Strategy in the age of disruption : a handbook to anticipate change and make smart decisions / Henrik von Scheel, Ciprian Popa, Joshua von Scheel.

Format:

Book

Author/Creator:

Scheel, Henrik von, author.

Popa, Ciprian, author.

Scheel, Joshua von, author.

Language:

English

Subjects (All):

Strategic planning.

Industry 4.0.

Physical Description:

1 online resource (331 pages) : illustrations (mostly color), forms.

Edition:

1st ed.

Place of Publication:

Hoboken : John Wiley & Sons, Incorporated, [2024]

Summary:

"We live today in a radically changing world, called the 4th Industrial Revolution, which fundamentally alters every aspect of our lives, from business to the economy, the environment, and social interactions at a global level. In its scale, scope, and complexity, the transformation of everything we know beyond recognition across industries and borders, unlike anything humankind has experienced before. Yet it remains poorly understood, and most do not know how we should respond. The Art of Strategy In the Age of Disruption will help you get started from where you stand, exploit what's available to you, and take action to meet the biggest challenges of our times. The book is written as a practical guide on what Industry 4.0 is, what this means for YOU, and how YOU as a leader, manager, expert, entrepreneur or investor capitalize and put it into practice. It is, at its core, a complete handbook on Strategy Execution. Designed as guided step-by-step from a strategic position, strategic choices to strategy execution. And thanks to it's highly designed content, you will learn visually how to systematically guide and approach how to manage the present and create the future."-- Provided by publisher.

Contents:

Cover

Title Page

Copyright Page

Disclaimer

Foreword

Zeal of Appreciation

Dedications

Contents

Chapter One Introduction

Preface

Latest insight on Industry 4.0

Great shifts that slip our attention

Handbook on strategy execution

Designed for doers

Checklist of what you can get out of this book

Authors

Co-authors

Acknowledgment of Contributors

Those Who Believe

Those Who Invest

Those Who Influence

Those Who Engage

Those Who Dare

Those Who Inspire

Those Who Lead

Those Who Rise

To unlock the power 2 think differently!

How to sequence thinking differently!

When we don't Learn, Unlearn, and Relearn

Change is constant

Chapter Two The Art of Strategy + Execution: Move beyond the hype to deliver impact, and make it stick

Myth-busters on Strategy

Why strategies fail

Strategy failure reasons rated based on the critical biases

Outsmart your own biases

The building blocks of Strategy

The nature of strategy

Seeing strategy as an end-to-end lifecycle

Building blocks of Strategy

Chapter Three Strategic Positioning: If you change the way you look at things, the things you look at change

How to think strategically

Take an outside-in view

Inside-Out view

The importance of a Business Model

The nervous system that delivers business value

Value Chain 4.0 - Strategic Positioning (Level 1)

Business Model 4.0 - Strategic Choices (Level 2)

Operating Model 4.0 - Strategy Execution (Level 3)

Decisions made at this level

Think Functionally, Act Strategically

The nervous system that manages the present and future

The evolution of the Value Chain

The Value Chain 4.0

The Value Chain 4.0 - the strategy positioning decision board

The most powerful decision cockpit today

Choices in a Value Chain 4.0.

Chapter Four the 4th INDUSTRIAL REVOLUTION

Industrial Revolution History

Inception of the 4th Industrial Revolution

Beginning of the Global Digital theme

Origin of the 4th Industrial Revolution

Exponential Disruption

The exponential disruption changes every human experience

77 Megatrends that merge

Three Worlds Collide

Eight stages of (R)evolution

Periodic Table of the 4th Industrial Revolution

Technology megatrends (19)

Regulatory megatrends (8)

Workforce megatrends (4)

Environmental megatrends (9)

Globalization megatrends (11)

Demographic megatrends (8)

Economic megatrends (8)

Consumer megatrends (10)

Forces that shape business

Drivers that change

When Worlds Collide

the eight (R)EVOLUTION STAGES

When disruption happens, it happens fast

1st Stage Digital (R)evolution

The Nuts and Bolts of Digitalization with its Architect

Digitalization is still an infant

Digitalization purpose driven applied

Business impact based on a discrete manufacturing value chain

2nd StageTechnology (R)evolution

The Technology (R)evolution arrives in three waves of disruption

Three Waves of Disruption

Accelerates globally economic growth

1st wave of technology trends = Cyber-Physical Systems

First wave = 2009-2016

The great re-make

3rd Stage Environment (R)evolution

Find the right balance

Rethink consumption

Redefine more with less

Refocus on new energy sources

A 30-year to do list

Rethink Energy

Redesign Infrastructure

Remake Consumption

Repair Communication

How we get there

Government

Corporate

Individual

Financial Institutions

2nd wave of technology trends = Web 3.0 and Metaverse

2nd wave = 2016-2025

Artificial Intelligence

Autonomous System

Smart Automation

Blockchain

6G Communications.

