The simultaneous pursuit of growth and profitability is one of the most exquisite-and difficult-leadership dilemmas. Bala Chakravarthy and Peter Lorange provide penetrating insights and persuasive real-life examples on how a company can address this dilemma through continuous renewal and internal entrepreneurship. Unusual for books on leadership, their discussion spans from theory through pract…
Despite voluminous research, the process through which strategies are shaped, implemented, and changed remains ill understood. The old debates continue: Is strategy emergent or planned? Does it bubble bottom-up or is it set top-down? Is the process rational or political? Is strategy the work of a lone genius or the result of a collective, albeit more mundane, effort? Reconciling the varied and …
Resource-based theory maintains that intrinsic characteristics of resources and capabilities, such as their tacitness, complexity, and specificity, prevent imitation and thereby prolong exceptional performance. There is little direct evidence to verify these claims, yet a substantial literature encourages firms to formulate competitive strategies around resources with these attributes. Further,…
Includes bibliographies, index and tables