Strategic concepts:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Basingstoke [u.a.]
Macmillan
1998
|
| Edition: | 1. publ. |
| Series: | Macmillan business
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XII, 176 S. |
| ISBN: | 0333725298 0333725301 |
Staff View
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Record in the Search Index
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| adam_text | Contents
List of Figures jx
Preface xi
1 The Nature of Strategic Thinking 1
INTRODUCTION 1
An Example: The Daimler Benz Group 1
STRATEGY, CHOICE AND UNCERTAINTY 2
Strategic Choice 3
Uncertainty 4
objectives 5
The Time Horizon 5
The Nature of a Firm s Objectives 7
Objectives and Proxies 8
Multiple Objectives 8
STRATEGIC ANALYSIS ] 0
Characteristics 11
Context 12
Choice 13
STRATEGIC MODES 14
TENSIONS IN STRATEGIC THINKING 1 6
Size # 17
Supply Chains 17
Diversity 17
Innovation 18
Mergers 19
Networks 19
Summary 20
2 Developments in Strategic Thinking 21
INTRODUCTION 21
PHASE 1: THE DOMINANCE 01 TECHNOLOGY 22
Large Size 22
Growth and Diversification 24
PHASE 2: THE SEARCH FOR QUALITY 27
Quality of Output 27
A Balanced Portfolio 28
Competitive Forces 29
v
vi Contents
PHASE 3: LEANNESS AND COMPETITION 30
Global Changes in Competition 30
Lean Production 31
Firms Conduct Versus Industrial Structure 32
Niche Markets and Mobility Barriers 34
PHASE 4: RESPONSIVENESS AND INNOVATION 35
Continuous Innovation 35
A Lean Portfolio 36
OVERVIEW: THREE ELEMENTS 37
Focus 37
Flexibility 37
Future 38
3 Size and Rationalisation 39
INTRODUCTION 39
ENDURING ADVANTAGES OF SIZE 39
Economies of Scale 39
Stature 41
PROBLEMS OF SIZE 42
Technical and Market Factors 42
Behavioural Factors 43
Behavioural Examples 45
RESTRUCTURING AND RE ENGINEERING 47
Restructuring in Principle 47
Restructuring in Practice 48
DELAYERING SOME RESERVATIONS 50
Incentives * 50
Corporate Memory 50
Co ordination 52
SMALL FIRMS CHARACTERISTICS 52
Size and Scale 53
Diversity 53
Risk of Failure 54
Agglomeration 55
SMALL FIRMS STRATEGIC CONSIDERATIONS 55
Strategic Advantages 55
Minimising Disadvantages 58
Outcomes 58
symbiosis 60
4 Supply Chain Co ordination 62
INTRODUCTION 62
THE MAIN ISSUES 62
Contents vii
The Nature of Supply Chains 62
Depth and Breadth of Integration 63
THE CHOICE: OUTSOURCING OR INTEGRATION? 64
The Trade Off 64
Transaction Costs 65
Informal Constraints 68
Summary 69
THE DECLINE OF VERTICAL INTEGRATION 70
General Changes 70
Special Claims 71
OUTSOURCING 78
Limitations 78
Transition from Integration to Outsourcing 80
Strategic implications 81
Virtual Firms 82
5 Specialisation and Diversification 83
INTRODUCTION 83
REDUCTIONS IN SCOPE 83
Excessive Diversity 83
An Optimum Level of Diversification 84
Growth Beyond the Optimum 85
Environmental Changes 86
THE CONTINUED SIGNIFICANCE OF DIVERSIFICATION 87
Asia 88
Western Firms 88
A Question of Balance 90
THE RESOURCES NEEDED FOR DIVERSIFICATION 92
Evaluating Resources 92
Accumulation and Resource Leverage 95
Applying Resources 96
RESOURCES AND OPPORTUNITIES FOR DIVERSIFICATION 97
Internal Development of Resources 98
External Changes and New Opportunities 101
Synergy 104
WEAKNESS AND THREATS 107
The Search for a Solution 107
Combined Threats and Opportunities 108
The Search for Opportunities 110
6 Innovation and Imitation 111
INTRODUCTION 1 11
THE NATURE OF INNOVATION 1 1 1
viii Contents
Categories: Products, Processes and Services 111
Innovation and Technical Progress 112
Risks and Errors 113
The Rate of Adoption 114
THE STRATEGIC ROLE OF INNOVATION 115
Acceleration 115
The Classical Approach 116
The Modernist Approach 116
A Post Modernist Approach 118
PIONEERS AND IMITATORS 120
Imitative Strategies 120
Gains from Pioneering: The Evidence 121
Conditions for Success 122
LARGE AND SMALL FIRMS IN INNOVATION 127
Strategic Considerations for Small Firms 127
Complementarity Between Large and Small Firms 130
7 Divestment, Mergers and Strategic Alliances 133
INTRODUCTION 133
DIVESTMENT 133
General Considerations 133
Trade Sales 136
Demerger 138
Management Buyouts 139
MERGERS AND INTERNAL GROWTH 142
Internal Growth 143
External Growth 148
STRATEGIC ALLIANCES 155
The Nature of Alliances 155
Potential Problems 156
Potential Benefits 157
Trends and Cases 158
8 Summary and Conclusion 162
Concentration 162
Customers 163
Co operation 163
Competition 163
Continuity 164
Bibliography 165
Index 170
List of Figures
1.1 The focus for strategic analysis 10
2.1 Growth/share matrix 28
2.2 Competitive forces 30
4.1 Outsourcing: relations with suppliers 79
7.1 Alternative growth paths 150
ix
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| id | DE-604.BV012146450 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T18:22:29Z |
| institution | BVB |
| isbn | 0333725298 0333725301 |
| language | English |
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| owner | DE-703 DE-355 DE-BY-UBR |
| owner_facet | DE-703 DE-355 DE-BY-UBR |
| physical | XII, 176 S. |
| publishDate | 1998 |
| publishDateSearch | 1998 |
| publishDateSort | 1998 |
| publisher | Macmillan |
| record_format | marc |
| series2 | Macmillan business |
| spelling | Sutton, Clive Verfasser aut Strategic concepts Clive Sutton 1. publ. Basingstoke [u.a.] Macmillan 1998 XII, 176 S. txt rdacontent n rdamedia nc rdacarrier Macmillan business Business planning Strategisch management gtt Strategische planning gtt Strategic planning Strategische Planung (DE-588)4309237-8 gnd rswk-swf Unternehmensplanung (DE-588)4078609-2 gnd rswk-swf Unternehmensplanung (DE-588)4078609-2 s Strategische Planung (DE-588)4309237-8 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=008226191&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Sutton, Clive Strategic concepts Business planning Strategisch management gtt Strategische planning gtt Strategic planning Strategische Planung (DE-588)4309237-8 gnd Unternehmensplanung (DE-588)4078609-2 gnd |
| subject_GND | (DE-588)4309237-8 (DE-588)4078609-2 |
| title | Strategic concepts |
| title_auth | Strategic concepts |
| title_exact_search | Strategic concepts |
| title_full | Strategic concepts Clive Sutton |
| title_fullStr | Strategic concepts Clive Sutton |
| title_full_unstemmed | Strategic concepts Clive Sutton |
| title_short | Strategic concepts |
| title_sort | strategic concepts |
| topic | Business planning Strategisch management gtt Strategische planning gtt Strategic planning Strategische Planung (DE-588)4309237-8 gnd Unternehmensplanung (DE-588)4078609-2 gnd |
| topic_facet | Business planning Strategisch management Strategische planning Strategic planning Strategische Planung Unternehmensplanung |
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