Monday, July 16, 2012

Strategy and the Business Landscape: Pankaj Ghemawat (2009)

This is not one off coffee table management books for your bookshelf to decorate. This is all serious stuff if you are really keen in reading a book on strategy that summarizes 40 years of strategy literature in less than 200 pages. It expects you are at least exposed to business strategy as a discipline understand Porter's five forces, a bit of game theory principles and lots more. Presents all these in six chapters of rigorous drill on strategy and organization competitive sustenance theory. As part of the book a good refresher to the subject after 5-6 years and more importantly I found the chapter on corporate strategy very nicely dealt with. How companies on completely diversified portfolio of businesses come of with a  corporate strategy is a definite eye opener. This could be due to the fact that I was not exposed to these as part of my formal education.

A great book for academically inclined as a refresher. If you are not please avoid.

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