4th Stage Economic (R)evolution

History of the Great Economic Revolution

The productivity paradox

Rethink the Economic Models

The Great Economic Shifts

The Economic (R)evolution Megatrends

1. Digital Economy

2. Circular Economy

3. Global Power Shift

4. Infectious Diseases

5. Redefine Gross Domestic Product

Demonetization of the Monetary System

6. Demonetize

Disruptive

Digitalized

Dematerialized

Democratized

Demonetized

Deceptive

The Economics of Love

Dead simple

5th Stage Bio (R)evolution

Bio (R)evolution is the science fiction of tomorrow's science

Bio (R)evolution influential megatrends

Medical Affairs Megatrends (28)

Vaccine Megatrends (17)

Patient Megatrends (11)

Examples of different manifestations of the emerging trends

Miniverse - Bio Cyber-physical Systems

Biofood Systems

6th Stage Consumer (R)evolution

Web 3.0 redefining privacy and the search of the future

The evolution of search drives the Consumer (R)evolution

Web 3 is destined to succeed

Metaverse depends on the evolution of Web 3.0

7th Stage: Fusion Science (R)evolution

Today's science fiction is tomorrow's reality

Bioinformatics

Cybersecurity

Fusion Science - the future of Energy

Nanotechnology

Neurotechnology

Quantum Technology

8th Stage Quantum (R)evolution

Reality is an evolved illusion

Level of Abstraction

Chapter Five Strategic Choices: Stop making plans - start making decisions

Anticipate trends to avoid being blindsided

Why a Business Model Matters

Business Model 4.0 - the strategy choices decision board

Simplify complexity by connecting the dots

Tiers of a Business Model

The difference of Services and Process in a Business Model

Business Model decision cockpit

Operating Model

Performance Model

Cost Model.

Value Model

Service Model

Revenue Model

Key activities to achieve a Strategic Positioning

Strategic Choice: What not to do?

There are 3 types of People

Simple strategies to manage uncertainty and the unexpected

What you CAN DO

What you WANT TO DO

What you SHOULD DO

Example: Achieve Operational Excellence

Strategic Choice: Where to be different?

The strategies choices in a competitive landscape

Grow from the core

Supporting differentiation

101 on Competitive Choices

The strategic choices in a competitive landscape

Competitiveness is not found, it is carefully crafted

Strategic choices that produce different advantages

Example of strategic choices to craft a Cost Advantage

Strategic Choice: What to focus on?

The Art of Trend spotting

The Industry 4.0 is impact-driven applied

The art of trend spotting

Knowing what to focus on, where and when

Golden rule of what to focus on

80-15-5 rule - the secret of the outperformers

Example: What to focus on with digital strategies

Outgrow

Outcompete

Outsmart

Outperform

Outengage

Outdo

Outwit

Outlead

Outlast

Ask the right Questions

Guiding transformation principles on what to focus

Guiding innovation principles on what to focus

Key activities to make Strategic Choices

Outcome-driven focus

Simultaneous, not sequential, decisions

Chapter Six Strategy Execution: The science of getting things done and making them stick

Operating Model 4.0 - Deliver maximum execution

Next-generation of Operations

Operating Model 4.0

Why the Operating Model Matters

The science of delivery

Be prepared for change

Deliver Strategy Execution on Promise

Step-by-step activities to deliver on promise.

Phase 1: Set direction and context

Phase 2: Establish clear accountabilities and metrics

Phase 3: Create realistic budgets, plans, and targets

Phase 4: Track performance effectively

Phase 5: Hold robust performance dialogues

Phase 6: Ensure actions, rewards, and consequences

Key activities to deliver on promise

Align for execution

Define impact

Align activities

Chapter Seven Master the Art of Strategy Execution: A complete step-by-step guide to becoming a hero who kicks ass

The hero maker

Five Steps to Strategy Execution

Manage the present and create the future

Twelve Steps of an Anonymous Failed Strategist

Step 1. Ordinary World

Step 2. Call to Adventure

Step 3. Refusal of the Call

Step 4. Meeting the Mentor

Step 5. Crossing the Threshold

Step 6. The Temptation and Failures

The Hero's Journey for Strategic Positioning

STEP 1 Populate the Value Chain

Step 1: Map the key &amp

support activities as the blueprint

1 Map value chain

Detect the opportunity and challenges

STEP 2 Outline the Financial Anatomy

Step 2: Outline the financial anatomy with the revenue stream

2 Chart cost structure &amp

revenue stream

STEP 3 Detect the Force and Drivers

Step 3: Identify the external and internal trends that affect (where) and influence the organization.

3 Capture forces &amp

drivers

4 Map the change needs in the current operation

5 Understand challenges

5 Define Opportunities

Take design decisions

STEP 4 Determine the Strategic Choices

The Hero's Journey is inside each, open the mystery within

Step 7. Approach to Abyss

Step 8. Death and Rebirth

The Hero's Journey to take Strategic Choices.

Where and when to be different

Chapter Eight FamousLastWORDS

Final words to the strategist

Failing by design

The secret sauce

The core of the strategy is people

Common pitfalls to avoid with strategy

Siloed implementation

Failure to adapt

Analysis paralysis

Technology-driven rather than value-driven

Letting the "perfect" defeat the good

Death of the Genius

Three myths of creativity

Myth #1 Romantic notion of a hero

Being a hero is a team sport

Difference between being great or good

Myth #2 The eureka moment

Hero is a team sport

Myth #3 No one is an expert

You don't know until you've left your fishbowl

Ideas can come from anywhere

A hero evolves skills to see patterns

When preparation meets opportunity

Reusable work templates: Designed to make your own strategy

References

Index

Notes:

Description based on publisher supplied metadata and other sources.

Includes bibliographical references and index.

Other Format:

Print version: Scheel, Henrik von. Strategy in the age of disruption

ISBN:

9781394210282

1394210280

9781394210275

1394210272

OCLC:

1419871777