Download or read book Real Options written by Lenos Trigeorgis and published by MIT Press. This book was released on 1996-03-14 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive in scope, Real Options reviews current techniques of capital budgeting and details an approach (based on the pricing of options) that provides a means of quantifying the elusive elements of managerial flexibility in the face of unexpected changes in the market. In the 1970s and the 1980s, developments in the valuation of capital-investment opportunities based on options pricing revolutionized capital budgeting. Managerial flexibility to adapt and revise future decisions in order to capitalize on favorable future opportunities or to limit losses has proven vital to long-term corporate success in an uncertain and changing marketplace. In this book Lenos Trigeorgis, who has helped shape the field of real options, brings together a wealth of previously scattered knowledge and research on the new flexibility in corporate resource allocation and in the evaluation of investment alternatives brought about by the shift from static cash-flow approaches to the more dynamic paradigm of real options—an approach that incorporates decisions on whether to defer, expand, contract, abandon, switch use, or otherwise alter a capital investment. Comprehensive in scope, Real Options reviews current techniques of capital budgeting and details an approach (based on the pricing of options) that provides a means of quantifying the elusive elements of managerial flexibility in the face of unexpected changes in the market. Also discussed are the strategic value of new technology, project interdependence, and competitive interaction. The ability to value real options has so dramatically altered the way in which corporate resources are allocated that future textbooks on capital budgeting will bear little resemblance to those of even the recent past. Real Options is a pioneer in this area, coupling a coherent picture of how option theory is used with practical insights in into real-world applications.

Download or read book The Art of Strategy written by Hwi-chʻang Mun and published by Cambridge University Press. This book was released on 2018-08-09 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: A novel integration and extension of two global strategy classics: Sun Tzu's military strategy and Michael Porter's business strategy.

Download or read book The Politics of Flexibility written by Bob Jessop and published by Edward Elgar Publishing. This book was released on 1991 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents both theoretical and empirical studies of the current reorganization of economic, political and social relations in Britain, West Germany and Scandinavia. The arguments are illustrated with case studies.

Download or read book Strategic Flexibility written by Gary Hamel and published by Wiley. This book was released on 1999-01-26 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in association with the Strategic Management Society, this books illustrates the best in global strategic management. In particular, the theme of "strategic flexibility"--i.e., the ability to manage effectively in a world of ever-growing change--is introduced.

Download or read book Flexible Strategies in VUCA Markets written by Sanjay Dhir and published by Springer. This book was released on 2018-06-09 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the concepts of volatility, uncertainty, complexity, and ambiguity (VUCA) that are the core of various paradigms used in strategic management to understand competitive advantage as well as flexibility in organizational boundaries. It serves as a valuable reference resource in the area of VUCA markets. An increase in the levels and types of uncertainty has important implications potentially for the durability of a company’s advantages, the way firms learn and adapt, approaches for managing innovation and knowledge, and the attractiveness of different strategies and organizational models. In today’s world, strategic flexibility in VUCA is essential for business leaders to sustain market advantage and attain a clear vision amid the chaos. Business leaders who stay focused and are aware of external volatility as the prevalent characteristic are successful, while those who are not flexible in this VUCA world and lock themselves into fixed positions lose out. The book includes empirical and conceptual research papers along with case studies and models discussing strategies for emerging markets in volatile and uncertain environments. It also covers a variety of issues, including innovation, people and processes, financial management, and leadership and strategies in VUCA markets. Apart from research fraternity and academia, the contents of the book will be useful for practitioners as well as industry watchers.

Download or read book Cases in Strategic Management written by Sanjay Dhir and published by Springer. This book was released on 2019-04-16 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how strategic management can be practiced in the context of flexibility. It discusses strategic formulation and implementation perspectives and practices, including vision and mission, general environment analysis, industry analysis, competitive advantage, resource and capability view, generic strategies, business level strategy, corporate level strategy, international strategy, change and turnaround, strategic implementation, and strategic controls, as well as flexibility embedded in these concepts. It can be used as a primary textbook for managerial programs for executives, and as a supplementary case textbook for core MBA courses. Exploring “Strategic Formulation” and “Strategic Implementation” concepts from a flexibility perspective, it is also an excellent companion to leading strategic management textbooks.

