Strategic Management & Organisational Dynamics 3ed
R. Stacey

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Ralph Stacey continues to question the view that organisations operate and succeed in relatively stable environments. He argues that in order to succeed in uncertainty and continual change, organisations need to create new perspectives and learn from the chaos within which they operate.This new edition of Strategic Management and Organisational Dynamics continues to focus on this radically different approach to strategic management. The central tenets of this approach have to do with unpredictability and the limitations of control, and therefore it argues against the rational models of planning and control covered in other strategy textbooks. This is done by emphasising the importance of narrative, conversation and learning from one's own experience as the central means by which we can gain understanding and knowledge of strategy in organisations.New management narratives - these are accounts of the actual experiences of managers and consultants in their work that illustrate the radical perspective taken in this book. More space devoted to a radical challenge to the dominant management discourse. More on social constructionism, the conversational life of the organisation and psychodynamics. Radically different approach to strategy only touched upon in other texts. Students encouraged to reflect upon their own experience. Emphasis on the importance of narrative as a means of learning - demonstrated by the inclusion of management narratives.