|
|
|
|
About Business Fundamentals (4351)
|
|
|
|
How to balance exploration and exploitation
|
|
|
|
|
|
|
|
| Author(s)
|
Damen G.A., Dubel J., Strikwerda H. (eds.)
|
|
| Year
|
2007
|
|
| Pages
|
156
|
|
| Publication
|
1
|
|
| ISBN
|
9789023244042
|
|
| Price
|
€ 28,50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other publications in General Management
|
|
|
|
 |
Adaptability of a business to changes in the environment is essential to successful continuity. Operational adaptability is a first requirement, no long term success without short term survival. The key question is how to exploit the business model to the maximum in the finite period of its success and at the same time prepare for a new business model. Increasingly, adaptations are needed which touch upon the fundamentals of business. Take for example the traditional fundament that strategy is defined by the executive board of a company. Today, increasingly, active shareholders seem either to derail strategies set by executives or dictate strategies to executives. This book explains this phenomenon and helps executives to deal with the limits of traditional, resource based strategies.
This book links the developments in capital markets and corporate finance to the issues of strategy, organisation design, corporate IT and strategy execution, in an operational way, actionable for the executive. It helps leaders to balance exploitation and exploration in a period of dynaamic and fundamental changes. It challenges the underlying assumptions of business fundamentals and which of these are in need of reconsideration.
Next to an overview of the impact of environmental changes on business fundamentals, the book provides a practical guide to managing the contemporary firm, based on the experiences from our consulting practice and the outcome of our research projects.
As a basis for renewing the business, this Annual presents new perspectives on valuation and portfolio management alongside the basics of essential processes like business development and innovation. It deals with the importance of understanding the economic model underlying your firm, and describes how these principles and your key strategic priorities can be made actionable by using the clear cause-and-effect logic of the strategy map. It provides an overview of how your organisation increasingly becomes part of a networked environment, fuelling the importance of themes like sourcing and interoperability. Finally, it provides hands-on insight in processes like post merger integration and program management, essential for realising your business strategy.
This resource of insights is for executives, members of Supervisory Boards, strategists, policy makers, and controllers, in need of insight on how to cope with changing markets, new technologies and active shareholders. It builds on the former volumes in the NNC Annuals series and continues the tradition of Nolan, Norton & Co. to share knowledge and insights with its environment.
About Business Fundamentals
Introduction
Section 1. Strategy
Chapter 1: Fundamentals of strategy
Chapter 2: The nnc–value portfolio matrix
Chapter 3: Practical thoughts to pricing
Chapter 4: Meeting the new business development challenge
Chapter 5: Best practices in innovation
Section 2. Organisation design and governance
Chapter 6: Fundamentals of organisation design and governance
Chapter 7: The management charter
Chapter 8: Business control
Chapter 9: How strategic sourcing can contribute to the performance and stability of a financial service provider
Section 3. Corporate it
Chapter 10: The multiple dimensions of it and your business
Chapter 11: How to successfully (re)design the it function
Chapter 12: Successful collaboration in networks
Section 4. Execution
Chapter 13: Fundamentals of strategy execution
Chapter 14: How to apply the strategy map successfully
Chapter 15: Organising program management
Chapter 16: Post merger integration
Chapter 17: Leadership in transformation
Authors
References
Index
|
|
|
Back
|
|
Home
|
|
|
|
