Strategic management and business policy:
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Englewood Cliffs
Yourdon Press
2002
|
| Ausgabe: | 8. ed. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Getr. Zählung Ill., graph. Darst. + 1 Beil. |
| ISBN: | 0130651214 |
Internformat
MARC
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Datensatz im Suchindex
| _version_ | 1804138790718013440 |
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| adam_text | Contents
PART ONE Introduction to Strategic Management and Business Policy 1
Chapter i Basic Concepts of Strategic Management 1
1.1 The Study of Strategic Management 2
Phases of Strategic Management 3
Benefits of Strategic Management 4
1.2 Globalization and Electronic Commerce: Challenges to Strategic Management 5
Impact of Globalization 5
Impact of Electronic Commerce 5
^| Global Issue: Regional Trade Associations Replace National Trade Barriers 6
1.3 Theories of Organizational Adaptation 7
1.4 Creating a Learning Organization 8
1.5 Basic Model of Strategic Management 9
Environmental Scanning 9
Strategy Formulation 10
Strategy Implementation 15
Evaluation and Control 16
Feedback/Learning Process 16
1.6 Initiation of Strategy: Triggering Events 16
v/^ Internet Issue: Triggering Event at Sun Microsystems 17
1.7 Strategic Decision Making 18
What Makes a Decision Strategic 18
Mintzberg s Modes of Strategic Decision Making 18
Strategic Decision-Making Process: Aid to Better Decisions 19
1.8 Impact of the Internet on Strategic Management 22
Chapter 2 Corporate Governance and Social Responsibility 25
2.1 Corporate Governance: Role of the Board of Directors 26
Responsibilities of the Board 27
Members of a Board of Directors 29
Theory As It Applies: Agency Theory Versus Stewardship Theory in Corporate
Governance 30
I XM CONTENTS
^ Global Issue: POSCO Adds a Non-Korean Director 32
Nomination and Election of Board Members 33
Organization of the Board 34
Trends in Corporate Governance 35
2.2 Corporate Governance: Role of Top Management 36
Responsibilities of Top Management 36
2.3 Social Responsibilities of Strategic Decision Makers 38
Responsibilities of a Business Firm 38
Corporate Stakeholders 40
2.4 Ethical Decision Making 41
Some Reasons for Unethical Behavior 41
Encouraging Ethical Behavior 43
2.5 Impact of the Internet on Corporate Governance and Social Responsibility 45
-/t^ Internet Issue: Governments Act to Protect Society by Regulating the
Internet 46
PART ENDING VIDEO CASE: Newbury Comics, Inc. 50
PART TWO Scanning the Environment 51 Chapter 3 Environmental Scanning and Industry Analysis 51
3.1 Environmental Scanning 52
Identifying External Environmental Variables 52
£ Global Issue: Identifying Potential Markets in Developing Nations 58
Identifying External Strategic Factors 59
3.2 Industry Analysis: Analyzing the Task Environment 60
Porter s Approach to Industry Analysis 60
Industry Evolution 64
Categorizing International Industries 64
International Risk Assessment 65
Strategic Groups 66
Strategic Types 66
Hypercompetition 67
Using Key Success Factors to Create an Industry Matrix 69
3.3 Competitive Intelligence 70
3.4 Forecasting 71
Danger of Assumptions 71
Useful Forecasting Techniques 72
CONTENTS Xiii )
I
3.5 Synthesis of External Factors—EFAS 73
3.6 Impact of the Internet on Environmental Scanning and Industry Analysis 74
^ Internet Issue: Competitor Information Available on the Internet 76
Internal Scanning: Organizational Analysis 80
4.1 A Resource-Based Approach to Organizational Analysis 81
