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Foundations in Strategic Management With Infotrac,9780324259179
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Foundations in Strategic Management With Infotrac

by
Edition:
3rd
ISBN13:

9780324259179

ISBN10:
0324259174
Format:
Paperback
Pub. Date:
1/7/2004
Publisher(s):
South-Western College Pub

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Summary

Foundations of Strategic Management provides a concise and balanced introduction to the important theories and views of the field. The authors present an up-to-date look at the most critical topics in strategy today and use examples from cutting-edge firms to help learners begin to understand and develop decision-making and analysis techniques that are relevant in all types of organizations.

Table of Contents

1 THE STRATEGIC MANAGEMENT PROCESS 2(16)
What Is Strategic Management?
4(4)
External and Internal Environmental Analysis
4(2)
Strategic Direction
6(1)
Business and Corporate Strategy Formulation
6(1)
Strategy Implementation and Control
7(1)
Strategic Restructuring
8(1)
Alternative Perspectives on Strategy Development
8(5)
Determinism Versus Enactment
8(2)
Deliberate Versus Emergent Strategy Formulation
10(1)
Stakeholder Analysis and Management
11(2)
The Resource-Based View of the Firm l
l1
Ethics and Social Responsibility
13(1)
The Case for Going Global
14(2)
Key Points Summary
16(1)
References
16(2)
2 THE EXTERNAL ENVIRONMENT 18(22)
The Broad Environment
20(5)
Socio-cultural Forces
20(2)
Economic Forces
22(1)
Technological Forces
23(1)
Political/Legal Forces
24(1)
The Task Environment
25(9)
Competitive Forces
26(4)
External Stakeholders and Environmental Uncertainty
30(1)
Partnering with External Stakeholders
31(3)
Strategic Groups
34(1)
Key Points Summary
35(1)
References
35(5)
3 THE INTERNAL ENVIRONMENT AND STRATEGIC DIRECTION 38
The Internal Environment
40(12)
The Chief Executive Officer
40(2)
Boards of Directors and Agency Costs
42(3)
Employees and Culture
45(1)
Internal Resources and Competitive Advantage
45(4)
Assessing Internal Strengths and Weaknesses
49(3)
Establishment of Strategic Direction
52(4)
Organizational Mission
54
Business Definition
53(1)
Organizational Vision
54(1)
Purpose and Ethics
55(1)
Key Points Summary
56(1)
References
56(2)
4 BUSINESS STRATEGY 58(18)
Growth Strategies
61(4)
Internal Growth Strategies
61(2)
External Growth Strategies
63(1)
Stability Strategies
64(1)
Timing of Growth Strategies
65(1)
Generic Competitive Strategies
65(6)
Cost Leadership
66(2)
Differentiation
68(1)
Best Cost
69(1)
Focus
70(1)
Changes in Strategy Over Time
71(3)
Key Points Summary
74(1)
References
74(2)
5 CORPORATE STRATEGY 76(20)
Development of Corporate Strategy
78(11)
Single Business/Concentration
79(1)
Vertical Integration
80(2)
Diversification Strategies
82(2)
Diversification Methods
84(5)
Portfolio Management
89(4)
Boston Consulting Group Matrix
89(3)
The General Electric Business Screen
92(1)
Key Points Summary
93(1)
References
93(3)
6 STRATEGY IMPLEMENTATION 96(24)
Functional Strategies
98(9)
Marketing Strategy
98(1)
Operations Strategy
99(1)
Research and Development Strategy
100(1)
Information Systems Strategy
101(1)
Human Resources Strategy
102(1)
Financial Strategy
102(1)
Integrating Functional Strategies
103(4)
Business-Level Structures
107(4)
Functional Structure
107(1)
Product/Market Structure
108(2)
Project Matrix Structure
110(1)
Network Structure
111(1)
Corporate-Level Structures
111(7)
Multidivisional Structure
113(1)
Strategic Business Unit Structure
114(1)
Corporate Matrix Structure
115(2)
Transnational Structure
117(1)
Key Points Summary
118(1)
References
118(2)
7 STRATEGIC CONTROL AND RESTRUCTURING 120(20)
Strategic Control Systems
122(9)
Feedback Controls
124(4)
Concurrent Controls
128(1)
Feedforward Controls
129(2)
Comprehensive Strategic Control Systems
131(1)
Strategic Restructuring
131(6)
Refocusing Corporate Assets
133(1)
Retrenchment
134(1)
Chapter 11 Reorganization
135(1)
Leveraged Buyouts
135(1)
Structural Reorganization
136(1)
Key Points Summary
137(1)
References
137(3)
8 STRATEGIES IN AN INTERNATIONAL CONTEXT 140(17)
Globalization of Business
142(3)
Competitive Advantages of Nations
145(1)
Global Businesses
146(1)
Global Business Strategies
147(3)
Global Product/Market Approach
147(1)
Global Expansion Tactics
148(1)
Enhancing Global Business Strategies
149(1)
Global Corporate Strategies
150(1)
Executing Global Strategies
151(1)
The Challenge of the Future
152(2)
Key Points Summary
154(1)
References
155(2)
APPENDIX 1 PREPARING A STRATEGIC ANALYSIS 157(11)
Structuring an Environmental Analysis
158(4)
Industry Analysis
158(1)
External Stakeholders and the Broad Environment
159(2)
Strategic Issues Facing the Industry
161(1)
Structuring an Organizational Analysis
162(2)
Evaluation of the Internal Environment
162(1)
Identification of Resources and Capabilities
163(1)
Performance Evaluation
163(1)
Sources of Competitive Advantage
164(1)
Developing a Strategic Plan
164(4)
Strategic Direction and Major Strategies
165(1)
Evaluation of Opportunities and Recommendations
165(2)
Implementation and Control
167(1)
A Note to Students 168


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