Managing uncertainty : strategies for surviving and thriving in turbulent times / Michel Syrett and Marion Devine.

Format:

Book

Author/Creator:

Syrett, Michel, author.

Devine, Marion, author.

Series:

Economist series.

The Economist

Language:

English

Subjects (All):

Management.

Strategic planning.

Organizational change.

Business cycles.

Recessions.

Crises.

Physical Description:

1 online resource (226 p.)

Edition:

6th ed.

Place of Publication:

Hoboken, New Jersey : John Wiley & Sons, Inc., 2012.

Language Note:

English

System Details:

text file

Summary:

A guide to understanding and responding to business uncertainty in the twenty-first century Managing uncertainty has become a new business imperative. Technological discontinuities, regulatory upheavals, geopolitical shocks, abrupt shifts in consumer tastes or behavior, and many other factors have emerged or intensified in recent years and together conspire to undermine even the most carefully constructed business strategies. Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times addresses these new challenges, assessing the sources of business turbulenc

Contents:

Managing Uncertainty: Strategies for surviving and thriving in turbulent times; Copyright; Contents; Acknowledgements; Preface; 1: Introduction: managing in an uncertain world; The uncertain world order; Speed and multiplication; Convergence and interconnectivity; Looking ahead; New patterns of uncertainty; The essence of this book; 2: Strategic anticipation; Flexible planning; Option evaluation; Game theory; Futures forecasting; Scenario planning; Pattern recognition; Integrating strategy determination and execution; Strategy and innovation: a tale of two companies

3: Navigational leadershipInspiring confidence; Honesty; Clarity; Inspirational; Involving; Ensuring transparency, accountability and good governance; Encouraging speedy and well-informed decision-making; Involving and engaging staff; Conclusion; 4: Agility; New rules; Competing through agility; Financial agility; The importance of liquidity; Cut costs but not capability; Adopting a value-based focus; Operational agility; Focusing on the profitable core; Portfolio agility; Organisational agility; Cisco Systems; Netflix; Conclusion; 5: Resilience

Developing more resilient managers and businessesThe roots and traits of resilience; Developing resilience in managers; Complexity: a barrier to resilience?; Developing a more resilient organisation; Shore up your decision-making processes; Build trust between leaders and teams; Use people to change people; Make sure employees engage with the strategy; Avoid being overprotective; Provide employees with opportunities to become more resilient; Build a resilient culture; View crises or setbacks as valuable learning opportunities; Make resilience a core consideration

Build in space for staff to talk about uncertaintyReview management development processes; Provide stability through a sense of shared identity; Conclusion; 6: Open collaboration; Internal collaboration; Tools of collaboration; Sharing company-wide data; Breaking down organisational boundaries; Business-to-business collaboration; Collaboration with customers; Engaging with customers: dialogue and interaction; Co-creation; Crowd sourcing; Cross-industry or system-wide collaboration; Open collaboration: an emergent capability; GlaxoSmithKline's strategy of ""externalisation""

7: Predictive learningAnalytics; Using analytics effectively; Data mining and categorisation; Data, information and knowledge; Mining for what?; Double-loop learning; Abduction; Building a predictive learning culture; Adopting an integrated approach: Cisco Systems and IBM; Cisco Systems; IBM; 8: Conclusion: creating an integrated approach; Reconfiguring businesses to manage uncertainty; Strategic planning; Risk management; Leadership; Operational management; Stakeholder management; Talent management; Developing a capabilities framework; Plotting a pathway; Strategy; Leadership

Organisational response

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9781283665018

1283665018

9781118166536

1118166531

OCLC:

811427150