Essentials of Strategic Management Concise

by HILL

• ISBN13: 9780618605361
• ISBN10: 0618605363
• Edition: 1st
• Format: Package
• Copyright: 2008-01-01
• Publisher: THOMPSON LEARNING

Summary

Essentials of Strategic Management is a brief version of the authors' market-leading text, Strategic Management: An Integrated Approach, 7/e. The Essentials text follows the same framework as the larger book, helping students to identify and focus on core concepts in the field in a more concise, streamlined format. Based on real-world practices and current thinking, the text's presentation of strategic management features an increased emphasis on the "business model" concept as a way of framing the issues of competitive advantage. Cutting-edge research, new strategic management theory, and a hands-on approach allow students to explore major topics in management, including corporate performance, governance, strategic leadership, technology, and business ethics. In addition, a high quality/variety case program examines small, medium, and large companies, both domestic and international.

Table of Contents

Note: Each chapter begins with an Overview and concludes with a Summary of Chapter, Discussion Questions, Practicing Strategic Management, and Test Prepper

Introduction to Strategic Management

The Strategy-Making Process

Competitive Advantage and Superior Performance

Running Case: Dell''s Superior Performance Strategic Managers

The Strategy-Making Process

Strategy as an Emergent Process

Strategy in Action: A Strategic Shift at Microsoft Strategic

Planning in Practice Strategic

Decision Making Strategic Leadership

Closing Case: Shattered Dreams: Level 3 Communications

Stakeholders, the Mission, Governance, and Business Ethics Stakeholders

The Mission Statement Corporate

Governance and Strategy

Strategy in Action: The Agency Problem at Tyco

Ethics and Strategy

Running Case: Dell''s Code of Ethics

Closing Case: The Collapse of Enron

The Nature of Competitive Advantage

External Analysis: The Identification of Opportunities and Threats

Analyzing Industry Structure

Strategy in Action: Circumventing Barriers to Entry into the Soft Drink Industry

Strategic Groups Within Industries

Running Case: Dell: Changing Rivalry in the PC Industry

Industry Life Cycle Analysis

The Macroenvironment

Closing Case: Plane Wreck: The Airline Industry in 2001-2005

Building Competitive

Advantage Competitive

Advantage: Value Creation, Low Cost, and Differentiation

Strategy in Action: Competitive Advantage in the U.S. Retail Industry

The Generic Building Blocks of Competitive Advantage

The Value Chain Functional Strategies and the Generic Building

Blocks of Competitive Advantage

Running Case: Dell''s Utilization of the Internet Distinctive

Competencies and Competitive Advantage

Closing Case: Google

Building and Sustaining Long-Run Competitive Advantage

Business-Level Strategy and Competitive Positioning

The Nature of Competitive Positioning

Choosing a Business-Level Strategy

Running Case: Dell''s Business-Level Strategies

Competitive Positioning in Different Industry Environments

Strategy in Action: How to Make Money in the Vacuum Tube Business

Closing Case: Liz Claiborne, Inc.

Strategy in the Global Environment

The Global Environment

Increasing Profitability Through Global Expansion

Cost Pressures and Pressures for Local Responsiveness

Strategy in Action: MTV Goes Global, with a Local Accent

Choosing a Global Strategy

Running Case: Dell''s Global Strategy Choice of Entry Mode

Closing Case: Planet Starbucks

Corporate-Level Strategy and Long-Run Profitability

Concentration on a Single Industry

Running Case: Beating Dell: Why HP Wanted to Acquire Compaq

Vertical Integration Entering New Industries Through Diversification

Strategy in Action: Diversification at 3M: Leveraging Technology

Restructuring and Downsizing

Closing Case: Thermo Electron

Strategy Implementation

Strategic Change: Implementing Strategies to Build and Develop a Company

Strategic Change Analyzing a Company as a Portfolio of Core Competencies

Implementing Strategy Through Internal New Ventures

Implementing Strategy Through Acquisitions

Strategy in Action: AOL and Time Warner

Implementing Strategy Through Strategic Alliances

Running Case: Dell and Lexmark''s Strategic Alliance

Closing Case: eBay Acquires Skype

Implementing Strategy Through Organizational Design

The Role of Organizational Structure

Vertical Differentiation

Horizontal Differentiation

Strategy in Action: How to Flatten and Decentralize Structure

Integration and Organizational Control

The Nature of Organizational Control

Closing Case: Chrysler''s Cross-Functional Product Teams

Cases in Strategic Management

The Music Industry in the Age of the Internet: From Napster to Apple''s iPod

Staples

Toyota: Origins, Evolution, and Current Prospects

Satellite Radio: XM Versus Sirius

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