Strategic management : text and cases

Machine generated contents note: pt. 1 Strategic Analysis

ch. 1 Strategic Management: Creating Competitive Advantages

Strategy Spotlight 1.1 How CEO George Buckley Turned Around 3M

What Is Strategic Management?

Defining Strategic Management

The Four Key Attributes of Strategic Management

The Strategic Management Process

Strategy Spotlight 1.2 Ambidextrous Behaviors

Combining Alignment and Adaptability

Intended versus Realized Strategies

Strategy Analysis

Strategy Formulation

Strategy Implementation

The Role of Corporate Governance and Stakeholder Management

Alternative Perspectives of Stakeholder Management

Strategy Spotlight 1.3 NGOs: A Key Stakeholder Group

Strategy Spotlight 1.4 How Goldcorp Used Crowdsourcing to Strike Gold!

Social Responsibility and Environmental Sustainability: Moving beyond the Immediate Stakeholders

The Strategic Management Perspective: An Imperative throughout the Organization. Contents note continued: Strategy Spotlight 1.5 Socially Responsible Investing (SRI): Can You Do Well by Doing Good?

Ensuring Coherence in Strategic Direction

Organizational Vision

Strategy Spotlight 1.6 Strategy and the Value of Inexperience

Mission Statements

Strategic Objectives

Strategy Spotlight 1.7 How the James Irvine Foundation Redefined Its Mission

Summary

ch. 2 Analyzing the External Environment of the Firm

Creating the Environmentally Aware Organization

The Role of Scanning, Monitoring, Competitive Intelligence, and Forecasting

Strategy Spotlight 2.1 How Zara, a Spanish Retailer, Spots Opportunities

Strategy Spotlight 2.2 Ethical Guidelines on Competitive Intelligence: United Technologies

Strategy Spotlight 2.3 Scenario Planning at PPG

SWOT Analysis

The General Environment

The Demographic Segment

Strategy Spotlight 2.4 China's Growing Middle Class Helps Cargo Carriers Rebound from the Recession. Contents note continued: The Sociocultural Segment

The Political/Legal Segment

The Technological Segment

Strategy Spotlight 2.5 How Microsoft "Gets Around" H-1B Visa Restrictions

The Economic Segment

The Global Segment

Relationships among Elements of the General Environment

Strategy Spotlight 2.6 The Internet and Digital Technologies: Affecting Many Environmental Segments

The Competitive Environment

Porter's Five-Forces Model of Industry Competition

Strategy Spotlight 2.7 Tuition Increases: Sometimes Students Have Low Bargaining Power

Strategy Spotlight 2.8 The Growing Viability of Renewable Resources as Substitutes for Fossil Fuels

How the Internet and Digital Technologies Are Affecting the Five Competitive Forces

Strategy Spotlight 2.9 Buyer Power in the Book Industry: The Role of the Internet

Using Industry Analysis: A Few Caveats

Strategic Groups within Industries. Contents note continued: Strategy Spotlight 2.10 Apple's iPod: Relationships with Its Complementors

Summary

ch. 3 Assessing the Internal Environment of the Firm

Value-Chain Analysis

Strategy Spotlight 3.1 The Limitations of SWOT Analysis

Primary Activities

Strategy Spotlight 3.2 Security Risks in Mexico Have Led to Higher Shipping Costs

Support Activities

Strategy Spotlight 3.3 Crowdsourcing: RYZ's Potential Customers Become Its Marketing and Design Staff

Strategy Spotlight 3.4 Removing Individual Metrics in Performance Evaluations

Interrelationships among Value-Chain Activities within and across Organizations

The "Prosumer" Concept: Integrating Customers into the Value Chain

Strategy Spotlight 3.5 Timberland's Detoxification Initiative

Applying the Value Chain to Service Organizations

Resource-Based View of the Firm

Types of Firm Resources

Firm Resources and Sustainable Competitive Advantages. Contents note continued: Strategy Spotlight 3.6 Blogs, Social Networking Sites, and Corporate Reputations: A Lethal Combination?

