The book lays out challenges facing strategists of both profit and not-for profit organizations and presents new approaches to deal with these. Open strategizing, developing innovative strategies and business models, and learning from outliers are detailed. The benefits of ambidexterity and creating an ambidextrous context are presented along with approaches to dissolving silos which act as major obstacles to maintaining performance and viability. Organizational and strategic leadership issues that enable the continuous regeneration of strategies and business models to ensure viability are also detailed. Numerous illustrations from both developed and developing countries are presented to illustrate how the concepts and frameworks presented can be applied to the changing reality.
Creating viability advantages
How to reach viability advantages that ensure the long-term survival of organizations? A departure from the original concept of business might be needed. The authors, experienced business strategists, introduce the reader to concepts of Open Strategizing to harnesses the power of networks, and to the benefits of acting ambidextrously. Examples of numerous organizations show how innovative business models assist in creating viability.
Faced with a myriad of challenges, today’s executives have an urgent need to strengthen their strategic capabilities. Responding to this need, Strategic Thinking by Timo Santalainen offers strategic thinking as a new perspective in strategic management. Strategic thinking requires managers to go beyond the standard tools and frameworks that have gained currency. Timo Santalainen asserts that tomorrow’s success comes from managers being able to see beyond the immediate developments in their industry in order to identify and seize upon opportunities that can lead to sustained success over the long term. Santalainen’s sharp, practical strategy tools and the numerous cases illustrated in the book add flavor and depth to the ideas presented.
Timo Santalainen, Dr. Sc. (Econ.) and Lic. Pol. Sc., has during his career approached strategic management and thinking from three perspectives: academia (A), practical business (B) and consulting (C). He currently works as President of STRATNET, a Geneva-based network of strategy advisors, and Adjunct Professor of Strategy and International Management at Helsinki School of Economics.