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dc.contributor.authorYu, Xiu-bao
dc.date.accessioned2021-04-20T12:48:35Z
dc.date.available2021-04-20T12:48:35Z
dc.date.issued2021
dc.identifierONIX_20210420_9789813347137_43
dc.identifier.urihttps://library.oapen.org/handle/20.500.12657/48258
dc.description.abstractThis open access book clarifies confusions of strategy that have existed for nearly 40 years through the core thoughts of three fundamental elements. Unlike the traditional definition of strategy as "a plan to achieve a long-term goal from overall considerations”in a linear view, this book defines strategy from non-linear viewpoint as it is in the real world. The art of a strategy lies not only in the determination of development goals, but also in the identification of development problems and putting forward overall guiding ideology of solving problems. Rich illustrations as well as numerous business and military cases are presented in helping readers to understand the fundamental elements of strategy. The general scope of the book includes introductions to the three fundamental elements of strategy, three-sub decisions of a complete strategic decision, incomplete strategies, relationship between tactic and strategy, three elements of competitive and corporative strategies. There may be biases in company-level, real strategic decision-making which makes a complete strategy not necessarily a perfect one. The book introduces biases and reasons for the biases, helping industrial strategic decision-makers understand the importance of knowing the nature of the company, the industry and its environment. In addition, this book also presents principles and evaluation approaches of strategic decisions, explores the reasons for the excessive definitions of the strategy concept, and discusses directions of future’s research tasks. The book will benefit business managers who are interested in knowing what a complete strategic decision is and how to avoid errors or biases in strategic decision-making. It also benefits students in business schools (especially in MBA/EMBA programs) who are (or will be) on executive positions. Academic researchers may find it is interesting to understand strategy from the view of the three elements. The new view provides a novel insight into strategy and promotes several research directions in the future. The three elements of strategy are also applicable to military strategies and readers who are interested in military and may find its value as well.
dc.languageEnglish
dc.relation.ispartofseriesManagement for Professionals
dc.subject.classificationbic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJM Management & management techniquesen_US
dc.subject.classificationbic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJT Operational researchen_US
dc.subject.classificationbic Book Industry Communication::K Economics, finance, business & management::KJ Business & managementen_US
dc.subject.otherManagement
dc.subject.otherOperations Research/Decision Theory
dc.subject.otherBusiness and Management, general
dc.subject.otherOperations Research and Decision Theory
dc.subject.otherBusiness and Management
dc.subject.otherbusiness strategy
dc.subject.othercompetitive strategy
dc.subject.otherstrategic decision
dc.subject.othertactics and strategy
dc.subject.otherevaluation of strategy
dc.subject.otherassessment of strategy
dc.subject.otherfuture of strategy study
dc.subject.otherChina's cases in management
dc.subject.otheropen access
dc.subject.otherManagement & management techniques
dc.subject.otherOperational research
dc.subject.otherManagement decision making
dc.subject.otherBusiness & Management
dc.titleThe Fundamental Elements of Strategy
dc.title.alternativeConcepts, Theories and Cases
dc.typebook
oapen.identifier.doi10.1007/978-981-33-4713-7
oapen.relation.isPublishedBy6c6992af-b843-4f46-859c-f6e9998e40d5
oapen.relation.isFundedBy70ed06b2-f5e8-46ef-bc83-0d300c13212a
oapen.relation.isbn9789813347137
oapen.imprintSpringer Singapore
oapen.pages193
oapen.grant.number[grantnumber unknown]


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