University of Minnesota - UMN Executive Leadership Insights
From Strategy to Execution
Book

From Strategy to Execution

Turning Accelerated Global Change into Opportunity

Daniel Pantaleo and Nirmal Pal
Springer, 2008
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Editorial Rating

6

Qualities

  • Applicable

Recommendation

Editors Daniel Pantaleo and Nirmal Pal offer a comprehensive examination of strategy and execution in a rapidly changing world. The contributors to their book identify the primary factors driving change, the most important kinds of innovation for today’s businesses, the essential elements of innovation strategy and the issues likely to emerge as challenges or obstacles. The book is well-organized and systematic, though at times densely written and difficult to follow. Its discussion of knowledge workers is particularly useful, because it exposes and debunks common myths about these increasingly important professionals. getAbstract recommends this book to knowledge workers and their managers, and to executives and others who must manage change.

Summary

Quick Change Artistry

The world is quickly changing, and managers must respond to seven new phenomena:

  1. Globalization – Globalization is dispersing the centers of economic power. Brazil, Russia, India and China, often called the BRIC countries, are rapidly becoming as important as the U.S., Japan and Europe – and eastern European, South American and Asian countries will soon follow. Already, the creation of economic value by a single company depends on interconnections that span several continents.
  2. Innovation – Two critical management concerns are emerging: innovation in products and services, and innovation in business models themselves. Companies must learn to understand their value chains, identify their markets and manage their relationships with suppliers and distributors in new ways.
  3. Strategic analysis – Using analytics is a powerful way to drive business strategy. Sophisticated analytical technologies are indispensable to dealing with the deluge of information confronting corporate managers.
  4. Corporate social responsibility (CSR)

About the Authors

Dan Pantaleo is a vice president in the global communication organization SAP. Nirmal Pal directed the eBusiness Research Center at Pennsylvania State University and previously worked 39 years at IBM. He and Pantaleo co-authored The Agile Enterprise.

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