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Fast Strategy

Yves L. Doz, Mikko Kosonen

284 Pages
2008

Fast Strategy

Pearson Education

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Fast Strategy - Summary

In today's constantly shifting business environment, "Fast Strategy" by Yves L. Doz and Mikko Kosonen is a comprehensive guide on how to thrive on change and ensure your company remains competitive. Based on interviews with 130 executives from leading global companies such as Nokia, IBM, and Accenture, the book shows both failures and successes while offering practical tools and frameworks that can be immediately implemented. The combination of an INSEAD academic and a business practitioner as authors adds credibility and experience to this resource on strategic agility.

Key Ideas

1

Strategic Agility

The book emphasizes the importance of strategic agility, which is the ability to rapidly sense shifts in the environment, make swift decisions, and execute them effectively. This concept is crucial for businesses to adapt and thrive in a constantly changing landscape. The authors provide a practical framework for building organizational agility, making it a central theme of the book.

2

Real-World Case Studies

"Fast Strategy" includes captivating case studies of companies that have successfully navigated disruptive forces and others that have faltered. These real-world examples provide valuable lessons for navigating your own strategic challenges. The inclusion of both successes and failures makes the book a comprehensive guide for understanding the dynamics of strategic agility.

3

Actionable Tools and Frameworks

The book offers a suite of practical tools and frameworks designed to help you assess your organization's current agility, identify areas for improvement, and implement actionable strategies for change. These tools make the book not just a theoretical guide but a practical resource for building a more agile and responsive organization.

FAQ's

The main focus of "Fast Strategy" is on strategic agility, which involves the ability to rapidly sense changes in the business environment, make quick decisions, and execute them effectively. The book provides practical frameworks and tools to help organizations build and maintain this agility.

"Fast Strategy" is beneficial for executives, managers, and business leaders across various industries and company sizes. The insights and practical tools provided in the book are designed to help any organization navigate change and disruption effectively.

"Fast Strategy" stands out due to its combination of real-world case studies, practical tools, and the credibility of its authors. The book includes interviews with 130 executives from leading global companies and offers a balanced view of both successes and failures, providing a comprehensive guide to strategic agility.

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