The tenth edition of Strategic Management: Awareness and Change provides students with a sound intellectual framework of the various models and theories of strategic management. Learners explore strategic concepts and strategy implementation to find out how organizations deal with continual transformation―from the rapid growth of the internet, disruptive business models such as the gig economy and online subscriptions and COVID-19―which highlight the need for strategic agility and resilience in all sectors. This title is available with MindTap, a flexible online learning solution that provides students with all the tools they need to succeed including an interactive eReader, engaging multimedia, practice questions, assessment materials, revision aids, and analytics to help you track their progress.
Author(s): John Thompson, Frank Martin, Jonathan Scott
Edition: 10
Publisher: Cengage Learning
Year: 2022
Language: English
Pages: 752
City: Boston
Cover
Brief Contents
Contents
List of Cases
Preface
About the Digital Resources
Part 1: Understanding Strategy
Chapter 1: What Is Strategy and Who Is Involved?
1.1 Strategy Explained
1.2 E-V-R Congruence
1.3 Strategy Creation
1.4 Theoretical Underpinnings: The Emergence of Strategic Management
1.5 Strategy as Practice and in Reality
Summary
Online Cases for This Chapter
References
Web Supplement Related to This Chapter
Chapter 2: The Business Model and the Revenue Model
Introduction
2.1 The Business Model
2.2 The Revenue Model and Business Value
2.3 More Examples of Business Models
Summary
Strategy Activity
References
Chapter 3: Strategic Purpose
Introduction
3.1 Vision, Mission and Objectives
3.2 Objectives: The Influence of Economic Theories and Stakeholder Theory
3.3 Profit as an Objective: For-Profit versus Not-for-Profit
3.4 The Impact of Personal Objectives
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Part 2: Analysis and Positioning
Chapter 4: The Business Environment and Strategy
Introduction
4.1 Analyzing the Business Environment
4.2 Competition and the Structure and Regulation of Industry
4.3 Key Success Factors, Strategic Positioning, Adding Value and SWOT
4.4 Forecasting the Environment
Summary
Online Cases for This Chapter
Web Supplement Related to This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Chapter 5: Resource-led Strategy
Introduction
5.1 Strategic Resources, Core Competency, Capabilities and Adding Value
5.2 People as a Strategic Resource
5.3 Information and Information Technology
5.4 The Value Chain
5.5 Reputation and Branding
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Chapter 6: The Dynamics of Competition
Introduction
6.1 Competition and Competitive Advantage
6.2 Competitive Strategy
6.3 Competitor Benchmarking
6.4 Concluding Comments
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Part 3: Strategy Development
Chapter 7: Introducing Culture and Values
Introduction
7.1 The Manifestations and Impact of Culture
7.2 Culture, Structure and Styles of Management
7.3 Culture and Power
7.4 Comparing National Cultures
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Chapter 8: Strategy Formulation: Strategic Alternatives and Decision-Making
Introduction
8.1 Strategy Creation
8.2 Strategic Alternatives
8.3 Introducing Strategy Evaluation
8.4 Decision-Making, Subjectivity and Judgement
Summary
Online Cases for This Chapter
Web Supplement Related to This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activities
References
Chapter 9: The Role of Planning in Strategy
Introduction
9.1 Strategic Thinking and Strategic Planning
9.2 The Planning Gap
9.3 A Contemporary Approach to Strategic Planning
9.4 Strategic Planning Techniques
Summary
Online Cases for This Chapter
Web Supplement Related to This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Chapter 10: Strategic Leadership, Entrepreneurship and Intrapreneurship
Introduction
10.1 Strategic Leaders(hip) and Entrepreneurs(hip): Same or Different?
10.2 Intrapreneurship
10.3 Visionary Leadership
10.4 Critical Issues in Strategic Leadership
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Part 4: Strategic Growth Issues
Chapter 11: Strategic Control and Measuring Success
Introduction
11.1 Defining and Measuring Success
11.2 What Should We Measure? A Holistic Model
11.3 The Measurement of Success in Not-for-Profit Organizations
11.4 A Holistic Framework of Measures: Revisited
Summary
Online Cases for This Chapter
Web Supplement Related to This Chapter
Questions and Research Assignments
Internet and Library Projects
References
Chapter 12: Issues in Strategic Growth: Domestic and International
Introduction
12.1 Domestic and/or International Strategy?
12.2 Diversification
12.3 Mergers and Acquisitions
12.4 Strategic Alliances and Joint Ventures
12.5 Franchising and Licensing
12.6 Exporting and Other International Market Entry Strategies
12.7 Internationalization Constraints and Influences on Future Global Growth
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Chapter 13: Failure, Consolidation and Recovery Strategies
13.1 Strategic Break Points
13.2 Outcomes of Strategic Change for Companies in Difficulty
13.3 Symptoms and Causes of Decline
13.4 The Feasibility of Recovery
13.5 Managing in a Recession and a Declining Industry
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Part 5: Strategy Implementation
Chapter 14: Strategy Implementation and Structure
Introduction
14.1 Strategy - Structure or Structure - Strategy?
14.2 Implementation and Change
14.3 Structural Alternatives
14.4 Structural Forms
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Chapter 15: Leading Change
Introduction
15.1 Strategic Change: Dynamics, Management, Growth, Forces, Types and Modes
15.2 The Change Process and Resistance to Change
15.3 Strategies for Implementation and Change
15.4 Power and Politics
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Chapter 16: Corporate Level Strategic Management
Introduction
16.1 Managing Corporate Strategy and Implementation
16.2 Corporate Parenting and the Heartland
16.3 Resource Management
16.4 The Challenge of Strategic Growth
Summary
Online Cases for This Chapter
Questions and Research Assignments
Internet and Library Projects
Strategy Activity
References
Chapter 17: The Strategically Resilient Organization
Introduction
17.1 The Purpose of Strategy
17.2 Ten Key Elements of Strategy
17.3 Resilience, Risk and Crises
17.4 Strategic Paradoxes
Summary
In Conclusion: What Is Strategy?
Online Cases for This Chapter
Question and Research Assignment
Internet and Library Projects
Strategy Activity
References
Glossary
Credits
Index
