Strategic Management Under Uncertainty: Managing Organizations in Unstable Environments

In today's fast-changing world, traditional strategic planningoften fails when environments become unpredictable. This bookaddresses one of the most pressing challenges facing modernorganizations: how to think, decide, and act strategicallywhen the future refuses to cooperate.Spanning five chapters, the book begins by examining howbusiness environments have transformed and why uncertaintyhas become a defining condition for managers today. It thenexplores analytical frameworks for decision-making underuncertainty, followed by a critical review of both classicalstrategies (Porter, Ansoff, Chandler) and emerging approachessuch as adaptive, flexible, and robust strategy.A comparative analysis of major strategy models-includingScenario Planning, Real Options Theory, the McKinsey ThreeHorizons, the Cynefin Framework, and Agile Strategy-revealstheir strengths and limitations in unstable environments.The book concludes by introducing the Firoozi Model, anoriginal adaptive framework designed specifically forstrategic decision-making under uncertainty. This cyclic, seven-stage model integrates analysis, execution, monitoring, and learning into one continuous system, offering managers apractical path through volatile and unpredictable conditions.Written for graduate students, academics, researchers, andbusiness professionals, this book bridges strategic managementtheory with real-world application in unstable environments.

Pagina's: 164, Paperback, Academic publishing (kharazmi University)