This volume, from leading experts in the field of strategy - Karel Cool, James Henderson and Rene Abate - looks at the challenges facing industries, networks, businesses and management during periods of industry structuring and restructuring. New industries are emerging; others are disrupted; old barriers are crumbling while new ones are rising. These periods of turmoil present serious threats, yet also offer tremendous opportunities across various levels: industries, networks, companies and management.
How do existing industries sustain their competitiveness in times of turmoil? How do networks stave off threats from new technologies? How do emerging and incumbent companies survive when growth is not an option? How do incumbents fend off entrants and underdogs? What is the role of management in sustaining superior performance? Finally, how should companies and management be governed during these times of turmoil? Clearly, each of these questions has a separate, but very important, impact on the performance of a business.
Restructuring Strategy provides a glimpse into the strategies industries, networks, where businesses are deploying to shape, adapt to or survive in these chaotic conditions to enhance business profitability. The book is divided into three parts, which cover such important topics as industry and network competitiveness, successful business strategies in industry structuring and restructuring and superior management and corporate governance practices.
The authors have developed exciting thinking on these topics with definite contributions to academia and with significant managerial implications.
Blackwell Publishing, 2004