The Timeless Principles of Successful Business Strategy

Beschreibung

In recent times, a number of business leaders have forgotten the fundamental rules of business strategy. Consequently they have led their companies to collapse, provoking an economic and financial crisis. Obsessed with short-term returns, they have overlooked the fact that the real purpose of corporate strategy is not only to make quick profit but more importantly to create an organization that will endure. There is much to learn from the experience of established firms that have existed for a hundred years and more. They provide the material for this clear and concise book, which presents ten lessons that detail the main elements of corporate strategy. Recognizing that each firm is unique, the book resists the temptation of quick fixes, instead offering lessons to be pondered and used on a case-by-case basis.
In recent times, a number of business leaders have forgotten the fundamental rules of business strategy. Consequently they have led their companies to collapse, provoking an economic and financial crisis. Obsessed with short-term returns, they have overlooked the fact that the real purpose of corporate strategy is not only to make quick profit but more importantly to create an organization that will endure. There is much to learn from the experience of established firms that have existed for a hundred years and more. They provide the material for this clear and concise book, which presents ten lessons that detail the main elements of corporate strategy. Recognizing that each firm is unique, the book resists the temptation of quick fixes, instead offering lessons to be pondered and used on a case-by-case basis.
The book includes all the business strategy concepts and practices that are used by successful everlasting companies It excludes to mention specific examples of named companies because the experience from other books shows that they often get quickly outdated and they are usually difficult to extrapolate Instead of providing examples to imitate, the book singles out some practices/ patterns which are shared by companies who have been successful over more than decades. It invites the readers to consider if they can use them for their own firm Includes supplementary material: sn.pub/extras

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Eric Viardot

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Corporate Strategy Growth Strategy Innovation and Change Key Strategic Concepts Strategic Design

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