Using Resources to Gain Competitive Advantage 82
Determining the Sustainability of an Advantage 82
4.2 Value Chain Analysis 84
Industry Value Chain Analysis 84
Corporate Value Chain Analysis 85
4.3 Scanning Functional Resources 87
Basic Organizational Structures 87
Corporate Culture: The Company Way 88
Strategic Marketing Issues 89
£| Global Issue: ABB Uses Corporate Culture as a Competitive Advantage 90
Strategic Financial Issues 91
Strategic Research and Development (R D) Issues 92
Strategic Operations Issues 95
Strategic Human Resource Management (HRM) Issues 97
Strategic Information Systems/Technology Issues 99
A^ Internet Issue: The Growing Global Internet Economy 99
4.4 The Strategic Audit: A Checklist for Organizational Analysis 100
4.5 Synthesis of Internal Factors—IFAS 101
4.6 Impact of the Internet on Internal Scanning and Organizational Analysis 102
PART ENDING VIDEO CASE: Newbury Comics, Inc. 106
PART THREE Strategy Formulation 108 Chapters Strategy Formulation: Situation Analysis and Business Strategy 108
5.1 Situation Analysis: SWOT Analysis 109
Generating a Strategic Factors Analysis Summary (SFAS) Matrix 110
Finding a Propitious Niche 112
Q Global Issue: SAB Defends Its Propitious Niche 113
5.2 Review of Mission and Objectives 114
5.3 Generating Alternative Strategies Using a TOWS Matrix 114
XiV CONTENTS
5.4 Business Strategies 115
Porter s Competitive Strategies 117
Cooperative Strategies 126
/£ Internet Issue: Business to Business at Cisco Systems 130
5.5 Impact of the Internet on Business Strategy 131
C h a p ter 6 Strategy Formulation: Corporate Strategy 136
6.1 Corporate Strategy 137
6.2 Directional Strategy 138
Growth Strategies 138
Theory As It Applies: Transaction Cost Economics Analyzes Vertical Growth Strategy 141
International Entry Options 143
4j^ Global Issue: Wal-Mart Enters International Markets 144
Controversies in Directional Growth Strategies 146
Stability Strategies 146
Retrenchment Strategies 148
6.3 Portfolio Analysis 151
BCG Growth-Share Matrix 151
GE Business Screen 153
International Portfolio Analysis 154
Advantages and Limitations of Portfolio Analysis 155
6.4 Corporate Parenting 156
Developing a Corporate Parenting Strategy 156
Parenting-Fit Matrix 157
Horizontal Strategy and Multipoint Competition 159
6.5 Impact of the Internet on Corporate Strategy 159
J7^ Internet Issue: Global Online Population 160
Chapter 7 Strategy Formulation: Functional Strategy and Strategic Choice 164
7.1 Functional Strategy 165
Core Competencies 165
The Sourcing Decision: Where Should Functions Be Housed? 166
Marketing Strategy 168
Financial Strategy 169
Research and Development (R D) Strategy 170
Operations Strategy 171
CONTENTS XV
Q Global Issue: International Differences Alter Whirlpool s
Operations Strategy 172
Purchasing Strategy 173
Logistics Strategy 174
¦^ Internet Issue: Staples Uses Internet to Replenish Inventory from 3M 175
Human Resources Management (HRM) Strategy 175
Information Systems Strategy 176
7.2 Strategies to Avoid 177
7.3 Strategic Choice: Selection of the Best Strategy 177
Constructing Corporate Scenarios 178
Process of Strategic Choice 183
7.4 Development of Policies 184
7.5 Impact of the Internet on Functional Strategy 185
PART ENDING VIDEO CASE: Newbury Comics, Inc. 190
PART FOUR Strategy Implementation and Control 191 Chapter 8 Strategy Implementation: Organizing for Action 191
8.1 Strategy Implementation 192
8.2 Who Implements Strategy? 193
8.3 What Must Be Done? 194
Developing Programs, Budgets, and Procedures 194
