Strategy Development in Dynamic Environments

Strategy Development in Dynamic Environments PDF Author: Jeffrey Hansberger
Publisher: LAP Lambert Academic Publishing
ISBN: 9783843378413
Category :
Languages : en
Pages : 80

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Book Description
The use of strategies in everyday dynamic tasks and situations is a common occurrence and is vital to successfully accomplishing many tasks. Researchers have long been interested in how people use and develop strategies. However, as many researchers have pointed out, the majority of the research addressing this issue has focused on the outcomes rather than the potentially more informative aspects of strategy development and the process and mechanisms of change and adaptation. This book examines the mechanisms of strategy variability and selection utilizing a longitudinal method that focuses on individual strategy development called the microgenetic approach. The primary purpose was to examine strategy development and focus on the role of variability among strategies over time within a dynamic task environment. The results suggest that variability plays a major role in adaptive skill acquisition in a dynamic environment, however in the opposite direction predicted by previous research done with simple static tasks.

Strategy Development in Dynamic Environments

Strategy Development in Dynamic Environments PDF Author: Jeffrey Hansberger
Publisher: LAP Lambert Academic Publishing
ISBN: 9783843378413
Category :
Languages : en
Pages : 80

Get Book Here

Book Description
The use of strategies in everyday dynamic tasks and situations is a common occurrence and is vital to successfully accomplishing many tasks. Researchers have long been interested in how people use and develop strategies. However, as many researchers have pointed out, the majority of the research addressing this issue has focused on the outcomes rather than the potentially more informative aspects of strategy development and the process and mechanisms of change and adaptation. This book examines the mechanisms of strategy variability and selection utilizing a longitudinal method that focuses on individual strategy development called the microgenetic approach. The primary purpose was to examine strategy development and focus on the role of variability among strategies over time within a dynamic task environment. The results suggest that variability plays a major role in adaptive skill acquisition in a dynamic environment, however in the opposite direction predicted by previous research done with simple static tasks.

Formal Strategic Planning in highly uncertain and dynamic environments

Formal Strategic Planning in highly uncertain and dynamic environments PDF Author: Franz-Joseph Reisner
Publisher: GRIN Verlag
ISBN: 3656903689
Category : Business & Economics
Languages : en
Pages : 9

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Book Description
Essay from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: A, Edinburgh Napier University (The Business School), course: Strategic Management in a Global Context, language: English, abstract: This essay will critically evaluate whether formal strategic planning is no longer an applicable approach for corporate decision-making in today's highly uncertain and dynamic business environment. In recent decades company leaders have been quite successful maneuvering their organisations through daily business and a number of economic crises by the means of formal strategic planning. Arguably, it offers several benefits on the one side, but also drawbacks on the other side. The first part of this essay will focus on the nature of formal strategic planning and its key characteristics as well as potential advantages and disadvantages. The second part will then evaluate why the formal planning approach may be perceived as not comprehensive enough in today's highly uncertain and dynamic environment, yet show how it may still be able to make crucial contributions towards sound, efficient and comprehensive corporate decision-making.

Your Strategy Needs a Strategy

Your Strategy Needs a Strategy PDF Author: Martin Reeves
Publisher: Harvard Business Review Press
ISBN: 1625275870
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
You think you have a winning strategy. But do you? Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other. Should you aim to be big or fast? Should you create a blue ocean, be adaptive, play to win—or forget about a sustainable competitive advantage altogether? In a business environment that is changing faster and becoming more uncertain and complex almost by the day, it’s never been more important—or more difficult—to choose the right approach to strategy. In this book, The Boston Consulting Group’s Martin Reeves, Knut Haanæs, and Janmejaya Sinha offer a proven method to determine the strategy approach that is best for your company. They start by helping you assess your business environment—how unpredictable it is, how much power you have to change it, and how harsh it is—a critical component of getting strategy right. They show how existing strategy approaches sort into five categories—Be Big, Be Fast, Be First, Be the Orchestrator, or simply Be Viable—depending on the extent of predictability, malleability, and harshness. In-depth explanations of each of these approaches will provide critical insight to help you match your approach to strategy to your environment, determine when and how to execute each one, and avoid a potentially fatal mismatch. Addressing your most pressing strategic challenges, you’ll be able to answer questions such as: • What replaces planning when the annual cycle is obsolete? • When can we—and when should we—shape the game to our advantage? • How do we simultaneously implement different strategic approaches for different business units? • How do we manage the inherent contradictions in formulating and executing different strategies across multiple businesses and geographies? Until now, no book brings it all together and offers a practical tool for understanding which strategic approach to apply. Get started today.

