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Fast Strategy: How strategic agility will help you stay ahead of the game
- By Yves Doz, Mikko Kosonen
- Published Apr 3, 2008 by Prentice Hall Professional.
- Copyright 2008
- Dimensions: 9-1/4 X 6-1/8
- Pages: 272
- Edition: 1st
- Book
- ISBN-10: 0-273-71244-6
- ISBN-13: 978-0-273-71244-2
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Product Author Bios
Yves Dozis currently the Timken Chaired Professor of Global Technology and Innovation at INSEAD and Visiting Professor at Helsinki School of Economics. He has also taught at Harvard Business School, Stanford's Graduate School of Business and Aoyama Gakuin University in Tokyo. He has researched and published widely on the strategy and organization of multinational companies. His previous books include The Multinational Mission, with CK Prahalad and From Global to Metanational, with Jose Santos and Peter Williamson. He consults extensively for major global companies.
Mikko Kosonenis currently Executive Vice President of Finnish Innovation Fund. Prior to this he held several senior executive positions at Nokia since joining the company in 1984, most recently as the head of strategy and CIO for Nokia Corporation from 1997 to 2005. Dr Kosonen has lectured extensively in Finland and abroad on strategic renewal based on his experiences as Nokia leader and business scholar.
He is Vice Chairman of the Finland Post Board of Directors and has served on several other advisory boards, including Hewlett Packard, the Center for Knowledge and Innovation Research and the Finnish Association of Business Administration.
Successful companies often become victims of their own success: when their business matures, they find it impossible to renew themselves. To regain and maintain growth they need to learn to thrive on change and disruption.
Fast Strategy analyses the risks successful companies face, and presents the three essential capabilities they need in order to regain and maintain continued growth: strategic sensitivity (both the sharpness of perception and the intensity of awareness and attention), resource fluidity (the internal capability to reconfigure business systems and redeploy resources rapidly) and collective commitment (the ability of the top team to make bold decisions –fast, without being bogged in “win-lose” politics at the top).
Fast Strategy is based on interviews with 150 executives from leading global companies such as Cisco, HP, IBM, Intel, Nokia, and SAP. Measures, tools and leadership behaviours implemented by these companies as they rekindled growth are detailed in a way that can serve as examples and be readily put in practice.
Co-authored by a former Nokia top executive and a senior academic, Fast Strategy combines experience and theory for your company to stay ahead of the competition. More information on Fast Strategy and the area of strategic agility can be found on the authors' website: www.strategicagility.com/
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15 of 15 people found the following review helpful
Superb, Needed by the 90% of Leaders Who Don't Read, By
This review is from: Fast Strategy: How strategic agility will help you stay ahead of the game (Hardcover)
Minus one star for publisher being lazy about using Amazon tools to help readers see the table of contents and otherwise "look inside the book," and for lack of deeper reference to externalities that deeply impact on emerging business models, including natural capitalism, moral capitalism, and transcendent capitalism.I found the content engrossing, while on every page I realized that with every word, the authors are describing precisely what 90% of the "successful" leaders refuse to do--and especially those in the secret intelligence community that I know so well. The authors blend deep strategic experience with Nokia and at INSEAD among many other qualifications, and I recommend this book be read together with two others that I recently reviewed: The New Age of Innovation: Driving Cocreated Value Through Global... Read more
6 of 7 people found the following review helpful
How to become and then remain a strategically agile company, By
This review is from: Fast Strategy: How strategic agility will help you stay ahead of the game (Hardcover)
In their Introduction, Yves Doz and Mikko Kosonen assert that strategically agile companies "not only learn to make fast turns and transform themselves without losing momentum but their CEOs and top teams also have higher ambitions: to make their companies permanently, regularly, able to take advantage of change and disruption. They want their organizations to learn to thrive on continuous waves of change, not to periodically and painfully adjust to change, in an alternation of periods of stability and moments of upheaval. Put differently, they want [everyone in] their companies [at all levels and in all areas] to learn a new competitive game: the fast strategy game - a game where nothing can be taken for granted, where no competitive advantage edge may last, where innovation and the constant development of new capabilities are the only sources of advantage."Doz and Kosonen respond to critically important questions such as these: What separates winners from... Read more
1 of 2 people found the following review helpful
Fast Strategy, By
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This review is from: Fast Strategy: How strategic agility will help you stay ahead of the game (Hardcover)
Book is difficult to read. I am finding good food for thought but I am spending alot of time re-reading to get authors points
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Table of Contents
PART I: BEING STRATEGICALLY AGILE
CHAPTER 1 : THE FAST STRATEGY GAME
CHAPTER 2 : STRATEGIC AGILITY
CHAPTER 3: THE DANCING ELEPHANT
PART II: FOSTERING STRATEGIC AGILITY
CHAPTER 4: SHARPENING STRATEGIC SENSITIVITY
CHAPTER 5: BUILDING COLLECTIVE COMMITMENT
CHAPTER 6: ENABLING RESOURCE FLUIDITY
PART III: REBUILDING STRATEGIC AGILITY
CHAPTER 7: STRATEGIC AGILITY – LOST AND FOUND
CHAPTER 8: MOBILIZING MINDS
CHAPTER 9: ENERGIZING HEARTS
CHAPTER 10: FLEXING THE ORGANIZATION
CHAPTER 11: DE-POLITICIZING TOP MANAGEMENT
CHAPTER 12: CONCLUSION
APPENDIX 1: THE CURSE OF SUCCESS
APPENDIX 2: DECIDING ON THE PATH TO TAKE
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