Strategic Management: Concepts and Cases

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  • Edition: 10th
  • Format: Hardcover
  • Copyright: 2005-01-01
  • Publisher: Pearson College Div
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The tenth edition ofStrategic Managementis a current, well-written strategic management book with the most up-to-date compilation of cases available. Designed in functional four-color, it offers a popular practitioner-oriented perspective, focuses on skill-building in all major areas of strategy formation, implementation, and evaluation, and weaves three very contemporary themes throughout each chapterglobalization, the natural environment, and e-commerce. 46 Experiential Exercises, and 43 cases are included.The author provides and overview of strategic management, as well as strategy formulation and implementation, strategy evaluation, strategic management case analysis, 46 Experiential Exercises and 43 cases including service company cases and manufacturing company cases.For management professionals, small business owners and others involved in business.

Table of Contents

Prefacep. x
Overview of Strategic Managementp. 2
The Nature of Strategic Managementp. 2
What Is Strategic Management?p. 5
Key Terms in Strategic Managementp. 8
The Strategic-Management Modelp. 13
Benefits of Strategic Managementp. 15
Why Some Firms Do No Strategic Planningp. 17
Pitfalls in Strategic Planningp. 18
Guidelines for Effective Strategic Managementp. 18
Business Ethics and Strategic Managementp. 20
Comparing Business and Military Strategyp. 24
The Nature of Global Competitionp. 25
Cohesion Case: Krispy Kreme Doughnuts, Inc.--2004p. 32
Experiential Exercisesp. 44
Strategy Formulationp. 48
The Business Vision and Missionp. 48
What Do We Want to Become?p. 50
What Is Our Business?p. 53
Importance of Vision and Mission Statementsp. 55
Characteristics of a Mission Statementp. 58
Components of a Mission Statementp. 63
Writing and Evaluating Mission Statementsp. 63
Experiential Exercisesp. 69
The External Assessmentp. 72
The Nature of an External Aduitp. 74
The Industrial Organization (I/O) Viewp. 76
Economic Forcesp. 77
Social, Cultural, Demographic, and Environmental Forcesp. 79
Political, Governmental, and Legal Forcesp. 83
Technological Forcesp. 86
Competitive Forcesp. 87
Competitive Analysis: Porter's Five-Forces Modelp. 92
Sources of External Informationp. 96
Forecasting Tools and Techniquesp. 96
The Global Challengep. 97
Industry Analysis: The External Factor Evaluation (EFE) Matrixp. 101
The Competitive Profile Matrix (CPM)p. 104
Experiential Exercisesp. 109
The Internal Assessmentp. 112
The Nature of an Internal Aduitp. 114
The Resource-Based View (RBV)p. 117
Integrating Strategy and Culturep. 118
Managementp. 123
Marketingp. 128
Finance/Accountingp. 132
Production/Operationsp. 139
Research and Developmentp. 141
Management Information Systemsp. 144
The Value Chainp. 146
The Internal Factor Evaluation (IFE) Matrixp. 147
Experiential Exercisesp. 154
Strategies in Actionp. 156
Long-Term Objectivesp. 158
Types of Strategiesp. 161
Integration Strategiesp. 164
Intensive Strategiesp. 167
Diversification Strategiesp. 169
Defensive Strategiesp. 172
Michael Porter's Generic Strategiesp. 176
Means for Achieving Strategiesp. 178
First Mover Advantagesp. 184
Strategic Management in Nonprofit and Governmental Organizationsp. 185
Strategic Management in Small Firmsp. 187
Experiential Exercisesp. 192
Strategy Analysis and Choicep. 196
The Nature of Strategy Analysis and Choicep. 198
A Comprehensive Strategy-Formulation Frameworkp. 200
