New book-opening

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Just updated the revised opening for chapter 1 of Strategic Management Dynamics, which you can download from This includes an important correction to the explanation of free cash-flow on p.27 that was unfortunately introduced when the document was laid out – apologies.

Reminder – This document reviews through some well-known cases the current philosophy and some basic tools of business strategy to make the case for a continuous, holistic approach to strategic management, i.e. strategy dynamics.

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