From Resource Allocation to Strategy
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From Resource Allocation to Strategy by Joseph L. Bower
Book DescriptionJoseph L. Bower and Clark G. Gilbert have collected together some of the leading experts on strategy to examine how strategy is actually made by company managers across the several levels of an organization. Is strategy a coherent plan conceived at the top by a visionary leader, or is it formed by a series of smaller decisions, not always reflecting what top management has in mind? Often it is by examining how options for using resources are developed and selected, that we can see how a company's competitive position gets shaped. On the basis of this understanding, we can see better how these processes can be managed. The book's five sections examine how the resource allocation process works, how the way it works can lead a company into serious problems, how top management can intervene to fix these problem, and where the most recent thinking on these problems is headed. A fifth section contains assessments of this work by thought leaders in the fields of economics, competitive strategy, organizational behavior, and strategic management. The implications for those who study firms are considerable. Activity that is normally thought about in terms of substantive outcomes such as market share and revenue growth, or present value and internal rate of return, is seen to be inextricably related to organizational and administrative questions. The findings presented here should inform the research of economists, strategists, and behavioral scientists. Thoughtful executives and those who consult with them will also find the book provocative. The processes described are complex, but clear enough so that the way toward effective management is apparent. The models developed provide a basis for building the systems and organization necessary for today's competitive world.
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Book DetailsISBN: 9780199277445
(242mm x 163mm x 30mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 27-Oct-2005
Country of Publication: United Kingdom
Books By Author Joseph L. Bower
Capitalism at Risk, Hardback (September 2011)
The spread of capitalism worldwide has made people wealthier than ever before. But capitalism's future is far from assured. This title argues that while governments must play a role, businesses should take the lead. It draws on discussions with business leaders around the world to identify ten potential disruptors of the global market system.
CEO within, Hardback (November 2007)
Explains how companies can develop a cohort of internal candidates - one of whom may be suited to the increasingly demanding CEO role. This book describes the distinguishing attributes of the inside-outsider and reveals how to recruit, nurture, and promote this type of leader.
From Resource Allocation to Strategy, Paperback (September 2007)» View all books by Joseph L. Bower
Joseph L. Bower and Clark G. Gilbert have collected together some of the leading experts on strategy to examine how strategy is actually made by company managers across the several levels of an organization. They consider to what extent strategy is a coherent plan conceived at the top by a visionary leader.
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Author Biography - Joseph L. Bower
Clark G. Gilbert is an Assistant Professor in the Entrepreneurial Management unit at the Harvard Business School. He teaches the Entrepreneurial Manager Course in the first year of the MBA program and has served as the co-director of faculty recruiting for his unit. Professor Gilbert's research focuses on corporate innovation and the challenges of entrepreneurship in large, established firms. Prior to joining Harvard Business School, Professor Gilbert worked as a consultant at the Monitor Group. Today he consults widely to the media, healthcare, and technology industries.
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