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Stratification: How Strategic-Decision Processes will Create Sustainable Competitive Advantage Paperback – April 21, 2016

by Stephen Garchow (Author)
4.3 4.3 out of 5 stars 11 ratings
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Strategic decision-making is an important competency for today’s business organizations. Yet, many implement suboptimal strategic decisions because of haphazard strategic management approaches that subject leadership teams to poor strategic issue framing, inadequate key factor identification, laborious data collection, and detrimental groupdynamics. Companies that make sound business strategy decisions establish a foundation for future success. This book is a focused, practical guide introducing the Lean Strategic Decision Model® (LSDM). LSDM is designed to improve business strategy by making strategic decisions more effective and efficient
Previous page
  1. Print length
    182 pages
  2. Language
    English
  3. Publication date
    April 21, 2016
  4. Dimensions
    6 x 0.41 x 9 inches
  5. ISBN-10
    1532875533
  6. ISBN-13
    978-1532875533
  7. See all details
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Product details

  • Publisher ‏ : ‎ CreateSpace Independent Publishing Platform (April 21, 2016)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 182 pages
  • ISBN-10 ‏ : ‎ 1532875533
  • ISBN-13 ‏ : ‎ 978-1532875533
  • Item Weight ‏ : ‎ 11.8 ounces
  • Dimensions ‏ : ‎ 6 x 0.41 x 9 inches
  • Customer Reviews:
    4.3 4.3 out of 5 stars 11 ratings

Customer reviews

4.3 out of 5 stars
4.3 out of 5
11 global ratings

Top reviews from the United States

Amazon Customer
5.0 out of 5 stars A very useful guide for all businesses
Reviewed in the United States on April 25, 2016
Verified Purchase
A practical guide to strategic decision-making. The Lean Model is a very useful tool in many aspects of business, and strategic decision making is a perhaps the most important application. Having been through the small business entrepreneur quick and dirty “gut feeling” to the large corporation analysis paralysis extremes of strategic decision making, this book defines a process that finds the middle ground. This process won’t be viewed by small businesses as “bureaucratic” (time consuming, loss of control, too much information) and will have enough “structure” (process, data, user input, decision points) for the large firm. I appreciate the author’s desire for clarity in defining terminology used in the process to help connect the theory, the business case, and the user.
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Amazon Customer
4.0 out of 5 stars Very worthwhile read for anyone leading strategic decision-making in an organization
Reviewed in the United States on April 11, 2016
Verified Purchase
Stratification: How Strategic Decision Processes Will Create Sustainable Competitive Advantage, is a very worthwhile read. The author opens by highlighting the fact that sustainable competitive advantage stems, in part, from company competencies - and most companies lack a strategic decision-making competency. He then offers an example of this that will resonate with anyone who has worked in just about any industry.

For the small company startup, in particular, he offers the following:

Start-up companies are often faced with difficult strategic choices. The selections they make can be critical, even destiny-changing. And yet sometimes the executives of these firms rely on intuition rather than facts. Or perhaps they are influenced in a particular direction by the ill-informed advice of an influential investor or board member. On the opposite end of the spectrum, some managers devote considerably more effort than the company can afford. Weeks turn into months of collecting and analyzing the facts while the company burn rate churns along, sapping precious resources. Still other start-up executives take little time to collect the facts and, for the sake of expediency, limit the investigation to a few relevant factors. Their “blind quadrant” deceives them into thinking the answer that emerges is optimal. Without a strategic decision process, small company executives can make decisions with business-fatal consequences.

He then goes on to describe the approach he created, the Lean Strategic Decision Model (LSDM). Despite the somewhat unwieldy acronym, the concept he describes is an important one, encompassing a straightforward but rigorous and repeatable approach to sensible decision-making that avoids the pitfalls mentioned above. The general idea is probably familiar to many, but the author’s elaboration of some of the finer points, as well as a more sensible scoring system, makes this quick and easy to read guide very valuable to anyone in a position of leading a team through potentially challenging strategic decisions.

As the author says: “It is correct to say that most strategic decisions will not impact the company’s bottom line within twelve months of the decision, much less the following quarter. Yet, unquestionably, good strategic decision-making can drive company financial performance. To use the language of contemporary strategy thinking, strategic decision-making is the fundamental dynamic capability in excellent firms…. But it is unlikely that the root cause of poor strategic decision-making is executive incompetence; more likely it is inadequate tools."

The author offers some myth busting points, and in particular the thought-provoking:

*Strategic decision-making does not require extreme detail.

*Most organizations use more resources than needed for making strategic decisions, because companies implement an inefficient process.

The description of his approach is straightforward, showing that the LSDM is able to efficiently promote in-depth strategic discussions among team members, creating an environment where free-form thinking about the company’s strategic direction is fostered.

In summary, this easy-to-read guide through a sensible and innovative approach to strategic decision-making is well worth the time spent. The only current weaknesses are that it is not yet optimized for Kindle, so that links to appendices, footnotes, etc., are not active.
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KellyD
4.0 out of 5 stars Great information
Reviewed in the United States on April 13, 2016
Verified Purchase
I am just starting a small business so I'm reading as much as I can to learn as much as I can. This book has been really helpful in guiding me as to what parts of the business I should concentrate on and how to prioritize my decisions.
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Amazon Customer
5.0 out of 5 stars Must-read book
Reviewed in the United States on April 7, 2016
Verified Purchase
This book is a fantastic survey of the class system in American society. It also includes analyses of world stratification systems and various theories surrounding these systems. Previous reviews of this book have had a narrow focus, rather than making judgement on a wholistic basis. A must-read to be sure!
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Amazon Customer
5.0 out of 5 stars Highly recommended
Reviewed in the United States on April 9, 2016
Verified Purchase
A straightforward, pragmatic approach to strategic decision making, peppered with real world examples. Highly recommended for executives facing the same. Well done.
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BEKanak
5.0 out of 5 stars Recommended read.
Reviewed in the United States on June 6, 2016
Verified Purchase
Steve outlines a simple but effective process to help firms work through the key decisions they face. Recommended read.
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dhkinil
4.0 out of 5 stars For the younger manager
Reviewed in the United States on May 10, 2016
Verified Purchase
I found this book to be very helpful for the younger manager. It provides an excellent framework for objective and logical decision making.
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Amazon Customer
5.0 out of 5 stars Valuable information
Reviewed in the United States on April 15, 2016
This is a highly comprehensive and well researched book on strategic decision making. The information is invaluable to small or large companies. The theories that underpin this book are sound and the writer outlines a highly sensible approach to the decision making process. The case studies are really useful to put everything that has been taught into real life examples. The author talks about facing the unknown, pitfuls to avoid, managing bias and numerous other tips. I especially like the humorous cartoon inmages that pop up every now and then. I simply can't fault this book, it is a must read for anyone who is in need of this valuable information.
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Top reviews from other countries

Amazon Customer
5.0 out of 5 stars Really Valuable information
Reviewed in the United Kingdom on April 15, 2016
Verified Purchase
This is a highly comprehensive and well researched book on strategic decision making. The information is invaluable to small or large companies. The theories that underpin this book are sound and the writer outlines a highly sensible approach to the decision making process. The case studies are really useful to put everything that has been taught into real life examples. The author talks about facing the unknown, pitfalls to avoid, managing bias and numerous other tips. I especially like the humorous cartoon images that pop up every now and then. I simply can't fault this book, it is a must read for anyone who is in need of this valuable information.
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