Essentials of Strategic Management,9780131485235

Essentials of Strategic Management

by ;
Edition: 4th
ISBN13: 9780131485235
ISBN10: 0131485237
Format: Paperback
Pub. Date: 2007-01-01
Publisher(s): Prentice Hall
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List Price: $132.03

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Summary

This brief book offers a short, concise explanation of the most important concepts and techniques in Strategic Management. While based on rigorous research studies, the citations and footnotes are minimal. Essentials of Strategic Managementis suitable for use in corporate and executive training programs. Offers a sound introduction to strategic management, focusing on the basic concepts and their applications to the management field. Topics include environmental scanning and industry analysis, strategy formulation: corporate strategy, strategy implementation: organizing for action, among others. For professionals in fields of strategic planning and competitive strategy.

Table of Contents

Preface ix
PART I: INTRODUCTION TO STRATEGIC MANAGEMENT
1(31)
Basic Concepts of Strategic Management
1(16)
The Study of Strategic Management
2(2)
Initiation of Strategy: Triggering Events
4(1)
Basic Model of Strategic Management
5(6)
Strategic Decision Making
11(6)
Corporate Governance and Social Responsibility
17(15)
Corporate Governance: Role of the Board of Directors
18(6)
Corporate Governance: Role of Top Management
24(2)
Social Responsibilities and Ethics in Strategic Decision Making
26(6)
PART II: SCANNING THE ENVIRONMENT
32(44)
Environmental Scanning and Industry Analysis
32(23)
Environmental Scanning
33(5)
Industry Analysis: Analyzing the Task Environment
38(10)
Competitive Intelligence
48(1)
Forecasting
49(2)
Synthesis of External Factors---EFAS
51(4)
Internal Scanning: Organizational Analysis
55(21)
Resource-Based View of the Firm
55(3)
Business Models
58(1)
Value-Chain Analysis
59(2)
Scanning Internal Resources and Capabilities
61(11)
Synthesis of Internal Factors---IFAS
72(4)
PART III: STRATEGY FORMULATION
76(46)
Strategy Formulation: Situation Analysis and Business Strategy
76(17)
Situational (SWOT) Analysis
76(4)
Review of Mission and Objectives
80(1)
Generating Alternative Strategies Using a TOWS Matrix
81(1)
Business Strategies
82(11)
Strategy Formulation: Corporate Strategy
93(16)
Corporate Strategy
94(1)
Directional Strategy
94(7)
Portfolio Analysis
101(4)
Corporate Parenting
105(4)
Strategy Formulation: Functional Strategy and Strategic Choice
109(13)
Functional Strategy
110(4)
The Sourcing Decision: Location of Functions and Competencies
114(1)
Strategies to Avoid
114(1)
Strategic Choice: Selection of the Best Strategy
115(5)
Development of Policies
120(2)
PART IV: STRATEGY IMPLEMENTATION AND CONTROL
122(43)
Strategy Implementation: Organizing for Action
122(16)
What Is Strategy Implementation?
123(1)
Who Implements Strategy?
123(1)
What Must Be Done?
124(1)
How Is Strategy to Be Implemented? Organizing for Action
125(11)
International Issues in Strategy Implementation
136(2)
Strategy Implementation: Staffing and Leading
138(13)
Staffing
139(4)
Leading
143(8)
Evaluation and Control
151(14)
Evaluation and Control in Strategic Management
152(1)
Measuring Performance
153(7)
Strategic Information Systems
160(1)
Guidelines for Proper Control
161(1)
Strategic Incentive Management
161(4)
PART V: INTRODUCTION TO CASE ANALYSIS
165(9)
Suggestions for Case Analysis
165(9)
The Case Method
165(1)
Frameworks for Case Analysis
165(1)
Researching the Case Situation
166(1)
Financial Analysis: A Place to Begin
166(6)
Using the Strategic Audit in Case Analysis
172(2)
Appendix 11.A Suggested Techniques for Case Analysis and Presentation
174(3)
Case Analysis
174(1)
Written Report
175(1)
Oral Presentation by Teams
175(2)
Appendix 11.B Resources for Case Research
177(2)
Company Information
177(1)
Economic Information
177(1)
Industry Information
177(1)
Directory and Index Information on Companies and Industries
178(1)
Ratio Analysis Information
178(1)
Online Information
178(1)
Appendix 11.C Strategic Audit of a Corporation
179(8)
Current Situation
179(1)
Corporate Governance
179(1)
External Environment: Opportunities and Threats (SWOT)
180(1)
Internal Environment: Strengths and Weaknesses (SWOT)
180(4)
Analysis of Strategic Factors (SWOT)
184(1)
Strategic Alternatives and Recommended Strategy
184(1)
Implementation
184(1)
Evaluation and Control
185(2)
Index 187

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