Strategic management: awareness and change
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
London <<[u.a.]>>
Chapman and Hall
1993
|
| Ausgabe: | 2. ed. |
| Schlagwörter: | |
| Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=005884067&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| Umfang: | XXIII, 757 S. graph. Darst. |
| ISBN: | 0412463407 |
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Datensatz im Suchindex
| _version_ | 1819267686584025088 |
|---|---|
| adam_text | CONTENTS
Preface xiii
Acknowledgements xxiv
Part One The Strategy Process 2
1 Exploring strategic management 5
Learning objectives 5
Introduction 5
The scope of strategic management 6
Strategic management in perspective 7
Aspects of strategic management 8
E V R congruence 15
Strategy statements 18
The management of strategic change 18
Strategic change in practice 23
Summary 23
Checklist of key terms and concepts 25
Questions and research assignments 25
References 30
2 A strategic management framework 31
Learning objectives 31
Introduction 31
Models of strategic management 32
The framework for the book 34
Strategic leadership and values 38
Applying the framework of questions 41
Summary 44
Research assignment 44
Recommended further reading to Chapters 1 and 2 44
3 Strategic leadership and decision making 45
Learning objectives 45
Introduction 45
Strategic leadership 46
Risk 56
vi CONTENTS
Decision making 61
Decision making and problem solving 61
Entrepreneurship 69
Summary 72
Checklist of key terms and concepts 75
Questions and research assignments 75
Recommended further reading 76
References 76
4 Culture and values 77
Learning objectives 77
Introduction 77
Culture and the organization 78
Culture and strategy creation 79
Culture, structure and styles of management 83
Culture and power 88
Determinants of culture 90
Aspects of culture 91
Levels of culture 92
The search for excellence 93
Changing culture 99
The Japanese culture 102
Summary 112
Checklist of key terms and concepts 112
Questions and research assignments 112
Recommended further reading 114
References 114
Interlude: Strategic awareness 116
Introduction to strategic awareness 117
Part Two Situation Assessment 118
5 Where are we going? 121
Learning objectives 121
Introduction 121
Definitions, terminology and examples 122
Mission statements 126
Objectives: what should they be; and what are they? 127
Objectives of not for profit organizations 140
The impact of personal objectives 145
Social responsibility and business ethics 149
Summary 1
Checklist of key terms and concepts 156
Questions and research assignments 156
Recommended further reading 156
References 157
CONTENTS vii
6 How are we doing? 158
Learning objectives 158
Introduction 158
How are we doing? 159
Financial analysis 163
The measurement of success in not for profit organizations 175
Summary 178
Checklist of key terms and concepts 180
Questions and research assignments 180
Recommended further reading 180
References 181
7 Analysing competition 183
Learning objectives 183
Introduction 183
Competition: an introduction 184
Competition and the structure and regulation of industry
in the United Kingdom 187
Analysing an industry 198
Competitive advantage 210
Concluding comments 221
Summary 224
Checklist of key terms and concepts 225
Questions and research assignments 225
Recommended further reading 226
References 226
8 What causes a company to fail? 227
Learning objectives 227
Introduction 227
Symptoms of decline 228
Causes of decline 229
Predicting a failure 235
Summary 235
Questions and research assignments 235
Recommended further reading 236
References 236
Part Three Situation Analysis 238
9 Where are our opportunities and threats? 247
Learning objectives 247
Introduction 247
Understanding the environment 248
viii CONTENTS
Managing the environment 259
The UK business environment 266
Do our resources match up well? 279
Summary 283
Checklist of key terms and concepts 284
Questions and research assignments 285
Recommended further reading 285
References 285
Resources and competitive advantage: an overview of Chapters 10 14 287
10 Marketing as a strategic resource 290
Learning objectives 290
Introduction 290
Understanding marketing 291
Understanding product and service management 295
The marketing mix 316
Marketing in service, not for profit and small businesses 320
Summary 321
Checklist of key terms and concepts 322
Questions and research assignments 322
Recommended further reading 323
References 323
11 Operations as a strategic resource 325
Learning objectives 325
Introduction 325
The strategic importance of operations 326
Marketing and operations management 327
Manufacturing management and strategy 333
Service businesses 340
Service and total quality management 343
Research and development and innovation 347
Summary 355
Checklist of key terms and concepts 355
Questions and research assignments 355
Recommended further reading 356
References 356
12 People as a strategic resource 358
Learning objectives 358
Introduction 358
Integrating people 359
Management and leadership 369
Summary 373
Checklist of key terms and concepts 374
CONTENTS ix
Questions and assignments 374
Recommended further reading 374
References 375
13 Finance as a strategic resource 376
Learning objectives 376
Introduction 376
Financial strategy 377
Financing the business 378
Investments and capital budgeting 387
Finance and competitive advantage 397
Summary 400
Checklist of key terms and concepts 401
Questions and research assignments 401
Recommended further reading 402
References 402
14 Information as a strategic resource 403
Learning objectives 403
Introduction 403
Information, information systems and information technology 404
The impact of information systems and information technology
