Businesses must stay agile and be responsive to the complexities and disruptions brought about by digital transformation. The recent pandemic has also accelerated business digitization. Packed with insights and strategies, this book breaks down the roadmap to organizational success into core areas. It explains how companies can adapt, prepare, and optimize their business performance through strategic positioning, business sustainability, and crisis management.
Rajaram describes strategic positioning as a mix of strategies for organizations to gain competitive advantage and ensure long-term success. He also talks about business sustainability and explores how organizations need to re-innovate their approaches to tap into opportunities created by the rapid changing customer needs and evolving environmental interventions. The book also illustrates how companies can navigate out of a crisis successfully.
This book will be an excellent, essential guide for leaders, practitioners, and anyone who is formulating effective organizational strategies.
Author(s): Kumaran Rajaram
Publisher: Routledge
Year: 2023
Language: English
Pages: 209
City: London
Cover
Half Title
Title Page
Copyright Page
Table of Contents
List of Illustrations
About the Author
Foreword
Preface
Acknowledgments
STRATEGIC POSITIONING AND TRANSFORMATION
1 Leadership and the Future of Work
1.1 Introduction
1.2 Self-leadership
1.3 Transformative Leadership
1.4 Future of Work
1.5 Transformative Leaders: Case Studies
1.6 Strategy 1: Create an Appropriate Culture
1.7 S trategy 2: Adopting Growth and Winning Mindsets
1.8 Strategy 3: Pursue Two Separate Journeys at Once
1.9 S trategy 4: Develop a Road Map Before the Disruption Occurs
1.10 Strategy 5: Make the Transformation Meaningful
2 Value Creation Innovative Culture
2.1 Introduction
2.2 Innovative Culture
2.3 Organizations That Adopt Innovative Culture
2.4 Strategy 1: Re-examine Hierarchy
2.5 Strategy 2: Cultivate External Relationships
2.6 Strategy 3: Understand the Market Segment
2.7 Strategy 4: Enable Collaborative Innovation
2.8 Strategy 5: Tolerate Failure but Not Incompetence
3 Re-strategizing with Re-value Proposition
3.1 Introduction
3.2 Re-strategizing Value Proposition
3.3 Strategic Interventions to Re-evaluate and Enhance Value Propositions
3.4 How to Do Re-value Propositions?
3.5 Organizations That Re-strategize with Re-valuation
3.6 Strategy 1: Undergo Digital Transformation
3.7 Strategy 2: Develop an Innovation and Disruptive Strategy
3.8 Strategy 3: Work on Corporate Social Responsibility
3.9 Strategy 4: Differentiated Offerings and Contemporary, Updated Sales Tactic
3.10 Strategy 5: Focus on Value Capture
BUSINESS SUSTAINABILITY AND FUTURE MARKETS
4 Re-assessing and Re-innovating Business Strategy
4.1 Introduction
4.2 Re-assessing Business Strategy
4.3 Interventions to Re-assess and Re-innovate Business Strategy
4.4 GE-McKinsey Nine-Box Matrix
4.5 Applied Case Studies: Organizations That Have Re-evaluated and Re-innovated Their Business Strategies
4.6 Strategy 1: Develop Dynamic Capabilities
4.7 Strategy 2: Strengthen Identity
4.8 Strategy 3: Revamp Organizational Systems and Business Processes
4.9 Strategy 4: Re-assess Growth Opportunities
4.10 Strategy 5: Survive Victory
5 Corporate Governance and Ethics
Part 1 Corporate Governance and Ethics
5.1 Introduction
5.2 Digitalization: Corporate Governance
5.3 Application: Case Studies with Insights on Corporate Governance and Ethics
5.4 Strategy 1: Unbiased Voice – Set Up Ethics Advisory Board
5.5 Strategy 2: Link Rewards to Ethical Behaviors and Outcomes
5.6 Strategy 3: Embrace an Ethical Technology Mindset
5.7 Strategy 4: Demonstrate Publicly Consequences of Unethical Behavior
5.8 Strategy 5: Create an Authentic Workplace
Part 2 Ethical Leadership in an Unprecedented and Evolving World
5.9 Ethical Leadership: Is There Magic and Unspoken Nuances to Be Moral?
5.10 Why Do Leaders Engage in Unethical Practices?
5.11 Ubiquitous Ethical Oversight
5.12 Concluding Thoughts
6 Agile to Digitalization and Technological Change
6.1 Introduction
6.2 Organization’s Agility: Digitalization and Technological Disruption
6.3 Application via Case Studies: Organizations That Epitomizes Dexterity in Digitalization and Technological Disruptions
6.4 Strategy 1: Reinvent the Business Model
6.5 Strategy 2: Act on Data Insights
6.6 Strategy 3: Adopt a Start-Up Culture and Mindset
6.7 Strategy 4: Align Operating Model to Strategy
6.8 Strategy 5: Use Digital Tools to Better Serve Customers
NAVIGATING THROUGH SUCCESSFULLY IN CRISIS MANAGEMENT
7 Leadership Competencies for Crisis Management
7.1 Introduction
7.2 Leadership: Crisis Management
7.3 Case Studies: Leadership in Crisis Management
7.4 Strategy 1: Develop a Resilient and Winning Mindset
7.5 Strategy 2: Allow Others to Act
7.6 Strategy 3: Inspire and Motivate
7.7 S trategy 4: Direct Responses in a Confident and Decisive Way
7.8 Strategy 5: Act Swiftly
8 Sustainability and Agility in Navigating an Unprecedented Phase
8.1 Introduction
8.2 Organizations: Traversing and Sustaining in an Unprecedented Phase
8.3 Case Studies: Organizational Agility and Sustainability in Crisis
8.4 Strategy 1: Re-evaluate Human Resources
8.5 Strategy 2: Develop an Agile Culture
8.6 Strategy 3: Marketing Strategies and Outreach to Be Relevant
8.7 Strategy 4: Create Innovation Units
8.8 Strategy 5: Deploy Migration Strategies
9 Re-strategize and Prepare for Future Business
9.1 Introduction
9.2 Re-strategizing Organization’s Business Plans
9.3 Case Studies on Organizations: Re-strategizing and Preparation for Its Future Business
9.4 Strategy 1: Upskill and Re-train Employees
9.5 Strategy 2: Re-think Office Spaces
9.6 Strategy 3: Re-examine the Hiring Process
9.7 Strategy 4: Radically Self-disrupt
9.8 Strategy 5: Build a Performance Culture
Index
