A number of professors from American business schools have, over the last few years, taken sessions on finance as part of management development courses run by the training centre of a major UK company. There is one consistent view expressed forcibly by these American visitors. Compared with...

There is no perfect model of strategic management which exists for all companies for all time, and top management should pick, from the shopping list of the last thirty years' thinking, the ideas which suit their time and situation.