This new book explores how firms achieve competitive advantage in a disruptive, digital and globalized business landscape.
An integrative framework, ‘The Four Rs of Competitive Success’, is introduced, which covers the four core pillars of global strategy: resources and capabilities, technology and innovation (recombination), internationalization and international markets (reach), and physical and virtual location (roots). It then explains how competitive advantage is achieved through an interaction of these four drivers against the backdrop of a globalized and digitized world. It is uniquely practical in its approach, combining theoretical understanding with international case studies and real-life examples throughout each chapter, including Apple, IKEA and Microsoft.
Unlocking Strategic Innovation is concise, applied reading for postgraduate students studying international business, corporate strategy, innovation and digital strategy, as well as academics in the field. It will also be important reading for practitioners looking to gain further understanding of how firms compete and flourish in a global and technology-driven environment.
1. Introduction 2. Globalization, Digitization and Disruptive Uncertainty 3. Resources: Assets Capabilities, and Strategic Positioning 4. Recombination: The Process of Innovation 5. Reach: Going Global 6. Roots: Power of the Place 7. Creating Options: Harnessing the Power of Uncertainty 8. Bringing it All Together
'There has never been a better or more timely publication of a new approach to considering strategy and completitive advantage. This book is a breath of fresh air for pragmatic academics, students and certainly practitioners. For once it is written in a practical and accessible way with dashings of reality throughout.'
Dr Kellie Vincent, Interim Associate Dean at University of Bedfordshire Business School, UK
'Unlocking Strategic Innovation is a thought-provoking, piercing, refreshing and insightful analysis of the competitive business environment, which transcends national boundaries. Through a clear conversational approach, it breaks down the, often misunderstood, academic discourse to provide a set of tools for businesses to embrace uncertainty and drive strategic innovation. This book is highly pertinent to its time and it is a must-read for students, practitioners and business leaders who seek to drive their organisations into the future and truly create the sustainable competitive advantage so highly sought after.'
Ricardo Araujo, Finance Director at The Anthology Group
‘The recipe for long-term success is a continuous process of reconfiguring scenarios and creating new ways to bring focus and decisions together. Unlocking Strategic Innovation demonstrates concretely that competitive advantage is connected to the recognition of change, barriers and uncertainty. The time of uncertainty that we are experiencing is actually the opportunity to generate ideas, consider the options, change combinations, implement the new concept and create new ways to flourish again. I strongly recommend reading this book and following the steps to competitive success.’
Mélody Roussy-Parent, Founder and Consultant of RethinkPath Creative Culture Consulting, Munich, Germany