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Titlebook: Advanced Strategic Management; A Dynamic Approach t Roberto S. Vassolo,Natalia Weisz,Benjamin Laker Textbook 2024 The Editor(s) (if applica

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The Adaptive Conductor: A Leadership Framework for Industry Transitionsas businesses progress, they accumulate intertemporal mismatches, where the development of routines and talent to meet present needs can limit their ability to address future demands. We introduce a three-step model for strategic learning during industry-wide changes. The first step involves systema
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Shifting Gears: The Developmental ChallengeWe employ the Hidden P&L framework to illustrate the pitfalls companies face upon entering this phase. Unlike other chapters, we draw heavily on a case to inspire the learning process, prioritizing it over statistical information. This pedagogical shift is crucial for illuminating the internal tensi
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The Phoenix Effect: The Creative Challengewing the same pedagogical approach as the previous chapter, we use a case to describe the strategic leadership interventions required to transition the business model from a mature industry into a new lifecycle. We discuss the dichotomy between causal and effectual business logic—traditional strateg
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Conquering New Markets: Corporate Growth Strategiesnguishing between industry momentum and market share growth. We advocate investment in businesses operating in industries with high growth potential and selectively investing those in mature industries with a strong competitive position. We also cover growth alternatives, including reinforcing exist
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