Strategic Management : Formulation, Implementation, and Control in a Dynamic Environment book cover
1st Edition

Strategic Management
Formulation, Implementation, and Control in a Dynamic Environment

ISBN 9780789018106
Published April 3, 2003 by Routledge
334 Pages

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Book Description

Airborne Express, Hershey's, Motorola, Pillsbury—how do the executives of international corporations formulate effective strategies for corporate success?

Filled with helpful insights into the state of the art in strategic management, this book provides a framework for the formulation, implementation, and control of strategies for all types of domestic and global organizations. You'll also find 21 suggested corporate cases for analysis (complete with reference sources), including Blockbuster Video, PepsiCo, Harley-Davidson, Nike, Home Depot, and Microsoft.

This up-to-date volume gives you a comprehensive overview of strategic management in an easy-to-read format. It addresses important current issues, such as TQM (Total Quality Management), reengineering, benchmarking, and the formulation of strategic management in international markets. Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment is a part of The Haworth Press, Inc. promotion book series edited by Richard Alan Nelson, Ph.D., APR.

Here is a small sample of what Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment will teach you about:

  • the definition, meaning, and history of strategic management
  • the difference between business policy and business strategy
  • corporate structure, governance, and culture
  • mission statements
  • how to assess the corporate/business environment—internal, external, and macro
  • how to formulate an effective business strategy
  • strategic alternatives—specialization, diversification, alliances, joint ventures, acquisitions, and more
  • dealing with foreign governments and competing on a global scale
  • the role of the general manager and the board of directors
  • the control process and ways to measure the financial soundness of strategic decisions
  • management techniques for not-for-profit companies
Strategic Management: Formulation, Implementation, and Control in a Dynamic Environment is an ideal reference for any teacher, student, or professional in the management arena.

Table of Contents

  • Preface
  • Acknowledgments
  • Section I: Strategic Management Framework
  • Chapter 1. Introduction to Strategic Management
  • Why Is It Important to Study Strategic Management?
  • History of Strategic Management and Business Policy
  • Purpose of Business Policy Course
  • Business Policy
  • Strategic Planning
  • Strategic Management
  • Moral and Ethical Duties
  • Corporate Governance and Strategy
  • Review Questions
  • Chapter 2. Strategy Formulation
  • Introduction
  • Who Are the Strategists in Any Organization?
  • Environmental Scanning
  • Strategy Formulation
  • Strategy Implementation
  • Evaluation and Control
  • Decision Making
  • Review Questions
  • Chapter 3. Assessing the Environment
  • Introduction
  • Dynamic Environments
  • The Internal Environment
  • The External Environment
  • Environmental Scanning
  • Review Questions
  • Appendix: The Use of Financial Ratio Analyses
  • Chapter 4. Corporate Strategy
  • Introduction
  • Corporate Strategic Alternatives
  • Analysis of Corporate Strategies
  • Strategy in Multiple-SBU Firms
  • Evaluating Corporate Strategy: Beyond the Business Portfolio Matrix
  • Review Questions
  • Chapter 5. Business and Functional Strategies
  • Introduction
  • Business Strategy Alternatives
  • Formulating Business Strategy
  • Competitive Strategies and the Health Care Industry
  • Functional Strategic Alternatives
  • Strategy Types
  • Conclusion
  • Review Questions
  • Chapter 6. Strategic Management in the International Environment
  • Introduction
  • Trends Toward Internationalization
  • Advantages of Internationalization
  • International Strategic Management
  • Entering a Foreign Market
  • Multinational Challenges
  • How to Compete Globally
  • U.S. Competitiveness
  • Tomorrow’s Organizations
  • Review Questions
  • Chapter 7. Corporate Structure and Implementation
  • Introduction
  • Strategy Implementation
  • The General Manager’s Role in the Implementation Process
  • Issues in Strategy Formulation and Implementation
  • Analyzing Strategic Change
  • Building a Capable Organization
  • Allocating Resources to Match Strategic Objectives
  • Establishing Organization-Wide Commitment to the Strategic Plan
  • Conclusion
  • Review Questions
  • Chapter 8. Corporate Culture, the General Manager, and Implementation
  • Introduction
  • Installing Internal Administrative Support Systems
  • Exerting Strategic Leadership
  • Fulfilling the Leadership Role
  • Summary
  • Review Questions
  • Chapter 9. The Control Function
  • Introduction
  • Levels of Strategy and Control
  • Organizational Control
  • Financial Measurement Methods
  • Reporting Systems
  • Information Systems
  • Vehicles of Control
  • International Control
  • Summary
  • Review Questions
  • Chapter 10. Strategic Management in Profit and Not-for-Profit Organizations
  • Introduction
  • Evolution of Not-for-Profit Organizations
  • What Is a Not-for-Profit Organization?
  • Mission Statement
  • Strategic Objectives
  • Crafting a Strategy
  • Strategy for Multi-Primary-Mission Organizations
  • Management Styles
  • Strategic Decision Making in NFP Organizations
  • Evaluation and Control in NFP Organizations
  • Implementation in the NFP Sector
  • Role of the Board of Directors in For-Profit and NFP Organizations
  • Conclusion
  • Review Questions
  • Section II: Preparing a Case Analysis
  • Case 1. Ben & Jerry’s
  • Case 2. Blockbuster
  • Case 3. Tootsie Roll Industries, Inc.
  • Case 4. Southwest Airlines
  • Case 5. Airborne Express
  • Case 6. Snapple
  • Case 7. PepsiCo, Inc.
  • Case 8. Pillsbury
  • Case 9. Hershey Foods Corporation
  • Case 10. H. J. Heinz
  • Case 11. Gap Inc.
  • Case 12. Intimate Brands, Inc.
  • Case 13. Nike
  • Case 14. Rite Aid
  • Case 15. Circuit City Stores, Inc.
  • Case 16. Gillet

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