In
the midst of a changing economy, most executives continue to use
a strategy toolkit designed for yesterday's more stable marketplace.
As a result, strategies emerge that neither manage the risks nor
take advantage of the opportunities that arise in highly uncertain
times.
Now, McKinsey
& Company consultant Hugh Courtney argues that managers must
move beyond the outdated "all-or-nothing" view of strategy
in which future events are either certain or uncertain. Instead,
he suggests a simple-yet powerful-alternative: Understand the
level of uncertainty you are facing in a given situation, and
you will make better, more informed strategic choices.
In this book
the authors have distilled the wisdom of hundreds of authors,
business leaders, philosophers, Ph.D.s, speakers, teachers, preachers,
and personal acquaintances, along with techniques they developed
during many decades of operating several businesses. They have
concluded that less than half of the books, seminars, classes,
speakers, etc. were worth the time they consumed. They are also
of the opinion only about 20 percent of the ideas and concepts
"experts" promote have actual practical application
in developing winning business strategies. In this book you will
find the 20 percent that work.
Leonard Goodstein, Timothy Nolan, J. William Pfeiffer
Written
by three top consultants and trainers, "Applied Strategic
Planning" shows managers and CEOs a clear, effective way
to identify and implement strategic objectives. Their strategic
planning model places emphasis on organizational culture, the
integration of business and functional plans, the performance
audit, and gap analysis. Values clarification is explicitly confronted
in a systematic way early in the process. Goodstein, Nolan, and
Pfeiffer take managers through all phases of the strategic planning
process, including how to determine if an organization is ready
for strategic planning; effectively communicate a corporate vision;
recognize the role of culture in changing strategic direction;
understand the various roles of a consultant; write effective
mission statements; and create contingency plans. Charts, diagrams,
and checklists make the book especially helpful, as well as illuminating
examples from the authors' extensive consulting experience, and
even cartoons that convey important points.
All
companies must grow to survive-but only one in five growth strategies
succeeds. In Profit from the Core, strategy expert Chris Zook
revealed how to grow profitably by focusing on and achieving full
potential in the core business. But what happens when your core
business provides insufficient new growth, or even hits the wall?
Groundbreaking
research intothe development of America's most enduring and successful
corporations thatshatters myths, provides new insights, and gives
practical guidance forcompanies that would like to follow in their
footsteps.
Which
business structures are best suited to the unpredictable 21st
century? How can a company, division, or department reconfigure
itself with minimum disruption and maximum impact? Every executive
grapples with problems of restructuring--and most need hands-on
guidance to solve them. This eye-opening book shows business leaders
at all levels how to examine their choices by leading them systematically
through these fundamental questions:
* Should we restructure to meet our strategic goals? * What are
the best structural options to achieve our success? * What lateral
processes are necessary to support the new structure? * How do
we staff the restructured organization to optimize results?
Based on
Galbraith's world-renowned approach, this guide includes examples
and worksheets that pilot readers through the essential steps
of organizational design.
If
there's anything more challenging than designing a company, it's
designing a global company. Balancing strategy and structure becomes
even more daunting when geography, foreign governments, and worldwide
customers and products are thrown into the mix. And no single
design works for all organizations. In this book, internationally
recognized expert Jay Galbraith shows companies how to match their
own strengths and strategies with proven design options. Whether
they're exporting their first product or already operating around
the world, Galbraith gives companies the information they need
to build flexible, global networks. And through real-world examples,
he shows how successful international businesses are already navigating
the global environment.
Five
years ago, Jim Collins asked the question, "Can a good company
become a great company and if so, how?" In Good to Great
Collins, the author of Built to Last, concludes that it is possible,
but finds there are no silver bullets. Collins and his team of
researchers began their quest by sorting through a list of 1,435
companies, looking for those that made substantial improvements
in their performance over time. They finally settled on 11--including
Fannie Mae, Gillette, Walgreens, and Wells Fargo--and discovered
common traits that challenged many of the conventional notions
of corporate success. Making the transition from good to great
doesn't require a high-profile CEO, the latest technology, innovative
change management, or even a fine-tuned business strategy. At
the heart of those rare and truly great companies was a corporate
culture that rigorously found and promoted disciplined people
to think and act in a disciplined manner. Peppered with dozens
of stories and examples from the great and not so great, the book
offers a well-reasoned road map to excellence that any organization
would do well to consider. Like Built to Last, Good to Great is
one of those books that managers and CEOs will be reading and
rereading for years to come.
Rod Napier,
Patrick Sanaghan, Clint Sidle, Patrick Saraghan
Not just another book on the theory of strategic planning, here
are dozens of recipes for creative group activities to facilitate
strategic planning in any organization. Designed for use by consultants,
facilitators, and management team leaders, step-by-step instructions
guide you through exercises for gaining employee and management
participation, gathering feedback from management about the current
state of the organization, creating an organized mission, vison
and values statement, and planning so that the vision becomes
reality. Ready-to-use reproducible materials and handouts are
also included.
It doesn't
have to take agonizing meetings, pounds of documents, or endless
spreadsheets to produce a meaningful business plan. A single page
can contain all of the essential elements you need to successfully
present your ideas to management, banks, the SBA, venture capitalists,
and Boards of Directors.