on organizations 407
Information technology and competitive advantage 415
Information in context 424
Summary 424
Checklist of key terms and concepts 424
Questions and research assignments 425
Recommended further reading 425
References 425
15 Where is our competitive advantage? 427
Learning objectives 427
Introduction 427
The value chain 429
The value chain and competitive advantage 434
Speed and competitive advantage 439
Summary 442
Checklist of key terms and concepts 443
Questions and research assignments 443
References 444
Interlude: Strategic change 446
Introduction to strategic change 447
x CONTENTS
Part Four Changes in Corporate Strategy 450
16 Where do we want to go? 453
Learning objectives 453
Introduction 453
Planning and planning systems 456
Strategic planning techniques 468
Strategy formulation 474
Strategic change and systems thinking 482
Strategy statements 489
Summary 491
Checklist of key terms and concepts 492
Questions and research assignments 492
Recommended further reading 493
References 493
17 What strategic alternatives are available? 494
Learning objectives 494
Introduction 494
The do nothing alternative 496
Internal growth strategies 496
External growth strategies 501
Disinvestment strategies 506
The international alternative 510
Strategic means 515
The selection of a strategy 519
Summary 520
Checklist of key terms and concepts 520
Questions and research assignments 520
References 522
18 Growth strategies: diversification, acquisition and joint venture 523
Learning objectives 523
Introduction 523
Diversification and acquisition by UK companies 525
Research into diversification and acquisition 531
Effective acquisition strategies 537
Joint ventures and strategic alliances 545
Summary 550
Checklist of key terms and concepts 550
Questions and research assignments 551
Recommended further reading 552
References 552
19 Recovery, recession and divestment strategies 553
Learning objectives 553
Introduction 553
The feasibility of recovery 554
CONTENTS xi
Retrenchment strategies 559
Turnaround strategies 560
Divestment strategies 563
Managing in a recession 568
Strategies for declining industries 569
Implementing recovery strategies 572
Summary 572
Checklist of key terms and concepts 573
Questions and research assignments 573
Recommended further reading 573
References 573
20 Management buy outs 574
Learning objectives 574
Introduction 574
Management buy outs in the United Kingdom 576
The parties involved and their expectations 580
Financing a buy out 583
Management buy ins 587
Summary 590
Checklist of key terms and concepts 590
Questions and research assignments 590
Recommended further reading 591
References 591
21 What constitutes a good choice? 592
Learning objectives 592
Introduction 592
Strategy evaluation 593
Criteria for effective strategies 596
Judgement 603
Summary 606
Checklist of key terms and concepts 608
Questions and research assignments 608
Recommended further reading 608
References 608
Part Five Strategy Implementation 610
22 Strategy and structure 621
Learning objectives 621
Introduction 621
Structural forms 623
Structure: determinants and design 645
Structure and styles of management: management style at the corporate level 655
Structure and styles of management: the role of general managers 657
xii CONTENTS
Measuring and rewarding performance 661
Summary 662
Checklist of key terms and concepts 663
Questions and research assignments 663
Recommended further reading 664
References 664
23 Resource management and control 666
Learning objectives 666
Introduction 666
The operational aspects of strategy implementation 667
Corporate resource planning 670
Functional resource planning: an introduction 672
Policies, procedures, plans and budgets 675
Allocating resources 680
Issues of measurement and control systems 684
Crisis management 690
Summary 694
Checklist of key terms and concepts 695
Questions and research assignments 695
Recommended further reading 696
References 696
24 Managing change 697
Learning objectives 697
Introduction 697
Issues in the management of change 698
Strategies for implementation and change 709
Power and politics 717
Summary 725
Checklist of key terms and concepts 726
Questions and research assignments 726
Recommended further reading 726
References 727
25 Final thoughts 728
Learning objectives 728
The major themes 729
Essential aspects of corporate strength 730
Strategic effectiveness 732
Final thoughts: the challenge for the future 733
References 733
Author index 735
Subject index 739
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| spellingShingle | Thompson, John L. 1931- Strategic management awareness and change Gestion d'entreprise ram Planification stratégique ram Strategisch management gtt Strategic planning Industrial management Strategisches Management (DE-588)4124261-0 gnd Entscheidungsfindung (DE-588)4113446-1 gnd |
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| title | Strategic management awareness and change |
| title_auth | Strategic management awareness and change |
| title_exact_search | Strategic management awareness and change |
| title_full | Strategic management awareness and change John L. Thompson |
| title_fullStr | Strategic management awareness and change John L. Thompson |
| title_full_unstemmed | Strategic management awareness and change John L. Thompson |
| title_short | Strategic management |
| title_sort | strategic management awareness and change |
| title_sub | awareness and change |
| topic | Gestion d'entreprise ram Planification stratégique ram Strategisch management gtt Strategic planning Industrial management Strategisches Management (DE-588)4124261-0 gnd Entscheidungsfindung (DE-588)4113446-1 gnd |
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