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How strategic is your board? /

In a world where business models are evolving rapidly and new competitors can emerge almost overnight, strategic thinking - especially at the top of the company - is more important than ever to a company's survival. However, the authors argue, boards of directors have no clear model to follow w...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Cossin, Didier (Autor), Metayer, Estelle (Autor)
Autor Corporativo: Massachusetts Institute of Technology
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, MA : MIT, 2014.
Temas:
Acceso en línea:Texto completo (Requiere registro previo con correo institucional)

MARC

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100 1 |a Cossin, Didier,  |e author. 
245 1 0 |a How strategic is your board? /  |c by Didier Cossin and Estelle Metayer. 
264 1 |a Cambridge, MA :  |b MIT,  |c 2014. 
300 |a 1 online resource (1 volume) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
588 |a Description based on online resource; title from cover page (Safari, viewed April 27, 2015). 
504 |a Includes bibliographical references. 
520 |a In a world where business models are evolving rapidly and new competitors can emerge almost overnight, strategic thinking - especially at the top of the company - is more important than ever to a company's survival. However, the authors argue, boards of directors have no clear model to follow when it comes to developing the strategic role that is best suited to the company they oversee. As with other leadership roles, the one played by the board varies with the company's culture and the norms and legal requirements of its home country, as well as the norms of the industry. More importantly, the board must play a role that matches the strategic needs of the company and the state of its sector. The board of a young company, for example, usually needs to wrestle with different strategic issues than the board of a long-established company. In the authors' view, three dimensions shape the board's contributions to strategy: 1. A Definition of Strategy Companies define strategy in different ways, depending on their place in their industry and the nature of their industry. Often boards go wrong simply because they have not defined the right measures of competition or the right challenges on which to focus. 2. The Role of the Board The board's role in strategy may range from that of advisers who supervise the strategy to full coauthors of the company's game plan. 3. The Context of the Company The board's involvement in strategy also depends on the context or environment in which the company competes. If the company operates in a market that has a fairly simple and stable competitive dynamic, the board may be well advised to remain distant and largely hands-off on strategy questions. In a more chaotic context, however, a board may choose to take a stronger, hands-on approach to strategy development. These three variables, and the interaction among them, make determining a board's responsibilities for strategy a complex decision. However, the authors suggest, analyzing the three variables in detail can help clarify how a given board can best contribute to a company's strategy. 
590 |a O'Reilly  |b O'Reilly Online Learning: Academic/Public Library Edition 
650 0 |a Boards of directors  |x Management. 
650 0 |a Strategic planning. 
650 6 |a Conseils d'administration  |x Gestion. 
650 6 |a Planification stratégique. 
650 7 |a Strategic planning  |2 fast 
700 1 |a Metayer, Estelle,  |e author. 
710 2 |a Massachusetts Institute of Technology. 
773 0 |t MIT Sloan Management Review.  |g Vol. 56, no. 1, Fall 2014. 
856 4 0 |u https://learning.oreilly.com/library/view/~/53863MIT56112/?ar  |z Texto completo (Requiere registro previo con correo institucional) 
994 |a 92  |b IZTAP