''The Strategy Paradox'' is a
business strategy book by author
Michael E. Raynor
Michael E. Raynor (born June 28, 1967) is a Canadian writer, director at Deloitte Services LP, and an expert on business management practices.
Biography
Raynor was born in Brantford, Ontario, attended Appleby College in Oakville, Ontario, and ...
, who is the Distinguished Fellow with
Deloitte
Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international professional services network headquartered in London, England. Deloitte is the largest professional services network by revenue and number of profession ...
Research. ''The Strategy Paradox'' was published in 2007 by
Currency/Doubleday. It was named a top ten book of 2007 by ''
BusinessWeek'', and a top five strategy book of 2007 by ''Strategy+Business''.
Synopsis
''The Strategy Paradox'', the title and focus of the book sets up a ubiquitous but little-understood tradeoff. The tradeoff is that most strategies are built on specific beliefs about an unpredictable future, but current strategic approaches force leaders to commit to an inflexible strategy regardless of how the future might unfold. It is this commitment to uncertainty that is the cause of "the strategy paradox."
Reviews
*''National Post'' With the right strategy, you can take big risks and win. By John Worsley Simpson, Financial Pos
*''BusinessWeek'' Sidstepping Disaster. By Dean Fous
*''The Financial Times'' Take a strategic risk but hedge your bets. By Fergal Byrn
*''Boston Globe'' For CEOs, admitting uncertainty can be the key to success. By Robert Weisma
*''Harvard Business Review'' By Anand P. Rama
References
Further reading
*Raynor, M. E. 2005. ''Strategic Flexibility: Corporate-level Real Options as a Response to Uncertainty in the Pursuit of Strategic Integration.'' In Bower, Joseph L., and Clark Gilbert, eds., ''From Resource Allocation to Strategy'', UK, Oxford University Press. Chapter 14.
*Raynor, Michael E. 2002. ''Strategic Flexibility: Charting a Path Through Uncertainty.'' Convergence Magazine (
South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...
n edition), Vol. 2(4).
*Raynor, Michael E. 2002. ''Make Peace with Business Uncertainty.'' Optimize. August.
External links
Website of author Michael E. RaynorThe Strategy Paradox on AmazonInterview with Ivey Business Journal
{{DEFAULTSORT:Strategy Paradox
2007 non-fiction books
Business books
Doubleday (publisher) books