Strategic Management Issues and Cases

by Dobson, Paul W.; Starkey, Ken; Richards, John

• ISBN13: 9781405111812
• ISBN10: 140511181X
• Edition: 2nd
• Format: Paperback
• Copyright: 2004-05-21
• Publisher: Wiley-Blackwell

Summary

This highly popular introduction to strategic management has now been revised to take account of the latest developments in the field. New edition of a highly popular introduction to strategic management. Provides a clear framework for understanding the issues in corporate strategy, supported by current case examples. Revised to take account of the latest development in the field. Now features twelve new cases. Includes new chapters on issues relating to the resource-based view of the firm, innovation, learning, and the 'new economy'. Includes a new concluding chapter looking at present and future issues in strategic management. Continues to combine the latest management concepts with and emphasis on current business applications and implementation.

Author Biography

Paul Dobson is Professor of Retail Strategy and Industrial Organization at Loughborough University Business School.

Ken Starkey is Professor of Srategic Management and Organizational Analysis at the University of Nottingham Business School.

John Richards is Special Professor in charge of the MBA programmes at the University of Nottingham Business School.

Table of Contents

List of figures	ix
List of tables	x
List of exhibits	xi
Preface	xii
1 Introduction: What is Strategic Management?	1	(17)
What is strategy?	1	(1)
Two approaches to strategy	2	(1)
Elements of strategy	2	(2)
Our model of strategy	4	(3)
The growth vector	7	(3)
Mission statements	10	(4)
Identity	14	(1)
Theory of the business	15	(1)
Strategy evaluation	16	(1)
The book in brief	17	(1)
2 Situation Analysis: the Firm and its Environment	18	(33)
What do we mean by 'environment'?	18	(1)
How does one analyse the environment?	19	(1)
Scanning the general environment	20	(2)
The nature of the environment	22	(4)
Structural analysis of the competitive environment	26	(6)
Identifying the firm's competitive position	32	(9)
The internal environment: resources and capabilities	41	(5)
SWOT analysis	46	(3)
Conclusion	49	(2)
3 Business-level Strategy	51	(35)
Strategic choice	51	(1)
Competitive strategies	52	(10)
Gaining competitive advantage	62	(8)
Competitive advantage through resources and capabilities	70	(4)
Market turbulence and hypercompetition	74	(6)
Dealing with the opposition	80	(3)
Conclusion	83	(3)
4 Corporate-level Strategy	86	(35)
Strategic considerations	86	(1)
Directional strategies	87	(10)
Methods of development	97	(3)
Portfolio strategies	100	(4)
Parenting strategies	104	(7)
Selecting appropriate strategies	111	(1)
Corporate objectives	112	(9)
5 Organization and Strategy	121	(30)
Organizational issues and strategy	121	(1)
Peters and Waterman's excellent organizations	122	(3)
Japanese organizations and strategic management	125	(3)
Strategic human resource management	128	(6)
Magic kingdoms?	134	(3)
Critical voices	137	(1)
New perspectives on excellence: Built to Last and Good to Great	138	(2)
Organization design: strategy and structure	140	(4)
Structuring for complexity	144	(2)
Parenting	146	(3)
Competition and co-operation	149	(2)
6 The Management of Strategic Change	151	(25)
Triggers for change	151	(1)
Radical change	152	(1)
The incremental approach to change	153	(1)
Radical and incremental change compared	154	(1)
Strategy subsystems	155	(2)
Managing change	157	(2)
The innovating organization	159	(2)
Organizational development and strategy	161	(2)
Change in service environments	163	(2)
Strategic management and leadership	165	(4)
Leaders and leadership	169	(4)
Leadership means change	173	(3)
7 The Future of Strategy: Competence and Responsibility	176	(18)
Competence	176	(2)
Competence, organization and human resources	178	(2)
Future excellence	180	(4)
The future of strategy	184	(1)
Software wars: Davids v. Goliath	184	(3)
Strategy and responsibility	187	(4)
Epilogue	191	(2)
Final thought	193	(1)
8 Case Studies	194	(35)
What business are we in? Boots: the journey to well-being	194	(3)
The sad fate of the dodo	197	(1)
Home Depot in the midst of transformation	198	(4)
The National Health Service: a case of too many trusts?	202	(4)
Nokia: a great company in a turbulent market	206	(3)
Rexam: a classic transformation	209	(3)
Sainsbury: stuck in the middle again	212	(5)
Sony: Idel's vision	217	(4)
GE: the leadership practices of Jack Welch	221	(4)
Xerox: capabilities discovered but not developed	225	(4)
References	229	(5)
Index	234
0374105332
The Antipodes and the Century	1	(10)
Chronicle of the Second Plague	11	(8)
Ever Wrest: Log of the Journey	19	(10)
Ballistics: Some Notes	29	(10)
Rhodesia Express	39	(10)
Darjeeling	49	(18)
Hagiography of the Apostate	67	(10)
A Bestiary	77	(6)
Amends in Halak-Proot	83	(10)
About Our Flour	93	(10)
The Chinaman with the Heads	103	(22)
Time Regained	125