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4. Davenport, T.H. and Prusak, L. (1998), Working Knowledge: How Organizations Manage What They Know, Harvard Business School Press, Boston, MA. 5. Benjamins, R., Fensel, D., & Gómez-Pérez, A.
In the following paragraphs, a deeper understanding of the way leaders function will be assessed, specifically, the tactics and techniques they use to accomplish their goals. Fundamental Leadership Qualities Before business leaders can successfully communicate and direct others, they must have their own set of ideas, values, and other key characteristics. Leaders know what needs to happen in order to win in their area of the marketplace. They are able to adapt and update their ideas when circumstances change, and also help others develop their own ideas. More importantly however, leaders carry and transmit values that provide a foundation for business ideas and, they have the ability to modify these values under changing circumstances (Tichy, 1997).
“Schumpeterian competition and diseconomies of scope; illustrations from the histories of Microsoft and IBM.” Harvard Business School. Pp. 1-69 Cook, Paul. Leading Issues in Competition, Regulation and Development. Cheltenham (UK: E. Elgar, 2004.
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What is strategy? Harvard Business Review. Retrieved from http://hbr.org/ Treacy, M., & Wiersema, F. (1993). Customer intimacy and other value disciplines. Harvard Business Review.
(For general background – particularly the critique of Porter) Freeman, C. and Soete, L. (1997) The Economics of Industrial Innovation (Third Edition), London: Routledge Hamel, G. and Prahalad, C. K. (1994) Competing for the Future, Boston, MA: Harvard Business School Press. Metcalfe, J. and Boden, M. (1992) Evolutionary epistemology and the nature of technology strategy, in Coombs, R., Saviotti, P. and Walsh, V. (eds) Technology Change and Company Strategies: Economic and Social Perspectives, London: Academic Press.
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