Achieving Synergy 196
8.4 How Is Strategy to Be Implemented? Organizing for Action 197
Structure Follows Strategy 197
Stages of Corporate Development 198
Organizational Life Cycle 201
v/^ Internet Issue: The Founder of the Modem Blocks Transition to Stage II 202
Advanced Types of Organizational Structures 204
Reengineering and Strategy Implementation 207
Designing Jobs to Implement Strategy 208
Theory As It Applies: Designing Jobs with the Job Characteristics Model 209
8.5 International Issues in Strategy Implementation 209
Stages of International Development 210
Centralization Versus Decentralization 210
^| Global Issue: FedEx Provides the Infrastructure for Companies to
Become Global 211
8.6 Impact of the Internet on Organizational Design and Structure 212
j XVi CONTENTS
Strategy Implementation: Staffing and Directing 217
9.1 Staffing 218
Staffing Follows Strategy 219
Selection and Management Development 221
Problems in Retrenchment 222
International Issues in Staffing 224
9.2 Leading 225
Managing Corporate Culture 225
Action Planning 229
Management By Objectives 231
Total Quality Management 232
International Considerations in Leading 232
^| Global Issue: Cultural Differences Create Implementation
Problems in Merger 234
9.3 Impact of the Internet on Staffing and Leading in Organizations 235
Static Intranet Applications 235
Dynamic Intranet Applications 236
^ Internet Issue: Virtual Teams Use the Net to Operate at Long Distance 236
Advantages and Disadvantages of Intranets 237
; : Evaluation and Control 241
10.1 Evaluation and Control in Strategic Management 243
10.2 Measuring Performance 243
Appropriate Measures 243
Types of Controls 243
Activity-Based Costing 245
Primary Measures of Corporate Performance 246
/^ Internet Issue: Eyeballs and MUUs : Questionable Performance Measures 248
Primary Measures of Divisional and Functional Performance 252
International Measurement Issues 254
^| Global Issue: The Impact of Piracy on International Trade 255
10.3 Strategic Information Systems 256
Enterprise Resource Planning (ERP) 256
Divisional and Functional IS Support 257
10.4 Problems in Measuring Performance 257
Short-Term Orientation 258
Goal Displacement 258
CONTENTS XVH ]
10.5 Guidelines for Proper Control 259
10.6 Strategic Incentive Management 260
10.7 Using the Strategic Audit to Evaluate Corporate Performance 262
10.8 Impact ot the Internet on Evaluation and Control 262
Appendix 10.A Strategic Audit of a Corporation 265
PART ENDING VIDEO CASE: Newbury Comics, Inc. 274
PART FIVE Other Strategic Issues 277 Strategic Issues in Managing Technology and Innovation 277
11.1 Role of Management 278
11.2 Environmental Scanning 280
External Scanning 280
Internal Scanning 283
Resource Allocation Issues 283
11.3 Strategy Formulation 284
^| Global Issue: Impact of R D on Competitive Advantage in China 285
Product Versus Process R D 285
Technology Sourcing 286
Importance of Technological Competence 288
Product Portfolio 289
11.4 Strategy Implementation 290
Developing an Innovative Entrepreneurial Culture 290
Organizing for Innovation: Corporate Entrepreneurship 291
11.5 Evaluation and Control 294
v ^ Internet Issue: Software Company Challenges Hackers to Attack Its Product 295
11.6 Impact of the Internet on Managing Technology and Innovation 296
Chapter i 2 Strategic Issues in Entrepreneurial Ventures and Small Businesses 301
12.1 Importance of Small Business and Entrepreneurial Ventures 301
Q Global Issue: Entrepreneurship: Some Countries Are More Supportive
