- Explores what senior managers can do to make better strategic decisions in a business environment of uncertainty, ambiguity and confusion
- Shows how to test, evaluate and refine strategic interventions before cascading throughout the whole organization
- Provides guidance on how to combat decision-making bias and organizational inertia
- Features examples from Ryanair, Netflix, HMV, Komatsu, Caterpillar, Ericsonn, Tesco and McDonalds
Strategic Decision Making
A Discovery-Led Approach to Critical Choices in Turbulent Times
Make sound strategic decisions in an uncertain business world by using this discovery-led approach.
Key features at a glance
EAN: 9780749472603
Edition: 1
Published:
Format: 234x157
256 pages
About the book
Making strategic decisions is a fundamental skill for leaders and managers. However, in a business environment that is in a constant state of change, making strategic decisions has never been more difficult. Strategic Decision Making addresses this challenge by providing a framework that can be used to make sound decisions in an uncertain world. Structured around the core concepts of framing, experimenting and scaling, this book will ensure that efforts are focused where the need is greatest, that interventions are tested, evaluated and revised if necessary and that successful initiatives are effectively rolled out across the business.
Packed with real world examples and backed up by academic research, Strategic Decision Making will allow today's leaders and the leaders of tomorrow to make successful and defensible business choices. It shows how to: avoid decision-making bias, overcome organizational inertia, manage the difficulties of rigid organizational structures and avoid being side tracked by outdated or irrelevant experience. Essential reading for business practitioners and management students alike, this comprehensive guide provides a robust approach to achieving strategic success.
About the authors
Dr Simon Haslam is a Chartered Director, strategy consultant and strategy programme lead at the Institute of Directors. He is a Visiting Fellow at Durham University Business School and co-owns the research and consulting firm FMR Research. He consults internationally to public,private and third sector organisations.
Dr Ben Shenoy helps organizations apply behavioural insights to a variety of business issues, through executive education, speaking engagements and applied research. He is a Visiting Professor at The London School of Economics and Director of the Business Insights Lab at the University of Surrey.
This book presents fresh insights and a contemporary perspective based on an iterative, non-linear approach to strategic decision making. It offers a holistic framework for organizations seeking to adapt to the chaotic and challenging times of the 21st Century.
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