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Strategic Management in the Knowledge Economy: New Approaches and Business Applications ReviewThis book is part authored and part edited, in that many of the sections are reprinted from other sources, with authors including Peter Senge, Michael Porter, Gary Hamel and others.It consists of six chapters, each with an original authored section, one or more reprinted articles, and case studies. It is primarily designed as an academic textbook, but some of the sections provide useful summaries for practitioners.
Those whose experience of strategic planning is limited to traditional approaches will find the summaries of alternative approaches and their application useful and enlightening. Those who are familiar with the modern range of approaches may find the book provides a useful overview of alternative approaches to strategy and why some work better than others, and also some useful tools. As with all books of this kind, one is left to wonder whether the success of strategies outlined in the case studies is the result of superior technique or analysis, or simply a happy accident, and what lessons can be learned from the cases by those faced with developing a strategy for their own business.
One notable lack is the absence of any discussion of the role of scenarios in the development of strategies.Strategic Management in the Knowledge Economy: New Approaches and Business Applications Overview
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