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Strategic Management Dynamics, by Kim Warren
Ebook Download Strategic Management Dynamics, by Kim Warren
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Award winning author Kim Warren presents his new book: Strategic Management Dynamics� -�a complete framework in the field of Strategic Management.
Strategic Management Dynamics builds on, and goes substantially beyond the existing strategy textbooks with its focus on understanding and managing how organisations perform over time. Based on simple but powerful underlying principles, the book both lays out a comprehensive approach to strategy analysis, design and delivery, and connects with established frameworks in the field.
In Strategic Management Dynamics Kim Warren provides a valuable teaching resource, which can be used as a core textbook to bring strategy to life. With numerous examples from different sectors, the book is supported by a rich variety of simulation-based learning materials that are essential if strategy principles are to be experienced, rather than just discussed.
For those who have already learned about strategy, this book provides an important update and extension of their knowledge.
Key Features:
- �Many simulation models to demonstrate dynamics principles in strategy as well as in marketing, human-resource management, R&D, operations management and other functions – ideal for class exercises and assignments.
- A detailed worked example built up from chapter to chapter, illustrating the key frameworks of strategy dynamics analysis.
- Extensive discussion of established strategy frameworks, adapted to demonstrate implications for how organisations perform over time.
- Numerous academic and managerial references as useful supplements in degree courses and executive education.
- End-of-chapter questions and exercises, supported by detailed worksheets.
- Sales Rank: #506259 in Books
- Published on: 2008-01-22
- Original language: English
- Number of items: 1
- Dimensions: 9.23" h x 1.32" w x 7.44" l, 3.26 pounds
- Binding: Paperback
- 720 pages
From the Back Cover
Strategic Management Dynamics builds on, and goes substantially beyond the existing strategy textbooks with its focus on understanding and managing how organisations perform over time. Based on simple but powerful underlying principles, the book both lays out a comprehensive approach to strategy analysis, design and delivery, and connects with established frameworks in the field.
In Strategic Management Dynamics Kim Warren provides a valuable teaching resource, which can be used as a core textbook to bring strategy to life. With numerous examples from different sectors, the book is supported by a rich variety of simulation-based learning materials that are essential if strategy principles are to be experienced, rather than just discussed.
For those who have already learned about strategy, this book provides an important update and extension of their knowledge.
Key Features:
- Many simulation models to demonstrate dynamics principles in strategy as well as in marketing, human-resource management, R&D, operations management and other functions – ideal for class exercises and assignments.
- A detailed worked example built up from chapter to chapter, illustrating the key frameworks of strategy dynamics analysis.
- Extensive discussion of established strategy frameworks, adapted to demonstrate implications for how organisations perform over time.
- Numerous academic and managerial references as useful supplements in degree courses and executive education.
- End-of-chapter questions and exercises, supported by detailed worksheets.
- Extensive on-line support materials for both lecturers and students.
About the Author
Kim Warren was formerly Adjunct Associate Professor of Strategy at London Business School, where he continues to teach on both MBA and executive programs. Previously Kim worked for many years in industry where, among many other roles, he was Strategy Director for a large consumer services company. He also works extensively with international firms in numerous sectors, applying the principles of Strategic Management Dynamics to make substantial improvements in their performance.
Most helpful customer reviews
4 of 4 people found the following review helpful.
Strategy Dynamics Improves Your Management 'Game'
By Michael Olson
It is an ongoing task to keep abreast of the best management practices in our global economy. As a result, we are always searching for better tools to be more insightful, to be more effective, and to get better performance. When one finds a tool that seems to resonate as useful because of challenges we have experienced in the past we are motivated to add it to our toolkit and skill set. But our experience has also taught us that we tend to initially have high expectations which are typically followed by some resetting to a more pragmatic view and finally, if one spends the time becoming skilled, the new tool becomes a necessary addition to our management skill set.
I was reminded of this recently watching a baseball game in which the batter struck a sharp grounder down the third base line. The third baseman charged to his right, scooped the ball up as he dropped into a crouched slide to arrest his momentum, and then rose, right foot planted to make a hard accurate throw to first base for the out. The experienced commentator noted that in the past one was taught to first stop, turn, plant your right foot, and then throw to first base. But this slide, plant and throw scheme was definitely fast, fluid, and effective - artistic in execution. He was impressed. The third baseman had taken another step in the refinement of his personal baseball skills and set a new benchmark for others.
This is how I would describe Kim Warren's Strategic Management Dynamics, a new tool to add to your management `game' a skill that with some practice, will lead to better insights of the dynamic architecture and future of your business. It will help you understand where past performance will likely lead in the future and how one can change that to get better future performance.
What I found resonated with my experience was the use of system thinking to take a holistic view of your company's operation. This fits well with the sustainable management movement that is beginning to become a major part of most organizations as they remake their business for the economic and environmental realities facing us in the 21st century.
Second, it focuses on the strengths of system dynamics to capture the feedback, resources (stocks) and control points (flows) of the corporate architecture. Presenting the dynamics in a graphical language helps bridge barriers to effective discussion between top-down strategists and bottoms-up, spreadsheet-focused, operational managers of the business.
Third, you haven't lost the system dynamics insights behind a dashboard that which allows others to be unsure where the numbers come from. In Strategy Dynamics, the familiar spreadsheet view of the company is clearly evident as well as the dynamics.
Fourth, Strategy Dynamics better bridges the silo-focus that commonly exists in companies that hinders effective understanding and collaboration across business units. It is easier to see how marketing and sales initiatives dealing with intangibles like attracting and retaining customers or managing employee retention affects capabilities and interacts with product development and day-to-day business operations.
Fifth, a lot of decisions involve tradeoffs between short-term and longer-term performance. Strategy Dynamics makes those choices more tangible and sobering because it often takes a few years to see the impact of decisions that lead to success or failure. Being able to intelligently simulate those in advance just enables better decision-making.
Finally, as many organizations begin to focus on other intangibles like "how much will being ecologically proactive attract customers" or "how to understand how my corporate social responsibility program improves bottom-line performance," the Strategy Dynamics approach helps tell the performance story to the often skeptical C-level management team and shareholders who have to keep an eye on the bottom-line.
I highly recommend Kim Warren's strategic management dynamics enhancement of the system dynamics toolkit for enabling more insightful and effective management decision-making. It will definitely improve your management `game.'
4 of 4 people found the following review helpful.
Absolutely outstanding
By Amazon Customer
Absolutely outstanding book on the use of system dynamics modeling to business strategy. Kim Warren brings in a series of concepts to dismiss the idea that indices alone can be used to predict future performance and guide strategy. Instead, the analysis of the structure behind time trends should be taken into account, since these are the *really* important determinants of strategy. If you have to buy one single book on strategy, buy this one.
4 of 5 people found the following review helpful.
A powerful framework to understand and improve performance through time
By F. Raimondi
Using well documented case studies, Strategic Management Dynamics introduces a new framework - the strategy dynamics approach - to move beyond reactive problem solving toward the development and realization of robust and shared strategy for your organization.
Two key principles of the approach seem to be that businesses are made up of interconnected tangible and intangible resources, and that the only way to improve their level (or health) is by acting on their in or out flows. Kim Warren illustrates how these two simple principles, aided by a set of tools and a powerful unifying framework, can allow visualizing and rehearsing strategy, leading to more robust strategy formulation.
The book is well written, well presented and easy to follow and understand. It is very practical and with many good examples and case studies. I would strongly recommend managers at all levels to read this interesting, practical and insightful book on strategy. The book is also useful and handy for strategy consultants and students doing an MBA or other postgraduate studies in business.
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