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Foundations in Strategic Management

ISBN: 9780538878449 | 0538878444
Edition: 1st
Format: Paperback
Publisher: South-Western College Pub
Pub. Date: 7/22/1997

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SummaryTable of Contents
Based on a traditional approach to teaching Strategic Management, this text provides students with a concise yet comprehensive foundation and instructors with room to supplement with material of their choosing. With their text Strategic Management of Organizations and Stakeholders, 2e coming out concurrently with this abbreviated text, Harrison and St. John are proven writers in their field, able to successfully condense the subject matter without compromising on quality or depth. Their comprehensive text is also offered in a Cases version with accompanying case notes, making a perfect companion for the smaller Foundations.
1 THE STRATEGIC MANAGEMENT PROCESS
2(16)
What Is Strategic Management?
4(4)
External and Internal Environmental Analysi... MORE
5(1)
Strategic Direction
6(1)
Business and Corporate Strategy Formulation
6(1)
Strategy Implementation and Control
7(1)
Strategic Restructuring
8(1)
Alternative Perspectives on Strategy Development
8(4)
Determinism versus Enactment
8(2)
Deliberate versus Emergent Strategy Formulation
10(1)
Stakeholder Analysis and Management
10(1)
The Resource-Based View of the Firm
11(1)
Ethics and Social Responsibility
12(2)
The Case for Going Global
14(1)
Key Points Summary
15(3)
2 THE EXTERNAL ENVIRONMENT
18(20)
The Broad Environment
20(5)
Global Sociocultural Forces
20(2)
Global Economic Forces
22(1)
Global Technological Forces
23(1)
Global Political/Legal Forces
24(1)
The Task Environment
25(8)
Competitive Forces
25(4)
Customers
25(2)
Suppliers
27(1)
Existing Competitors
27(1)
Potential Competitors/Entry Barriers
28(1)
Indirect Competitors/Substitutes
28(1)
External Stakeholders and Environmental Uncertainty
29(2)
Partnering with External Stakeholders
31(2)
Key Points Summary
33(2)
Appendix 2: Strategic Groups
35(3)
3 THE INTERNAL ENVIRONMENT AND STRATEGIC DIRECTION
38(20)
The Internal Environment
40(10)
The Chief Executive Officer
40(2)
Boards of Directors and Agency Costs
42(1)
Employees and Culture
43(1)
Internal Resources and Competitive Advantage
44(3)
Uniquely Valuable Resources
44(2)
Financial Resources
46(1)
Assessing Internal Strengths and Weaknesses
47(3)
Value Chain Analysis
47(1)
Functional Analysis
48(2)
Establishment of Strategic Direction
50(4)
Organizational Mission
50(1)
Business Definition
51(1)
Organizational Vision
52(2)
Enterprise Strategy and Ethics
54(1)
Key Points Summary
54(4)
4 BUSINESS STRATEGY
58(18)
Growth Strategies
61(3)
Internal Growth Strategies
61(1)
External Growth Strategies
62(1)
Stability Strategies
63(1)
Timing of Growth Strategies
64(1)
Generic Competitive Strategies
64(7)
Cost Leadership
65(3)
High-Capacity Utilization
65(1)
Economies of Scale
65(1)
Technological Advances
66(1)
Learning/Experience Effects
66(2)
Differentiation
68(1)
Best Cost
68(2)
Focus
70(1)
Changes in Strategy Over Time
71(5)
Key Points Summary
73(3)
5 CORPORATE STRATEGY
76(24)
Development of Corporate Strategy
78(8)
Single Business/Concentration
78(2)
Vertical Integration
80(2)
Diversification
82(4)
Unrelated Diversification
82(1)
Related Diversification
83(3)
Diversification Methods
86(5)
Internal Venturing
86(1)
Acquisitions
87(1)
Strategic Alliances and Joint Ventures
88(3)
Key Points Summary
91(1)
Appendix 5: Portfolio Management
92(8)
Boston Consulting Group Matrix
92(2)
General Electric Business Screen
94(6)
6 STRATEGY IMPLEMENTATION
100(24)
Managing Functional Strategies
102(6)
Marketing Strategy
102(1)
Operations Strategy
103(1)
Research and Development Strategy
104(1)
Information Systems Strategy
104(1)
Human Resources Strategy
105(1)
Financial Strategy
106(1)
Integrating Functional Strategies
107(1)
Structuring to Support Strategy
108(7)
Business-Level Structures
108(7)
Functional Structure
108(3)
Product/Market Structure
111(3)
Project Matrix Structure
114(1)
Network Structure
115(1)
Corporate-Level Structures
115(6)
Multidivisional Structure
116(1)
Strategic Business Unit Structure
117(1)
Corporate Matrix Structure
118(1)
Transnational Structure
119(2)
Key Points Summary
121(3)
7 STRATEGIC CONTROL AND RESTRUCTURING
124(18)
Strategic Control Systems
126(6)
Feedback Controls
128(1)
Concurrent Controls
129(1)
Feedforward Controls
131(1)
Designing a Strategic Control System
132(4)
Determination of Control Factors
132(1)
Using Strategic Control Information
133(3)
Strategic Restructuring
136(3)
Refocusing Corporate Assets
136(1)
Retrenchment
137(1)
Chapter 11 Reorganization
138(1)
Leveraged Buyouts
138(1)
Structural Reorganization
139(1)
Key Points Summary
139(3)
8 STRATEGIC CHALLENGES FOR THE TWENTY-FIRST CENTURY
142(13)
International Expansion
144(8)
Global Strategies
145(3)
Global Product/Market Approach
145(1)
Global Expansion Tactics
146(1)
Enhancing Global Business-Level Strategies
147(1)
Foreign Business Environments
148(4)
Evaluating Foreign Investments
149(1)
Competitive Advantages of Nations
150(2)
The Challenge of the Future
152(1)
Key Points Summary
153(2)
CASE NOTE
155(12)
Preparing a Strategic Analysis
155(1)
Structuring an Environmental Analysis
156(3)
Industry Analysis
156(1)
External Stakeholders and the Broad Environment
157(2)
Factors That Influence Demand
157(1)
Factors That Influence Cost Structures
158(1)
Strategic Issues Facing the Industry
159(1)
Structuring an Organizational Analysis
159(3)
Evaluation of the Internal Environment
160(1)
Identification of Resources and Capabilities
160(1)
Performance Evaluation
161(1)
Identification of Sources of Competitive Advantage
161(1)
Developing a Strategic Plan
162(3)
Strategic Direction and Major Strategies
162(1)
Evaluation of Opportunities and Recommendations
163(1)
Implemention and Control
164(1)
A Note to Students
165(2)
INDEX167

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