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20/20 foresight : crafting strategy in an uncertain world

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"In the midst of a changing economy, most executives continue to use a strategy toolkit designed for yesterday's more stable marketplace. As a result, strategies emerge that neither manage the risks nor take advantage of the opportunities that arise in highly uncertain times." "Now, McKinsey & Company consultant Hugh Courtney argues that managers must move beyond the outdated "all-or-nothing" view of strategy in which future events are either certain or uncertain. Instead, he suggests a simple - yet powerful - alternative: Understand the level of uncertainty you are facing in a given situation, and you will make better, more informed strategic choices.".

"Based on an international review of the key strategy problems faced by over one hundred leading companies, Courtney reveals how executives can develop 20/20 foresight - a view of the future that separates what can be known from what can't. While executives with 20/20 foresight can rarely develop perfect forecasts of the future, says Courtney, they can isolate the "residual uncertainty" they face and use this insight to create competitive advantage in today's turbulent markets."--BOOK JACKET.

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Availability

Detail Information

Series Title

Twenty/twenty foresight

Call Number

[POL-SSS-22]

Publisher

Boston, Mass : Harvard Business School Press., 2001

Collation

xi, 209 p. : ill. ; 24 cm.

Language

English

ISBN/ISSN

1578512662

Classification

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Content Type

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Media Type

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Carrier Type

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Edition

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Subject(s)

Strategic planning

Specific Detail Info

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Statement of Responsibility

Hugh Courtney

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