Professional Documents
Culture Documents
will encounter concepts such as real options, tacit knowledge, hyper competition,
complementarity, and complexity that will help you address more effectively the
challenges that firms are facing in todays turbulent business environment. We must
also recognize the nature of strategy analysis.
The purpose of strategy analysis is not to provide answers but to help us understand
the issues. Most of the analytic techniques introduced in this book are frameworks that
allow us to identify, classify and understand the principal factors relevant to strategic
decisions. Such frameworks are invaluable in allowing us to come to terms with the
complexities of strategy decisions. In some instances, the most useful contribution may
be in assisting us to make a start on the problem. By guiding us to the questions we
need to answer and by providing a framework for organizing the information gathered,
Page 1 of 3
Page 2 of 3