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Titlebook: Strategic Optionality; Pathways Through Dis Surja Datta,Tobias Kutzewski Book 2023 The Editor(s) (if applicable) and The Author(s), under e

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Strategic Optionality: Introducing the Idea,usually have a common-sense understanding of the term. Who amongst us hasn’t used the phrase ‘let’s keep our options open’ at least once in their life? Optionality is about options that are available to you. Strategic optionality involves using options in a strategic way, to understand their payoffs
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Optionality and Innovation: Two Sides of the Same Coin?,g up with bright new ideas. In this chapter, we hope to convince you that there’s an underlying unity between optionality and innovation. More specifically, we suggest here that innovation and optionality are both predicated on experimentation. To do this, however, we must first shed some of our pre
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Competitive Success: Competing Across FRL Domains,rough which firms can evaluate their existing options and identify others that they can acquire. Developing the ability to make strategic decisions under conditions of uncertainty is the focus of the chapter.
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Book 2023on. Built on historic military tactics, static engineering principles, and equilibrium-seeking economics, conventional strategic-thinking suffers some weaknesses, principal of which is its inability to deal with conditions of high uncertainty. This book begins by dividing the business landscape into
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Introduction,t of the business environment is still relatively stable, where changes occur at a sedate pace. Strategies that work well within domains of high uncertainty will not be effective within the stable ones. There is a saying that you need horses for courses and this holds true when it comes to strategic decision-making as well.
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