Overview
- Sheds light on the specialised processes and cognitions used by managers to implement strategies
- Introduces ideas that could be used to develop new management theories and practices
- Provides a basis for critically analysing the impact of an organisation’s unique institutional contexts
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About this book
It applies the latest thinking from the resource-based literature, in particular the idea that high performing organisations have become adept at honing and utilising value creating dynamic capabilities. Key processes and cognitions help organisational leaders sense opportunities and threats as well as shrewdly seize strategic opportunities to advantageously enhance performance. The book also adopts an institutional view; that is, it assumes that organisations must satisfy their stakeholders while navigating a range of influences, including other organisations, markets, laws, quality standards, conventions, and cultural norms.
This book conceptualises corporate strategy as an amalgam of four fundamental strategies: the organisation’s financial, customer value creation, resource, and non-market strategies. These strategies address the capital, product and services, and resource markets as well as various non-market institutions. Successfully integrating and implementing these four strategies allow organisations to enable their employees’ multidisciplinary talents. By approaching strategy in this way, the book demonstrates why it is important to monitor changes to the organisation’s strategic context and helps it identify the practices, collaborations, and projects necessary to achieve spectacular strategic change.
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Keywords
- Strategy process in business organisations
- Strategy implementation in business organisations
- Strategy execution in business organisations
- Institutional approach to strategy
- Resource-based view for business organisations
- Institutions-based view for business organisations
- Micro-foundations of dynamic capabilities in businesses
- Finance strategy for businesses
- Customer value creation strategy
- Resource strategy for businesses
- Non-market strategies for businesses
- Change management for organisations
- Organisational change
- Organisational transformation
- Transformation strategy for businesses
- Strategic projects for businesses
- Organisational culture
- Resistance to change within organisations
- Non-profit organisations
- Not-for-profit organisations
Table of contents (19 chapters)
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The Strategy Process
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The Customer Value Creation Strategy
Reviews
“An interesting and diverse assortment of articles addressing the connections between strategy and strategy implementation.” (Philip Bromiley, Dean's Distinguished Professor in Strategic Management, UCI Paul Merage School of Business, United States)
“This is a must-read collection of papers from leading experts in strategy and change management, which bridges the worlds of academia and industry. The book is full of critical, cutting-edge and research-driven insights, enabling it to serve as a guide for leaders keen to formulate and implement strategies in dynamic business environments.” (Zhou Jiang, Professor (MBA) at Graduate School of Business and Law, RMIT University, Australia)
“This book takes a comprehensive view of strategy and offers suggestions that should be of value to practitioners.” (Linda Duxbury, Chancellor's Professor of Management, Sprott School of Business, Carleton University, Canada)
Editors and Affiliations
About the editors
Dr Danielle Tucker, University of Essex, Colchester, UK
Professor Ofer Zwikael, Australian National University, Canberra, Australia
Dr Kate Hughes, Technological University Dublin, Dublin, Ireland
Dr Shelley Kirkpatrick, The MITRE Corporation, McLean VA, USA
Bibliographic Information
Book Title: Effective Implementation of Transformation Strategies
Book Subtitle: How to Navigate the Strategy and Change Interface Successfully
Editors: Angelina Zubac, Danielle Tucker, Ofer Zwikael, Kate Hughes, Shelley Kirkpatrick
DOI: https://doi.org/10.1007/978-981-19-2336-4
Publisher: Palgrave Macmillan Singapore
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2022
Hardcover ISBN: 978-981-19-2335-7Published: 24 September 2022
Softcover ISBN: 978-981-19-2338-8Published: 25 September 2023
eBook ISBN: 978-981-19-2336-4Published: 23 September 2022
Edition Number: 1
Number of Pages: XV, 482
Number of Illustrations: 24 b/w illustrations, 30 illustrations in colour
Topics: Management