues within your organization. This book is based on 30 years of business improvement experience. It is already proven through several executive, business consultant, and educator pre-reviews. Written for Presidents, CEOs, Executives, and Business Leaders, this book is something everyone should have dogeared and tape-flagged on their bookshelf! However, anyone in the business world, concerned about improving operations, should own a copy. John Knotts is a strategic business advisor with 30 years of experience in military, non-profit, and commercial leadership and consulting. He has an extensive background in strategy, change, process, leadership, management, human capital, training and education, innovation, design, and communication. John believes strongly in a holistic and no-nonsense approach to establishing operational excellence. Overcoming Organizational Myopia is John's initial work, highlighting the many areas of expertise where he has worked to break through siloed organizations. This book forms a platform for several future business titles related to many of the nine areas addressed.
Strategic Management for the Hospitality and Tourism Industry by Vincent Sabourin Pdf
This vital volume clearly explains cutting-edge theories and views on strategic management in applied management fundamentals in the hospitality and tourism industry. The author discusses the latest in strategic thinking and provides information on implementing models within specific contexts, such as culture and profit and nonprofit organizations. He also looks at the political, economic, social, and technological changes that significantly affect tourism and hospitality. The volume is distinguished by its thoughtful analysis and review of related hospitality case studies and the management approaches employed and sheds light on ever-the emerging management and operation issues in the tourism and hospitality sector. The book employs an abundance of case studies that illustrate the concepts and models discussed, with examples from such heavyweights in the industry as Disney and Euro Disney, Aer Lingus, British Airways, Four Seasons, Holiday Inn, Marriot, Sofitel, Starwood Hotels, and more. Key features of the book include: Cutting-edge approach: Applies advanced and recent strategic management views to the tourism and hospitality field. Critical treatment: Provides critical discussions about whether and how strategic models/theories can be applied in the hospitality and tourism field. Sensitive to specific contexts: As the tourism and hospitality industry has become one of the largest industries worldwide, discusses how strategic management concepts can be applied in different cultures and profit and nonprofit tourism organizations. Extensive case studies: Provides supporting case studies related to the strategy content, context, and process from international industries such as Aer Lingus, Accor, Marriott and Ryanair. Organization of the book: Each of the chapters within the case study sections employs a thorough pedagogic structure consisting of a concise introduction, examples and case analysis, discussion points, exercises, and further reading. This book is designed to provoke thought and debate about strategic management and myriad other issues. It will be valuable for students, academics, universities offering hospitality and tourism, and hospitality and tourism professionals.
Key Concepts in Strategic Management by Jonathan Sutherland Pdf
Key Concepts in Strategic Management is one of a range of comprehensive glossaries with entries arranged alphabetically for easy reference. All major concepts, terms, theories and theorists are incorporated and cross-referenced. Additional reading and Internet research opportunities are identified. More complex terminology is made clearer with numerous diagrams and illustrations. With over 500 key terms defined, the book represents a comprehensive must-have reference for anyone studying a business-related course or those simply wishing to understand what strategic management is all about. It will be especially useful as a revision aid.
Dictionary of Strategy by Louise Kelly,Christopher A. Booth Pdf
Presenting over 550 terms, this guide to strategic management presents the subject in a historical context, showing readers how views have changed and evolved, as well as inviting the reader to think more deeply about the issues raised.
The Strategic Management of Intellectual Capital and Organizational Knowledge by Chun Wei Choo,Nick Bontis Pdf
This book is the first to present a review and synthesis of the research in knowledge management and strategy management. The readings in this book will help readers get an understanding of the best methods to create and apply knowledge in order to sustain superior organizational performance.
Elgar Encyclopedia of Corporate Communication by Klement Podnar Pdf
This comprehensive Encyclopedia captures the intricacies of corporate communication, offering 87 clear, succinct definitions of important concepts within marketing, business, organizational communication and public relations followed by critical, literary analyses of significant research ventures.
The 9th edition of this comprehensive core textbook builds on its global perspective and approachable written style, as it explores the key concepts within a clear and logical structure. Lynch guides you through 19 chapters, with updated case studies and pedagogy that support the modern business and management student from start to finish. Continuous contrast between prescriptive and emergent views of strategy highlights key debates within the discipline, whilst an emphasis on the practical throughout the book helps you turn theory into practice
Intellectual Capital Strategy Management for Knowledge-Based Organizations by Ordóñez de Pablos, Patricia Pdf
With the proper management, knowledge-based resources (human capital, relational capital, structural capital) aim to contribute to the creation of a competitive advantage not only for companies and institutions, but also for nations and economic regions. Intellectual Capital Strategy Management for Knowledge-Based Organizations brings together new perspectives on the knowledge-based view of strategy management as it considers the role of companies, organizations, and nations in the storage and measurement of their knowledge. This book is useful for industry leaders, practitioners, academics and scholars interested in emerging aspects of knowledge management and industry services.
Essentials of Strategic Management by Martyn R Pitt,Dimitrios Koufopoulos Pdf
′This is a fantastically well written text which incorporates the latest thinking on strategic management. Striking a balance between theory and application, it is extremely readable and loaded with a wide range of case studies. An essential source for undergraduate, postgraduate and professional courses on strategic management.′ - Dr Tahir Rashid, Lecturer in Strategy and Marketing, Salford Business School, University of Salford This exciting new textbook is built on the belief that strategic management principles are more straightforward than they seem. Unlike other textbooks, it does not overcomplicate the discussion with enigmatic layers of theory or irrelevant perspectives from other disciplines. Instead you will find focused, clearly articulated coverage of the key topics of strategic management, encouraging critical reflection and deeper exploration on your own terms. Fully developed to cover the essentials of any strategic management course, this textbook not only creates understanding of the principles of strategy, but shows you how to apply them constructively in the face of real-world practicalities. Throughout the text, these principles are put into context with illustrations and examples drawn from all over the world and from all kinds of organization - from Shell, Airbus and Tesco to small and non-profit enterprises. With an emphasis on topical, distinctive and engaging features, this text offers: Over 120 short, topical case studies drawn from every type of organization across more than 20 countries Worksheets for strategy analysis that can be used to tackle real-world situations Learning outcomes, key points and summaries to focus your reading on what matters Chapter-by-chapter exercises for further study and discussion Suggestions for further reading to deepen your understanding of the theories underpinning the chapters The book is complemented by a companion website featuring a range of tools and resources for lecturers and students, including PowerPoint slides, teaching notes, links to journal articles and an interactive glossary.
What business is your company really in? That's a question all executives should all ask before demand for their firm's products or services dwindles. In Marketing Myopia, Theodore Levitt offers examples of companies that became obsolete because they misunderstood what business they were in and thus what their customers wanted. He identifies the four widespread myths that put companies at risk of obsolescence and explains how business leaders can shift their attention to customers' real needs instead.
Resource Redeployment and Corporate Strategy by Timothy Folta,Constance Helfat,Samina Karim Pdf
This volume examines the differences between resource sharing and resource redeployment, and the subsequent effects on firm value creation and industry evolution.
Teaching Strategic Management by Sabine Baumann Pdf
Teaching Strategic Management: A Hands-on Guide to Teaching Success provides a wide scope of knowledge and teaching resources on methods and practices for teaching strategic management theories and concepts for a multitude of settings (classroom, online and hybrid), course levels (bachelors, masters, MBA, executive) and student groups.