Strategic Tools in Dynamic Environments

Strategic Tools in Dynamic Environments PDF Author: Cornelius Herzog
Publisher: GRIN Verlag
ISBN: 364070309X
Category : Business & Economics
Languages : en
Pages : 70

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Book Description
Bachelor Thesis from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: 1,2, European Business School - International University Schloß Reichartshausen Oestrich-Winkel, language: English, abstract: "The reason why firms succeed or fail is perhaps the central question in strategy" stated Porter. While traditional strategy approaches can soundly answer this central question in stable environments, these approaches are not directly applicable to dynamic environments and there is currently no final and complete answer that determines the causes for a company’s failure or success with their strategies in dynamic environments. Nevertheless, there are many examples of companies that outperform their competitors even in dynamic environments, such as Microsoft and Intel, and there are many examples of companies that have not been successful at all, such as Siemens and BenQ with their mobile phone division. One critical point of each strategy is the strategic management process during which the strategy is developed and implemented and during which strategic tools such as the famous SWOT analysis or Porter’s five forces are used, for example, to structure or collect data. The purpose of this paper is to explore if strategic tools developed in stable environments are still suitable in dynamic environments or if there are certain constraints. Therefore, the paper builds on existing literature to develop a thorough understanding of dynamic environments and successful patterns of strategy in dynamic environments, and based on this understanding, an analysis framework is developed to analyze several strategic tools. The new finding is that the use of strategic tools is still desirable in dynamic environments, but that there are limitations that must be considered to obtain useful results when using tools. This finding is used to develop a categorization of strategic tools and to propose a new framework for the use of strategic tools in dynamic environments.

Strategic Tools in Dynamic Environments

Strategic Tools in Dynamic Environments PDF Author: Cornelius Herzog
Publisher: GRIN Verlag
ISBN: 3640703847
Category : Business & Economics
Languages : en
Pages : 73

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Book Description
Bachelor Thesis from the year 2010 in the subject Business economics - Business Management, Corporate Governance, grade: 1,2, European Business School - International University Schlo Reichartshausen Oestrich-Winkel, language: English, abstract: "The reason why firms succeed or fail is perhaps the central question in strategy" stated Porter. While traditional strategy approaches can soundly answer this central question in stable environments, these approaches are not directly applicable to dynamic environments and there is currently no final and complete answer that determines the causes for a company's failure or success with their strategies in dynamic environments. Nevertheless, there are many examples of companies that outperform their competitors even in dynamic environments, such as Microsoft and Intel, and there are many examples of companies that have not been successful at all, such as Siemens and BenQ with their mobile phone division. One critical point of each strategy is the strategic management process during which the strategy is developed and implemented and during which strategic tools such as the famous SWOT analysis or Porter's five forces are used, for example, to structure or collect data. The purpose of this paper is to explore if strategic tools developed in stable environments are still suitable in dynamic environments or if there are certain constraints. Therefore, the paper builds on existing literature to develop a thorough understanding of dynamic environments and successful patterns of strategy in dynamic environments, and based on this understanding, an analysis framework is developed to analyze several strategic tools. The new finding is that the use of strategic tools is still desirable in dynamic environments, but that there are limitations that must be considered to obtain useful results when using tools. This finding is used to develop a categorization of strategic tools and to propose a new framework for the use of strategic tools