Strategy Spotlight 3.7 Amazon Prime: Very Difficult for Rivals to Copy

Strategy Spotlight 3.8 How a Chinese Beverage Company Succeeded by Creating Close Partnerships with Its Distributors

The Generation and Distribution of a Firm's Profits: Extending the Resource-Based View of the Firm

Evaluating Firm Performance: Two Approaches

Financial Ratio A nalysis

Integrating Financial Analysis and Stakeholder Perspectives: The Balanced Scorecard

Summary

Appendix to Chapter 3 How the Internet and Digital Technologies Add Value

ch. 4 Recognizing a Firm's Intellectual Assets: Moving beyond a Firm's Tangible Resources

The Central Role of Knowledge in Today's Economy

Human Capital: The Foundation of Intellectual Capital

Attracting Human Capital

Strategy Spotlight 4.1 Going "Green" Helps Attract Talent. Contents note continued: Developing Human Capital

Strategy Spotlight 4.2 Time Warner's Reverse Mentoring Program

Retaining Human Capital

Enhancing Human Capital: The Role of Diversity in the Workforce

The Vital Role of Social Capital

How Social Capital Helps Attract and Retain Talent

Social Networks: Implications for Knowledge Management and Career Success

Strategy Spotlight 4.3 Don't Go Away Mad ... Now You Are a Valued Alum!

Strategy Spotlight 4.4 Picasso versus van Gogh: Who Was More Successful and Why?

The Potential Downside of Social Capital

Strategy Spotlight 4.5 Developing Social Capital: Do Women and Men Differ?

Using Technology to Leverage Human Capital and Knowledge

Using Networks to Share Information

Electronic Teams: Using Technology to Enhance Collaboration

Codifying Knowledge for Competitive Advantage

Strategy Spotlight 4.6 Videoconferencing: Allowing Employees to Communicate Face-to-Face over Long Di stances. Contents note continued: Strategy Spotlight 4.7 Crowdsourcing: How SAP Taps Knowledge Well beyond Its Boundaries

Protecting the Intellectual Assets of the Organization: Intellectual Property and Dynamic Capabilities

Intellectual Property Rights

Dynamic Capabilities

Strategy Spotlight 4.8 Research in Motion, Maker of the BlackBerry, Loses an Intellectual Property Lawsuit

Summary

pt. 2 Strategic Formulation

ch. 5 Business-Level Strategy: Creating and Sustaining Competitive Advantages

Types of Competitive Advantage and Sustainability

Overall Cost Leadership

Strategy Spotlight 5.1 The Experience Curve

Strategy Spotlight 5.2 Ryanair: A Highly Effective Overall Cost Leadership Strategy

Differentiation

Strategy Spotlight 5.3 Crowdsourcing: How Netflix Boosts Its Differentiation

Focus

Strategy Spotlight 5.4 If You Can't Afford an Extremely Expensive Car You Can Rent One. Contents note continued: Combination Strategies: Integrating Overall Low Cost and Differentiation

Can Competitive Strategies Be Sustained? Integrating and Applying Strategic Management Concepts

Atlas Door: A Case Example

Are Atlas Door's Competitive Advantages Sustainable?

How the Internet and Digital Technologies Affect the Competitive Strategies

Overall Cost Leadership

Differentiation

Focus

Are Combination Strategies the Key to E-Business Success?

Strategy Spotlight 5.5 Liberty Mutual's Electronic Invoice System: Combining Low Cost and Differentiation Advantages

Industry Life Cycle Stages: Strategic Implications

Strategies in the Introduction Stage

Strategies in the Growth Stage

Strategies in the Maturity Stage

Strategy Spotlight 5.6 Reverse and Breakaway Positioning: How to Avoid Being Held Hostage to the Life-Cycle Curve

Strategies in the Decline Stage

Turnaround Strategies. Contents note continued: Strategy Spotlight 5.7 Alan Mulally: Leading Ford's Extraordinary Turnaround

Summary

ch. 6 Corporate-Level Strategy: Creating Value through Diversification

Making Diversification Work: An Overview

Related Diversification: Economies of Scope and Revenue Enhancement

Leveraging Core Competencies

Strategy Spotlight 6.1 Procter & Gamble Leverages Its Core Competence in Marketing and (Believe It or Not!) Franchising

Sharing Activities

Related Diversification: Market Power

Pooled Negotiating Power

Vertical Integration

Strategy Spotlight 6.2 How 3M's Efforts to Increase Its Market Power Backfired

Strategy Spotlight 6.3 Vertical Integration at Shaw Industries

Unrelated Diversification: Financial Synergies and Parenting

Corporate Parenting and Restructuring

Portfolio Management

Caveat: Is Risk Reduction a Viable Goal of Diversification?