Download or read book Smart Flexibility written by Andy Lake and published by CRC Press. This book was released on 2016-04-01 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart Flexibility: Moving Smart and Flexible Working from Theory to Practice is an engaging and practical management book to help organisations implement Smart Working, and take a business-focused approach to ’Flexible Working’. Written for managers at the leading edge of change, Andy Lake takes a strategic, comprehensive and integrated approach to Smart and Flexible Working. Taking an evidence-based approach, he sets out how to achieve measurable benefits across the Triple Bottom Line. Starting from the underlying principles and the compelling context for change, he takes a pragmatic approach to delivering change in each of the key areas of People (HR), Property and Technology. The book is designed to help professionals understand the vital connecting points across disciplines as well as innovations in their own fields. And there are separate chapters that look at the real impacts for sustainability, the impacts for ’Smart Government’, how to manage the ’Anywhere Anytime Team’ and how to take people on the journey towards a Smart Flexibility organisational culture. The book includes many insights based on the author’s experience and the latest research, many practical techniques for implementing change plus ten new case studies. Smart Flexibility is essential reading for anyone involved in workplace change and increasing the efficiency of organisations. It is aimed at managers who need to deliver change, and will be of great interest to consultants in the fields of workplace design, new technologies and HR/OD/Training.

Download or read book Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business written by José Manuel Saiz-Álvarez and published by Business Science Reference. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past, family-owned and operated businesses contributed greatly to the economy. Now, however, these types of entrepreneurship models are almost nonexistent due to large, corporate companies taking control of the market. For the family trade to survive, those in the industry need to research strategies specifically designed for family businesses. The Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business is a collection of innovative research on business and leadership strategies that can be applied to family firms in order to boost efficiency, competitiveness, and optimal use of resource allocation to compete internationally. While highlighting topics including global leadership, knowledge creation, and market performance, this book is ideally designed for business managers, management professionals, executives, researchers, academicians, and students seeking current research on the entrepreneurship role of family businesses in the modern economic age.

Download or read book The Flexible Enterprise written by Sushil and published by Springer Science & Business Media. This book was released on 2013-11-19 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need for enterprise flexibility in an era of rapidly advancing technology, increasing competition, and globalization, is apparent. Flexibility can be thought of as an ability of the enterprise to quickly and efficiently respond to market changes and to bring new products and services quickly to the market place. Beyond this definition, a truly flexible enterprise should proactively change the market through its ability to create new and innovative products and services. The proposed book is intended to provide a conceptual framework of ‘Flexible Enterprise’ supported by researches/case applications in various types of flexibilities exhibited by a flexible enterprise. The selected papers from a variety of issues concerning the planning and operation of a flexible enterprise are organized into following four parts: I Enterprise and Strategic Flexibility II Organizational Flexibility III Business Process and Information Systems Flexibility IV Operations Flexibility

Download or read book Ultimate Flexiblity written by Sang H. Kim and published by Turtle Press. This book was released on 2010-09-22 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ultimate Flexibility is the book you've been waiting for. More than a collection of exercises or an explanation of technique, Ultimate Flexibility is a complete guide to stretching for martial arts, from the very basics of why you should stretch to detailed workout guidelines for every style and level of martial arts practice.Written by acclaimed author and martial artist Sang H. Kim, Ultimate Flexibility is your guide to achieving maximum flexibility in your training. Begin with an in depth look at the hows and whys of flexibility and stretching.

Download or read book The Shaping of Grand Strategy written by Williamson Murray and published by Cambridge University Press. This book was released on 2011-02-14 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within a variety of historical contexts, The Shaping of Grand Strategy addresses the most important tasks states have confronted: namely, how to protect their citizens against the short-range as well as long-range dangers their polities confront in the present and may confront in the future. To be successful, grand strategy demands that governments and leaders chart a course that involves more than simply reacting to immediate events. Above all, it demands they adapt to sudden and major changes in the international environment, which more often than not involves the outbreak of great conflicts but at times demands recognition of major economic, political, or diplomatic changes. This collection of essays explores the successes as well as failures of great states attempting to create grand strategies that work and aims at achieving an understanding of some of the extraordinary difficulties involved in casting, evolving and adapting grand strategy to the realities of the world.

Download or read book Flexibility written by Gill Eapen and published by CRC Press. This book was released on 2009-12-17 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are in an era of high volatility and uncertain outcomes, driven by accelerating technologies, shortened product cycles, fast-changing information, an increasingly mobile workforce, more demanding customers, complex financial markets, ad-hoc public policies, and many other factors that add layers of uncertainty to all future possibilities. While

Download or read book Creating Strategic Change written by William A. Pasmore and published by John Wiley & Sons. This book was released on 1994-05-17 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pasmore has brought over 20 year's worth of expertise to thisconceptually sophisticated yet practical guide concerned withorganization design and change. Concentrates on implementation andhow organizational planning and transformation efforts can improveperformance productivity. Features extensive cases and examplesdeveloped by the author from his consulting work at enterpriseslike Proctor & Gamble, TRW, Goodyear, General Foods and othercompanies.

