Sustaining high performance in business: systems, resources, and stakeholders

Chapter 1. A systems perspective on strategic management -- Chapter 2. Alternative perspectives on strategy developmentand performance -- Chapter 3. Strategic direction: mission, vision, core values, and business model -- Chapter 4. Strategic analysis of the value creation system: internal resources...

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Bibliographische Detailangaben
Beteilige Person: Harrison, Jeffrey S. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: New York, New York (222 East 46th Street, New York, NY 10017) Business Expert Press 2020
Ausgabe:First edition
Schriftenreihe:Strategic management collection
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Links:https://portal.igpublish.com/iglibrary/search/BEPB0000982.html
https://portal.igpublish.com/iglibrary/search/BEPB0000982.html
https://portal.igpublish.com/iglibrary/search/BEPB0000982.html
Zusammenfassung:Chapter 1. A systems perspective on strategic management -- Chapter 2. Alternative perspectives on strategy developmentand performance -- Chapter 3. Strategic direction: mission, vision, core values, and business model -- Chapter 4. Strategic analysis of the value creation system: internal resources and the value chain -- Chapter 5. Strategic analysis of the value creation system: environmental influences -- Chapter 6. System assessment: tools to guide strategic decisions -- Chapter 7. Implementation planning, strategic control, and organizational structure -- Chapter 8. Strategic management of the vorporate-level system
Many books and articles have been written about how firms can achieve and sustain high performance. They typically focus on a particular aspect of the firm such as its culture, resources, leadership, ability to learn, or management practices. However, often the very firms that are used as examples are no longer high performing even a few years later. In contrast, this book asserts that it is the efficiency and effectiveness of a firm's entire value creating system that determines its performance over the long term. Systems theory is used as an integrative mechanism to combine the best ideas from economics, the resource-based perspective, and stakeholder theory. Based on this theoretical foundation, tools are provided for conducting in-depth, detailed analyses of each part of a firm's value creation system and its contribution to the total stakeholder value created by the firm. This information leads to the development of strategies, including specific initiatives for overcoming weaknesses in the system and for creating new value for stakeholders, based on the reasoning that firms exist to create value for their stakeholders -- customers, employees, shareholders, suppliers, and the communities in which they operate
Beschreibung:Includes index
Umfang:1 Online-Ressource (x, 176 pages)
ISBN:9781951527778
9781951527761