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DYNAMIC DECISIONS IBD

WSPC (EUROPE)
08 / 2022
9781800611962
Inglés

Sinopsis

Dynamic Decisionsáhighlights how some managers and policymakers sleepwalk into decision paralysis. Strategically, they partly recognise their world is changing radically as energy systems transition. In deciding what to invest in, they default to rewarding the predictable and proven, often misdiagnosing the ignored risks of innately ambiguous markets. To remedy this, the author frames ambiguity as a source of opportunity. As extant advantages obsolesce, new entrants could disrupt to gain dominance. Some managers couldárepurpose,áreframe, andáreconfigureátheir resources and processes to create tomorrowâÇÖs profitable niches today. To profit from these emerging business landscapes, managers canáPIVOTáandáBOUnCEáto win by transitioning into a dynamicámindset. Endowed with a creative mind to innovate, humans could reshape their firms and their societies. Armed with these capabilities, albeit partial, managers could choose to adapt responsive strategic actions that areátangible,áactionable, andáachievable, with policy sustaining societal benefits by expanding peopleâÇÖs access to opportunities.Dynamic Decisionsáis written for managers and policymakers that seek to benefit their firms and communities in how they conduct their business and themselves. Connecting theory to practice with actual business cases, this book is organised into four clusters that act as building blocks to structure the readerâÇÖs decision-making process. Through experimentation, learning, and adaptation, the reader ofáDynamic Decisionsáwill redirect their strategic actions that are necessary to nurture tomorrowâÇÖs profitable nichesátoday.