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In the fourth edition of this successful text, Ralph Stacey continues to focus on a radically different approach to strategic management. The central tenets of this approach are concerned with unpredictability and the limitations of control, and argue against the rational models of planning and control covered in other strategy textbooks. This is done by emphasising the importance of narrative, conversation and learning from one's own experience as the central means by which we can gain understanding and knowledge of strategy in organisations.
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Most Helpful Customer Reviews
25 of 26 people found the following review helpful:
5.0 out of 5 stars
Provoking Us Again,
By Arinne Edleman & Curt Lindberg (VHA Inc., Cranbury, New Jersey) - See all my reviews
This review is from: Strategic Management and Organisational Dynamics: The Challenge of Complexity (Paperback)
There is much new in the latest edition of Ralph Stacey's management text. Of special merit is his challenge to those interested in understanding human organizations as complex adaptive systems to remember that these organizations are comprised of humans, not computer agents or ants. He asks us to be wary of simplistic transfers of complexity principles into the management domain. He then offers the theory of "relationship psychology" as an alternative and explores its implications for understanding the mind and healthy, creative organizational dynamics, putting the human back in the complex adaptive, or as he suggests, responsive, system. Ralph Stacey has done more than any other management theorist to examine the intersection of complexity science and organizational thinking. He has been intelligently, provocative and challenging all along and has helped this intersection advance. You'll always want to stay in touch with what he is saying.
5.0 out of 5 stars
Must-read for MBAs and business practitioners,
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This review is from: Strategic Management and Organisational Dynamics: The Challenge of Complexity (to Ways of Thinking about Organisations) (Paperback)
I came to b-school from an academic background (I was pursuing a Ph.D. in another field) and I believe that this book is highly underappreciated by many business-types. It is arguably more dense and more abstract than what most b-school students are (and want to be) comfortable with, but given the turmoil in the business world as of late, it is high time that business practitioners re-think how they approach their work and the understanding that they have of their work and their organization.Stacey introduces many abstract theories on how to THINK about what we do as business practitioners. If you want a book that tells you step-by-step exactly what to do in your job, then this is not the book for you. Stacey's point is that if you want a step-by-step guide to tell you exactly what to do in your job, you are likely taking the wrong approach to your job. The take-away is that in order to be the best at our jobs we all must understand our own assumptions and biases and also decypher, uncover, and question the assumptions and biases of those around us - yes, even your boss'. Stacey does a pretty good job of trying to make his underlying assumptions clear, which allows to reader to better understand where he is coming from in the advice that he presents. Altough the material will no doubt make many b-school students and business practitioners uncomfortable this book should be required reading for all first-semester MBAs.
2 of 7 people found the following review helpful:
1.0 out of 5 stars
Worst Textbook,
By
This review is from: Strategic Management and Organisational Dynamics (5th Edition) (Paperback)
Simply put this is the worst textbook I've ever read. If there was a negagtive star rating I could give it, I would. Stacey's attempts to draw analogies between business and other completely unrelated topics are overdone, belabored, verbose, and very frustrating. This book continually causes me to ask the question "Is the author going to make a point before the end of the chapter?" This book was an assigned textbook for a course I am taking so I am being tortured and forced to read it. Strange and wacky thinking doesn't equal innovative thinking!!!
If you don't have to buy it, DON'T and then beg the instructor to change his/her mind and switch to another textbook.
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