2nd Edition

The Cores of Strategic Management

By Katsuhiko Shimizu Copyright 2025
    214 Pages 22 B/W Illustrations
    by Routledge

    214 Pages 22 B/W Illustrations
    by Routledge

    The Cores of Strategic Management provides students with a concise introduction to the fundamentals of strategic management, including business-level and corporate-level strategy, leadership, decision making and strategy implementation.

    Designed to guide students to master the core concepts and learn how to apply these basics through case studies, students will be better equipped to approach and resolve even the most complex problems within the field. This second edition has been fully revised throughout to incorporate an international perspective, including examples and case studies from across borders that reflect the current state of the field.

    This text is core reading for undergraduate, postgraduate, and executive students of Strategic Management and will equip any student with the strategic management fundamentals and strategic thinking skills needed to succeed in continuously changing environments. This book will also be accompanied by online resources for the use of instructors, including PowerPoint slides.

    Prologue  1. What is strategy?  2. External environment analysis  3. Internal environment analysis  4. Business-level strategy  5. Corporate-level strategy  6. M&A, alliances, and international strategy  7. Leadership and decision making under uncertainty  8. Strategy implementation  Epilogue.


    Katsuhiko (Katsu) Shimizu is a Konosuke Matsushita Professor of Organization Theory and Strategic Management at the Graduate School of Business Administration, Keio University in Japan.

    "It is a must read for those interested in learning and exploring the essence of strategic management. With his consulting background and academic acumen, he upgraded the well-crafted conscience book with new concepts including ecosystem and platform and the updated mini-cases including Goldman Sachs's Marcus, Xiaomi, and LVMH." 

    Michael A. Hitt, University Distinguished Professor Emeritus, Mays Business School, Texas A&M University and Distinguished Visiting Research Scholar in the Rawls College of Business at Texas Tech University

    "Built on a handful of the most essential ideas in strategy and featuring up-to-date examples, Professor Shimizu’s new book offers a refreshing and concise guide to reflecting on what it truly means to be a strategic thinker. This book deserves a place on the bookshelf of everyone seeking to become a better strategic thinker."

    Jay (Ji-Yub) Kim, Professor of Entrepreneurship, INSEAD

    "With his new version, Professor Shimizu offers an indispensable guide for those who need to understand the main principles underpinning the major decisions made by CEOs and top managers. This book is designed around a “less is better” approach to all strategy concepts and methods. And as such, it helps readers navigate across an ocean of information, and pick the ones that are essential."

    Pierre-Xavier Meschi, University Professor, IAE Aix-Marseille, Aix-Marseille University