Strategic Management in the Knowledge Economy: New Approaches and Business Applications [Hardcover]

Marius Leibold (Author), Gilbert J. B. Probst (Author)

Book Description

Publication Date: December 6, 2002 | ISBN-10: 3895781681 | ISBN-13: 978-3895781681

Strategic Management may be classified as the managerial science of how to lead and enable business organizations to achieve its stakeholders' objectives in a rapidly changing competitive and collaborative environment. With new strategic management requirements, new business management models arise, based on knowledge, networking and innovation.
Designed both for advanced students and business managers, this book presents a unique selection of the most recent thinking and applications regarding strategic management of business organizations in the increasingly global and networked knowledge economy.
Setting a new benchmark in the field of strategic management literature, the book links advanced new theory in strategic management with practical business illustrations. Joining high-level concepts with business applications, carefully selected articles by world-recognized authors are combined with case studies of world-recognized international businesses (Siemens, DaimlerChrysler, Canon, British Airways, Philips, Xerox, HP, IBM, etc.).

Editorial Reviews

Review

“…it should be studied seriously by anyone interest in strategy…” (Long Range Planning, Vol. 37 2004)

“…Essential reading for anyone seriously concerned with the subject…” (Long Range Planning, June 2004)

From the Back Cover

Strategic Management in the Knowledge Economy

Due to the dramatic shifts in the knowledge economy, this book provides a significant departure from traditional strategic management concepts and practice. Designed for both advanced students and business managers, it presents a unique combination of new strategic management theory, carefully selected strategic management articles by prominent scholars such as Gary Hamel, Michael Porter, Peter Senge, and Real-world case studies.

On top of this, the authors link powerful new benchmarks in strategic management thinking, including the concepts of socio-Cultural Network Dynamics, Systemic Scorecards, and Customer Knowledge Management with practical business challenges and solutions of blue-chip companies with a superior performance (Lafite-Rothschild, Who's Who, Holcim, BRL Hardy, Kuoni BTI, Deutsche Bank, Unisys, Novartis).

"Commodity industries like cement offer huge opportunities for performance-oriented knowledge sharing and learning, and this book provides us with the essential elements in an excellent and complete way. Given the good experiences made with our learning related initiatives and tools throughout the various continents where our group is active, we continue to actively promote and encourage systematic best practice exchange, in order to continuously learn from and leverage global experiences."
—Markus Akerman, CEO, Holcim Group

"This a Unique collection of readings, cases, and interpretive chapters on strategy and strategizing in the knowledge economy. Executives in all knowledge-intensive organizations need to pay close attention to it. This is the new direction for strategy in the 21st century, and Leibold, Probst and Gibbert's book is the first available resource."
—Thomas H. Davenport, Director, Accenture Institute for Strategic Change; Professor of Management and Technology, Babson College

"This book makes a valuable contribution to strategic management theory and practice. I agree entirely that the traditional approaches to managing strategically in the global knowledge economy are deficient, and a systemic approach in the knowledge-networked global economy makes absolute sense."
—Johan Van Zyl, CEO, Toyota South Africa

Including the concepts of

• Socio-Cultural Network Dynamics
• Systemic Scorecards
• Customer Knowledge Management

"What is really new in the knowledge Economy? How to move beyond the limitations of traditional Strategic Management approaches? This book provides an excellent basis to address these challenging questions and to understand the new mindsets and competencies necessary to design efficient, effective and sustainable knowledge ecosystems - organizations able to adapt and prosper in today's and tomorrow's complex global markets."
—Albert A. Angehrn, Professor of IT and Entrepreneurship, INSEAD; Alcatel Chair of the Net Economy and e-Management

"From an international perspective, I think this book makes a unique and important contribution to the field of strategic Management."
—Victor C. Cordell, PhD, Professor and Director, International Business Planning Program, Fisher Graduate School of International Business, Monterey, Institute of International Studies, California, USA --This text refers to an alternate Hardcover edition.

See all Editorial Reviews

Product Details

• Hardcover: 351 pages
• Publisher: Wiley-VCH (December 6, 2002)
• Language: English
• ISBN-10: 3895781681
• ISBN-13: 978-3895781681
• Product Dimensions: 9.4 x 7.4 x 0.9 inches
• Shipping Weight: 1.8 pounds
• Average Customer Review: 4.8 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #3,958,713 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

4.0 out of 5 stars A useful summary of alternative approaches, February 23, 2005

By 

Bill Godfrey (Mt Stuart, TAS Australia) - See all my reviews
(REAL NAME)   

This review is from: Strategic Management in the Knowledge Economy: New Approaches and Business Applications (Hardcover)

This book is part authored and part edited, in that many of the sections are reprinted from other sources, with authors including Peter Senge, Michael Porter, Gary Hamel and others.

It consists of six chapters, each with an original authored section, one or more reprinted articles, and case studies. It is primarily designed as an academic textbook, but some of the sections provide useful summaries for practitioners.

Those whose experience of strategic planning is limited to traditional approaches will find the summaries of alternative approaches and their application useful and enlightening. Those who are familiar with the modern range of approaches may find the book provides a useful overview of alternative approaches to strategy and why some work better than others, and also some useful tools. As with all books of this kind, one is left to wonder whether the success of strategies outlined in the case studies is the result of superior technique or analysis, or simply a happy accident, and what lessons can be learned from the cases by those faced with developing a strategy for their own business.

One notable lack is the absence of any discussion of the role of scenarios in the development of strategies. 

5.0 out of 5 stars Excellent, July 14, 2003

By A Customer

This review is from: Strategic Management in the Knowledge Economy: New Approaches and Business Applications (Hardcover)

I am a student of Professor Leibold, and this book was essential in helping me pass his course. I recommend it to anyone studying strategic management, or developing a corporate strategy.

5.0 out of 5 stars Just Excellent!!, December 17, 2002

By A Customer

This review is from: Strategic Management in the Knowledge Economy: New Approaches and Business Applications (Hardcover)

In general I do not find myself reviewing management books, but this one really deserves my perfect appreciation. It helped me a lot in developing some basic ideas and adapting them to the cited industries.