Concepts in strategic management and business policy: globalization, innovation, and sustainability
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Harlow, England
Pearson
[2018]
|
| Ausgabe: | fifteenth edition, global edition |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | 402, G-12, I-12 Seiten Illustrationen |
| ISBN: | 9781292227290 |
Internformat
MARC
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Datensatz im Suchindex
| _version_ | 1804176524263292928 |
|---|---|
| adam_text | Contents
Preface 17
About the Authors 25
PART ONE Introduction to Strategic Management and Business Policy 31
CHAPTER 1 Basic Concepts of Strategic Management 32
The Study of Strategic Management 35
Phases of Strategic Management 35
Benefits of Strategic Management 36
Globalization, Innovation, and Sustainability: Challenges to Strategic
Management 37
Impact of Globalization 38
Impact of Innovation 39
Global Issue: ASEAN: REGIONAL TRADE ASSOCIATIONS 40
Impact of Sustainability 40
Theories of Organizational Adaptation 42
Creating a Learning Organization 42
Basic Model of Strategic Management 44
Environmental Scanning 44
Strategy Formulation 46
Strategy Implementation 50
Evaluation and Control 51
Feedback/Learning Process 52
Initiation of Strategy: Triggering Events 52
Strategic Decision Making 53
What Makes a Decision Strategic? 53
Mintzberg’s Modes of Strategic Decision Making 54
Strategic Decision-Making Process: Aid to Better Decisions 55
The Strategic Audit: Aid to Strategic Decision Making 56
End of Chapter Summary 57
APPENDIX 1 .A Strategic Audit of a Corporation 62
CONTENTS
chapter 2 Corporate Governance 70
Role of the Board of Directors 73
Responsibilities of the Board 74
Board of Directors Composition 77
Innovation Issue: JCPENNEY AND INNOVATION 78
Strategy Highlight: AGENCY THEORY VERSUS STEWARDSHIP THEORY
IN CORPORATE GOVERNANCE 79
Nomination and Election of Board Members 83
Organization of the Board 84
Impact of Sarbanes-Oxley on U.S. Corporate Governance 85
Global Issue: GLOBAL BUSINESS BOARD ACTIVISM AT YAHOO! 86
Improving Governance 87
Evaluating Governance 87
Avoiding Governance Improvements 88
Trends in Corporate Governance 88
The Role of Top Management 89
Responsibilities of Top Management 90
Sustainability Issue: CEO PAY AND CORPORATE PERFORMANCE 90
End of Chapter Summary 93
CHAPTER 3 Social Responsibility and Ethics in Strategic Management 100
Social Responsibilities of Strategic Decision Makers 102
Responsibilities of a Business Firm 102
Sustainability 105
Sustainability Issue: MARKS SPENCER LEADS THE WAY 106
Corporate Stakeholders 106
Stakeholder Analysis 107
Strategy Highlight: JOHNSON JOHNSON CREDO 109
Ethical Decision Making 109
Some Reasons for Unethical Behavior 110
Global Issue: HOW RULE-BASED AND RELATIONSHIP-BASED GOVERNANCE
SYSTEMS AFFECT ETHICAL BEHAVIOR 111
innovation issue: TURNING A NEED INTO A BUSINESS TO SOLVE THE NEED 113
Encouraging Ethical Behavior 114
Views on Ethical Behavior 115
End of Chapter Summary 117
CONTENTS
PART TWO Scanning the Environment 121
CHAPTER 4 Environmental Scanning and Industry Analysis 122
Aspects of Environmental Scanning 124
Identifying External Environmental Variables 125
Sustainability Issue: GREEN SUPERCARS 126
Strategic Importance of the External Environment 127
Scanning the Societal Environment: Steep Analysis 127
Global Issue: SUVS POWER ON IN CHINA 135
Identifying External Strategic Factors 137
Industry Analysis: Analyzing the Task Environment 137
Porter’s Approach to Industry Analysis 138
Industry Evolution 142
Categorizing International Industries 142
Innovation Issue: TAKING STOCK OF AN OBSESSION 143
International Risk Assessment 144
Strategic Groups 144
Strategic Types 145
Hypercompetition 146
Using Key Success Factors to Create an Industry Matrix 147
Competitive Intelligence 148
Sources of Competitive Intelligence 149
Strategy Highlight EVALUATING COMPETITIVE INTELLIGENCE 150
Monitoring Competitors for Strategic Planning 151
Forecasting 152
Danger of Assumptions 152
Useful Forecasting Techniques 152
The Strategic Audit: A Checklist for Environmental Scanning 154
Synthesis of External Factors 154
End of Chapter Summary 156
CHAPTER 5 Organizational Analysis and Competitive Advantage 162
