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El. knyga: Developing a Turnaround Business Plan: Leadership Techniques to Activate Change Strategies, Secure Competitive Advantage, and Preserve Success [Taylor & Francis e-book]

(Norton Paley & Associates, Falls Church, Virginia, USA)
  • Formatas: 262 pages, 15 Tables, black and white
  • Išleidimo metai: 22-Jun-2015
  • Leidėjas: Productivity Press
  • ISBN-13: 9780429257476
  • Taylor & Francis e-book
  • Kaina: 51,69 €*
  • * this price gives unlimited concurrent access for unlimited time
  • Standartinė kaina: 73,85 €
  • Sutaupote 30%
  • Formatas: 262 pages, 15 Tables, black and white
  • Išleidimo metai: 22-Jun-2015
  • Leidėjas: Productivity Press
  • ISBN-13: 9780429257476

Developing a Turnaround Business Plan is an ideal resource for managers currently facing a competitive crisis as well as those who wish to avert one and must set a turnaround plan in motion before the situation results in irreversible losses.

Whereas the book helps readers develop a sound turnaround plan, the focus of the book is on the actual process that contributes to the development and implementation of that plan. The book details how to identify the root causes that triggered the competitive crisis and how to initiate remedial actions before the turnaround plan begins. After reading this book, you will be able to:

  • Develop a flexible and rapid response to competitive counter-moves
  • Identify offensive and defensive strategies
  • Use competitive intelligence to identify decisive points to concentrate resources
  • Pinpoint the types of competitive campaigns that assure a successful turnaround
  • Assess the required leadership traits for implementing competitive strategies

Covering 13 different types of competitive campaigns, the book describes how to initiate effective offensive and defensive plans to neutralize your competitors’ advantages. It also details how to develop counter-measures for the numerous factors that can bring a turnaround campaign to a standstill.

The book helps executives of small and mid-sized organizations, as well as managers of business units and product lines in larger firms, to activate change strategies and secure sustainable competitive advantages. Examples are provided about real company turnarounds, including Intel, Levi Strauss, Yahoo, J.C. Penney, Hewlett-Packard, Panasonic, Staples, Samsung, and Abercrombie & Fitch.

