About the Authors |
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xiii | |
Online Resources |
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xv | |
Guided Tour |
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xvii | |
Acknowledgements |
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xix | |
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1 Strategy: Theory and Practice - An Introduction |
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1 | (38) |
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1 | (1) |
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2 | (1) |
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Strategy's antecedents in warcraft and statecraft |
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3 | (4) |
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The development of the field of strategy |
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7 | (2) |
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Overview of contemporary strategy |
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9 | (8) |
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17 | (1) |
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17 | (6) |
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Digital imperatives for a future agenda for strategy |
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23 | (2) |
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25 | (2) |
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Sustainability and strategy |
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27 | (4) |
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31 | (2) |
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33 | (1) |
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33 | (1) |
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Case Study: Volkswagen and diesel |
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34 | (5) |
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2 Strategy, Industry Competitive Forces and Positioning |
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39 | (36) |
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39 | (1) |
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40 | (1) |
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Business unit and corporate-level strategy |
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40 | (1) |
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Understanding the external macro environment |
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41 | (15) |
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56 | (2) |
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58 | (6) |
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In Practice: Sainsburys vs. Aldi |
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64 | (2) |
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Creating new markets: Blue ocean strategy |
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66 | (1) |
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In Practice: Games Workshop's strategy |
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67 | (3) |
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70 | (1) |
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71 | (1) |
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Case Study: Disney's strategy and Covid-19 |
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72 | (3) |
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3 Strategy, Resources and Capabilities |
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75 | (42) |
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75 | (1) |
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76 | (1) |
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Resources and capabilities |
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76 | (9) |
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In Practice: McDonald's: value creation and generic strategy |
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85 | (2) |
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Resource-based view (RBV) |
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87 | (6) |
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93 | (6) |
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Dynamic and ordinary capabilities view |
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99 | (7) |
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106 | (4) |
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110 | (1) |
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111 | (1) |
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Case Study: Netflix versus Amazon: Dynamic capabilities for global success |
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112 | (5) |
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4 Strategy and Innovation |
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117 | (46) |
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117 | (1) |
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118 | (1) |
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119 | (3) |
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In Practice: Creative destruction and fossil fuels |
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122 | (9) |
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Creating value and strategic advantage through innovation |
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131 | (1) |
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In Practice: Innovation in a pandemic: Mars Petcare and Securitas |
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132 | (12) |
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Enablers of strategic innovation |
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144 | (4) |
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In Practice: Intrinsically gendered innovation |
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148 | (9) |
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157 | (1) |
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158 | (1) |
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Case Study: Innovating mobility by building a platform |
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159 | (4) |
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163 | (44) |
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163 | (1) |
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164 | (1) |
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Internalization: Vertical and horizontal integration |
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165 | (1) |
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166 | (2) |
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In Practice: Valeant Pharmaceuticals |
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168 | (6) |
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Externalization: Outsourcing |
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174 | (1) |
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In Practice: Outsourcing: Military contracting |
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174 | (12) |
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Transaction costs and the make or buy question |
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186 | (1) |
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Transaction Cost Economics (TCE) |
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186 | (7) |
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In Practice: Comcast and Disney theme park strategy |
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193 | (9) |
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202 | (1) |
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202 | (1) |
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Case Study: After Disney closed one of its major studios, animation is under pressure in pandemic Hollywood |
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203 | (4) |
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6 Strategy and Collaboration |
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207 | (40) |
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207 | (1) |
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208 | (1) |
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208 | (4) |
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212 | (2) |
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In Practice: Amazon Fresh and supermarket alliances |
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214 | (6) |
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In Practice: Star Alliance: A global partnership of airlines |
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220 | (1) |
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Difficulties with strategic partnerships |
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221 | (3) |
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224 | (5) |
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In Practice: Collaborations in fashion |
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229 | (1) |
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230 | (5) |
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In Practice: Foxconn: Car maker |
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235 | (2) |
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237 | (5) |
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242 | (1) |
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243 | (1) |
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Case Study: PS5, Xbox and BMW: Chips and supply chains |
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243 | (4) |
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247 | (46) |
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247 | (1) |
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248 | (2) |
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Multinational enterprises |
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250 | (2) |
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In Practice: Jardine Matheson |
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252 | (3) |
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In Practice: Multinational supply chains and famous brands |
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255 | (7) |
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In Practice: Headquarters and subsidiaries: Goldman Sachs |
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262 | (13) |
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275 | (12) |
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287 | (1) |
