The Strategy Paradox
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 Cover of The Strategy Paradox |
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| Author | Michael E. Raynor |
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| Country | United States |
| Language | English |
| Genre(s) | Business & Economics Management |
| Publisher | Doubleday |
| Released | 2007 |
| Pages | 320 pp |
| ISBN | 978-0-385-51622-8 (0-385-51622-3) |
The Strategy Paradox is a business strategy book by author Michael E. Raynor, who is the Distinguished Fellow with Deloitte Research. The Strategy Paradox was published in 2007 by Currency/Doubleday.
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[edit] Synopsis
The Strategy Paradox, the title and focus of the book sets up a ubiquitous but little-understood tradeoff. The tradeoff is that most strategies are built on specific beliefs about an unpredictable future, but current strategic approaches force leaders to commit to an inflexible strategy [1] regardless of how the future might unfold. It is this commitment to uncertainty [2] that is the cause of "the strategy paradox." [3]
[edit] Reviews
- BusinessWeek Sidstepping Disaster. By Dean Foust [1]
- The Financial Times Take a strategic risk but hedge your bets. By Fergal Byrne [2]
[edit] Further reading
- Raynor, M. E. 2005. Strategic Flexibility: Corporate-level Real Options as a Response to Uncertainty in the Pursuit of Strategic Integration. In Bower, Joseph L., and Clark Gilbert, eds., From Resource Allocation to Strategy, U.K., Oxford University Press. Chapter 14.
- Raynor, Michael E. 2002. Strategic Flexibility: Charting a Path Through Uncertainty. Convergence Magazine (South African edition), Vol. 2(4).
- Raynor, Michael E. 2002. Make Peace with Business Uncertainty. Optimize. August.