Introduction xiii
Section I Developing a Turnaround Business Plan
Chapter 1 Identify the Root Causes That Trigger a Turnaround
3(24)
The Primary Conditions That Activate a Turnaround
3(4)
Types of Competitive Campaigns
7(9)
Physical and Psychological Characteristics of a Competitive Conflict
16(1)
Conflicts Do Not Break Out Unexpectedly
16(6)
Conflicts Require Neutralizing the Competitor
17(2)
Conflicts Are Not Isolated Events
19(1)
Campaigns Cannot Be Interrupted
20(2)
Factors That Can Bring a Campaign to a Standstill
22(5)
Competitive Conflicts Contain Elements of Chance
25(2)
Chapter 2 Prepare the Organization for a Turnaround
27(26)
Introduction
27(1)
The Physical Dimension
28(1)
The Psychological Dimension
29(8)
Organizational Culture
29(3)
Seek Maximum Input from All Levels of Employees
32(12)
Stay on the Offensive
33(2)
Act as an Aggressive Competitor
35(1)
Build a Strong Market Position
35(1)
Stay Close to Evolving Technology
35(1)
Establish Strong Internal Communications
36(1)
Strong versus Weak Cultures
37(1)
The Power of Morale
37(7)
Relationships between Leader and Staff: Expectations for Developing a Turnaround Plan
44(8)
Expect Active Participation from Staff
44(1)
Expect Staff to Maintain Momentum
45(2)
Expect Staff to Neutralize Competitor's Strategies
47(2)
Expect Innovative Thinking
49(1)
Expect Staff to Stay Alert to Competitive and Market Conditions
50(1)
Expect Staff to Respond to Negative Behavior
51(1)
References
52(1)
Chapter 3 Prepare a Turnaround Strategy Plan
53(26)
Introduction
53(2)
Establishing a Strategic Direction
55(5)
Objectives
60(2)
Strategies
62(3)
Postcampaign Strategies to Secure a Turnaround
65(14)
Signs of Complacency
66(1)
Signs of Inflexibility During a Time of Disruptive Change
66(1)
Signs of Lethargy
67(1)
Signs of Unnecessary Dispersal of Resources
67(1)
Signs of Inadequate Competitor Intelligence
68(1)
Signs of an Anemic Corporate Culture
68(1)
Signs of Ineffectual Leadership
69(1)
Signs of Sagging Morale
69(1)
Signs of Failure to Apply the Principles of Strategy
70(11)
Primary Strategies
70(2)
Supporting Strategies
72(7)
Section II Activate Change Strategies
Chapter 4 Leadership Techniques to Activate a Turnaround
79(20)
Introduction
79(2)
The Transforming Effect of Courage
81(11)
Activating Intuition
83(2)
The Power of Determination
85(2)
Presence of Mind
87(1)
Honor, Recognition, and Reputation
87(2)
Strength of Mind
89(1)
Strength of Character
90(2)
Leadership Applied to Market Selection
92(5)
Natural Markets
93(1)
Leading Edge Markets
93(1)
Key Markets
94(1)
Linked Markets
94(1)
Central Markets
95(1)
Challenging Markets
95(1)
Difficult Markets
96(1)
Encircled Markets
96(1)
Intellectual Standards and Performance
97(2)
Chapter 5 The Competitive Campaign: Structure and Characteristics
99(20)
Introduction
99(5)
The Essential Components of a Campaign
104(15)
Duration of a Campaign
106(1)
Conducting the Campaign
107(2)
Defense versus Offense
109(2)
The Characteristics of Offense
111(1)
Campaign Follow-Up
112(2)
Use of Reserves
114(5)
Section III The Essential Elements of Turnaround Strategies
Chapter 6 Bold Action versus Cautious Restraint
119(22)
Introduction
119(4)
Applying Boldness
123(5)
Finding Decisive Points
128(1)
Applying Caution
128(3)
Management Tools for Decision Making
131(10)
BCG Growth-Share Matrix
132(2)
General Electric Business Screen
134(2)
Arthur D. Little Matrix
136(2)
Management by Objectives (MBO)
138(1)
Six Sigma
139(2)
Chapter 7 Concentration versus Dispersal Strategy
141(26)
Introduction
141(3)
Implementing a Concentration Strategy
144(12)
Consumers
144(2)
Intermediaries
146(4)
Introducing a New Product
146(1)
Intensifying Market Coverage
147(1)
Making a Smooth Transition When Adding or Replacing Distributors
147(2)
Changing Methods of Distribution to Complement Changes in Business Strategy and Movements in the Industry
149(1)
Competitors
150(1)
Regulatory Issues and Industry Trends
151(1)
Leadership and Management
152(3)
Market Research
152(1)
Planning
153(1)
Organization
154(1)
Guidelines to Utilizing a Concentration Strategy
155(1)
Dispersal Strategy
156(3)
Utilizing Agents for Competitive Intelligence
159(4)
General Agents
160(1)
Inside Agents
160(1)
Double Agents
161(1)
Expendable Agents
162(1)
Living Agents
162(1)
How to Conduct a SWOT Analysis
163(4)
Chapter 8 Indirect versus Direct Strategy
167(20)
Introduction
167(20)
Think Strategically
169(4)
Maneuver Tactically
173(8)
Unbalance the Competitor
181(13)
Stress
182(1)
Fear
183(4)
Chapter 9 Valuing Surprise and Speed
187(22)
Introduction
187(4)
Speed
191(3)
Positioning
194(4)
Develop a Positioning Strategy
195(2)
Branding
197(1)
Barriers to Implementing Speed
198(6)
Leadership
198(1)
The Organization
199(1)
The Ending Point
200(4)
Valuing Surprise and Speed
204(5)
Section IV Secure Competitive Advantage and Preserve Success
Chapter 10 Use a Pretest to Evaluate Your Turnaround Plan for Competitive Advantage
209(18)
Introduction
209(14)
Conditions Triggering a Turnaround
210(1)
The Organization
211(1)
The Turnaround Strategy Plan
212(2)
Leadership
214(1)
The Competitive Campaign
215(2)
Bold Action
217(2)
Concentration versus Dispersal Strategy
219(1)
Indirect versus Direct Strategy
220(1)
Surprise and Speed
221(2)
A Final Word
223(4)
Index 227(16)
About the Author 243
Norton Paley has brought his world-class experience and unique approach to business strategy to some of the global communitys most respected organizations. Having launched his career with publishers McGraw-Hill and John Wiley & Sons, Paley founded Alexander-Norton Inc., bringing successful business techniques to clients around the globe, including the international training organization Strategic Management Group, where he served as senior consultant.

Throughout his career, Paley has trained business managers and their staffs in the areas of planning and strategy development, raising the bar for achievement and forging new approaches to problem solving and competitive edge. Paley has lectured in China and Mexico and has presented training seminars throughout the Pacific Rim and Europe for Dow Chemical and Cargill.

As a seminar leader at the American Management Association, he conducted competitive strategy, marketing management, and strategic planning programs for over 20 years. Paleys books have been translated into Chinese, Russian, Portuguese, and Turkish. His byline columns have appeared in The Management Review and Sales & Marketing Management magazines