Than Others 302
Definition of Small-Business Firms and Entrepreneurial Ventures 303
The Entrepreneur as a Strategist 303
12.2 Use of Strategic Planning and Strategic Management 304
Degree of Formality 304
Usefulness of Strategic Management Model 305
Usefulness of Strategic Decision-Making Process 305
12.3 Issues in Corporate Governance 308
xviii contents
12.4 Issues in Environmental Scanning and Strategy Formulation 309
Sources of Innovation 309
Factors Affecting a New Venture s Success 311
-^ Internet Issue: Web Site Provides Local Business a Global Presence 312
12.5 Issues in Strategy Implementation 313
Substages of Small Business Development 313
Transfer of Power and Wealth in Family Businesses 315
12.6 Issues in Evaluation and Control 316
12.7 Impact of the Internet on Entrepreneurial Ventures and Small Businesses 318
Chapter 13 Strategic Issues in Not-For-Profit Organizations 324
13.1 Why Not-For-Profit? 325
Issue: Which Is Best for Society: Business or Not-For-Profit? 326
13.2 Importance of Revenue Source 326
Sources of Not-For-Profit Revenue 327
Patterns of Influence on Strategic Decision Making 327
Usefulness of Strategic Management Concepts and Techniques 329
13.3 Impact of Constraints on Strategic Management 329
Impact on Strategy Formulation 330
Impact on Strategy Implementation 331
Impact on Evaluation and Control 332
13.4 Popular Not-For-Profit Strategies 332
Strategic Piggybacking 332
Mergers 333
Strategic Alliances 333
13.5 Impact of the Internet on Not-For-Profit Organizations 335
Taxation 335
Improvement of Government Services 335
Impact on Other Not-For-Profit Organizations 336
v/^ Internet Issue: The Not-For-Profit Organizations That
Rule the Internet 336
PART SIX Introduction to Case Analysis 341 Chapter 14 Suggestions for Case Analysis 341
14.1 The Case Method 342
14.2 Researching the Case Situation 342
CONTENTS Xix
14.3 Financial Analysis: A Place to Begin 342
Analyzing Financial Statements 343
Common-Size Statements 346
Z-Value, Index of Sustainable Growth, and Free Cash Flow 346
Useful Economic Measures 347
Q Global Issue: Why Consider Inflation in Case Analysis? 348
14.4 Format for Case Analysis: The Strategic Audit 348
14.5 Impact of the Internet on Case Analysis 351
Finding a Company s Web Site 351
¦ j£ Internet Issue: Top 10 Internet Scams 352
Using a Search Engine 352
Finding More Information 352
Appendix 14.A Resources for Case Research 355
Appendix 14.B Suggested Case Analysis Methodology Using the Strategic Audit 357
Appendix 14.C Example of Student-Written Strategic Audit 361
|
| any_adam_object | 1 |
| author | Wheelen, Thomas L. 1935-2011 Hunger, J. David 1941-2014 |
| author_GND | (DE-588)141563990 (DE-588)170544133 |
| author_facet | Wheelen, Thomas L. 1935-2011 Hunger, J. David 1941-2014 |
| author_role | aut aut |
| author_sort | Wheelen, Thomas L. 1935-2011 |
| author_variant | t l w tl tlw j d h jd jdh |
| building | Verbundindex |
| bvnumber | BV023741235 |
| classification_rvk | QP 390 |
| ctrlnum | (OCoLC)248078725 (DE-599)BVBBV023741235 |
| discipline | Wirtschaftswissenschaften |
| edition | 8. ed. |
| format | Book |
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| genre | (DE-588)4522595-3 Fallstudiensammlung gnd-content |
| genre_facet | Fallstudiensammlung |
| id | DE-604.BV023741235 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T21:33:47Z |
| institution | BVB |
| isbn | 0130651214 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-017290312 |
| oclc_num | 248078725 |
| open_access_boolean | |
