Download or read book Strategies for Declining Businesses written by Kathryn Rudie Harrigan and published by Free Press. This book was released on 1980 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Entrepreneurial Strategy written by Lucio Cassia and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurial Strategy aims to revive the debate on the role of entrepreneurship in the context of mature business. The authors contend that mature and declining industries are increasingly dominated by the negative pressure of external factors but they are also embedded with a potential renewed role for entrepreneurship because the industry forces as a whole tend to break up, leaving space for strategic business innovation.
Download or read book Strategies for Declining Businesses written by Raymond Alain Thiétart and published by . This book was released on 1984 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Readings in Strategic Management written by Cliff Bowman and published by Palgrave Macmillan. This book was released on 1989-11-01 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection which is part of the Open University integrated teaching system, this book is designed to evoke the critical understanding of students. There are readings covering the strategic management process, strategy formulation and managing strategic change.
Download or read book End Game Strategies for Declining written by Harrigan and published by . This book was released on 1983-01-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Maturing Businesses written by Kathryn Rudie Harrigan and published by Simon and Schuster. This book was released on 1988 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: While fully two-thirds of all businesses in the United States, Western Europe, and Japan are experiencing stagnant or slowing demand, most companies in these categories are either unaware of their true situation or do not dare to confront it. Blind to alternatives beyond complete divestiture or milk
Download or read book The End of Competitive Advantage written by Rita Gunther McGrath and published by Harvard Business Press. This book was released on 2013-05-14 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are you at risk of being trapped in an uncompetitive business? Chances are the strategies that worked well for you even a few years ago no longer deliver the results you need. Dramatic changes in business have unearthed a major gap between traditional approaches to strategy and the way the real world works now. In short, strategy is stuck. Most leaders are using frameworks that were designed for a different era of business and based on a single dominant idea—that the purpose of strategy is to achieve a sustainable competitive advantage. Once the premise on which all strategies were built, this idea is increasingly irrelevant. Now, Columbia Business School professor and globally recognized strategy expert Rita Gunther McGrath argues that it’s time to go beyond the very concept of sustainable competitive advantage. Instead, organizations need to forge a new path to winning: capturing opportunities fast, exploiting them decisively, and moving on even before they are exhausted. She shows how to do this with a new set of practices based on the notion of transient competitive advantage. This book serves as a new playbook for strategy, one based on updated assumptions about how the world works, and shows how some of the world’s most successful companies use this method to compete and win today. Filled with compelling examples from “growth outlier” firms such as Fujifilm, Cognizant Technology Solutions, Infosys, Yahoo! Japan, and Atmos Energy, The End of Competitive Advantage is your guide to renewed success and profitable growth in an economy increasingly defined by transient advantage.
Download or read book Strategic Options in a Declining Industry Environment written by Markus Karmann and published by GRIN Verlag. This book was released on 2012-05 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Reutlingen University, language: English, abstract: At some point in time, business students around the world will most likely be confronted with the famous product and industry life cycle. This tool is mainly used as a marketing instrument. It offers advertising and investment directions for each of the three to five stages of the cycle. Everything in this theory seems obvious and clear, until the "decline" stage of the cycle is reached. The question is, is there really only one option, namely to harvest and then divest, in the last phase of the life cycle? Is the decrease in revenues and profits inevitable? The past shows that this is not necessarily the case. Some companies actually did generate profits and proved to be quite successful in a difficult market environment. Take for example the fountain pen maker Mont Blanc. The market for fountain pens has been declining for decades due to technological change (invention of typewriters and computers) and also consumer preferences. However, Mont Blanc has set up a selective shrinkage ("niche") strategy by attracting high-income professionals and promoting their fountain pens as a luxury good. As a result, the company has achieved stable revenues and high margins within a declining industry (Grant 2010). In the following, this paper will examine what a declining industry is, what characteristics a declining industry shows and what strategic options companies within such an industry environment have.
Download or read book Good Strategy Bad Strategy written by Richard Rumelt and published by Currency. This book was released on 2011-07-19 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity.
Download or read book Strategies for Declining Businesses Declining Businesses written by Kathryn Rudie Harrigan and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Your Strategy Needs a Strategy written by Martin Reeves and published by Harvard Business Review Press. This book was released on 2015-05-19 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: You think you have a winning strategy. But do you? Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other. Should you aim to be big or fast? Should you create a blue ocean, be adaptive, play to win—or forget about a sustainable competitive advantage altogether? In a business environment that is changing faster and becoming more uncertain and complex almost by the day, it’s never been more important—or more difficult—to choose the right approach to strategy. In this book, The Boston Consulting Group’s Martin Reeves, Knut Haanæs, and Janmejaya Sinha offer a proven method to determine the strategy approach that is best for your company. They start by helping you assess your business environment—how unpredictable it is, how much power you have to change it, and how harsh it is—a critical component of getting strategy right. They show how existing strategy approaches sort into five categories—Be Big, Be Fast, Be First, Be the Orchestrator, or simply Be Viable—depending on the extent of predictability, malleability, and harshness. In-depth explanations of each of these approaches will provide critical insight to help you match your approach to strategy to your environment, determine when and how to execute each one, and avoid a potentially fatal mismatch. Addressing your most pressing strategic challenges, you’ll be able to answer questions such as: • What replaces planning when the annual cycle is obsolete? • When can we—and when should we—shape the game to our advantage? • How do we simultaneously implement different strategic approaches for different business units? • How do we manage the inherent contradictions in formulating and executing different strategies across multiple businesses and geographies? Until now, no book brings it all together and offers a practical tool for understanding which strategic approach to apply. Get started today.