Download or read book Flexibility in Engineering Design written by Richard De Neufville and published by MIT Press. This book was released on 2011-08-12 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to using the power of design flexibility to improve the performance of complex technological projects, for designers, managers, users, and analysts. Project teams can improve results by recognizing that the future is inevitably uncertain and that by creating flexible designs they can adapt to eventualities. This approach enables them to take advantage of new opportunities and avoid harmful losses. Designers of complex, long-lasting projects—such as communication networks, power plants, or hospitals—must learn to abandon fixed specifications and narrow forecasts. They need to avoid the “flaw of averages,” the conceptual pitfall that traps so many designs in underperformance. Failure to allow for changing circumstances risks leaving significant value untapped. This book is a guide for creating and implementing value-enhancing flexibility in design. It will be an essential resource for all participants in the development and operation of technological systems: designers, managers, financial analysts, investors, regulators, and academics. The book provides a high-level overview of why flexibility in design is needed to deliver significantly increased value. It describes in detail methods to identify, select, and implement useful flexibility. The book is unique in that it explicitly recognizes that future outcomes are uncertain. It thus presents forecasting, analysis, and evaluation tools especially suited to this reality. Appendixes provide expanded explanations of concepts and analytic tools.

Download or read book Software Design for Flexibility written by Chris Hanson and published by MIT Press. This book was released on 2021-03-09 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategies for building large systems that can be easily adapted for new situations with only minor programming modifications. Time pressures encourage programmers to write code that works well for a narrow purpose, with no room to grow. But the best systems are evolvable; they can be adapted for new situations by adding code, rather than changing the existing code. The authors describe techniques they have found effective--over their combined 100-plus years of programming experience--that will help programmers avoid programming themselves into corners. The authors explore ways to enhance flexibility by: Organizing systems using combinators to compose mix-and-match parts, ranging from small functions to whole arithmetics, with standardized interfaces Augmenting data with independent annotation layers, such as units of measurement or provenance Combining independent pieces of partial information using unification or propagation Separating control structure from problem domain with domain models, rule systems and pattern matching, propagation, and dependency-directed backtracking Extending the programming language, using dynamically extensible evaluators

Download or read book Super Flexibility for Knowledge Enterprises written by Homa Bahrami and published by Springer. This book was released on 2014-07-26 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: strategy, but we also focus on execution. We talk about organizational design, and also refect on leadership practices. Our assumption is that in a dynamic world, leaders at all levels, have to constantly switch gears, wear different hats, and na- gate at different altitudes. They have to think about the “total” enterprise, not in terms of compartmentalized silos or felds of functional expertise. Much like a g- eral contractor, they have to draw on specialized expertise, as and when needed, yet keep the big picture in mind. Our hope is that our diagnostic tools can help teams develop a shared frame of reference and generate cross-functional dialogue. The third driving force behind this second edition is the gradual convergence between the worlds of entrepreneurial start-ups and challenges facing established corporations. Innovation, agility, and initiative are no longer the exclusive preserve of start-ups. Established companies are looking for ways to re-invent themselves, to innovate, to think creatively, and to make their enterprises more fexible, agile and entrepreneurial. We have had the good fortune to sit at the intersection of these two worlds. We hope our ideas can beneft both groups. We set out to provide a “buffet table”, a menu of options that can be helpful for the two ends of the spectrum.

Download or read book Flexible Organizations and the New Working Life written by Helge Ramsdal and published by Routledge. This book was released on 2016-04-15 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are we actually talking about when we talk of flexibility in organizational settings? Do flexible forms of organization lead to varied, challenging and autonomous work or do they have a negative impact on working conditions? These questions are confronted by a group of specialist authors including Stephen Ackroyd, Harriet Bradley, Jan Ch. Karlsson, Philippe Mossé and Michael Rose, who discuss the concept of flexibility in relation to employment practices, organizational structure, cultural peculiarities and network arrangements in France, Italy, Norway, Sweden and the UK. While the question of workplace flexibility has been much debated in recent years, the main issues discussed have been the practice of non-standard forms of employment such as part-time work. This book is distinctive in dealing with flexibility related to organizational arrangements, organizational culture and network arrangements, and in assessing the combined effects of different arrangements in terms of manpower, structure, culture and networks on flexibility.