Purpose – The purpose of this paper is to demonstrate how key strategic decisions are made in practice at successful FTSE 100 companies.
Design/methodology/approach – The paper is based on a semi-structured interview with the Chairman of Whitbread plc, Reed Elsevier plc, Mr Anthony Habgood. Mr Habgood has a track record in successfully achieving corporate strategic transformation.
Findings – The paper sheds light on ingredients of successful strategy formulation and implementation, corporate strategic transformation, key elements of successful mergers and acquisitions and leadership as a vital ingredient in corporate performance.
Research limitations/implications – The paper presents views of a successful and highly regarded Chairman of two FTSE 100 companies. Mr Habgood was also the Chief Executive of a third FTSE 100 company. It provides an insight on how strategy is made and executed.
Originality/value – The paper bridges the gap between theory and practice. It provides a practical view and demonstrates how corporate leaders think about key strategic issues.
Bibliographical notePublisher Copyright:
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- Acquisitions and mergers
- Organizational restructuring
- Strategic leadership