The Practice of Making Strategy: A Step-by-Step Guide

The Practice of Making Strategy is a highly practical book that takes the student as well as the practitioner through the process of making strategy with a management team. Based on a wealth of organizational applications in large and small organizations, public and not-for-profit as well as commercial settings, this book presents techniques that can be applied to develop a business model and to manage key strategic issues. The techniques outlined can be used to develop strategies for units, departments and operating companies, as well as for a complete organization. The book combines powerful theories from the fields of strategic management, social psychology, psychology, operational research, and organizational behaviour. It includes chapters on : How to get stated with a management team, Surfacing and structuring strategic issue, Developing a goals system, Working with patterns of distinctive competencies, Developing and testing the business model; Achieving closure. Insightful and simply written, it will be core reading for MBA students and will also be extremely useful for managers and consultants wanting to do their own strategy making.