The Timeless Principles of Successful Business Strategy
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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.
This book examines established firms that have endured for a century and more, presenting ten lessons that reveal the fundamentals of long-term corporate strategy. Countering short-term thinking, these are principles to be pondered and used case-by-case.
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mention specific examples of named companies because the experience from other books shows that they often get quickly outdated and they are usually difficult to extrapolate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
Autor*in
Eric Viardot
Themen in »The Timeless Principles of Successful Business Strategy«
Corporate Strategy Growth Strategy Innovation and Change Key Strategic Concepts Strategic Design