Competitive Strategy Dynamics (Hardcover)

by Kim Warren (Author) "It is important, before setting out to tackle the issues of strategy dynamics, to give some clarity to the critical questions raised in the Preface,..." (more)
Key Phrases: advertizing spend, competitive strategy dynamics, marketing spend, Months Figure, Years Figure, Aircraft Figure (more...)

Editorial Reviews

Review
"...many valuable ideas..." (Long Range Planning, Vol 37 2004)

Product Description
The complexity and dynamism of modern industries and businesses has exposed shortcomings in the strategy tools currently in widespread use. Senior management is in urgent need of a practical, fact-based, but rigorous approach for understanding how their organizations function, interact with competitors and their market place, and deliver performance over time. The Strategy Dynamics approach offers a means for accomplishing this task, and building a more confident and prosperous path into the future.

Kim Warren provides a very clear and accessible introduction to the Strategy Dynamics approach in Competitive Strategy Dynamics. He offers powerful but usable frameworks to explain and deliver the key concern of senior managers and investors - business performance through time. In addition to tangible factors such as customers and staff, he shows how to deal with the unavoidable influence of 'soft' factors such as morale, quality, reputation and capabilities. He also explains how the Strategy Dynamics approach is relevant and applicable to all contexts - new venture development, rapid growth, maturity, decline, rivalry, market entry and so on.

Competitive Strategy Dynamics has been written for MBA and Executive Education courses in strategic management, business policy and international management, but the concepts are relevant, too, in other subjects, such as marketing, organizational behavior and new venture development. It is also an important tool for strategy consultants and practising managers, whether in large or small firms, manufacturing or service sectors, public service or not-for-profit organizations.

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Product Details

• Hardcover: 346 pages
• Publisher: Wiley (August 23, 2002)
• Language: English
• ISBN-10: 0471899496
• ISBN-13: 978-0471899495
• Product Dimensions: 9.7 x 6.7 x 0.9 inches
• Shipping Weight: 1.7 pounds (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars See all reviews (5 customer reviews)
• Amazon.com Sales Rank: #875,827 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

6 of 6 people found the following review helpful:

5.0 out of 5 stars Systems dynamics for top management, January 31, 2003

By A Customer

This is an excellent book for business managers not for expert models developpers. Much has been written on system dynamics that can hardly be applied to the world of business. Warren has translated a complicated theory into a graspable subject with a step-by-step approach that will help senior management integrate system dynamics into their thinking. It is then up to managers to require the help of expert consultants to build the model, the object of most of the litterature on system dynamics.

6 of 7 people found the following review helpful:

5.0 out of 5 stars Excellent approach to strategy, December 11, 2002

By	"justin1028" (New York, NY) - See all my reviews

The book is an excellent synthesis of the resource based view of strategy with system dynamics. It presents an easy to follow process for implementing strategy dynamics in an organization. The development of a strategic architecture allows companies to cleary identify all resources, both tangible and intangible, and ensure that all inflows and outflows associated with these flows are running smoothly.

7 of 9 people found the following review helpful:

5.0 out of 5 stars A good follow on book.............., July 30, 2003

By	An avid reader (Singapore) - See all my reviews

This is a good follow on book specifically addressing the strategic management issues. To really understand and apply this book, one must have read "Business Dynamics by Sterman".

Otherwise this is a good book giving a very refreshing approach to strategy management that has strong underlying mathematical foundations. Another plus for this book is by using system dynamics, that has been around for 40+ years and still going strong, as the underlying approach, it has made its shelf life longer (unlike most management theories that end up as "flavor of the week").

A must for anyone interested to read, know about, practice strategic management