Strategy Praxis: Insight-Driven, First Principles-Based Strategic Thinking, Analysis, and Decision-Making

This book offers a novel approach to strategy in practice, providing a conceptually rigorous yet pragmatic approach to strategizing and strategic problem-solving. It introduces new concepts such as the firm's unique competing space and strategic boundaries, the strategic thinking algorithm, and Praxis Reflections, Praxis Perspectives, and Praxis Cases that tie the concepts and methods to real-world strategy practice. It appeals to strategy practitioners, academic researchers, and graduate-level students of strategic management.

Format: Hardback
Length: 232 pages
Publication date: 31 December 2023
Publisher: Springer International Publishing AG

This groundbreaking book offers a fresh perspective on strategy in the practice field, revolutionizing the way we approach and engage with strategic decision-making. By adopting an insight-driven, first principles-based approach to strategizing and strategic problem-solving, the author provides a conceptually rigorous yet pragmatic framework for strategizing, addressing the shortcomings of the current theory-practice gap in the strategy field.

In particular, the author introduces and develops a comprehensive approach to the critical transition stage from strategic analysis to strategic option formation in the strategy process. This approach encompasses novel concepts such as the firm's unique competitive space and its strategic boundaries, the strategic thinking algorithm, and demonstrates how these concepts, when integrated with existing approaches and first-principles thinking, significantly enhance the coherence and effectiveness of strategic problem-solving in practice.

Furthermore, the book incorporates supplementary enhancing features throughout the chapters, including Praxis Reflections, Praxis Perspectives, and Praxis Cases, which tie the concepts and methods presented to real-world strategy practice. This book appeals to a wide audience, including strategy practitioners, academic researchers, and graduate-level students of strategic management, as it offers valuable insights and practical tools for achieving strategic success in today's complex and dynamic business environment.

Weight: 524g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031406911
Edition number: 1st ed. 2023