Strategic Thinking in Tactical Times (Corporations in the Global Economy)

The premise of the book is to provide insight into new ways through which corporations create and execute strategies. It is the result of a 24-hour intensive workshop that brought together over twenty strategy practitioners from multiple industries. They were asked to consider the proposition that strategy is shifting from a product of an élite group of people within the firm to a process that aggregates strategic thinking from all levels of the firm. The Premise Of This Book Is To Provide Insight Into New Ways Through Which Corporations Create And Execute Strategies. Divanna And Austin Claim That Strategy Development In Shifting From A Function Restricted To An Elite Group Within A Company To A Process That Runs Across An Organization's Many Levels, Leading To A Cohesive Set Of Strategic Initiatives Driven By Perceived Changes In The Business Environment. To Make The Transition, Corporations Must Integrate Strategy Development Into The Fabric Of Their Business Processes Making Them Able To Sense Changes In The Business Climate And Initiative Tactical Adjustments Based On Preconceived Scenarios. During A 24-hour Event In London, Divanna, Austin, And Over Twenty Industry Practitioners Divided The Topics Of Strategy Development And Execution In This New Business Climate Into Three Intermixed Perspectives. Each Chapter Reflects The Views Of The Concours Of Practitioners Who Took Part In The Development Of This Book, Which Reports On How Individuals Must Embrace Strategic Thinking In A New Way To Remain Competitive.--jacket. 1. Introduction -- 2. The Strategic Individual -- Developing The Strategic Mindset -- Embracing A Global Context -- Sensing The Market, Competitors, Customers And Opportunities -- 3. Developing The Strategic Corporate Competency -- Anticipating The Competition And Understanding Market Trends -- Devising Strategy Collaboratively -- Dealing With Ambiguity And Unpredictable Events -- 4. Moving The Strategic Agenda Into Actionable Initiatives -- Moving Strategic Thinking Into Tangible Tactical Actions -- Measuring The Results -- Making Strategic Thinking Contagious -- 5. Conclusion. Edited By Joseph Divanna And François Austin. Includes Bibliographical References And Index. The premise of this book is to provide insight into new ways through which corporations create and execute strategies. DiVanna and Austin claim that strategy development is shifting from a function restricted to an elite group within a company to a process that runs across an organization's many levels, leading to a cohesive set of strategic initiatives driven by perceived changes in the business environment. To make the transition, corporations must integrate strategy develop-ment into the fabric of their business processes making them able to sense changes in the business climate and initiate tactical adjustments based on preconceived scenarios. During a 24-hour event in London, DiVanna, Austin, and over twenty industry practitioners divided the topics of strategy development and execution in this new business climate into three intermixed perspectives. Each chapter reflects the views of the concours of practitioners who took part in the develop-ment of this book, which reports on how individuals must embrace strategic thinking in a new way to remain competitive. This is the first volume in a series authored by DiVanna and others entitled Corporations in the Global Economy The premise of the book is to provide insight into new ways through which corporations create and execute strategies. It is the result of a 24-hour intensive workshop that brought together over twenty strategy practitioners from multiple industries. They were asked to consider the proposition that strategy is shifting from a product of an elite group of people within the firm to a process that aggregates strategic thinking from all levels of the firm. Front Matter....Pages i-xxviii Introduction....Pages 1-4 The Strategic Individual....Pages 5-47 Developing the Strategic Corporate Competency....Pages 48-92 Moving the Strategic Agenda into Actionable Initiatives....Pages 93-140 Conclusion....Pages 141-148 Back Matter....Pages 149-158