000 03134nam a2200397Ii 4500
001 9781787437975
003 UtOrBLW
005 20210303084936.0
006 m o d
007 cr un|||||||||
008 180222t20182018enk ob 001 0 eng d
020 _a9781787437975
_q(e-book)
040 _aUtOrBLW
_beng
_erda
_cUtOrBLW
050 4 _aHF5415
_b.N46 2018
072 7 _aKJC
_2bicssc
072 7 _aBUS043000
_2bisacsh
080 _a658.8
082 0 4 _a658.8
_223
100 1 _aNenonen, Suvi,
_eauthor.
245 1 0 _aSmash :
_busing market shaping to design new strategies for innovation, value creation, and growth /
_cSuvi Nenonen and Kaj Storbacka.
264 1 _bEmerald Publishing Limited,
300 _a1 online resource (xviii, 312 pages).
504 _aIncludes bibliographical references and index.
520 _aStunningly, strategy has never adequately defined one of its central institutions, the market. Old playbooks got away with a hodgepodge of assertions, assumptions and approximations. But the undeniable complexity of modern markets confronts us with the truth. Markets are elaborate, evolving ecosystems - think biology, not machinery. Today, strategy must embrace complexity or die. Recognizing markets as complex adaptive systems spells strategic implications. Notably, as markets are partly socially constructed, they can be reconstructed. And while they cannot be predicted or controlled, they can be influenced. Rooted in the richness of market systems, SMASH traces the three main resulting shifts in strategic thinking: (1) from firm focus to context focus, where the relevant context is our definition of the market; (2) from competing and winning to value creation and cooperation; and (3) from analysis, prediction and planning to non-predictive strategizing and experimentation. Nenonen and Storbacka weave these three strands together into a cohesive strategic framework: Strategies for Market Shaping. Market shaping strategies acknowledge that much of firm performance is explained by the markets where a firm operates. Crucially, strategic choices go beyond market selection, entry and exit; firms should actively seek to adapt the market to the firm instead of the firm to the market, and open up untapped value in the process. Market shaping is not new. What is new is systematizing an actionable framework for understanding and shaping markets. And the good news: It does not take market power and resources, or intuitive genius, to shape markets to your own benefit. SMASH offers tangible strategies that savvy market shapers of any size can implement, making it a must-read.
588 0 _aPrint version record
650 0 _aMarketing.
650 7 _aBusiness & Economics
_xMarketing
_xGeneral.
_2bisacsh
650 7 _aBusiness strategy.
_2bicssc
700 1 _aStorbacka, Kaj,
_eauthor.
776 _z9781787437982
856 4 0 _uhttps://www.emerald.com/insight/publication/doi/10.1108/9781787437975
999 _c30166
_d30166