Strategic Management: A Competitive Advantage Approach, Concepts, Global Edition (16e) : 9781292164977

Strategic Management: A Competitive Advantage Approach, Concepts, Global Edition (16e)

David & David
 
Edition
 
16
ISBN
 
9781292164977
ISBN 10
 
1292164972
Published
 
01/09/2016
Published by
 
Pearson Higher Ed USA
Pages
 
424
Format
 
Available on demand
 
Title type
Book
$125.99
 
 
Title type
 
$60.00
 
 
Description

For courses in strategy.

 

A Practical, Skills-oriented Approach to Strategic Management

In today’s economy, gaining and sustaining a competitive advantage is harder than ever. Strategic Management captures the complexity of the current business environment and delivers the latest skills and concepts with unrivaled clarity, helping students develop their own cutting-edge strategy through skill-developing exercises. The 16th Edition has been thoroughly updated and revised with current research and concepts, and added exercises and review questions.

 

Table of contents
  • 1. Strategic Management Essentials 
  • THE COHESION CASE: Nestlé S.A, 2016
  • 2. Outside-USA Strategic Planning
  • 3. Ethics, Social Responsibility, and Sustainability
  • 4. Types of Strategies
  • 5. Vision and Mission Analysis
  • 6. The Internal Audit
  • 7. The External Audit
  • 8. Strategy Generation and Selection
  • 9. Strategy Implementation
  • 10. Strategy Execution
  • 11. Strategy Monitoring
New to this edition

Guide Student’s Learning

The 16th edition, Global Edition, is 40 percent new and improved from the prior edition.

·    A brand new Cohesion Case on Nestlé (2016) is provided. Nestlé is one of the most successful, well-known, and best-managed global companies in the world. Students apply strategy concepts to Nestlé at the end of each chapter through brand new Assurance of Learning Exercises.

·    Chapter 2 on “Outside-USA Strategic Planning” is shortened by 30 percent but provides new coverage of cultural and conceptual strategic-management differences across countries, as doing business globally has become a necessity in most industries.

·    Chapter 3 on “Ethics, Social Responsibility, and Sustainability” provides extensive new coverage of ethics, workplace romance, flirting, hiring away rival firms’ employees, wildlife welfare, and sustainability. This text emphasizes that “good ethics is good business.” Unique to strategic-management texts, the sustainability discussion is strengthened in this edition to promote and encourage firms to conduct operations in an environmentally sound manner. Respect for the natural environment has become an important concern for consumers, companies, society, and AACSB-International.

·    Chapter 5 on “Vision and Mission Analysis” is 60 percent new, featuring more customer-oriented statements.  

·    End-Of-Chapter features include unique Assurance of Learning Exercises to help students apply chapter concepts and prepare them for strategic-management case analysis.

·    11 new one-page Mini-Cases that focus on Ryanair, Airbus Group SE, Etihad Airways, Tiger Brands, Citizen Holdings Company, Bank of China, Woolworths Limited, Hyundai Motor Company, Tata Motors Limited, Horizon Pharma, and Broadcom Limited appear at the end of each chapter, along with questions designed to apply chapter concepts.

·    Two, original, half-page Academic Research Capsules in each chapter showcase how new strategic-management research is impacting business practice.

·    Implications for Strategists and Implications for Students sections highlight how companies can best gain and sustain competitive advantages.

·    Exemplary Company Cases in each chapter showcase a global company (from Singapore Airlines, Honda Motor Company, and Bank Audi Group, to Petronas, Samsung Electronics, Volkswagen, and Michelin) that is employing strategic management exceptionally well.

·    More than 200 new examples bring each chapter to life.

·    Narrative on strategic management theory and concepts is presented in every chapter.

·    New Issues for Review and Discussion are provided at the end of each chapter.

·    All current readings at the end of all chapters are new, as new research and theories of seminal thinkers are included. However, practical aspects of strategic management are center stage and the trademark of this text.

·    Every sentence and paragraph has been scrutinized, modified, clarified, streamlined, updated, and improved to enhance the content and caliber of presentation.