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288 | (1) |
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289 | (4) |
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8 Strategy and Corporate Governance |
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293 | (40) |
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293 | (1) |
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294 | (1) |
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Corporate governance: Definition and history |
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294 | (7) |
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Corporate governance, the boardroom and strategy-making |
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301 | (2) |
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In Practice: Strategy and board oversight: Lehman Brothers |
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303 | (2) |
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In Practice: Corporate blind eyes at Boeing and Tesla |
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305 | (4) |
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Comparative corporate governance |
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309 | (6) |
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Corporate codes of ethics and corporate social responsibility (CSR) |
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315 | (2) |
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In Practice: Volkswagen's ethics |
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317 | (4) |
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Corporate social responsibility and corporate governance |
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321 | (1) |
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In Practice: Danone, CEOs and progressive corporate governance |
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321 | (4) |
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In Practice: Is eco-taxation the answer? |
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325 | (4) |
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329 | (1) |
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329 | (2) |
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Case Study: Big Tech's corporate governance |
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331 | (2) |
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333 | (42) |
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333 | (1) |
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334 | (1) |
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The planning school and emergent school: Contests and controversies |
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334 | (3) |
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In Practice: Honda's entry into the US motorcycle industry: Rational analysis or emergent learning? |
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337 | (3) |
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Five problems of strategic planning, according to Mintzberg |
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340 | (4) |
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Mintzberg's five Ps of strategy |
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344 | (2) |
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Andrew Pettigrew and process approaches |
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346 | (1) |
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347 | (1) |
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Strategy and learning processes |
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348 | (3) |
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Strategy and cultural processes |
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351 | (3) |
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Strategic sensemaking and storytelling |
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354 | (4) |
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In Practice: Strategy as a map? |
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358 | (2) |
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360 | (1) |
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Organizational storytelling |
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361 | (1) |
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362 | (2) |
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Stories as formal narratives |
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364 | (1) |
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In Practice: Apple: Every organization tells a story |
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365 | (1) |
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366 | (3) |
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369 | (1) |
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369 | (1) |
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Case Study: University strategy and process approaches in perspective |
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370 | (5) |
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375 | (40) |
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375 | (1) |
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376 | (1) |
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376 | (2) |
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What do we mean by strategy AS practice? |
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378 | (1) |
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Strategy practice and communication |
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379 | (9) |
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What tools do strategists use? |
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388 | (5) |
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In Practice: Strategy practice and Covid-19 |
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393 | (1) |
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The tool makers: consultants and strategy |
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394 | (3) |
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In Practice: The management consulting masters? |
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397 | (1) |
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398 | (2) |
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Strategic decision-making |
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400 | (4) |
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In Practice: Decision-making in the Cuban Missile Crisis |
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404 | (3) |
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407 | (1) |
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408 | (1) |
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Case Study: Strategy practice in a strategic change project |
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409 | (6) |
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11 Strategy and Organizational Politics |
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415 | (42) |
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415 | (1) |
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416 | (1) |
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416 | (5) |
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421 | (4) |
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In Practice: The end of management power? |
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425 | (1) |
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Intra-organizational politics and political skill |
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426 | (2) |
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In Practice: How Uber beat the competition with a political campaign |
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428 | (6) |
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In Practice: Playing the office politics game |
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434 | (3) |
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In Practice: Boardroom battles and family feuds |
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437 | (3) |
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Multinationals and subsidiary politics |
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440 | (4) |
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Business elites and strategy |
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444 | (7) |
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451 | (1) |
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451 | (1) |
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Case Study: The politics of strategy in a Mexican maquiladora |
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452 | (5) |
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457 | (48) |
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457 | (1) |
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458 | (1) |
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459 | (2) |
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What is strategic change? |
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461 | (6) |
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In Practice: How the climate crisis is transforming the meaning of `sustainability' in business |
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467 | (6) |
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In Practice: Blocking strategic change: The myth of the founding Tech Titan |
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473 | (3) |
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476 | (7) |
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Leading strategic change: Sensemaking, symbolism, communication |
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483 | (6) |
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Power, politics and resistance to strategic change |
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489 | (8) |
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497 | (1) |
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498 | (1) |
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Case Study: Tekco: A strategic restructuring that failed |
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499 | (6) |
Glossary |
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505 | (12) |
References |
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517 | (64) |
Index |
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581 | |