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    Strategic Transformation: Changing While Winning (Hardback) By (author) George S. Yip, By (author) Gerry Johnson, By (author) Manuel Hensmans

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    DescriptionToday's global marketplace offers opportunities for fast growth, but a winning strategy over the long term raises a special challenge: how to make major strategic changes while maintaining high levels of performance. Business historian Manuel Hensmans and renowned management experts Gerry Johnson and George Yip analyze and examine the strategies employed by exceptional firms that have met this challenge successfully. Hensmans, Johnson and Yip assess the strategies of organizations that have simultaneously posted consistent, long-term superior financial performance while also undertaking the strategic changes needed to ensure future success. With real-life case studies and revealing expert insight from the leaders of Cadbury Schweppes, J Sainsbury, Smith & Nephew, SSL International, Tesco, and Unilever, Strategic Transformation provides a vital guide for creating a sustainably successful business organization. The extensive research base for this book included analysis of the 20-year financial performance of 215 of the largest publicly listed British companies, a further strategic analysis of those 28 companies that were found to have consistent financial performance, and in-depth historical research and extensive interviews with top executives at six companies. The study found that successful strategic transformers developed three historical traditions over a 40-year or longer period, each of which contributed to the companies' ability for strategic transformation. The book's central message is that if managers are to develop firms that can both achieve consistently high performance and manage significant strategic change, they need to accept and foster alternative management coalitions, as well as constructive tension and contestation, while maintaining the right level of strategic continuity. This book explains how to pull off this difficult, but essential, double act.


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  • Full bibliographic data for Strategic Transformation

    Title
    Strategic Transformation
    Subtitle
    Changing While Winning
    Authors and contributors
    By (author) George S. Yip, By (author) Gerry Johnson, By (author) Manuel Hensmans
    Physical properties
    Format: Hardback
    Number of pages: 256
    Width: 154 mm
    Height: 236 mm
    Thickness: 22 mm
    Weight: 540 g
    Language
    English
    ISBN
    ISBN 13: 9781137268457
    ISBN 10: 113726845X
    Classifications

    BIC E4L: BUS
    B&T Book Type: NF
    Nielsen BookScan Product Class 3: S4.2
    BIC subject category V2: KJM
    B&T Merchandise Category: TXT
    B&T Modifier: Geographic Designator: 04
    B&T Modifier: Region of Publication: 03
    BIC subject category V2: KJC
    LC subject heading: ,
    B&T Modifier: Subject Development: 10
    B&T General Subject: 180
    Warengruppen-Systematik des deutschen Buchhandels: 17850
    Ingram Subject Code: BE
    BISAC V2.8: BUS063000
    DC22: 658.4012
    BIC subject category V2: KJD
    B&T Modifier: Academic Level: 02
    BISAC V2.8: BUS007000, BUS101000
    DC22: 658.4/012
    LC subject heading:
    BISAC V2.8: BUS062000
    LC subject heading:
    BISAC V2.8: BUS041000
    DC23: 658.4063
    LC classification: HD30.28 .H476 2013
    Thema V1.0: KJM, KJC, KJD
    Publisher
    Palgrave MacMillan
    Imprint name
    Palgrave MacMillan
    Publication date
    08 January 2013
    Publication City/Country
    Basingstoke
    Author Information
    MANUEL HENSMANS is Professor of Strategic Management at the Solvay Brussels School of Economics and Management, ULB, Belgium. He was previously a Research Fellow at the Advanced Institute of Management Research and a Marie Curie Fellow at Manchester School of Management. His research focuses on how firms can grow sustainably without experiencing major stakeholder crises and he has conducted projects at board of directors level with multiple organizations. His research has been published in international management journals such as LRP, Organization Studies, and MIT Sloan Management Review. He has acted as an executive lecturer at Rotterdam School of Management and an executive tutor at London Business School. GERRY JOHNSON is Emeritus Professor of Strategic Management at Lancaster University School of Management, UK, and a Senior Fellow of the Advanced Institute of Management Research. He is the co-author of Europe's best-selling strategic management text, Exploring Strategy (Prentice Hall, 9th edition, 2011) and author and co-author of several other books. His research interests are in the area of strategic management practice, in particular with the processes of strategy development and change in organizations. He has published in leading journals including Academy of Management Review, Academy of Management Journal, Journal of Management Studies, Strategic Management Journal, Organization Studies, British Journal of Management and Human Management Journal. As a consultant he is a partner of Strategy Explorers and works at a senior level with management teams on issues of strategy development and strategic change. GEORGE YIP is Professor of Management and Co-Director of the Centre on China Innovation at the China Europe International Business School (CEIBS) in Shanghai, China. He is also a Visiting Professor at Imperial College Business School in London. He is a Senior Fellow of the Advanced Institute of Management Research and a Fellow of the Academy of International Business. An earlier book, Total Global Strategy (Prentice Hall, 1992, 3rd edition 2012), was selected as one of the 30 best business books of the year and has been published in ten languages. He has published in all the top managerial journals, including California Management Review, Harvard Business Review, and MIT Sloan Management Review. His business experience includes Vice-President and Director of Research and Innovation at Capgemini Consulting, product and advertising management with Unilever companies, and senior manager of Price Waterhouse's strategic management consulting services in the eastern United States. His previous academic positions include being Dean of Rotterdam School of Management, Erasmus University, and Professor at UCLA, University of Cambridge, and London Business School. As a consultant, board director and speaker, he works with companies on issues of international strategy, strategic transformation, and innovation.
    Review quote
    ""Strategic Transformation "is the chief executive's in-depth guide to how to sustain and refresh strategy over time." - The Financial Times'This is a really thoughtful book; it's rigorous and asks the right questions. It considers how you manage strategic transformation before a crisis forces change. I believe the authors have found the right answers, too, with their focus on culture in terms of continuity, anticipation and openness.'- Sir Terry Leahy, Chief Executive of Tesco PLC, 1997-2011 "This book provides fascinating insights into those companies and their management processes where strategic renewal and development are constants, and others where relative decline seems to be a necessary ingredient in driving change and recovery. As such, its emphasis on the importance of managers understanding the historical legacy of their firms is appropriate and significant." - Sir Dominic Cadbury, Group Chief Executive (1983-1993) and Chairman (1993-2000) of Cadbury Schweppes PLC and Chancellor of the University of Birmingham "This study delves deeply into how successful businesses evolve. It reaches the parts most surveys never even get near. Reading this study will be fascinating for anyone wanting to get inside a successful business and find out what makes it tick. Real insights here and very readable." - David Malpas, Chief Executive of Tesco PLC, 1983-1997 "This is a hugely impressive book, a rare combination of rigorous statistics, detailed historical analysis, conceptual clarity and practical insight. The authors' message: if you want to understand a company's long-term success, you need to get to grips with its history - how continuity and change are balanced, and how new and old points of view are reconciled." - Julian Birkinshaw, Professor of Strategy and Entrepreneurship, London Business School "Business historians have long marvelled at how the corporate giants of one generation can become the corporate losers of the next
    Table of contents
    PART I The Challenge of Change The Background PART II The Three Successful Transformers: Beginnings The Three Successful Transformers: Developments The Three Successful Transformers: Breakthroughs The Three Comparators PART III Four Traditions of Transformation Playing the Long Game: Implications for Managers