Strategic Optionality

Language: English

Published by Springer International Publishing AG, CH, 2024

3031173562 / 9783031173561

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This book offers a fresh approach to strategy by examining the idea of Optionality. Optionality is the right, but not the obligation, to take an action. Built on historic military tactics, static engineering principles, and equilibrium-seeking economics, conventional strategic-thinking suffers some weaknesses, principal of which is its inability to deal with conditions of high uncertainty. This book begins by dividing the business landscape into three distinct domains; (1) Fragile, (2) Robust, and (3) Long-shot (FRL), which alert us to the context-specificity of strategy tools, before suggesting that theoretical lenses are required to understand and implement strategy in VUCA (Volatile, Uncertain, Complex, and Ambiguous) domains. The authors explore the concept and methodology of Optionality in order to demonstrate how it can be used in conjunction with existing strategy tools in order to achieve competitive success. It will be of great interest to academics and students of strategyand innovation.…

Seller Inventory # LU-9783031173561

Title
Strategic Optionality
Author
Surja Datta, Tobias Kutzewski
Publisher
Springer International Publishing AG, CH
Publication year
2024
Condition
New
Binding
Paperback
Language
English
ISBN 10
3031173562
ISBN 13
9783031173561
Edition
2023 ed.

Rarewaves.com USA

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