A Resource-Based Approach to Organizational Analysis---Vrio 164
Core and Distinctive Competencies 164
Using Resources/Capabilities to Gain Competitive Advantage 167
CONTENTS
Business Models 16$
Value-Chain Analysis 170
Industry Value-Chain Analysis 170
Corporate Value-Chain Analysis 172
Scanning Functional Resources and Capabilities 173
Basic Organizational Structures 173
Culture 175
Globa! Issue: MANAGING CORPORATE CULTURE FOR GLOBAL COMPETITIVE
ADVANTAGE: ABB VS. PANASONIC 177
Strategic Marketing Issues 177
Innovation Issue: DOCOMO MOVES AGAINST THE GRAIN 179
Strategic Financial Issues 180
Strategic Research and Development (R D) Issues 181
Strategic Operations Issues 183
Strategic Human Resource Management (HRM) Issues 185
Strategic Information Systems/Technology Issues 187
Sustainability Issue: THE OLYMPIC GAMES—LONDON 2012/SOCHI 2014/RIO 2016
TOKYO 2020 188
The Strategic Audit: A Checklist for Organizational Analysis 190
Synthesis of Internal Factors (IFAS) 190
End of Chapter Summary 192
PART THREE Strategy Formulation 197
CHAPTER 6 Strategy Formulation: Business Strategy 198
A Framework for Examining Business Strategy 200
Generating a Strategic Factors Analysis Summary (SFAS) Matrix 201
Finding Market Niches 203
Mission and Objectives 204
Business Strategies 205
Porter’s Competitive Strategies 205
Global Issue: HAS EMIRATES REACHED THE LIMIT OF GLOBALIZATION? 207
Innovation Issue: CHEGG AND COLLEGE TEXTBOOKS 210
Sustainability Issue: STRATEGIC SUSTAINABILITY—ESPN 212
Cooperative Strategies 213
Strategic Alliances 214
End of Chapter Summary 218
CONTENTS
3
CHAPTER 7 Strategy Formulation: Corporate Strategy 222
Corporate Strategy 224
Directional Strategy 224
G r owth Strategies 225
Strategy Highlight: TRANSACTION COST ECONOMICS ANALYZES VERTICAL
GROWTH sfRATEGY 228
Global Issue: GLOBAL EXPANSION IS NOT ALWAYS A PATH TO GROWTH 230
Controversies in Directional Growth Strategies 231
Stability Strategies 232
Retrenchment Strategies 233
Portfolio Analysis 235
BCG Growth-Share Matrix 236
Sustainability Issue: GENERAL MOTORS AND THE ELECTRIC CAR 238
Advantages and Limitations of Portfolio Analysis 239
Managing a Strategic Alliance Portfolio 239
Corporate Parenting 240
Innovation Issue: TO RED HAT OR NOT? 241
Developing a Corporate Parenting Strategy 242
Horizontal Strategy and Multipoint Competition 242
End of Chapter Summary 243
CHAPTER 8 Strategy Formulation: Functional Strategy and Strategic Choice 248
Functional Strategy 250
Marketing Strategy 250
Financial Strategy 252
Research and Development (R D) Strategy 253
Operations Strategy 254
Global Issue: WHY IS STARBUCKS AFRAID OF ITALY? 255
Purchasing Strategy 256
Sustainability Issue: HOW HOT IS HOT? 257
innovation issue: WHEN AN INNOVATION FAILS TO LIVE UP TO EXPECTATIONS 258
Logistics Strategy 259
Human Resource Management (HRM) Strategy 259
Information Technology Strategy 260
if “-: i Li J 1 )
The Sourcing Decision: Location of Functions 260
Strategies To Avoid 263
Strategic Choice: Constructing Scenarios 263
Constructing Corporate Scenarios 264
The Process of Strategic Choice 269
Using Policies to Guide Strategic Choices 271
End of Chapter Summary 271
PART FOUR Strategy Implementation and Control 277
CH A PTE R 9 Strategy Implementation: Global Strategy 278
International Entry 280
International Coordination 282
International Strategic Alliances 283
Stages of International Development 283
International Employment 284
Measurement of Performance 286
End. of Chapter Summary 288
CHAPTER 1 0 Strategy Implementation: Organizing and Structure 292
Strategy Implementation 294
Who Implements Strategy? 295
What Must Be Done? 295
Developing Programs, Budgets, and Procedures 295
Sustainability Issue: A BETTER BOTTLE—ECOLOGIC BRANDS 296
Achieving Synergy 300
How Is Strategy To Be Implemented? Organizing for Action 301
Structure Follows Strategy 301
Stages of Corporate Development 302
Innovation Issue: THE P G INNOVATION MACHINE STUMBLES 303
Organizational Life Cycle 307
Flexible Types of Organizational Structure 308
The Matrix Structure 308
Network Structure—The Virtual Organization 310
Global Issue: OUTSOURCING COMES FULL CIRCLE 311
Cellular/Modular Organization: A New Type of Structure? 312
CONTENTS
5
Reengineering and Strategy Implementation 312
