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Strategic IQ: Creating Smarter Corporations

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Strategic IQ: Creating Smarter Corporations Cover

 

Synopses & Reviews

Publisher Comments:

Why do once-successful companies fail?The book identifies 3 types of inertia that can be fatal to the most successful company:  strategic/structural/ personal. Senior executives often go to great lengths to resist change.  When things start to go awry, they try harder (through efficiency gains, etc) and therefore may simply be getting better at doing the wrong thing.  Instead they need to analyse their market effectively and diagnose what is needed to respond to the real threats outside.  The illustrations throughout the book give the reader real-life tales of competition on the edge and show what took place behind the public narrative of many prominent companies.This book will prompt executives to ask: What is your Strategic IQ? Do you have the strategic intelligence to keep ahead of your competitors?  Readers will find the book enlightening and its lessons easy to apply: *It provides a framework for understanding strategic intelligence *A roadmap for advancing up the intelligence ladder *Assessment tools to measure progress John Wells shows how traditional success metrics such as revenue growth, profit, market share, reputation and stock price often fail to predict impending disaster – and what to do about it.Praise for Strategic IQ"Hard-hitting and stimulating, Wells' thesis carries a robust message that should make business leaders the world over sit up and think.Archie Norman, Chairman of ITV, UK “Wells makes a compelling case for dramatic change”Ron Sargent, CEO of Staples, USA ‘"A scintillating, stimulating and thought-provoking perspective on strategy….ignore it at your own peril!     Dr. Nahed Tahir, CEO of Gulf One Bank, Saudi Arabia “A must read for any CEO looking to jump-shift their company’s performance.” Michael White, CEO of DirectTV, USA      “Wells brings his famously sharp mind and uncompromising approach to a brilliant new book.…you will enjoy the read, but flinch at the implications.”Dan Cobley, Managing Director, Google UK “Terrifying but true! Wells zeroes in with supreme intellectual precision on the heavy price firms pay for moving too slowly on the business battlefield” Bill Roedy, ex CEO, MTV Networks International, USA “Wells…offers real world, practical advice to raise your company’s Strategic IQ”                Glenn Renwick, CEO of Progressive Corporation, USA   “Wells breaks down common misconceptions about strategy. This book provides an excellent guide.”    Dr. Victor Fung, Chairman of Li and Fung, Hong Kong "A master-class on strategy from a master strategist"                  Rick Mills, Group Director, Strategy Innovation, Alliance Boots, UK "A tour de force ... Wells presents the most approachable, practical, and comprehensive strategy guide to formulating and executing strategy ever!"Bruce Harreld, ex-Head of Strategy, IBM, USA

Synopsis:

In today's world, only the smartest survive. The competitive landscape is littered with graves of well-known firms whose revenues, profits and stock prices rose for decades until they suddenly imploded.
                                             
In fast-changing business environments, firms must adapt their strategies and innovate to remain at the top. But many successful firms fail to do so. Instead, they succumb to inertia, hesitate, or stick blindly to their old strategies, until it is too late.

The ability to adapt to change is a measure of intelligence; so why do firms demonstrate such low Strategic IQ? What causes inertia and why is it so deadly? How can leaders help their firms to act more intelligently?

This book identifies the key sources of inertia - strategic, structural and huma - and provides practical advice on how they can be overcome to create smarter corporations.  It is both a wake-up call for successful firms and a lifeline for firms struggling to succeed. 

To successful firms - beware!  You may already be dead!  

To struggling firms - have hope!  It is possible to pass powerful competitors by raising your strategic, structural and human IQ. 

Praise for Strategic IQ

"Hard-hitting and stimulating, Wells' thesis carries a robust message that should make business leaders the world over sit up and think." Archie Norman, Chairman of ITV, UK  

 "Wells makes a compelling case for dramatic change." Ron Sargent, CEO of Staples, USA

Synopsis:

Why do once-successful companies fail?

The book identifies 3 types of inertia that can be fatal to the most successful company:  strategic/structural/ personal. Senior executives often go to great lengths to resist change.  When things start to go awry, they try harder (through efficiency gains, etc) and therefore may simply be getting better at doing the wrong thing.  Instead they need to analyse their market effectively and diagnose what is needed to respond to the real threats outside.  The illustrations throughout the book give the reader real-life tales of competition on the edge and show what took place behind the public narrative of many prominent companies.

