1st Edition
Diagnostics for Strategic Decision-Making The Rapid Due Diligence Model
This book helps readers develop a comprehensive understanding of diagnostics for strategic decision-making, with a focus on a method called rapid due diligence. This method presents a compelling solution to the need for effective diagnostics, drawing on academic rigor, critical thinking, systems dynamics, and advanced practicum to enable sound strategic decision-making.
Guiding the reader through the six stages of the process from discovery, through analysis, synthesis, and interpretation, Thompsen engages all typical postgraduate disciplines in producing insights for practical application. Drawing on similarities with applied social science research, the rapid due diligence method is supported with scores of techniques, tools, instructions, guidelines, practical advice, and examples. Detailed cases and abbreviated examples of a variety of real strategic situations are provided from organizations operating in North America, Europe, Asia, India, and Australia.
Ideal for graduate students, organizational leaders, and decision makers, this book is designed to invite deeper understanding and practical application of a strategic diagnostic process that discovers insights for achieving positive results.
- Introduction
- Definition of Rapid Due Diligence
- Stage One – Scope of the Inquiry
- Stage Two – Preparatory Investigation
- Stage Three – On-Site Discovery
- Stage Four – Analysis and Observation Development
- Stage Five – Synthesis and Formulation of Recommendations
- Stage Six – Delivery of Process Results
- Impact of Rapid Due Diligence
- Case Studies
- For Further Consideration
Biography
Joyce A. Thompsen is the founder and principal of Thompsen Consulting, USA, where she has worked with a host of high profile clients, including Samsung and MassMutual.
Joyce Thompsen’s Rapid Due Diligence process works! I experienced the benefits of this practical approach first-hand during the implementation of a large scale strategic initiative. Get ready to deliver meaningful progress in a short period of time, building credibility and momentum quickly. The structured yet flexible framework and tools also provide the benefit of constant consideration to cultural needs, norms and brand alignment! This book will stimulate powerful, high-level thinking for students and leaders regardless of their field.
Julianne McAndrew, 2nd Vice President, Training & Development, Travelers, USA