Six Sigma 313
Designing Jobs to Implement Strategy 314
Centralization Versus Decentralization 315
End of Chapter Summary 316
CHAPTER 1 1 Strategy Implementation: Staffing and Directing 322
Staffing 324
Staffing Follows Strategy 325
Selection and Management Development 327
Innovation Issue: HOW TO KEEP APPLE COOL 327
Problems in Retrenchment 329
Leading 331
Managing Corporate Culture 331
Sustainability Issue: PANERA AND THE PANERA CARES COMMUNITY CAFÉ 332
Action Planning 336
Management by Objectives 338
Total Quality Management 339
Global Issue: CULTURAL DIFFERENCES CREATE IMPLEMENTATION PROBLEMS
IN MERGER 340
End of Chapter Summary 340
CHAPTER 1 2 Evaluation and Control 346
Measuring Performance 348
Appropriate Measures 348
Types of Controls 349
Innovation Issue: SOLAR POWER AND THE GRID 350
Activity-Based Costing 351
Enterprise Risk Management 352
Primary Measures of Corporate Performance 352
Sustainability Issue: THE END OF THE CASH REGISTER RECEIPT 355
Balanced Scorecard Approach: Using Key Performance Measures 356
Primary Measures of Divisional and Functional Performance 358
Responsibility Centers 358
Using Benchmarking To Evaluate Performance 360
CONTENTS
Global Issue: COUNTERFEIT GOODS AND PIRATED SOFTWARE: A GLOBAL
PROBLEM 361
Strategic Information Systems 361
Enterprise Resource Planning 362
Radio Frequency Identification and Near Field Communication 362
Divisional and Functional is Support 363
Problems in Measuring Performance 363
Short-Term Orientation 364
Goal Displacement 365
Guidelines for Proper Control 366
Aligning Incentives 367
End of Chapter Summary 369
PART FIVE Introduction to Case Analysis 375
CHAPTER 13 Suggestions for Case Analysis 376
The Case Method 378
Researching the Case Situation 378
Financial Analysis: A Place to Begin 379
Analyzing Financial Statements 379
Common-Size Statements 383
Z-Value and the Index of Sustainable Growth 383
Useful Economic Measures 384
Format for Case Analysis: The Strategic Audit 384
End of Chapter Summary 387
APPENDIX 13.A Resources for Case Research 389
APPENDIX 13.B Suggested Case Analysis Methodology Using the Strategic Audit 391
APPE N DIX 13 .C Example of Student-Written Strategic Audit 394
GLOSSARY G-1
NAME INDEX 1-1
SUBJECT INDEX 1-6
|
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| spelling | Concepts in strategic management and business policy globalization, innovation, and sustainability Thomas L. Wheelen [und 3 weitere] fifteenth edition, global edition Harlow, England Pearson [2018] © 2018 402, G-12, I-12 Seiten Illustrationen txt rdacontent n rdamedia nc rdacarrier Strategisches Management (DE-588)4124261-0 gnd rswk-swf (DE-588)4522595-3 Fallstudiensammlung gnd-content Strategisches Management (DE-588)4124261-0 s DE-604 Wheelen, Thomas L. 1935-2011 (DE-588)141563990 aut Digitalisierung UB Bamberg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029139553&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
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| title | Concepts in strategic management and business policy globalization, innovation, and sustainability |
| title_auth | Concepts in strategic management and business policy globalization, innovation, and sustainability |
| title_exact_search | Concepts in strategic management and business policy globalization, innovation, and sustainability |
| title_full | Concepts in strategic management and business policy globalization, innovation, and sustainability Thomas L. Wheelen [und 3 weitere] |
| title_fullStr | Concepts in strategic management and business policy globalization, innovation, and sustainability Thomas L. Wheelen [und 3 weitere] |
| title_full_unstemmed | Concepts in strategic management and business policy globalization, innovation, and sustainability Thomas L. Wheelen [und 3 weitere] |
| title_short | Concepts in strategic management and business policy |
| title_sort | concepts in strategic management and business policy globalization innovation and sustainability |
| title_sub | globalization, innovation, and sustainability |
| topic | Strategisches Management (DE-588)4124261-0 gnd |
| topic_facet | Strategisches Management Fallstudiensammlung |
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