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Commitment : the dynamic of strategy / Pankaj Ghemawat.

Commitment : the dynamic of strategy / Pankaj Ghemawat.
Catalogue Information
Field name Details
ISBN 0029115752-
Name Ghemawat, Pankaj
Title Commitment : the dynamic of strategy / Pankaj Ghemawat.-
Published New York : Free Press ;-
Description xiii, 178 p. : ill. ; 25 cm.-
Note Includes bibliographical references (p. 157-173) and index.-
Contents Machine derived contents note: Contents -- Preface -- 1. Strategy: The Failure of Success Factors -- Strategy Has Come to Focus on Success Factors. -- Success Factors Are a Shaky Foundation for Strategy. -- The Failure of Success Factors Isn't Fatal to the Enterprise of Strategy. -- 2. Commitment: The Persistence of Strategies -- I Define Commitment as the Tendency of Strategies to Persist over Time. -- Commitment Is Crucial to Explaining Strategic Dynamics. -- Commitment Is Caused by Lock-in, Lock-out, Lags and Inertia. -- Commitment Is the Only General Explanation for Sustained Differences in the Performance of Organizations. -- The Irreversibility Implicit in Commitment Necessitates a Deep Look into the Future. -- 3. Choice: Making Commitments -- Commitment Complicates Choice. -- Orthodox Approaches to Choice Do Not Help Managers Cope with Commitment. -- Commitment Is Mostly Concentrated in a Few Choices. -- Attention Should Be Focused on Commitment-intensive (Strategic) Choices. -- Strategic Choices Demand Cost-benefit Analysis. -- The Cost-benefit Analysis of Strategic Choices Can Partly Be Systematized. -- 4. Positioning: Creating Value -- Reconsider the Launch of the Lockheed TriStar. -- Positioning Analysis Compares the Costs Incurred and the Benefits Delivered by Strategic Options. -- Positioning Analysis Can Usefully Be Reillustrated. -- Positioning Analysis Is an Incomplete Basis for Strategic Choice. -- 5. Sustainability: Claiming Value -- Sustainability Analysis Is Very Important. -- The Sustainability of Superior Product Market Positions Hinges on Commitments to Sticky Factors. -- Imitation Is a Direct Threat to the Scarcity Value of Sticky Factors. -- Substitution Is an Indirect Threat to the Scarcity Value of Sticky Factors. -- Holdup Threatens to Divert Scarcity Value. -- Slack Threatens to Dissipate Scarcity Value. -- Sustainability Analysis Should Be Integrated with Positioning Analysis. -- 6. Flexibility: The Value of Recourse -- Reconsider the Replacement of Old Coke with New Coke. -- Revisions Tend to Be Common. -- Revision Possibilities Afford Flexibility Value. -- Flexibility Analysis Should Be Integrated with Positioning and Sustainability Analyses. -- The Integration Procedure Can Be Illustrated. -- Flexibility Is Particularly Valuable in the Presence of Ambiguity and Learning Possibilities. -- 7. Judgment: Coping with Error -- Errors in the Analysis May Be Either Honest Mistakes or Deliberate Distortions. -- Consider Bidding Patterns on Offshore Oil and Gas Leases. -- The Analysis Should Be Supplemented with Experience. -- Experience Should Not Be Overemphasized. -- Organizations Confront Trade-offs between Errors of Omission and Errors of Commission. -- Different Organizational Arrangements Tend to Lead to Different Mixes of Error. -- Notes -- References -- Index.-
Subjects Competition
Organizational effectiveness
Strategic planning
Decision-making
Managerial economics
Internet Site http://www.loc.gov/catdir/description/simon032/91006527.html
See Also http://www.loc.gov/catdir/bios/simon051/91006527.html
See Also http://www.loc.gov/catdir/enhancements/fy0705/91006527-s.html
See Also http://www.loc.gov/catdir/enhancements/fy0705/91006527-t.html
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Catalogue Information 824 Beginning of record . Catalogue Information 824 Top of page .
Item Information
Barcode Shelf Location Collection Volume Ref. Branch Status Due Date Res. Issue
R01339 658.4012 GHEM 1991
 NonFiction   Sydney . Available .  
. Catalogue Record 824 ItemInfo Beginning of record . Catalogue Record 824 ItemInfo Top of page .