The Means to Achieve Diversification

Mergers and Acquisitions. Contents note continued: Strategy Spotlight 6.4 Effectively Managing the Human Side of Acquisitions

Strategy Spotlight 6.5 Why Did Tyco International Sell a Majority Stake in One of Its Businesses?

Strategic Alliances and Joint Ventures

Strategy Spotlight 6.6 Crowdsourcing: How a Strategic Alliance Will Benefit Both Parties

Internal Development

How Managerial Motives Can Erode Value Creation

Strategy Spotlight 6.7 A Gourmet Deli Firm Leverages Its Core Competence and Creates a New Business

Growth for Growth's Sake

Strategy Spotlight 6.8 Cornelius Vanderbilt: Going to Great Lengths to Correct a Wrong

Egotism

Strategy Spotlight 6.9 How Antitakeover Tactics May Benefit Multiple Stakeholders, Not Just Management

Antitakeover Tactics

Summary

ch. 7 International Strategy: Creating Value in Global Markets

The Global Economy: A Brief Overview

Factors Affecting a Nation's Competitiveness. Contents note continued: Strategy Spotlight 7.1 Marketing to the "Bottom of the Pyramid"

Factor Endowments

Demand Conditions

Related and Supporting Industries

Firm Strategy, Structure, and Rivalry

Concluding Comment on Factors Affecting a Nation's Competitiveness

International Expansion: A Company's Motivations and Risks

Motivations for International Expansion

Strategy Spotlight 7.2 India and the Diamond of National Advantage

Strategy Spotlight 7.3 How Walmart Profits from Arbitrage

Potential Risks of International Expansion

Strategy Spotlight 7.4 Reverse Innovation: How Developing Countries Are Becoming Hotbeds of Innovation

Strategy Spotlight 7.5 Counterfeiting: A Worldwide Problem

Global Dispersion of Value Chains: Outsourcing and Offshoring

Achieving Competitive Advantage in Global Markets

Two Opposing Pressures: Reducing Costs and Adapting to Local Markets. Contents note continued: Strategy Spotlight 7.6 A Small-Town Alternative to Offshoring Tech Services Work

International Strategy

Global Strategy

Multidomestic Strategy

Strategy Spotlight 7.7 Why Shell's Innovative Gasoline Product Backfired in Holland

Strategy Spotlight 7.8 Dealing with Bribery Abroad

Transnational Strategy

Global or Regional? A Second Look at Globalization

Entry Modes of International Expansion

Exporting

Licensing and Franchising

Strategic Alliances and Joint Ventures

Strategy Spotlight 7.9 Lamborghini and Callaway Form a High-Tech Alliance

Wholly Owned Subsidiaries

Strategy Spotlight 7.10 Pepsi's First-Mover Advantage in India Has Paid Off

Summary

ch. 8 Entrepreneurial Strategy and Competitive Dynamics

Recognizing Entrepreneurial Opportunities

Entrepreneurial Opportunities

Strategy Spotlight 8.1 The Contribution of Small Businesses to the U.S. Economy. Contents note continued: Strategy Spotlight 8.2 Entrepreneurial Vision to Revitalize Detroit

Entrepreneurial Resources

Strategy Spotlight 8.3 Green Plastics

Strategy Spotlight 8.4 Prosper.com: Using the Power of the Social Group to Fund Entrepreneurs

