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The Strategy Paradox is a business strategy book by author Michael E. Raynor, who is the Distinguished Fellow with Deloitte Research. The Strategy Paradox was published in 2007 by Currency/Doubleday. It was named a top ten book of 2007 by BusinessWeek, [1] and a top five strategy book of 2007 by Strategy+Business. [2]
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The book discusses issues of strategic behaviour, decision making, and game theory. The authors present the main concepts, such as backward induction, auction theory, Nash equilibrium, noncooperative bargaining, to a general audience. Each concept is illustrated by examples from common life, business, sports, politics, etc.—as applying game ...
An executive summary (or management summary, sometimes also called speed read) is a short document or section of a document produced for business purposes. It summarizes a longer report or proposal or a group of related reports in such a way that readers can rapidly become acquainted with a large body of material without having to read it all.
A summary is not meant to reproduce the experience of reading or watching the work. In fact, readers might be here because they didn't understand the original. Just repeating what they have already seen or read is unlikely to help them. Do not attempt to re-create the emotional impact of the work through the plot summary.
The layout of the book includes a "Foreword" by Major General USA Jack Meritt. This is followed by an introductory chapter entitled "Tactical victory, strategic defeat." Then the book is divided into two parts. Part one is entitled "The Environment." Part two is entitled "The Engagement."
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This strategy, or "management framework," is called "Market-Based Management," or "MBM." Koch says that his book is meant for all business readers who desire to move beyond "anecdotes, buzzwords, and laundry lists" to apply MBM methods to generate profit for themselves, their business, and to improve society as a whole.