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Author: Wojciech Czakon
Publisher: Routledge
ISBN: 1000582647
Category : Business & Economics
Languages : en
Pages : 163
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Book Description
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.
Author: Wojciech Czakon
Publisher: Routledge
ISBN: 1000582647
Category : Business & Economics
Languages : en
Pages : 163
Get Book
Book Description
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.
Author: Vincent Sabourin
Publisher: CRC Press
ISBN: 1000216101
Category : Business & Economics
Languages : en
Pages : 201
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Book Description
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.
Author: John Knotts
Publisher:
ISBN: 9781945151002
Category :
Languages : en
Pages : 240
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Book Description
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.
Author: Theodore Levitt
Publisher: Harvard Business Press
ISBN: 1422126013
Category : Business & Economics
Languages : en
Pages : 99
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Book Description
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.
Author: Richard Lynch
Publisher: SAGE Publications Limited
ISBN: 1529678609
Category : Business & Economics
Languages : en
Pages : 1105
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Book Description
Taking a truly international approach, Strategic Management offers you comprehensive coverage of all the core areas of business strategy in a reader-friendly way. Thoroughly updated and with the addition of four brand-new authors, the tenth edition features: • Balanced treatment of prescriptive and emergent models of strategic management. • Application of strategic theory to key areas such as technology and innovation, sustainability, entrepreneurial and public sector strategy. • Cutting-edge content on navigating change in the strategic environment, digital transformation strategies and the role of strategic groups. • 15 brand new case studies showcasing real-life examples from recognisable brands such as Coca-Cola, Airbnb, Apple, Tesla, Toyota, Alibaba, Samsung, Starbucks and UK banks, plus updated case material throughout. • A range of practical tools to support your learning, including summaries of key strategic principles, strategic project ideas, critical reflections, questions and further reading. Suitable for both undergraduate and postgraduate study. Professor Richard Lynch is Emeritus Professor of Strategic Management at Middlesex University, London. Dr Oliver Barish is Lecturer in Management at Birkbeck Business School, Birkbeck, University of London. Dr Vinh Sum Chau is Senior Lecturer in Strategy at Kent Business School, University of Kent. Dr Charles Thornton is Lecturer in Service Operations Management and Business Strategy at Plymouth Business School, University of Plymouth. Dr Karl Warner is Lecturer in Strategy at Adam Smith Business School, University of Glasgow.
Author: Louise Kelly
Publisher: SAGE
ISBN: 9780761930730
Category : Business & Economics
Languages : en
Pages : 204
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Book Description
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.
Author: Senthilkumar S./ Durai, Marutha M./ Sharmila A. & Poornima J.
Publisher: S. Chand Publishing
ISBN: 8121943345
Category : Business & Economics
Languages : en
Pages :
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Book Description
Business Policy 1 – 15 2. Strategy And Strategic Management 16 – 42 3. Competitive Advantage And Strategies 43 – 70 4. Business Environment 71 – 101 5. Strategic Planning 102 – 120 6. The Strategy Hierarchy Or Level Of Strategy 121 – 235 7. Stakeholder, Corporate Governance And Csr, Leader 236 – 270 8. Strategic Change, Decision Making And Formulation 271 – 315 9. Strategic Control And Evaluation 316 – 343 10. Strategy Implementation 344 – 406
Author: Jonathan Sutherland
Publisher: Bloomsbury Publishing
ISBN: 0230204562
Category : Study Aids
Languages : en
Pages : 294
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Book Description
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.
Author: Ahmad Faruqui
Publisher: Routledge
ISBN: 1351761579
Category : Political Science
Languages : en
Pages : 373
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Book Description
This title was first published in 2002. Policy-makers in South Asia, the Middle East and the Asian Pacific, decision-makers in the OECD countries, organizations and specialists in academe, will all find this publication indispensable. It presents an integrated model of national security that emphasizes military and non-military determinants. In the light of this model, it analyzes Pakistan’s defence policies over the last half-century and proposes a radical reform of Pakistan’s military organization. In addition to offering a comprehensive look at national security, this book provides coherent, interrelated analysis of the key issues such as political leadership, social and economic development and foreign policy.
Author: Maurizio Catino
Publisher: Cambridge University Press
ISBN: 1107027039
Category : Business & Economics
Languages : en
Pages : 271
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Book Description
The book examines the mechanisms that generate myopia in organizations and explores how organizations can foresee and contain unexpected events.
