Doctor of Business Administration revision revised July 20 2017 PROFESSOR ROBIN MATTHEWS KINGSTON UNIVERSITY BUSINESS SCHOOL LONDON RANEPA MOSCOW MOSI YOSHKAR-OLA ECONOMIC STRATEGIES PRESIDENT OF THE LEAGUE OF CORPORATE STRATEGY AND ACCOUNTING http/www.robindcmatthews.com http://www.tcib.org.uk/about.html http://kpp-russia.ru 12/30/2018 robindcmatthews.com
Evolution and change distinction TYPES OF SYSTEM CHANGE TTYPES OF ypest Random no pattern Normal distribution Bell shaped or approximately so Fat tailed distributions change on all scales possible; Black Swans Deterministic predictable iff imformation perfect Chaotic Deterministic but CDIC Catastrophic Singularity and great extinctions Self ordered criticality Attraction to tipping points; major (phase) transitions. TYPES OF SYSTEM CHANGE distinction change Evolution 12/30/2018
META MODEL PAYOFFS INNER DYNAMICS DYNAMICS GRAMMAR OUTER DYNAMICSOUTER
The enneagram methodology Actual v expected Reflection Monitoring Control, reporting auditing OUTER DYNAMICS Corporate vision/mission/ strategic intent Principal agent Moral hazard Information Emotional intelligence Incentive compatibility Abilities Attitudes Rewards Motivation Payoffs/Utility Attitudes to risk Tradeoffs/stakeholders Survival/growth Sustainability Corporate responsibility PAYOFFS INNER DYNAMICS Activities/assets capabilities Rational choice Bounded rationality Mind sets/path dependence Decision rules NPV/DCF/ROCE…. Time horizons Search techniques Strategic models and frameworks Meta model The strategic process is embedded in organizational grammar
EP = │ EP │ = price elasticity ELASTICITIES EP = │ EP │ = price elasticity Ey = income elasticity
niches Whole market Market segments Market segment
ADAPTATION; BARRIERS Organizational grammar Tradeoffs: Barriers exploration/exploitation, adaptation/control, stability/flexibility Barriers Expertism: Experience, safe pair of hands, neurons that fire together wire together, mind sets Complexity catastrophe: complex networks, percolation, (SDIC perhaps),TBTF Path dependence: opportunities, leverage, resource/asset base Overcoming barriers Autonomy, hierarchy, diversity tradeoffs again