Book description
In today's world, only the smartest survive. The competitive
landscape is littered with graves of well-known firms whose revenues,
profits and stock prices rose for decades until they suddenly
imploded.
In
fast-changing business environments, firms must adapt their strategies
and innovate to remain at the top. But many successful firms fail to
do so. Instead, they succumb to inertia, hesitate, or stick blindly to
their old strategies, until it is too late.
The ability to adapt to change is a measure of intelligence; so
why do firms demonstrate such low Strategic IQ? What causes inertia
and why is it so deadly? How can leaders help their firms to act more intelligently?
This book identifies the key sources of inertia - strategic,
structural and huma - and provides practical advice on how they can be
overcome to create smarter corporations. It is both a wake-up call
for successful firms and a lifeline for firms struggling to succeed.
To successful firms - beware! You may already be dead!
To struggling firms - have hope! It is possible to pass
powerful competitors by raising your strategic, structural and human IQ.
Praise for Strategic IQ
"Hard-hitting and stimulating, Wells' thesis carries a robust
message that should make business leaders the world over sit up and
think." Archie Norman, Chairman of ITV, UK
"Wells makes a compelling case for dramatic change."
Ron Sargent, CEO of Staples, USA
