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Managing with Dual Strategies - Derek F. Abell

Managing with Dual Strategies

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Rarely, if ever, do companies clearly distinguish between or balance the management of today's business and planning for the future. Derek Abell, internationally renowned for his pioneering work on strategic market planning, once again breaks sharply with conventional wisdom to demonstrate how a company can develop analytic marketing modes for not one but two distinct planning horizons. Managing with dual strategies, Abell argues, calls for new approaches not only to planning, but to organizational structure and management control. He makes specific recommendations on how current operating practices need to be adapted, and shows how leading firms are recognizing the dual nature of management as a new way of organizational life.

Planning for the present, Abell shows, requires a vision of how the firm must operate now given its unique competencies and resources. By involving each level within the management team from the CEO to financial planners, to line managers, Abell details how firms can pinpoint market opportunities through careful segmentation and identification of key success factors to "connect" with customers. At the same time, he distinguishes the importance of horizontal relationships for defining and focusing on internal strategies, and vertical relationships for being attuned to changing market realities.

Success today, he warns, does not ensure success tomorrow. Abell describes how world-class leaders such as Nestlé, Caterpillar, and Heineken monitor both internal and external forces for market change, successfully mastering the present, and preempting the future. Preparing for the future requires understanding the full range of activities industry-wide, and anticipating changes in technology, buyer/seller behavior, and product life cycles. Abell explains how companies can develop and implement these co-existing visions and address the real forms of change that vitally affect their future -- today and tomorrow.

C. Roland Christensen Robert Walmsley University Professor, Emeritus, Harvard University Must reading for business educators, senior managers, and corporate directors. Derek Abell presents a new and pragmatic approach to a perennial management dilemma -- how to implement one's current organizational strategy while simultaneously managing the emergence of a new strategy to meet future competitive needs.


CONTENTS

Preface

PART I INTRODUCTION

Chapter 1 The Dual Nature of Management

Chapter 2 Duality in Practice

PART II PERSPECTIVES ON TODAY AND TOMORROW

Section A. The Customer Perspective


Chapter 3 There's More to Customer Satisfaction Than Meets the Eye

Chapter 4 Market Segmentation

Chapter 5 Markets in Motion

Section B. The Company Perspective

Chapter 6 Defining an Industry

Chapter 7 The Company and Its Competitors: Visible Differences

Chapter 8 The Company and Its Competitors: Hidden Differences

Section C. The Cost Perspective

Chapter 9 The Dynamics of Costs

Chapter 10 Managing Costs for Competitive Advantage

PART III DUAL STRATEGIES

Chapter 11 Mastering the Present

Chapter 12 Agendas for Change

Chapter 13 Preempting the Future

PART IV NEW WAYS TO MANAGE

Chapter 14 Turning the Organization Inside Out and Upside Down

Chapter 15 Moving to Dual Planning

Chapter 16 Controlling Performance and Monitoring Change

Notes

Index

ISBN: 9781451602241
ISBN-10: 1451602243
Audience: General
Format: ePUB
Language: English
Number Of Pages: 292
Published: 15th June 2010
Publisher: Free Press