Synopses & Reviews
STRATEGIC MANAGEMENT: CONCEPTS AND CASES, 7th edition provides the most accurate, relevant, and complete presentation of strategic management today. Each edition is thoroughly updated to include cutting edge research and trends that are shaping business strategy. The authors guide students through the strategic management process using a unique model that blends the classic industrial organizational model with the resource-based view of the firm to explain how firms use the strategic management process to build a sustained competitive advantage. Throughout the text carefully selected examples and highlights help put the ideas presented into context. The text's stunning four color design, illustrative models and figures also helps to focus students attention on the key points. In addition to the concepts portion, the text includes 35 compelling case studies or you can easily build your own case selections from premier providers such as Harvard, Ivey, and Darden.
Synopsis
Strategic Management: Competitiveness and Globalization, 6th edition provides the most accurate, relevant, and complete presentation of strategic management today. Authors Michael A. Hitt, R. Duane Ireland, and Robert E. Hoskisson thoroughly revised each chapter, weaving cutting-edge ideas, research, and modern practice to create a presentation that captures the dynamic nature of the field. The authors integrate the traditional industrial organizational model of strategic management with the more modern resource-based view of the firm to explain how firms use the strategic management process to build a sustained competitive advantage.
About the Author
Michael A. Hitt is a Distinguished Professor and holds the Joe B. Foster Chair in Business Leadership at Texas A&M University. He received his Ph.D. from the University of Colorado. He has more than 260 publications including 26 co-authored or co-edited books. He has been recognized as one of the ten most cited scholars in management over a 25-year period in an article published in the 2008 volume of the Journal of Management. His books include those focused on downscoping, mergers and acquisitions as well as COMPETING FOR ADVANTAGE, 2E (South-Western, 2008); and UNDERSTANDING BUSINESS STRATEGY, 2E (South-Western Cengage Learning, 2009). He is co-editor of numerous management, organization, strategy and development books. He has served on the editorial review boards of multiple journals, including the Academy of Management Journal, Academy of Management Executive, Journal of Applied Psychology, Journal of Management, Journal of World Business, and Journal of Applied Behavioral Sciences. In addition, he has served as Consulting Editor and Editor of the Academy of Management Journal. He is currently a co-editor of the Strategic Entrepreneurship Journal. He is the current past president of the Strategic Management Society and is a past president of the Academy of Management. He is a Fellow in the Academy of Management and in the Strategic Management Society. He received an honorary doctorate from the Universidad Carlos III de Madrid and is an Honorary Professor and Honorary Dean at XiÂ'an Jiao Tong University. He has been acknowledged with several awards for his scholarly research and he received the Irwin Outstanding Educator Award and the Distinguished Service Award from the Academy of Management. He has received best paper awards for articles published in the Academy of Management Journal, Academy of Management Executive, and Journal of Management. R. Duane Ireland is Distinguished Professor and the Foreman R. and Ruby S. Bennett Chair in Business at the Mays Business School, Texas A&M University, where he previously served as head of the management department. He teaches strategic management courses to undergraduate, masters, doctoral, and executive students. He has more than 175 publications, including more than a dozen books. His research on diversification, corporate entrepreneurship, and strategic entrepreneurship has been published in Academy of Management Journal, Academy of Management Executive, Strategic Management Journal, Journal of Management, Strategic Entrepreneurship Journal, Entrepreneurship Theory and Practice, Journal of Management Studies and others. He has served on editorial review boards for the Academy of Management Journal, Journal of Management, Journal of Business Venturing, Journal of Business Strategy, European Management Journal and others. He is current editor of the Academy of Management Journal. He has completed editorial terms for Academy of Management Journal, Academy of Management Executive, and Entrepreneurship Theory and Practice. He has co-edited special issues of Academy of Management Review, Academy of Management Executive, Journal of Business Venturing, and Organizational Research Methods and others. He received awards for the best article published in Academy of Management Executive and Academy of Management Journal. He is a Fellow of the Academy of Management and 21st Century Entrepreneurship Research Scholar. He served a three-year term as Representative-at-Large for the Academy of ManagementÂ's Board of Governors. He received the Award for Outstanding Intellectual Contributions to Competitiveness Research from the American Society for Competitiveness and the USASBE Scholar in Corporate Entrepreneurship Award. Robert E. Hoskisson is the George R. Brown Chair of Strategic Management at the Jesse H. Jones Graduate School of Business, Rice University. He received his Ph.D. from the University of California-Irvine. Dr. HoskissonÂ's research topics focus on corporate governance, acquisitions and divestitures, corporate and international diversification, and cooperative strategy. He teaches courses in corporate and international strategic management, cooperative strategy, and strategy consulting. Dr. HoskissonÂ's research has appeared in more than 120 publications, including the Academy of Management Journal, Strategic Management Journal, Journal of Management, Journal of International Business Studies, Journal of Management Studies, Academy of Management Executive, and others. He has co-authored 26 books, including recent books on business strategic and competitive advantage. He is currently Associate Editor of the Strategic Management Journal and Consulting Editor for the Journal of International Business Studies. He also serves on the Editorial Review board for the Academy of Management Journal. He has served on editorial boards for Academy of Management Journal, Journal of Management, Journal of Management Studies, and Entrepreneurship Theory and Practice, and others. He is Special Professor at the University of Nottingham and Honorary Professor at XiÂ'an Jiao Tong University. He is a Fellow of the Academy of Management and charter member of the Academy of Management Journal's Hall of Fame. He is also a Fellow of the Strategic Management Society and has received awards from the American Society for Competitiveness and the Marriott School of Management, Brigham Young University. He completed three years of service as Representative-at-Large for the Board of Governors of the Academy of Management and currently serves on Board of Directors of the Strategic Management Society.
Table of Contents
PART I. STRATEGIC MANAGEMENT INPUTS 1. Strategic Management and Strategic Competitiveness 2. The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis 3. The Internal Environment: Resources, Capabilities, and Core Competencies PART II. STRATEGIC ACTIONS: STRATEGY FORMULATION 4. Business-Level Strategy 5. Competitive Rivalry and Competitive Dynamics 6. Corporate-Level Strategy 7. Acquisition and Restructuring Strategies 8. International Strategy 9. Cooperative Strategy PART III. STRATEGIC ACTIONS: STRATEGY IMPLEMENTATION 10. Corporate Governance 11. Organizational Structure and Controls 12. Strategic Leadership 13. Strategic Entrepreneurship PART IV. CASES