Entrepreneurial Leadership

Strategy Spotlight 8.5 Strategic Alliances: A Key Entrepreneurial Resource

Entrepreneurial Strategy

Entry Strategies

Strategy Spotlight 8.6 Pandora Rocks the Music Business

Generic Strategies

Strategy Spotlight 8.7 Low-Cost Imitator Vizio, Inc., Takes Off

Combination Strategies

Competitive Dynamics

Strategy Spotlight 8.8 Diapers.com

-Combining Focus, Low Cost, and Differentiation

New Competitive Action

Threat Analysis

Motivation and Capability to Respond

Strategy Spotlight 8.9 The Wall Street Journal Challenges The New York Times

Types of Competitive Actions

Strategy Spotlight 8.10 AMD and Intel: The Multiple Dimensions of Competitive Dynamics. Contents note continued: Likelihood of Competitive Reaction

Choosing Not to React: Forbearance and Co-opetition

Strategy Spotlight 8.11 The UFL and the NFL: Cooperate or Compete?

Summary

pt. 3 Strategic Implementation

ch. 9 Strategic Control and Corporate Governance

Ensuring Informational Control: Responding Effectively to Environmental Change

A Traditional Approach to Strategic Control

A Contemporary Approach to Strategic Control

Strategy Spotlight 9.1 What Did General Motors Do Wrong?

Strategy Spotlight 9.2 Google's Interactive Control System

Attaining Behavioral Control: Balancing Culture, Rewards, and Boundaries

Building a Strong and Effective Culture

Motivating with Rewards and Incentives

Setting Boundaries and Constraints

Strategy Spotlight 9.3 Developing Meaningful Action Plans: Aircraft Interior Products, Inc

Behavioral Control in Organizations: Situational Factors

Evolving from Boundaries to Rewards and Culture. Contents note continued: The Role of Corporate Governance

Strategy Spotlight 9.4 The Relationship between Recommended Corporate Governance Practices and Firm Performance

The Modern Corporation: The Separation of Owners (Shareholders) and Management

Governance Mechanisms: Aligning the Interests of Owners and Managers

CEO Duality: Is It Good or Bad?

External Governance Control Mechanisms

Strategy Spotlight 9.5 The Impact of the 2002 Sarbanes-Oxley Act on Corporate Directors

Strategy Spotlight 9.6 Two Examples of Powerful External Control Mechanisms

Corporate Governance: An International Perspective

Strategy Spotlight 9.7 Effective and Ineffective Corporate Governance among "Multilatinas"

Summary

ch. 10 Creating Effective Organizational Designs

Traditional Forms of Organizational Structure

Patterns of Growth of Large Corporations: Strategy-Structure Relationships

Simple Structure

Functional Structure. Contents note continued: Strategy Spotlight 10.1 Parkdale Mills: A Successful Functional Organizational Structure

Divisional Structure

Strategy Spotlight 10.2 Why Sun Microsystems Experienced Major Problems When It Changed Its Organizational Structure

Matrix Structure

International Operations: Implications for Organizational Structure

Global Start-Ups: A New Phenomenon

How an Organization's Structure Can Influence Strategy Formulation

Linking Strategic Reward and Evaluation Systems to Business-Level and Corporate-Level Strategies

Strategy Spotlight 10.3 Global on Day One

Business-Level Strategy: Reward and Evaluation Systems

Corporate-Level Strategy: Reward and Evaluation Systems

Boundaryless Organizational Designs

Strategy Spotlight 10.4 Boundary Types

The Barrier-Free Organization

Strategy Spotlight 10.5 The Business Roundtable: A Forum for Sharing Best Environmental Sustainability Practices

The Modular Organization. Contents note continued: Strategy Spotlight 10.6 Video Games: Microsoft's Outsourcing Strategy

The Virtual Organization

Strategy Spotlight 10.7 How Eli Lilly Used the Collaborative Power of the Internet-Based Collaboration to Foster Innovation

Boundaryless Organizations: Making Them Work

Creating Ambidextrous Organizational Designs

Strategy Spotlight 10.8 Crest's Whitestrips: An Example of How P & G Creates and Derives Benefits from a Boundaryless Organization

Ambidextrous Organizations: Key Design Attributes

Why Was the Ambidextrous Organization the Most Effective Structure?