UPDATED! An enhanced Author Web site provides new author videos, chapter updates, and the popular Free Excel Student Template (www.strategyclub.com), which enables users to more easily develop strategic-planning matrices, tables, and case analyses. Using the template, students can devote more time to applying strategy concepts and less time to the mechanics of formatting.

Features & benefits
  • NEW! Chapter 2 on “The Business Vision and Mission” is 60 percent new, featuring more customer-oriented statements.
  • NEW! Chapter 10 on “Business Ethics, Social Responsibility, and Environmental Sustainability” provides extensive new coverage of ethics, workplace romance, flirting, hiring away rival firms’ employees, wildlife welfare, and sustainability. This text emphasises that “good ethics is good business.” Unique to strategic-management texts, the sustainability discussion is strengthened in this edition to promote and encourage firms to conduct operations in an environmentally sound manner. Respect for the natural environment has become an important concern for consumers, companies, society, and AACSB-International.
  • NEW! Chapter 11 on “Global and International Issues” is shortened by 30 percent but provides new coverage of cultural and conceptual strategic-management differences across countries, as doing business globally has become a necessity in most industries.
  • NEW! A brand new Cohesion Case on The Hershey Company (2015) is provided. Hershey is one of the most successful, well-known, and best-managed global companies in the world.  Students apply strategy concepts to Hershey at the end of each chapter through brand new Assurance of Learning Exercises.
  • NEW! 21 unique Assurance of Learning Exercises appear at the end of all chapters to apply chapter concepts. The exercises prepare students for strategic-management case analysis.
  • NEW! One-page Mini-Cases that focus on Kroger Company, Walt Disney Company, Coach Buffalo Wild Wings, LinkedIn, Starbucks, Hilton Worldwide, Alibaba, TJX Companies, Avon Products, and Domino’s Pizza appear at the end of each chapter, along with questions designed to apply chapter concepts.
  • NEW! Two, original, half-page Academic Research Capsules in each chapter showcase how new strategic-management research is impacting business practice.
  • NEW! Implications for Strategists and Implications for Students sections highlight how companies can best gain and sustain competitive advantages.
  • NEW! Exemplary Company Cases in each chapter showcase a company (from Apple, H&R Block, and Chipotle Mexican, to Grill, Netflix, Foot Locker, and Nike) that is employing strategic management exceptionally well.  
  • NEW! More than 200 new examples bring the chapters to life.   
  • NEW! Narrative on strategic management theory and concepts is presented in every chapter.
  • NEW! 78 Review Questions are provided at the end of each chapter.
  • Twenty-two colour photographs bring this edition to life and illustrate “the practice of strategic management.”
  • NEW! All current readings at the end of all chapters are new, as new research and theories of seminal thinkers are included. However, practical aspects of strategic management are center stage and the trademark of this text.
  • NEW! Every sentence and paragraph has been scrutinised, modified, clarified, streamlined, updated, and improved to enhance the content and caliber of presentation.

Proven, Hallmark Features

  • This text meets all AACSB International guidelines that support a practitioner orientation rather than a theory/research approach. It offers a skills-oriented process for developing a vision and mission statement; performing an external audit; conducting an internal assessment; and formulating, implementing, and evaluating strategies.
  • Concise, conversational, interesting, logical, and lively writing style, supported by numerous current examples.
  • A simple, integrative strategic-management model appears in all chapters and on the inside back cover. This model is widely used by strategic-planning consultants and companies worldwide.
  • An excellent pedagogy includes Learning Objectives opening each chapter as well as Key Terms, Current Readings, Discussion Questions, and Assurance of Learning Exercises ending each chapter.
  • Various strategy formulation issues cover topics such as business ethics, global versus domestic operations, vision and mission, matrix analysis, partnering, joint venturing, competitive analysis, value chain analysis, governance, and matrices for assimilating and evaluating information.
  • Strategy implementation issues are covered thoroughly and include items such as corporate culture, organisational structure, outsourcing, marketing concepts, financial analysis, business ethics, whistleblowing, bribery, pay and performance linkages, and workplace romance.
  • A systematic, analytical “process” is presented that integrates nine matrices (IFEM, EFEM, CPM, SWOT, BCG, IE, GRAND, SPACE, and QSPM) into 3 stages (Input, Matching, and Decision), which guide the strategic planning process in all companies.