Lecture 8: Emerging Tools and Trends in Strategic Management

Business & Economics - Lecture 8: Emerging Tools and Trends in Strategic Management - 15 slides

Explore Lecture 8: Emerging Tools and Trends in Strategic Management, covering This lecture focuses on the latest trends in strategic management tools, emphasizing the importance of digital.

Topics Covered

  • Introduction: The Evolving Landscape of Strategic Management
  • Digital Transformation as a Strategic Tool
  • The Role of Data Analytics in Modern Strategy
  • Innovative Business Models and Competitive Advantage
  • Predictive Analytics in Strategic Decision Making
  • Artificial Intelligence and Strategic Innovation
  • Agile Business Strategies: Responding to Rapid Change
  • Building Ecosystems through Strategic Partnerships
  • Blockchain Technology as a Strategic Advantage
  • Scenario Planning Tools for Strategic Forecasting
  • Digital Twins in Strategic Innovation
  • Hyperpersonalization in Strategic Management
  • Strategic Management with Platform Business Models
  • Cybersecurity as a Strategic Imperative
  • Conclusion: Strategic Tools in an Evolving Business Landscape

References

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  • Provost, F. and Fawcett, T. (2013) Data Science for Business: What You Need to Know about Data Mining and Data-Analytic Thinking. O'Reilly Media.
  • Chesbrough, H. (2003) Open Innovation: The New Imperative for Creating and Profiting from Technology. Harvard Business School Press.
  • Christensen, C.M. (1997) The Innovator’s Dilemma. Harvard Business Review Press.
  • Waller, M.A. and Fawcett, S.E. (2013) 'Data Science, Predictive Analytics, and Big Data: A Revolution that will Transform Supply Chain Design and Management', Journal of Business Logistics, 34(2), pp. 77-84.
  • Agrawal, A., Gans, J. and Goldfarb, A. (2018) Prediction Machines: The Simple Economics of Artificial Intelligence. Boston: Harvard Business Review Press.
  • Brynjolfsson, E. and McAfee, A. (2017) Machine, Platform, Crowd. New York: W.W. Norton & Company.
  • Beck, K. et al. (2001) Manifesto for Agile Software Development. Available at: https://agilemanifesto.org.
  • Rigby, D.K., Sutherland, J. and Takeuchi, H. (2016) 'Embracing Agile', Harvard Business Review, 94(5), pp. 40-50.
  • Iansiti, M. and Levien, R. (2004) 'Strategy as Ecology', Harvard Business Review, 82(3), pp. 68-78.
  • Teece, D.J. (2007) 'Explicating Dynamic Capabilities: The Nature and Microfoundations of (Sustainable) Enterprise Performance', Strategic Management Journal, 28(13), pp. 1319-1350.
  • Nakamoto, S. (2008) 'Bitcoin: A Peer-to-Peer Electronic Cash System', Bitcoin Foundation.
  • Iansiti, M. and Lakhani, K.R. (2017) 'The Truth About Blockchain', Harvard Business Review, 95(1), pp. 118-127.
  • Schoemaker, P.J.H. (1995) 'Scenario Planning: A Tool for Strategic Thinking', Sloan Management Review, 36(2), pp. 25-40.
  • Tao, F., et al. (2018) 'Digital twins and Cyber-Physical Systems', Manufacturing Letters, 20, pp. 1-4.
  • Glaessgen, E. and Stargel, D. (2012) 'Digital Twin: Advancing from Simulation to Cyber-Physical Systems', AIAA.
  • Lim, C. et al. (2021) 'The evolution of hyperpersonalization in consumer experiences', Journal of Strategic Marketing, 29(5), pp. 589-612.
  • Cho, J. and Kaptein, M. (2023) 'AI-enabled personalization: A framework for strategic advantage', AI Strategy Review, 3(2), pp. 115-130.
  • Evans, D.S. and Schmalensee, R. (2016) Matchmakers: The New Economics of Multisided Platforms. Boston: Harvard Business Review Press.
  • Parker, G.G., Van Alstyne, M.W., and Choudary, S.P. (2017) Platform Revolution: How Networked Markets Are Transforming the Economy—And How to Make Them Work for You. New York: W.W. Norton.
  • Purser, S.A. (2004) 'Improving the ROI of the Security Management Process', Computers & Security, 23(7), pp. 542-546.
  • Kindervag, J. (2010) 'No more chewy centers: Introducing the Zero Trust model of information security', Forrester Research.
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