Project Portfolios in Dynamic Environments

Project Portfolios in Dynamic Environments PDF Author: Brian Hobbs
Publisher: Project Management Institute
ISBN: 1628250127
Category : Business & Economics
Languages : en
Pages : 307

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Book Description
Project Portfolios in Dynamic Environments: Organizing for Uncertainty is a comprehensive report of research that addresses this important, rising issue. Authors Yvan Petit and Brian Hobbs present the results of their investigation in a report that significantly advances the theory and also offers tips for practice. Currently, those applying project portfolio management tend to focus on the selection, prioritization, and strategic alignment of projects. Little attention is afforded the potential disturbances to project portfolios such as new projects, terminated projects, delayed projects, incorrect planning due to high uncertainty, and changes in the external environment. Yet, these factors can have highly disruptive, even show-stopping influence. This research seeks to answer: How is uncertainty affecting project portfolios managed in dynamic environments?

Management in a Dynamic Environment

Management in a Dynamic Environment PDF Author: Rico Baldegger
Publisher: Springer Science & Business Media
ISBN: 3834937487
Category : Business & Economics
Languages : en
Pages : 378

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Book Description
This book provides basic management knowledge in a clearly structured way. Fundamental aspects of management are described, on the basis of which a model of the enterprise is outlined. This allows readers to find their way around easily, to reflect, then to set new approaches in context and examine them in a critical light. The practical examples, the interpretation questions, and the short case studies at the end of the chapters facilitate the transition from theory to practice.

Global Trends, Dynamics, and Imperatives for Strategic Development in Business Education in an Age of Disruption

Global Trends, Dynamics, and Imperatives for Strategic Development in Business Education in an Age of Disruption PDF Author: Zhuplev, Anatoly
Publisher: IGI Global
ISBN: 1799875504
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
Over the past two centuries, the world’s socio-economic progression has gone through profound paradigm changes unfolding along four major development stages. Higher education has been an important part of this process. The accelerated pace of technological, socio-economic, and business innovations as well as ongoing fundamental changes in the real world call for progress in pedagogy. While modern universities have adapted in various degrees through information platforms such as Blackboard or Brightspace, video conferencing, and other technological innovations, they still commonly rely on pedagogical ideas and concepts rooted in a thoroughly pre-modern era rooted in medieval times. Global Trends, Dynamics, and Imperatives for Strategic Development in Business Education in an Age of Disruption explores the genesis of higher education and its contemporary structure and profile in major global regions and discusses key trends, dynamics, drivers, and developmental imperatives currently shaping business education. Covering topics such as business education, online education, and strategic development, this book is essential for teachers, managers, trainers, faculty, administrators, policymakers, researchers, academicians, and students involved in studies that include industrial, economic, social, urban, innovation, legal, and policy development.

The Value of Organisational Learning and Structure in Entrepreneurial Strategy Development in Dynamic Environments

The Value of Organisational Learning and Structure in Entrepreneurial Strategy Development in Dynamic Environments PDF Author: Alexandre Chagoubatov
Publisher:
ISBN:
Category : Business planning
Languages : en
Pages : 342

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Book Description


Knowledge Integration Dynamics: Developing Strategic Innovation Capability

Knowledge Integration Dynamics: Developing Strategic Innovation Capability PDF Author: Mitsuru Kodama
Publisher: World Scientific
ISBN: 9814464279
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
Since the 1990s, Japanese firms have sought to expand their capacity for innovation by incorporating Western management practices into their organizational culture. This combination of Japanese and Western management practices has been highly successful — Japanese firms are presently at the forefront of technological and service innovation in areas such as digital consumer electronics, mobile phone services, and the games industry. Much can be learned from the success of Japanese companies in these areas.This book presents an analysis of the business model unique to Japanese firms, emphasising four special features: the vertical value chain model, cross-industry collaboration, dynamic knowledge integration, and strategic innovation capability. Drawing upon in-depth case studies, this book presents a new theory of knowledge integration, and places special emphasis on inter- and intra-organizational collaboration as a source of strategic innovation. It is a good reference source for academics, graduate students and professionals in the field of innovation management.