Summary

ch. 11 Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Leadership: Three Interdependent Activities

Strategy Spotlight 11.1 Julie Gilbert Sets a New Direction for Best Buy

Setting a Direction

Designing the Organization

Nurturing an Excellent and Ethical Culture. Contents note continued: Strategy Spotlight 11.2 IKEA's Founder: "Low Prices

-But Not at Any Price"

The Ambicultural Approach: A Key to Successfully Fulfilling the Three Leadership Activities

Elements of Effective Leadership

Integrative Thinking

Overcoming Barriers to Change

Strategy Spotlight 11.3 Integrative Thinking at Red Hat, Inc

The Effective Use of Power

Emotional Intelligence: A Key Leadership Trait

Strategy Spotlight 11.4 William Bratton: Using Multiple Bases of Power

Self-Awareness

Self-Regulation

Motivation

Empathy

Social Skill

Emotional Intelligence: Some Potential Drawbacks and Cautionary Notes

Developing a Learning Organization

Inspiring and Motivating People with a Mission or Purpose

Empowering Employees at All Levels

Strategy Spotlight 11.5 A Hospital's Unique Approach to Empowerment

Accumulating and Sharing Internal Knowledge

Gathering and Integrating External Information. Contents note continued: Challenging the Status Quo and Enabling Creativity

Creating an Ethical Organization

Individual Ethics versus Organizational Ethics

Strategy Spotlight 11.6 Green Energy: Real or Just a Marketing Ploy?

Integrity-Based versus Compliance-Based Approaches to Organizational Ethics

Role Models

Strategy Spotlight 11.7 Elements of a Corporate Code

Corporate Credos and Codes of Conduct

Reward and Evaluation Systems

Policies and Procedures

Summary

ch. 12 Managing Innovation and Fostering Corporate Entrepreneurship

Managing Innovation

Types of Innovation

Strategy Spotlight 12.1 Dutch Boy's Simple Paint Can Innovation

Challenges of Innovation

Strategy Spotlight 12.2 A Disruptive Innovation: The Slingshot and Affordable Clean Water

Cultivating Innovation Skills

Defining the Scope of Innovation

Managing the Pace of Innovation

Staffing to Capture Value from Innovation

Collaborating with Innovation Partners. Contents note continued: Strategy Spotlight 12.3 Staffing for Innovation Success at Air Products

Corporate Entrepreneurship

Strategy Spotlight 12.4 Crowdsourcing: IBM's Innovation Jam

Strategy Spotlight 12.5 Cisco Looks to Video to Spur Demand

Focused Approaches to Corporate Entrepreneurship

Strategy Spotlight 12.6 Using Team Tomorrow to Grow WD-40

Dispersed Approaches to Corporate Entrepreneurship

Strategy Spotlight 12.7 Microsoft's Struggles with Corporate Entrepreneurship

Measuring the Success of Corporate Entrepreneurship Activities

Real Options Analysis: A Useful Tool

Applications of Real Options Analysis to Strategic Decisions

Potential Pitfalls of Real Options Analysis

Entrepreneurial Orientation

Autonomy

Innovativeness

Strategy Spotlight 12.8 Best Buy Finds Social Responsibility Drives Business

Proactiveness

Competitive Aggressiveness

Risk Taking

Summary

pt. 4 Case Analysis. Contents note continued: ch. 13 Analyzing Strategic Management Cases

Why Analyze Strategic Management Cases?

How to Conduct a Case Analysis

Strategy Spotlight 13.1 Analysis, Decision Making, and Change at Sapient Health Network

Become Familiar with the Material

Strategy Spotlight 13.2 Using a Business Plan Framework to Analyze Strategic Cases

Identify Problems

Conduct Strategic Analyses

Propose Alternative Solutions

Make Recommendations

How to Get the Most from Case Analysis

Using Conflict-Inducing Decision-Making Techniques in Case Analysis

Symptoms of Groupthink and How to Prevent It

Strategy Spotlight 13.3 Making Case Analysis Teams More Effective

Using Conflict to Improve Decision Making

Following the Analysis-Decision-Action Cycle in Case Analysis

Summary