This book will prompt executives to ask: What is your Strategic IQ? Do you have the strategic intelligence to keep ahead of your competitors?  Readers will find the book enlightening and its lessons easy to apply:

  • It provides a framework for understanding strategic intelligence
  • A roadmap for advancing up the intelligence ladder
  • Assessment tools to measure progress

John Wells shows how traditional success metrics such as revenue growth, profit, market share, reputation and stock price often fail to predict impending disaster – and what to do about it.

Table of Contents

PREFACE

INTRODUCTION

PART ONE SMART STRATEGY

Chapter 1.1 The Need for Smart Strategy

Chapter 1.2 Low Strategic Intelligence

Chapter 1.3 What is Strategy?

Chapter 1.4 Moderate Strategic Intelligence

Chapter 1.5 High Strategic Intelligence

PART TWO SMART STRUCTURE

Chapter 2.1 The Need for Smart Structure

Chapter 2.2 Smart Asset Management

Chapter 2.3 Formal Architecture – Navigating the Architecture Labyrinth

Chapter 2.4 Informal Architecture – Leveraging Social Mechanics

Chapter 2.5 Towards Smarter Structure

PART THREE SMART MINDS

Chapter 3.1 The Need for Smart Minds

Chapter 3.2 What is a Mind?

Chapter 3.3 Hiring Smart Minds

Chapter 3.4 Addressing Basic Human Needs

Chapter 3.5 Harnessing Insatiable Human Needs

BIBLIOGRAPHY

INDEX

Product Details

ISBN:
9781119942795
Subtitle:
Creating Smarter Corporations
Publisher:
Jossey-Bass
Author:
Wells, John
Subject:
Making & Problem Solving
Subject:
Strategic management
Subject:
john wells, strategic IQ, traditional success metrics, strategic intelligence, 
Subject:
Business & Economics : Decision Making & Problem Solving
Subject:
Success in business
Subject:
Organizational change
Subject:
Business & Economics : Strategic Planning
Copyright:
Publication Date:
20120907
Binding:
Electronic book text in proprietary or open standard format
Language:
English
Illustrations:
Y
Pages:
328
Dimensions:
229 x 152 x 15 mm 24 oz

Related Subjects

Business » Business Plans
Business » Strategy

Strategic IQ: Creating Smarter Corporations
0 stars - 0 reviews
$ In Stock
Product details 328 pages Jossey-Bass - English 9781119942795 Reviews:
"Synopsis" by , In today's world, only the smartest survive. The competitive landscape is littered with graves of well-known firms whose revenues, profits and stock prices rose for decades until they suddenly imploded.
                                             
In fast-changing business environments, firms must adapt their strategies and innovate to remain at the top. But many successful firms fail to do so. Instead, they succumb to inertia, hesitate, or stick blindly to their old strategies, until it is too late.

The ability to adapt to change is a measure of intelligence; so why do firms demonstrate such low Strategic IQ? What causes inertia and why is it so deadly? How can leaders help their firms to act more intelligently?

This book identifies the key sources of inertia - strategic, structural and huma - and provides practical advice on how they can be overcome to create smarter corporations.  It is both a wake-up call for successful firms and a lifeline for firms struggling to succeed. 

To successful firms - beware!  You may already be dead!  

To struggling firms - have hope!  It is possible to pass powerful competitors by raising your strategic, structural and human IQ. 

Praise for Strategic IQ

"Hard-hitting and stimulating, Wells' thesis carries a robust message that should make business leaders the world over sit up and think." Archie Norman, Chairman of ITV, UK  

 "Wells makes a compelling case for dramatic change." Ron Sargent, CEO of Staples, USA

"Synopsis" by , Why do once-successful companies fail?

The book identifies 3 types of inertia that can be fatal to the most successful company:  strategic/structural/ personal. Senior executives often go to great lengths to resist change.  When things start to go awry, they try harder (through efficiency gains, etc) and therefore may simply be getting better at doing the wrong thing.  Instead they need to analyse their market effectively and diagnose what is needed to respond to the real threats outside.  The illustrations throughout the book give the reader real-life tales of competition on the edge and show what took place behind the public narrative of many prominent companies.

This book will prompt executives to ask: What is your Strategic IQ? Do you have the strategic intelligence to keep ahead of your competitors?  Readers will find the book enlightening and its lessons easy to apply:

  • It provides a framework for understanding strategic intelligence
  • A roadmap for advancing up the intelligence ladder
  • Assessment tools to measure progress

John Wells shows how traditional success metrics such as revenue growth, profit, market share, reputation and stock price often fail to predict impending disaster – and what to do about it.

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