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The Craft of Strategy Formation

Translating Business Issues into Actionable Strategies

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Formulating a strategy is one of the most critical yet challenging tasks for senior managers, project managers, and students learning about strategy creation. This book addresses key questions such as how to translate concerns into structured issues and hypotheses, design and execute analyses to test these hypotheses, and identify the best strategic options to develop a coherent business strategy that stakeholders can support. It does not present theoretical frameworks or advocate for a specific strategy; instead, it serves as a practical "cookbook" with a step-by-step approach for creating new strategies in medium-sized and large businesses. Drawing on proven methods used by top management consultants, the book outlines consecutive steps to transform vague business concerns into actionable strategies quickly. It emphasizes a tried-and-tested analytical and organizational approach, providing a refreshing alternative to traditional handbooks filled with isolated frameworks, theoretical academic discussions, or anecdotal content. This integral account of strategy formation in practice offers valuable insights for those looking to navigate the complexities of strategic development effectively.

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The Craft of Strategy Formation, Eric Wiebes, Marc G. Baaij, Bas Keibek, Pieter Witteveen

Sprache
Erscheinungsdatum
2007
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Titel
The Craft of Strategy Formation
Untertitel
Translating Business Issues into Actionable Strategies
Sprache
Englisch
Verlag
Wiley
Erscheinungsdatum
2007
Einband
Hardcover
Seitenzahl
304
ISBN10
0470518596
ISBN13
9780470518595
Reihe
Beschreibung
Formulating a strategy is one of the most critical yet challenging tasks for senior managers, project managers, and students learning about strategy creation. This book addresses key questions such as how to translate concerns into structured issues and hypotheses, design and execute analyses to test these hypotheses, and identify the best strategic options to develop a coherent business strategy that stakeholders can support. It does not present theoretical frameworks or advocate for a specific strategy; instead, it serves as a practical "cookbook" with a step-by-step approach for creating new strategies in medium-sized and large businesses. Drawing on proven methods used by top management consultants, the book outlines consecutive steps to transform vague business concerns into actionable strategies quickly. It emphasizes a tried-and-tested analytical and organizational approach, providing a refreshing alternative to traditional handbooks filled with isolated frameworks, theoretical academic discussions, or anecdotal content. This integral account of strategy formation in practice offers valuable insights for those looking to navigate the complexities of strategic development effectively.