Strategic Decision Making

A Discovery-Led Approach to Critical Choices in Turbulent Times

Edition: 1 Date: 03/01/2018 Price: £32.99 ISBN Paperback: 9780749472603 ISBN Ebook: 9780749472610 Pages: 256 Format (mm): 234x157 Product Category: Supplementary Text/

Professional

Subject: Strategy

Author Information

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. « 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

Description

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organizational inertia, manage the difficulties of rigid organizational structures and avoid being side tracked by outdated or irrelevant experience.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.

Table of Contents

Introduction - Why Strategic

Decision Making needs to become Discovery-led 1 The World is Changing, but we don’t always see it 2 Organizational Inertia - Why

Enterprises find it Difficult to

Change 3 Top-down Decisions 4 Middle-Out Decisions 5 Discovery-Led Decision

Making 6 Mode I - Framing 7 Mode II - Experimenting 8 Mode III - Scaling 9 Implications for Organisations 10 The Force that is You