MBA-EWM-410 Real Time Strategy

9 ECTS credits

Real-time strategy : improvising team-based planning for a fast-changing world

Synopses & Reviews

Publisher Comments:

In today's highly dynamic and unpredictable global economy, traditional strategic planning - characterized by a centralized, plan-and-control management approach - has lost its edge. Managers must respond more quickly than ever to dynamic conditions and utilize the full potential of all people in an organization. Strategic planning is too slow and inflexible to enable managers to respond to rapid change and too hierarchical to bring a wider range of employees into the decision-making process. Real-Time Strategy provides a compelling new alternative to strategic planning for the '9Os and beyond - strategic improvising. This innovative concept puts strategic responsibility and strategic tools in the hands of small, self-directed teams that move together in a common strategic direction. Strategic improvising is faster and less risky and provides a more flexible response in an uncertain environment while empowering individuals throughout the organization. Written by three leading authorities on strategic management, whose consulting experiences with major corporations are included as case studies, Real-Time Strategy demonstrates how the team-based approach builds a greater sense of accountability throughout the organization; promotes creativity by allowing individuals to build on each others' ideas; keeps team members open to the flow of crucial real-time information; fosters effective lateral communication throughout the organization; and facilitates the rapid shifting of roles to meet changing strategic objectives. Real-Time Strategy specifies the tools that help an organization develop a team-based strategic capability. The authors have site-tested these tools in over 50 businesses. They show how to incorporate new, real-time information technologies into a company's strategic thinking and outline the steps managers must take to make the necessary move from strategic planning to strategic improvising.

ISBN:

9780471585640

Subtitle:

Improvising Team-Based Planning for a Fast- Changing World

Author:

Perry, Lee Tom

Author:

Smallwood, W. Norman

Author:

Scott, Randall G.

Publisher:

John Wiley & Sons

Location:

New York :

Subject:

Management

Subject:

Decision Making & Problem Solving

Subject:

Management - Teams

Subject:

Teams in the workplace

Subject:

Strategic planning

Edition Description:

Wiley

Series:

The Portable MBA series

Series Volume:

#4

Publication Date:

March 1993

Binding:

Hardcover

Language:

English

Illustrations:

Yes

Pages:

250

Dimensions:

10.25x7.38x1.00 in. 1.54 lbs.