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The Strategy Paradox: Why committing to success leads to failure (and what to do about it) (精装)
by Michael E. Raynor
| Category:
Strategy, Strategic thinking, Management |
| Market price: ¥ 268.00
MSL price:
¥ 238.00
[ Shop incentives ]
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| Stock:
Pre-order item, lead time 3-7 weeks upon payment [ COD term does not apply to pre-order items ] |
MSL rating:
 Good for Gifts |
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AllReviews |
1 2   | Total 2 pages 11 items |
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MSL review, China
<2008-03-19 00:00>
Raynor's strategy paradox is that companies that execute strategies may, by virtue of their commitment to their strategy, experience strategic failure. The example of Sony with Betamax and disc players is used illustrate new insights into these familiar cases of product failure.
This core idea is a fascinating extension to the core idea in The Innovator's Solution where Christiensen and Raynor argue the well managed companies will often overlook disruptive strategies being pursued by new companies with initially inferior products. The different business models required for the successful and emerging disruptive strategy may not be manageable by the same team.
Raynor's book addresses the issue of how should companies avoid overconfidence in their ability to develop strategies and implement in an uncertain environment. In brief, his prescription is to (1) explicitly manage the commitments to a strategy and (2) simultaneously manage the uncertainty around the strategy. The consequences of his prescription are important because they affect how organizations should view the role of executive and operating management.
His prescriptions for portfolio management are based indirectly upon options theory, and illustrated by examples from Sony, Vivendi, Johnson
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Clayton M. Christensen, Professor, Harvard Business School , USA
<2008-03-20 00:00>
One of the most important, realistic and useful books on strategy ever written. With consummate clarity and withering logic, Raynor confronts and resolves the paradox that while strategy requires commitment, much about the future is simply unknowable. It is an absolutely brilliant, lucidly written piece of scholarship. |
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Jim Balsillie, co-CEO, Research in Motion , USA
<2008-03-20 00:00>
Raynor has taken the next giant leap forward in strategy. He demonstrates that much of what we know about creating value is true, but woefully incomplete. By widening our focus from simply the pursuit of success to include ever-present uncertainty, Raynor does more than simply alert us to the long-ignored risk/return tradeoff - he shows us how to break it. |
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Peter L. Bernstein, author of Against the Gods, USA
<2008-03-20 00:00>
The best lesson in corporate strategy I have ever read. Everyone admits we do not know what the future holds, but most of us go on acting as though we do know what the future holds. That can be dangerous in the extreme. Raynor has it right: clearly and convincingly, he shows us why facing up to uncertainty is essential for sustainable success, and then he provides the tools and methods to achieve it. |
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Hugh Courtney, Distinguished Tyser Teaching Fellow, University of Maryland, USA
<2008-03-20 00:00>
The Strategy Paradox is a most extraordinary business book: impeccably researched and argued, brutally honest and devoid of 'silver bullet' solutions to today's complex strategy problems. It has profound implications for business strategy research , teaching and practice and should be read by anyone interested in why some strategies succeed while other equally-thoughtful strategies fail. |
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Andy Boynton, Dean, The Wallace E. Carroll School of Management, Boston College, USA
<2008-03-20 00:00>
A rare and extremely valuable gem…. Raynor provides managers a sophisticated, accessible, and highly usable approach weaving time, choice, uncertainty, and risk into a rich treasury of insights |
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William Hunter MD, Founder, President & CEO, Angiotech Pharmaceuticals, USA
<2008-03-20 00:00>
Very few executives or board members look forward to the annual corporate clairvoyant ritual known as strategic planning; in no small part because of the unspoken recognition that "our" crystal ball's vision of the future has no greater fidelity than the competition's glass sphere. Since luck has rarely proved to be a sustainable business model, there exists a desperate need for a system to implement that can manage the unmanageable: how do you commit resources now to service customers and markets that will emerge in a distant and inherently unpredictable future?
Just as Raynor succeeded in unlocking the mysteries behind innovation in The Innovator's Solution, The Strategy Paradox provides an intelligent, robust, practical compass that the non-telepathic can use to navigate through the inevitable course corrections that will be required along the journey to success. Drawing upon extensive data from business, probability, mathematical and behavioral sciences and graphically illustrating his thesis with real-world examples of both successes AND failures, Raynor beautifully explains how to create a portfolio of strategic options that will allow curative interventions as unforeseen circumstances and developments are inescapably encountered…. Raynor's approach to strategic planning is not only the best manual on the subject written to date, it is an essential survival tool. |
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Paul J. H. Schoemaker, Adjunct Professor, USA
<2008-03-20 00:00>
A very timely book that penetrates to the core of strategy, namely how to balance commitment and flexibility in a world of increasing uncertainty. Michael Raynor is a gifted writer and thinker about business, bringing fresh examples and lucid insights to deeply challenging issues facing today's executives. … This book deserves to be read widely by managers and leaders alike. |
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Dan Hesse, Chairman and CEO, Embarq Corporation, USA
<2008-03-20 00:00>
Insightful, timely and relevant to the choices and commitments our company is contemplating. The external environment in which we will find ourselves in a few short years is very uncertain, where changes in regulations, the economy, competitors’ behavior, customer preferences, or new or disruptive technologies could each, or in combination, dramatically change the operating landscape. The ability to take bold action with urgency, while maintaining strategic flexibility, has never been more important. |
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Dave Holveck, Vice President, Corporate Development, USA
<2008-03-20 00:00>
Raynor's book is insightful in identifying the very real constraints to sustained business growth. Strategy Paradox offers an architectural plan to effect transformational growth in a risk averse climate. These concepts have been extremely helpful to me as I work to create options for promising future technologies while simultaneously managing inescapable strategic risk. |
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1 2 | Total 2 pages 11 items |
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