This book shows how strategic management can be practiced in the context of flexibility. It discusses strategic formulation and implementation perspectives and practices, including vision and mission, general environment analysis, industry analysis, competitive advantage, resource and capability view, generic strategies, business level strategy, corporate level strategy, international strategy, change and turnaround, strategic implementation, and strategic controls, as well as flexibility embedded in these concepts.
It can be used as a primary textbook for managerial programs for executives, and as a supplementary case textbook for core MBA courses. Exploring “Strategic Formulation” and “Strategic Implementation” concepts from a flexibility perspective, it is also an excellent companion to leading strategic management textbooks.
Sanjay Dhir is an Assistant Professor and Chair of the Strategic Management Group at the Department of Management Studies, IIT Delhi. He is also Director of the GIFT School of Strategic Alliances Management, and a fellow of the Indian Institute of Management (IIM), Lucknow. He worked at the R&D Department, Mahindra and Mahindra Ltd, Nasik, for three years. He has published several research papers in leading international journals, including case studies at Richard Ivey School of Business, Western Ontario jointly distributed by Ivey and Harvard Business School. His research papers have been included in several prestigious academic conference proceedings, such as Academy of Management (AoM), Academy of International Business (AIB), Strategic Management Society (SMS), Southern Management Association (SMA), International Simulation Conference of India (ISCI, IIT, Mumbai), and Strategic Management Forum (SMF, IIM Lucknow). His major areas of interest are strategicmanagement, joint ventures, innovation management, management of change and transformation, implementation strategy and international strategy. He is also a coordinator of the stakeholders’ engagement cell at IIT, Delhi, associate editor of the Global Journal of Flexible Systems Management (Springer), and editor of the e-journal Global Journal of Business Excellence, managed by the GIFT society, which aims to create and enhance business excellence practices in Asia and the Pacific.
Sushil is Abdulaziz Alsagar Chair Professor (Professor of Strategic, Flexible Systems and Technology Management), and in the Strategic Management Area at the Department of Management Studies, Indian Institute of Technology (IIT), Delhi. He was a Visiting Professor and has delivered seminars at several leading universities, including Kyoto University, University of Minnesota, Stevens Institute of Technology, University of Lethbridge, and Université Paris 1 Panthéon-Sorbonne. He is an active researcher and has published 20 books in the areas of flexibility, strategy, systems thinking, and technology management. He has published over 300 papers in various refereed journals and conferences. A pioneer in the area of “flexible systems management,” he has made numerous original contributions to the field in the form of interpretive approaches in management. He is the founder editor-in-chief of the Global Journal of Flexible Systems Management (Springer) and serves on the editorial boards of leading international journals. He is also the Series Editor of Springer series ‘Flexible Systems Management’ which has published 10 volumes on this niche topic so far. He is the founder president of the professional body “Global Institute of Flexible Systems Management” (GIFT). He has acted as consultant to both governmental and industrial organizations and has served as an independent director on the boards of Government of India enterprises such as Rashtriya Ispat Nigam Ltd (RINL) and HSCC (India) Ltd. (Hospital Services Consultancy Corporation Limited).