This new
addition includes The One Page Entrepreneur's Toolkit CD-ROM with
templates, worksheets, sales calculators, budgets, scorecards,
and bonus tools.
"In his valuable, The One Page Business Plan, Jim
Horan not only removes the mystique from business plans, but also
leads you by the hand through crafting the best plan possible:
clear, focused, understandable and concise. I consider the book
to be a significant contribution to business literature."
Jay
Conrad Levinson, Author Guerilla Marketing series of
books
According
to Dan Ciampa and Michael Watkins, 64 percent of executives hired
form the outside won't make it in their new jobs. While executives
from within the ranks know the challenges, culture, and politics
of a company, newcomers face a corporate minefield. Right from
the Start is Ciampa and Watkins's survival manual for leaders
taking starting work at a new company. "Leadership is never
easy," they write. "This is never truer than when a
new leader enters an organization from the outside and must change
its culture in fundamental ways." Through interviews with
dozens of corporate leaders who have succeeded or failed in such
transitions, the authors provide a strategy for getting it right
from the outset.
Ciampa, an
independent consultant, and Watkins, a Harvard Business School
associate professor, advise three key missions for new leaders:
Create momentum; master the ability to learn, convey a vision,
and build coalitions; and know and manage yourself well. A fast
start is especially crucial. In fact, they say, the most important
period starts with the recruitment or interview process and runs
through the first six months in a new role. Right from the Start
provides plenty of real-life examples of successes and failures,
in everything from building coalitions to changing corporate culture.
The stories tend to suffer sometimes because the executives remain
anonymous. Nonetheless, the book is instructive for business people
assuming new management roles.
Smart
Questions offers an entirely new framework for creating solutions.
Drawn from the authors' many years of research and field experience,
the Smart Questions Approach reveals how the leading creators
of solutions in almost every profession and walk of lifeincluding
business, government, education, and even in familiesthink
and approach their assignments. The authors holistic thinking
approach shows how to use three foundation questionsfocusing
on uniqueness, purposeful information, and systemswhich
must be explored for every problem. These three questions, an
essential starting point for exploring problems, in turn lead
to other key questions that will ultimately create effective solutions.
Roger
Kaufman, Hugh Oakley-Brown, Ryan Watkins, Doug Leigh
Strategic
Planning for Success offers you a pragmatic guide to the design
and development of practical and pragmatic strategic thinking
and organizational alignment that will yield high-impact results
and measurably add value to you, your organization, your clients,
and society. Unlike other books on the topic, this volume goes
beyond simply detailing the tools and techniques of design and
development by clearly showing how to align what you do with what
will be most valuable to all stakeholders. Using this unique approach
will yield extraordinary results adding measurable value that
flows from individual performance accomplishment to organizational
and societal contributions.
For
advanced undergraduate and MBA courses in Supply Chain Management.
This book brings together the strategic role of the supply chain,
key strategic drivers of supply chain performance, and the tools
and techniques for supply chain analysis. Every chapter gives
suggestions that managers can use in practice and all methodologies
are illustrated with an application in Excel. Fully updated material
keeps the book on the forefront of supply chain management. Distribution
networks (Chapter 4); Sourcing (Chapter 13), discusses different
sourcing activities including supplier assessment, supplier contracts,
design collaboration, and procurement; Price and revenue management
(Chapter 15); Early coverage of designing the supply chain networkafter
developing a strategic framework, readers can discuss supply chain
network design in Chapters 5 and 6 and then move on to demand,
supply, inventory, and transportation planning; Information Technology
in the Supply Chain (Chapter 17). For business professionals managing
the supply chain.
Putting
Strategy at the Heart of the Organization: A Powerful New Approach
to Performance Management from the Creators of the Balanced Scorecard
In today's
business environment, strategy has never been more important.
Yet research shows that most companies fail to execute strategy
successfully. Behind this abysmal track record lies an undeniable
fact: many companies continue to use management processes-top-down,
financially driven, and tactical-that were designed to run yesterday's
organizations.
Converting
Intangible Assets into Tangible Outcomes. More than a decade
ago, Robert S. Kaplan and David P. Norton introduced the Balanced
Scorecard, a revolutionary performance measurement system that
allowed organizations to quantify intangible assets such as people,
information, and customer relationships. Then, in The Strategy-Focused
Organization, Kaplan and Norton showed how organizations achieved
breakthrough performance with a management system that put the
Balanced Scorecard into action.
How
to structure, facilitate, and implement the process.
Strategic planning is a critical part of running a business, but
when you get a team of people together to plan, it can often become
a confused exercise in grand visions without a clear process for
establishing workable goals. This book is unique in providing
both guidance for the actual content of strategic plans and techniques
for how to plan in a team context. Readers will discover how to:
structure
the process so it custom fits their company needs
effectively
facilitate the process (keep meetings on track, train others in
planning skills, document decisions made at meetings, present
and communicate the plan)
use
teams and teamwork smoothly and productively to create a far-reaching
planand then to implement it
Features
detailed guidelines for each step, dozens of flowcharts, and three
self-contained "facilitators guides" to follow.