Download or read book Developing Business Strategies written by David A. Aaker and published by . This book was released on 1988-04-14 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: ``An exceptional tool for the challenges facing today's corporate planner. It should be read by every manager involved in planning and strategy.'' --Robert R. Lindberg Vice-President, Corporate Development Transamerica Corporation Shows managers how to anticipate market trends, threats, and opportunities, and how to develop strategies that can help their companies respond and grow. Thoroughly revised from the acclaimed 1984 edition, with over 50% new material, the 2nd edition emphasizes a market-responsive approach to creating strategies that any business manager can use to generate effective strategic options in today's constantly changing marketplace. New chapters cover external analysis, customer analysis, competitor analysis, and developing strategy in mature or stagnant markets, and there is expanded coverage of sustainable competitive advantages (SCA).
Download or read book Strategies for Declining Business written by Kathryn Rudie Harrigan and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book How To Save A Declining Business The Top Business Recovery Strategies To Turn A Company Profitable And The Importance Of Operating A Business Cost Effectively written by Dr Harrison Sachs and published by . This book was released on 2020-03-03 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay sheds light on how to save a declining business and elucidates the top business recovery strategies to turn a company profitable. Moreover, the importance of operating a business cost-effectively is delineated in this essay. In spite of the seemingly insurmountable challenge of turning around an unprofitable business, salvaging a declining business on the cusp of filing for bankruptcy is far more viable than presumed possible. Business recovery strategies can be implemented as a last resort to render an unprofitable business eminently profitable or at the very least solvent. Business owners should learn how to operate their businesses efficaciously so that they do not have to resort to exhausting contingency plans. The first business recovery strategy involves undergoing extreme measures to cut costs in as many areas as viably possible. Executing this strategy goes beyond simply trimming off the fat, metaphorically speaking. Instituting this strategy can entail drastically reducing overhead costs and labor costs. Some major changes that can be undergone encompass leveraging "contract, temporary or outsourced employees to replace higher-cost personnel" (Totka) and doing everything in your purview to minimize labor costs. Moreover, faltering companies can also reduce their marketing costs, close office locations, and can even search for more affordable suppliers to buy products from which can help them significantly reduce their costs of goods sold. Variable expenses that can be cut back and that least contribute to increasing the bottom line should be either severely reduced or completely eliminated if feasibly possible. Declining companies can capitalizing on more profusely leveraging social media platforms for content marketing purposes and can even launch affordable pay-per-click campaigns on low cost advertising platforms, such as FaceBook and Instagram, to not only refocus their marketing efforts, but to also attain more targeted reach in a far more cost-effective manner than utilizing traditional marketing strategies. Slumping companies can also consider fully migrating their business operations online by becoming an e-commerce business and by also utilizing drop shippers preempt needlessly incurring the inventory storage costs associated with storing inventory. Leveraging drop shippers to fulfill orders can even help companies completely eliminate inventory storage costs. Companies can also seek to buy inventory as needed from more affordable suppliers, especially if a copious amount of suppliers offer homogeneous retail products that the company sells. The second business recovery strategy revolves around emphatically focusing on sales and marketing efforts to become profitable. Businesses can generate more sales revenue by acquiring more loyal customers, by generating more sales volumes as a result offering lower product prices, or by charging loftier premium prices for their products. In spite of whichever sales strategy and pricing strategy they pursue for the prospect of maximizing profits, the company will need to efficaciously digitally market their products in a manner that eminently complements their selected strategies. As challenging as it might appear to save a struggling business, businesses are not unsalvageable. Declining brands that are willing to embrace necessary changes and efficaciously leverage effective business recovery strategies in order to parlay their revamped business model into a profitable business venture can make a resurgence in the marketplace. Brands that can most cost-effectively maximize their market reach and advertising impact and that can also minimize labor costs while still leveraging a competent workforce are highly apt to eventually become profitable. Failing companies that neglect to embrace customer feedback, refuse to cut costs and change an unprofitable business model, and that abstain from implementing effective business recovery strategies will become defunct.
Download or read book An Examination of Strategies Appropriate for Firms Operatingin Declining Industries written by Ghazali Bin Atan and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Business Strategies for Firms in Declining Industries Caused by Low Cost Import Penetration written by Nawawi Bin Mohammed Jan and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Strategies for Declining Businesses written by Kathryn Rudie Harrigan and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: