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Strategy: Theory and Practice 4th Revised edition [Minkštas viršelis]

  • Formatas: Paperback / softback, 616 pages, aukštis x plotis: 246x189 mm, weight: 1290 g
  • Išleidimo metai: 17-Nov-2022
  • Leidėjas: Sage Publications Ltd
  • ISBN-10: 1529794323
  • ISBN-13: 9781529794328
Kitos knygos pagal šią temą:
  • Formatas: Paperback / softback, 616 pages, aukštis x plotis: 246x189 mm, weight: 1290 g
  • Išleidimo metai: 17-Nov-2022
  • Leidėjas: Sage Publications Ltd
  • ISBN-10: 1529794323
  • ISBN-13: 9781529794328
Kitos knygos pagal šią temą:
Written by an expert team and praised for its refreshing approach, this essential text offers a critical, holistic understanding of strategy theory and practice. The fourth edition has been fully updated to include:

• Coverage of contemporary issues including the Covid-19 pandemic, climate change and digitalization
• Topical and engaging case studies such as Disney’s Strategy and Covid-19Netflix Versus Amazon: Dynamic Capabilities for Global Success, and PS5, Xbox and BMW: Chips and Supply Chains
• A wealth of new examples of strategy in practice from world-renowned organisations such as Google, Uniqlo, Tesla, IKEA, and Airbnb

Suitable for both undergraduate and postgraduate study, Strategy: Theory and Practice encourages readers to engage critically with the internal and external factors that shape strategy in the real world.

A selection of tried and tested online resources, including a teaching guide, PowerPoints, an online case study bank and test bank of questions have been developed to support lecturers using the book in their teaching. 

Stewart Clegg is Professor at the University of Sydney, Emeritus Professor at the University of Technology Sydney, and Visiting Professor at the University of Stavanger, University of Johannesburg, and Nova School of Business and Economics.
Christos Pitelis is Head of Department of International Business and Professor of International Business and Sustainable Competitiveness at the University of Leeds, and Life Fellow at Queens’ College, University of Cambridge.
Jochen Schweitzer is an Associate Professor at the University of Technology Sydney.
Andrea Whittle is Professor of Management at Newcastle University Business School.

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

Christos Pitelis is Head of Department of International Business, Professor of International Business and Sustainable Competitiveness, University of Leeds and Life Fellow, Queens College, University of Cambridge.  He is co-editor of the Cambridge Journal of Economics, a member of the Cambridge Political Economy Society and the literary executor of the collected papers of Edith Penrose. He has also coordinated projects, taught, consulted, trained, and designed policies for international organizations, national governments and regions, NGOs and businesses. He was International Expect of the European Commission Networking for Innovation (NETWIN) program on innovation clusters.

 

Jochen Schweitzer is an Associate Professor at the University of Technology Sydney (UTS). Trained as both an engineer and a social scientist, his research on issues of strategy, entrepreneurship and innovation with a particular interest in design thinking and emerging technologies. Jochen also serves as the Faculty Director of UTSs Executive MBA and Bachelor in Entrepreneurship (Honours) programs. He was Visiting Scholar at Stanford University and Hasso Plattner Institute (HPI) School of Design Thinking at Potsdam University. Jochen is a winner of the Strategic Management Societies Best Paper Award, and he received Honourable Mention by the Strategic Management Division of the Academy of Management. Jochen is a passionate educator who has taught at universities in the UK, Japan, China, the US, Germany, Netherlands and New Zealand. Before becoming an academic, Jochen was Principal at PwCs European Strategy Consulting practice. Andrea Whittle is Professor of Management at Newcastle University Business School. Andreas academic interest in strategy started without any plan or intention, like many strategies also emerge. First, in her doctoral research, she became fascinated with the social, political, material and discursive practices through which the group of management consultants she was studying sought to influence the strategic direction of the firm. Since then, she has conducted research on strategic change in a number of organizational settings as well as studying how the strategies of firms are scrutinized by the media and politicians. The common theme in her research is the role of discourse in shaping how people and societies make sense of organizations and the strategies they pursue.