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Mastering Strategyby Financial Times Editors
Synopses & Reviews
Cutting edge thinking and best practice from the best
brains at four of the world's top business schools.
Everyone in business is involved in strategy. Whether it be formulating it or implementing it. Every business from Fortune 500 companies to internet start-ups is reliant on strategy for survival and success.
Mastering Strategy brings you the latest thinking from the world's top international business schools. This rich mix of thought leadership covers all the top strategy issues, from mergers & acquisitions, risk, technology, and alliances, to knowledge, governance, globalization, and leadership.
With contributors from among the world's top strategists, including C.K. Prahalad, Henry Mintzberg, John Kay, Noel Tichy, and W. Chan Kim, this book combines definitive new thinking with examples of leading corporate strategies.
Strategy is everybody's business. Become a master of yours.
The Said Business School is the business school of the University of Oxford, and the newest department in one of the world's oldest universities. The school was established in 1998 through an initial £20m benefaction from Mr Wafic Said and matching funding from the University. It specializes in high level research into international business topics, including strategy, finance and corporate governance. The school also offers MBA, undergraduate and research degrees to an international student body.
In just 40 years, INSEAD has grown from a modest European educational start-up to one of the world's leading business schools, with more than 650 MBAs, 5,500 executives and 40 PhDs from over 75 countries passing through its programs every year. Participants are taught by an internationally recognized faculty of 124 professors from 26 countries. The institute's extensive alumni network is present in 122 countries and represents more than 20,200 MBA and executive alumni.
The University of Chicago Graduate School of Business is at the forefront of bringing a discipline-based approach to the study of business. Chicago GSB is known for its world renowned faculty, which includes more Nobel Prize winners than any other business school. Chicago GSB is also known for its strength in a number of areas including strategy, finance, entrepreneurship, international business, general management, economics, accounting, marketing and its innovative MBA program, which has campuses in Barcelona,Singapore and Chicago.
In Business Week magazine's bi-annual survey of corporate executives, the University of Michigan Business School (UMBS) was rated the most innovative business schools in the United States. UMBS's MBA and undergraduate programs blend the school's unusual across-the-board academic prowess with intensive development of applied skills and capabilities for results-producing leadership. In addition to degree programs, the Executive Education Center at UMBS offers a wide range of public and customized programs for working executives. More than 5,000 people participate in these programs each year, both on the school's campus in Ann Arbor, Michigan, and in overseas locations.
Everyone in business is involved in strategy, either formulating it or implementing it. Using case studies and examples of what leading companies are doing, this textbook presents the latest ideas from the world's four top business schools.
Businesses are continually striving to navigate the fast-moving currents of e-commerce and globalization. At the dawn of a new millenium, what better time is there for executives to stand back and consider the theory and practice of the strategic art.
The old certainties of central and long-term planning may have fallen apart long ago, but what exactly has replaced them? Should companies primarily be looking outward at their external environment — or inward at their distinctive capabilities? How do managers choose from the competing schools of strategy — and is it possible to synthesize the different approaches that have been tested over the years into a coherent whole? There are no easy answers to these and other questions, but Mastering Strategy provides ideas to better inform and stimulate you to develop the most appropriate model for your own circumstances.
Like the rest of this best-selling series, this book is based on the Financial Times newspaper series and brings together the latest thinking from world-renowned experts on every subject area pertinent to business people today.
About the Author
From the Editors of The Financial Times, with contributions from leading business faculty at the University of Chicago, University of Michigan, and INSEAD, Oxford University, London.
Table of Contents
1. History/state of strategy
2. Strategy and micro-economics
3. Strategy and general business environment
4. Strategy and globalization
5. Strategy and organizational structures
6. Strategy and technology
7. Mergers and acquisition strategy
8. Strategy and shareholder value/governance
9. Strategy and risk management
10. Leadership and strategy
11. Strategy and people
12. Sector strategies
13. Strategic alliances
14. Strategy and knowledge
15. Strategy and operations/manufacturing
16. Fresh challenges for the future
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