How do firms cope with changing environments? Is flexibility really the solution? Based on an Igor Ansoff Award winning study, Building the Flexible Firm shows how flexibility has become the new strategic challenge for contemporary firms. Offering a wealth of insights and based on extensive interviews with practitioners, Henk Volberda provides a strategic framework which explains what types of flexibility are effective under different organizational conditions and environmental characteristics. He also demonstrates an integrated method for diagnosing a firm's flexibility and for guiding the...

This is a new overview of the strategy field, with internationally renowned contributors summarizing the latest directions and developments in strategic management theory in the context of their theoretical roots in economics, organization theory, and systems theory.

The contributors outline the most promising new directions on the basis of a systemic treatment of paradigms or schools of thought in strategy: redrawing firm boundaries, developing dynamic capabilities and discovering viable strategy configurations.

The volume will be an invaluable companion to advanced courses in strategy...

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This work provides an essential and thoughtful overview of the strategy field, with internationally renowned contributors summarizing the latest directions and developments in strategic management theory.

As well as providing a summary and evaluation of the different schools of thought in strategy, the volume offers a synthesis of the American and European approaches.

The volume will be an invaluable companion to advanced courses in strategy and management, used as a reader alongside case material...