Crafting and Executing Strategy : The Quest for Competitive Advantage, Text and Readings

by Thompson, Arthur A., Jr.

• ISBN13: 9780073269801
• ISBN10: 0073269808
• Edition: 15th
• Format: Paperback
• Copyright: 2006-06-14
• Publisher: McGraw-Hill/Irwin

Summary

Thompson, Strickland and Gamble's, CRAFTING AND EXECUTING STRATEGY, 15e presents the latest research findings from the literature and cutting-edge strategic practices of companies have been incorporated to keep step with both theory and practice. Scores of new examples have been added to complement the new and updated Illustration Capsules. More chapter-end exercises have been included. The result is a text treatment with more punch, greater clarity, and improved classroom effectiveness. But none of the changes have altered the fundamental character that has driven the text's success over the years. The chapter content continues to be solidly mainstream and balanced, mirroring both the best academic thinking and the pragmatism of real-world strategic management. This paperback version of the text does not contain any cases, but it does include 21 readings from noted business writers that support the concepts in the main text portion. Instructors who would like to create their own case packets to go with this book should go to www.mhhe.com/primis to make their selections.

Table of Contents

Concepts and Techniques for Crafting and Executing Strategy

Introduction and Overview

What Is Strategy and Why Is It Important?

The Managerial Process of Crafting and Executing Strategy

Core Concepts and Analytical Tools

Evaluating a Company's External Environment

Analyzing a Company's Resources and Competitive Position

Crafting a Strategy

The Five Generic Competitive Strategies: Which One to Employ?

Supplementing the Chosen Competitive Strategy: Other Important Strategy Choices

Competing in Foreign Markets

Tailoring Strategy to Fit Specific Industry and Company Situations

Diversification: Strategies for Managing a Group of Businesses

Strategy, Ethics, and Social Responsibility

Executing the Strategy

Building an Organization Capable of Good Strategy Execution

Managing Internal Operations: Actions That Facilitate Strategy

Corporate Culture and Leadership: Keys to Good Strategy Execution

Readings

What is Strategy and How is the Process of Crafting and Executing Strategy Managed?

What Is Strategy and How Do You Know If You Have One?

Walking the Talk (Really!): Why Visions Fail

The Power of Business Models

The Balanced Scorecard: To Adopt or Not to Adopt?

Stretching Strategic Thinking

Crafting Strategy in Single Business Companies

A New Tool for Strategy Analysis: The Opportunity Model

Playing Hardball: Why Strategy Still Matters

Value Innovation: A Leap into the Blue Ocean

Confronting the Low-End Competition

Strategies for Asia's New Competitive Game

Racing to Be 2nd: Conquering the Industries of the Future

Outsourcing Strategies: Opportunities and Risks

Crafting Strategy in Diversified Companies

Insights from the New Conglomerates

Executing Strategy

Turning Great Strategy into Great Performance

Beyond Best Practice

The Integration of Lean Management and Six Sigma

Linking Goals to Monetary Incentives

A Leader's Guide to Creating an Innovation Culture

The Seven Habits of Spectacularly Unsuccessful Executives

Strategy, Ethics, and Social Responsibility

Competing Responsibly

The Ethics Commitment Process: Sustainability through Value-Based Ethics

Indexes

Organization Name

Case Subject

Table of Contents provided by Publisher. All Rights Reserved.