| owner | DE-526 |
| owner_facet | DE-526 |
| physical | Getr. Zählung Ill., graph. Darst. + 1 Beil. |
| publishDate | 2002 |
| publishDateSearch | 2002 |
| publishDateSort | 2002 |
| publisher | Yourdon Press |
| record_format | marc |
| spelling | Wheelen, Thomas L. 1935-2011 Verfasser (DE-588)141563990 aut Strategic management and business policy Thomas L. Wheelen ; J. David Hunger 8. ed. Englewood Cliffs Yourdon Press 2002 Getr. Zählung Ill., graph. Darst. + 1 Beil. txt rdacontent n rdamedia nc rdacarrier Unternehmensplanung (DE-588)4078609-2 gnd rswk-swf Unternehmensleitung (DE-588)4233771-9 gnd rswk-swf Strategische Planung (DE-588)4309237-8 gnd rswk-swf Unternehmenspolitik (DE-588)4078610-9 gnd rswk-swf Unternehmen (DE-588)4061963-1 gnd rswk-swf Nachhaltigkeit (DE-588)4326464-5 gnd rswk-swf Strategisches Management (DE-588)4124261-0 gnd rswk-swf Fallstudie (DE-588)4124897-1 gnd rswk-swf (DE-588)4522595-3 Fallstudiensammlung gnd-content Strategisches Management (DE-588)4124261-0 s Unternehmenspolitik (DE-588)4078610-9 s Nachhaltigkeit (DE-588)4326464-5 s Strategische Planung (DE-588)4309237-8 s Fallstudie (DE-588)4124897-1 s 1\p DE-604 Unternehmensplanung (DE-588)4078609-2 s 2\p DE-604 Unternehmensleitung (DE-588)4233771-9 s 3\p DE-604 Unternehmen (DE-588)4061963-1 s 4\p DE-604 Hunger, J. David 1941-2014 Verfasser (DE-588)170544133 aut HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017290312&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 3\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 4\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Wheelen, Thomas L. 1935-2011 Hunger, J. David 1941-2014 Strategic management and business policy Unternehmensplanung (DE-588)4078609-2 gnd Unternehmensleitung (DE-588)4233771-9 gnd Strategische Planung (DE-588)4309237-8 gnd Unternehmenspolitik (DE-588)4078610-9 gnd Unternehmen (DE-588)4061963-1 gnd Nachhaltigkeit (DE-588)4326464-5 gnd Strategisches Management (DE-588)4124261-0 gnd Fallstudie (DE-588)4124897-1 gnd |
| subject_GND | (DE-588)4078609-2 (DE-588)4233771-9 (DE-588)4309237-8 (DE-588)4078610-9 (DE-588)4061963-1 (DE-588)4326464-5 (DE-588)4124261-0 (DE-588)4124897-1 (DE-588)4522595-3 |
| title | Strategic management and business policy |
| title_auth | Strategic management and business policy |
| title_exact_search | Strategic management and business policy |
| title_full | Strategic management and business policy Thomas L. Wheelen ; J. David Hunger |
| title_fullStr | Strategic management and business policy Thomas L. Wheelen ; J. David Hunger |
| title_full_unstemmed | Strategic management and business policy Thomas L. Wheelen ; J. David Hunger |
| title_short | Strategic management and business policy |
| title_sort | strategic management and business policy |
| topic | Unternehmensplanung (DE-588)4078609-2 gnd Unternehmensleitung (DE-588)4233771-9 gnd Strategische Planung (DE-588)4309237-8 gnd Unternehmenspolitik (DE-588)4078610-9 gnd Unternehmen (DE-588)4061963-1 gnd Nachhaltigkeit (DE-588)4326464-5 gnd Strategisches Management (DE-588)4124261-0 gnd Fallstudie (DE-588)4124897-1 gnd |
| topic_facet | Unternehmensplanung Unternehmensleitung Strategische Planung Unternehmenspolitik Unternehmen Nachhaltigkeit Strategisches Management Fallstudie Fallstudiensammlung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017290312&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT wheelenthomasl strategicmanagementandbusinesspolicy AT hungerjdavid strategicmanagementandbusinesspolicy |