Cover -- Title Page -- Copyright Page -- Dedication -- Brief Contents -- Contents -- Preface to Ninth Edition -- PART I INTRODUCTION -- 1 The Concept of Strategy -- Introduction and Objectives -- The Role of Strategy in Success -- The Basic Framework for Strategy Analysis -- A Brief History of Business Strategy -- Strategy Today -- How Is Strategy Made? The Strategy Process -- Strategic Management of Not-For-Profit Organizations -- Summary -- Self-Study Questions -- Notes -- PART II THE TOOLS OF STRATEGY ANALYSIS -- 2 Goals, Values, and Performance -- Introduction and Objectives -- Strategy as a Quest for Value -- Putting Performance Analysis into Practice -- Beyond Profit: Values and Corporate Social Responsibility -- Beyond Profit: Strategy and Real Options -- Summary -- Self-Study Questions -- Notes -- 3 Industry Analysis: The Fundamentals -- Introduction and Objectives -- From Environmental Analysis to Industry Analysis -- Analyzing Industry Attractiveness -- Applying Industry Analysis to Forecasting Industry Profitability -- Using Industry Analysis to Develop Strategy -- Defining Industries: Where to Draw the Boundaries -- From Industry Attractiveness to Competitive Advantage: Identifying Key Success Factors -- Summary -- Self-Study Questions -- Notes -- 4 Further Topics in Industry and Competitive Analysis -- Introduction and Objectives -- Extending the Five Forces Framework -- Dynamic Competition: Hypercompetition, Game Theory, and Competitor Analysis -- Segmentation and Strategic Groups -- Summary -- Self-Study Questions -- Notes -- 5 Analyzing Resources and Capabilities -- Introduction and Objectives -- The Role of Resources and Capabilities in Strategy Formulation -- Identifying Resources and Capabilities -- Appraising Resources and Capabilities -- Developing Strategy Implications -- Summary -- Self-Study Questions -- Notes -- 6 Organization Structure and Management Systems: The Fundamentals of Strategy Implementation -- Introduction and Objectives -- From Strategy to Execution -- Organizational Design: The Fundamentals of Organizing -- Organizational Design: Choosing the Right Structure -- Summary -- Self-Study Questions -- Notes -- PART III BUSINESS STRATEGY AND THE QUEST FOR COMPETITIVE ADVANTAGE -- 7 The Sources and Dimensions of Competitive Advantage -- Introduction and Objectives -- How Competitive Advantage Is Established and Sustained -- Types of Competitive Advantage: Cost and Differentiation -- Cost Analysis -- Differentiation Analysis -- Implementing Cost and Differentiation Strategies -- Summary -- Self-Study Questions -- Notes -- 8 Industry Evolution and Strategic Change -- Introduction and Objectives -- The Industry Life Cycle -- The Challenge of Organizational Adaptation and Strategic Change -- Managing Strategic Change -- Summary -- Self-Study Questions -- Notes -- 9 Technology-based Industries and the Management of Innovation -- Introduction and Objectives -- Competitive Advantage in Technology-intensive Industries -- Strategies to Exploit Innovation: How and When to Enter -- Standards, Platforms, and Network Externalities -- Platform-based Markets -- Implementing Technology Strategies: Creating the Conditions for Innovation -- Accessing External Sources of Innovation -- Summary -- Self-Study Questions -- Notes -- 10 Competitive Advantage in Mature Industries -- Introduction and Objectives -- Competitive Advantage in Mature Industries -- Strategy Implementation in Mature Industries: Structure, Systems, and Style -- Strategies for Declining Industries -- Summary -- Self-Study Questions -- Notes -- PART IV CORPORATE STRATEGY -- 11 Vertical Integration and the Scope of the Firm -- Introduction and Objectives -- Transaction Costs and the Scope of the Firm -- The Benefits and Costs of Vertical Integration -- The Benefits from Vertical Integration -- The Costs of Vertical Integration -- Applying the Criteria: Deciding Whether to Make or Buy -- Designing Vertical Relationships -- Different Types of Vertical Relationship -- Choosing Among Alternative Vertical Relationships -- Recent Trends -- Summary -- Self-Study Questions -- Notes -- 12 Global Strategy and the Multinational Corporation -- Introduction and Objectives -- Implications of International Competition for Industry Analysis -- Analyzing Competitive Advantage in an International Context -- Internationalization Decisions: Locating Production -- Internationalization Decisions: Entering a Foreign Market -- Multinational Strategies: Global Integration versus National Differentiation -- Implementing International Strategy: Organizing the Multinational Corporation -- Summary -- Self-Study Questions -- Notes -- 13 Diversification Strategy -- Introduction and Objectives -- Motives for Diversification -- Competitive Advantage from Diversification -- Diversification and Performance -- The Meaning of Relatedness in Diversification -- Summary -- Self-Study Questions -- Notes -- 14 Implementing Corporate Strategy: Managing the Multibusiness Firm -- Introduction and Objectives -- The Role of Corporate Management -- Managing the Corporate Portfolio -- Managing Linkages Across Businesses -- Managing Individual Businesses -- Managing Change in the Multibusiness Corporation -- Governance of Multibusiness Corporations -- Summary -- Self-Study Questions -- Notes -- 15 External Growth Strategies: Mergers, Acquisitions, and Alliances -- Introduction and Objectives -- Mergers and Acquisitions -- Strategic Alliances -- Summary -- Self-Study Questions -- Notes -- 16 Current Trends in Strategic Management -- Introduction -- The New Environment of Business -- New Directions in Strategic Thinking -- Redesigning Organizations -- The Changing Role of Managers -- Summary -- Notes -- Glossary -- Index -- EULA -- .
