Alexander introduces an easy-to-implement, powerful four-step process that demonstrates how to achieve extraordinary success through high-performance teams focused on a shared destiny. He focuses on integrating people, systems, and structure, thus directing them toward a predetermined, worthwhile vision, a clear set of believable and livable values, and Transformational, Exciting, Authentic, Measurable (TEAM) goals.
The new M&A bible. Few actions can change the value of a company—and its competitive future—as quickly and dramatically as an acquisition. Yet most companies fail to create shareholder value from these deals, and in many cases they destroy it. It doesn't have to be this way. In The Synergy Solution, Deloitte's Mark Sirower and Jeff Weirens show acquirers how to develop and execute an M&A strategy—end to end—that not only avoids the pitfalls that so many companies fall into but also creates real, long-term shareholder value. This strategy includes how to: Become a prepared "always on" acquirer Test the investment thesis and DCF valuation of a deal Plan for a successful Announcement Day, and properly communicate synergy promises to investors and other stakeholders Realize those promised synergies through integration planning and post-close execution Manage change and build a new, combined organization Sirower and Weirens provide invaluable background to those considering M&A, laying out the issues they have to consider, how to analyze them, and how to plan and execute the deal effectively. They also show those who have already started the process of M&A how to maximize their chances of success. There's an art and a science to getting mergers and acquisitions right, and this powerful book provides the insights and strategies acquirers need to find success at every stage of an often complex and perilous process.
The comprehensive approach has been a new emerging phenomenon within the field of strategic studies, national security, and international defence. Former NATO secretary-general Rasmussen posited that this approach not only makes senseit is necessary. Yet with the rise of asymmetric warfare and the emergence of new constructs, the comprehensive approach is not supported by a necessary framework, model, or theory. Indeed, if the military alone is unable to solve the root cause of conflicts, then other elements of national and international power must collaborate more closely. In SynergyA Theoretical Model of Canadas Comprehensive Approach, author, senior lecturer and strategic management consultant Eric Dion proposes a theoretical model for this new approach: How can such an integrated decision-making model be constructed for the comprehensive approach? Where and when, who and with whom, what, how, why, and to what effect can such a model be employed? Synergy answers these questions with an integrated theoretical model constructed of six management dimensions: the situational context, the sociocultural, the organisational structure, the strategic policies, the systemic processes, and the synergy dynamics. Together, these six dimensions fundamentally represent what would be the basic constructs for a more integrated theoretical model of the comprehensive approach. Taking a strategic management perspective on the comprehensive approach can open new perspectives within the field of national security and defence, a field traditionally dominated by political science and international relations. In the end, synergy appears to better explain the complex dynamics at play within the comprehensive approach.
Strategic management is a field that has diversity in approach and scope, but relative homogeneity in pedagogy. This book, a refreshed edition of its successful predecessor, brings something different to the field, by concisely introducing it with a focus on doing business in the Middle East and North Africa. Supplemented by online case studies and other resources, the reader is exposed to a plethora of concepts, theories, practical implications, and experiential exercises in the strategic management process. The updated text explores key regional issues, including the "Arab Spring", economic recession, corporate social responsibility, the role of women in business and the rise of emerging economies. The reader is encouraged to look at the world in light of the challenges many organizations are facing around the globe. Features like "Stop and Think Critically" and "Focus" points throughout each chapter encourage and inspire a thoughtful reading of the text. This is a book designed to aid undergraduate and graduate students, as well as managers in both for-profit and non-profit sectors. The authors guides the reader through both new and ongoing issues in the field of strategic management, and allow them to foster a greater understanding of this ever-developing field.
All over the world, there are individuals who want to go to work-who are excited to go in on Mondays. They love their jobs because the environment they work in is free of fear and emotional toxicity; and they are unimpeded and able to focus on their work. They do their part to help achieve organizational goals. I work with people like this everyday, and I help them create the kind of workplace they have always wanted-one that delivers a sense of belonging, personal satisfaction, and job enrichment. I make this happen by working with business leaders who know that businesses and organizations are only as good as the people in them, and they recognize the importance of winning the hearts and minds of their people. I build high-performance teams: in businesses, government agencies, churches, non-profits, and even families. I have witnessed astounding personal, financial, and organizational growth accelerate when the environment is free of fear and supercharged with Synergy Team Power. This book is for all employees-from entry level all the way up to the executive suite-who are looking for a way to create a meaningful workplace that delivers continuous job satisfaction. It demonstrates that adopting the value of teamwork and service, along with the importance of treating fellow workers with courtesy and respect-as one does with a customer-makes all the difference. You will find helpful stories, examples, anecdotes, and checklists that have grown out of many years of building and working with high-performance business teams. These stories are about real people who have found a way to create satisfying, fun jobs, and at the same time, build safe, secure, and highly-profitable work environments. There are 5 Synergy Team Power success habits: Building Trust Right Mental Attitude (R.M.A.) Make It Fun Be a "First-Giver" Be a Synergist Within each of the success habit chapters, I have sprinkled humorous and relevant examples, quotes, and anecdotes to make your reading experience pleasurable and meaningful. My vision is that you will find a special message that resonates with you on a personal and professional level, and that it helps you recognize the important role you and all of us play in creating emotionally secure, profitable work environments. My larger vision is that as more and more of us recognize the value of Synergy and its profound benefits, we will work together to expand its application to build stronger families, better schools, profitable businesses, safe cities, and peaceful nations.
In this definitive and revealing history, Henry Mintzberg, the iconoclastic former president of the Strategic Management Society, unmasks the press that has mesmerized so many organizations since 1965: strategic planning. One of our most brilliant and original management thinkers, Mintzberg concludes that the term is an oxymoron -- that strategy cannot be planned because planning is about analysis and strategy is about synthesis. That is why, he asserts, the process has failed so often and so dramatically. Mintzberg traces the origins and history of strategic planning through its prominence and subsequent fall. He argues that we must reconceive the process by which strategies are created -- by emphasizing informal learning and personal vision -- and the roles that can be played by planners. Mintzberg proposes new and unusual definitions of planning and strategy, and examines in novel and insightful ways the various models of strategic planning and the evidence of why they failed. Reviewing the so-called "pitfalls" of planning, he shows how the process itself can destroy commitment, narrow a company's vision, discourage change, and breed an atmosphere of politics. In a harsh critique of many sacred cows, he describes three basic fallacies of the process -- that discontinuities can be predicted, that strategists can be detached from the operations of the organization, and that the process of strategy-making itself can be formalized. Mintzberg devotes a substantial section to the new role for planning, plans, and planners, not inside the strategy-making process, but in support of it, providing some of its inputs and sometimes programming its outputs as well as encouraging strategic thinking in general. This book is required reading for anyone in an organization who is influenced by the planning or the strategy-making processes.
Developing future strategies for a company is an important and complex task, and forms the core issue in this book. A company’s strategy defines its future direction, specifying its desired market position and key competitive advantages both at the level of market offers and of resources. This book provides clear, straightforward advice for professionals: after a brief introduction to strategic planning, a heuristic process for determining future strategies is presented. It shows how to analyze a company’s current situation, develop and assess options for the future, and define implementation projects. Throughout the book, detailed recommendations are illustrated with the help of numerous concrete examples. As a result of studying applications of the book in practice, the second edition benefits from a simplified, hands-on analysis and planning process at the business level.
