Short description
Doz and Kosonen ask the question, Why do some companies fail to adapt to change, while others thrive on change, disruption, and discontinuity? This book shows business owners how to develop strategic agility, so that a company is always up-to-speed and ahead of their competitors.
Long description
Successful companies often become victims of their own success: when their business matures, they find it impossible to renew themselves. To regain and maintain growth they need to learn to thrive on change and disruption. Fast Strategy analyses the risks successful companies face, and presents the three essential capabilities they need in order to regain and maintain continued growth: strategic sensitivity (both the sharpness of perception and the intensity of awareness and attention), resource fluidity (the internal capability to reconfigure business systems and redeploy resources rapidly) and collective commitment (the ability of the top team to make bold decisions fast, without being bogged in win-lose politics at the top). Fast Strategy is based on interviews with 150 executives from leading global companies such as Cisco, HP, IBM, Intel, Nokia, and SAP. Measures, tools and leadership behaviours implemented by these companies as they rekindled growth are detailed in a way that can serve as examples and be readily put in practice.Co-authored by a former Nokia top executive and a senior academic, Fast Strategy combines experience and theory for your company to stay ahead of the competition.
Review
This book will help directors in large organisations looking to adapt more quickly to changing market conditions. - Director Magazine, March 2008
Table of contents
- PART I: BEING STRATEGICALLY AGILE CHAPTER 1 : THE FAST STRATEGY GAME CHAPTER 2 : STRATEGIC AGILITY CHAPTER 3: THE DANCING ELEPHANT PART II: FOSTERING STRATEGIC AGILITY CHAPTER 4: SHARPENING STRATEGIC SENSITIVITY CHAPTER 5: BUILDING COLLECTIVE COMMITMENT CHAPTER 6: ENABLING RESOURCE FLUIDITY PART III: REBUILDING STRATEGIC AGILITY CHAPTER 7: STRATEGIC AGILITY LOST AND FOUND CHAPTER 8: MOBILIZING MINDS CHAPTER 9: ENERGIZING HEARTS CHAPTER 10: FLEXING THE ORGANIZATION CHAPTER 11: DE-POLITICIZING TOP MANAGEMENT CHAPTER 12: CONCLUSION APPENDIX 1: THE CURSE OF SUCCESS APPENDIX 2: DECIDING ON THE PATH TO TAKE