The Input Stagep. 201
The Matching Stagep. 202
The Decision Stagep. 220
Cultural Aspects of Strategy Choicep. 224
The Politics of Strategy Choicep. 225
Governance Issuesp. 226
Experiential Exercisesp. 234
Strategy Implementationp. 240
Implementing Strategies: Management and Operations Issuesp. 240
The Nature of Strategy Implementationp. 242
Annual Objectivesp. 244
Policiesp. 246
Resource Allocationp. 248
Managing Conflictp. 249
Matching Structure with Strategyp. 250
Restructuring, Reengineering and E-Engineeringp. 255
Linking Performance and Pay to Strategiesp. 257
Managing Resistance to Changep. 259
Managing the Natural Environmentp. 261
Creating a Strategy-Supportive Culturep. 264
Production/Operations Concerns When Implementing Strategiesp. 268
Human Resource Concerns When Implementing Strategiesp. 269
Experiential Exercisesp. 278
Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS Issuesp. 280
The Nature of Strategy Implementationp. 282
Marketing Issuesp. 282
Finance/Accounting Issuesp. 288
Research and Development (R&D) Issuesp. 299
Management Information Systems (MIS) Issuesp. 301
Experiential Exercisesp. 306
Strategy Evaluationp. 308
Strategy Review, Evaluation, and Controlp. 308
The Nature of Strategy Evaluationp. 310
A Strategy-Evaluation Frameworkp. 314
The Balanced Scorecardp. 320
Published Sources of Strategy-Evaluation Informationp. 320
Characteristics of an Effective Evaluation Systemp. 323
Contingency Planningp. 324
Auditingp. 325
Twenty-First-Century Challenges in Strategic Managementp. 326
Experiential Exercisesp. 332
Strategic Management Case Analysisp. 334
How to Prepare and Present a Case Analysisp. 334
What Is a Strategic Management Case?p. 336
Guidelines for Preparing Case Analysesp. 336
Preparing a Case for Class Discussionp. 337
Preparing a Written Case Analysisp. 338
Making an Oral Presentationp. 340
Sample Case Analysis Outlinep. 345
Name Indexp. 349
Subject Indexp. 352
Company Indexp. 357
Service Company Cases
Telecommunications, Inc.
Verizon Communications, Inc.--2004p. 2
Nextel Communications, Inc.--2004p. 12
Southwest Airlines Co.--2004p. 24
AMR Inc.--2004p. 34
Internet Companies
E*TRADE Financial, Corp.--2004p. 42
eBay Inc.--2004p. 50
Amazon.com, Inc.--2004p. 62
The Kroger Company--2003p. 74
Limited Brands--2004p. 88
Wal-Mart Stores, Inc.--2004p. 102
Target Corporation--2003p. 116
Mandalay Resort Group--2004p. 124
Royal Caribbean Cruises Ltd.--2004p. 134
Small For-Profit Business
The Quarry, Inc., Indoor Climbing Center--2004p. 148
First Reliance Bank--2003p. 160
Bridal Gallery--2003p. 172
Champions Hydro-Lawn, Inc.--2003p. 178
Nonprofit Organizations
The Audubon Nature Institute--2003p. 188
Central United Methodist Church--2004p. 200
The United States Postal Service--2004p. 210
American Red Cross--2004p. 220
The Classic Car Club of America--2004p. 234
Utah Valley State College--2004p. 244
Manufacturing Company Cases
Harley-Davidson, Inc.--2004p. 256
Winnebago Industries--2004p. 264
Avon Products, Inc.--2004p. 274
Revlon, Inc.--2004p. 284
Food and Beverage
Pilgrim's Pride Corporation--2004p. 296
Anheuser-Busch Companies, Inc.--2004p. 306
Boeing--2004p. 314
Lockheed Martin Corporation--2004p. 326
Apple Computer, Inc.--2004p. 338
Gateway, Inc.--2004p. 350
Stryker Corporation--2004p. 360
Biomet, Inc.--2004p. 368
Sporting Goods
Nike--2004p. 380
Reebok International, Ltd. (RBK)--2004p. 396
Calloway Golf Company--2004p. 408
UST Inc.--2004p. 416
R.J. Reynolds Tobacco Company--2004p. 426
Table of Contents provided by Ingram. All Rights Reserved.

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