Strategic Management in the 21st Century

The world is changing faster than ever. Disruptive technologies, geopolitical shifts, environmental crises, social unrest and economic uncertainty are creating unprecedented challenges for organizations of all sizes and sectors. How can you survive and thrive in such a volatile and complex environment? How can you craft and execute strategies that are resilient, agile and innovative?This 55, 000-word book is a hands-on, pragmatic and inspiring guide to crafting and executing strategies that stand resilient in the face of adversity.
While rooted in modern management theories, the book draws heavily from the lived experience of tackling the challenges posed by the latest geopolitical, economic, social, technological and environmental developments. It will help you to:- Understand the nature and impact of the global trends and challenges that shape the context of strategic management in the 21st century;- Conduct a thorough and effective strategy situation analysis, using a variety of tools and frameworks;- Develop a robust and flexible strategy step by step, ensuring it is firmly founded on the three pillars of the current era;- Execute your strategy with confidence and competence, using the strategy execution capability framework;- Earn respect and trust from your stakeholders by demonstrating proactive corporate governance, inspiring leadership, an open culture, and genuine social responsibility.
Don't settle for stale, one-size-fits-all solutions. Join the author in deciphering the language of strategy and charting a course for success. The author hopes that you will find this book useful and valuable, inspiring you to think strategically, act strategically, and lead strategically. In this book, Alex Milovanovich shares his insights and lessons from navigating dynamic management landscapes for over 30 years in various sectors and regions.
From construction to media, chemicals to banking, his expertise spans South Africa, where he spent the majority of his career, as well as Kenya, Nigeria, and the Western Balkans. As a seasoned consultant and accomplished leader, Alex Milovanovich has mastered the art of forging success in diverse environments, leaving behind a trail of thriving businesses and impactful strategies. A former Fellow and Goodwill Ambassador of the Chartered Management Institute in the UK, his academic foundation lies in a Master of Science in Mechanical Engineering from the University of Belgrade and an MBA from Buckinghamshire Chilterns University College.
Now, Alex Milovanovich brings his exceptional knowledge and wisdom to this book, offering readers a practical roadmap for navigating the intricate world of strategic management.