STRATEGIC MANAGEMENT COMPETITIVENESS AND GLOBALIZATION: CONCEPTS AND CASES
2022 10-MT-00006-0 978-981-5059-75-5 All Business Courses
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SCAN ME
CONTENTS
Contents
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Contents
2-3e The Technological Segment 49 2-3f The Global Segment 50 2-3g The Sustainable Physical Environment Segment 51 Strategic Focus Target (Tar-zhey) Is Trying to Navigate in a New and Rapidly Changing Competitive Landscape 52 2-4 Industry Environment Analysis 53 2-4a Threat of New Entrants 54
Preface xiv About the Authors xx Part 1: Strategic Management Inputs 2 1: Strategic Management and Strategic Competitiveness 2 Opening Case: The Honest Co.: Can It Become an Iconic Global Brand? 3 Strategic Focus Competitive Advantage as a Source of Strategic Competitiveness 5 1-1 The Competitive Landscape 8 1-1a The Global Economy 9 1-1b Technology and Technological Changes 11 1-2 The I/O Model of Above-Average Returns 14 1-3 The Resource-Based Model of Above-Average Returns 16 1-4 Vision and Mission 18 1-4a Vision 18 1-4b Mission 18 1-5 Stakeholders 19 1-5a Classifications of Stakeholders 20 1-6 Strategic Leaders 23 1-6a The Work of Effective Strategic Leaders 23 Strategic Focus Strategic Leaders’ Decisions as a Path to Firms’ Efforts to Deal Successfully with Their Challenges 24 1-7 The Strategic Management Process 26 Summary 27 ● Key Terms 28 ● Review Questions 28 ● Mini-Case 28 ● Notes 30 2: The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis 36 Opening Case: Cracks in the Golden Arches and Mcdonald’s New Glue 37 2-1 The General, Industry, and Competitor Environments 39 2-2 External Environmental Analysis 41 2-2a Scanning 41
2-4b Bargaining Power of Suppliers 57 2-4c Bargaining Power of Buyers 58 2-4d Threat of Substitute Products 58 2-4e Intensity of Rivalry among Competitors 59
v Part 2: Strategic Actions: Strategy Formulation 104 4: Business-Level Strategy 104 Opening Case: Digital: An Increasingly Important Aspect of Strategy Choice and Strategy Implementation 105 4-1 Customers: Their Relationship with Business-Level Strategies 107 4-1a Effectively Managing Relationships with Customers 108 4/5/19 5:15 PM 3: The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages 74 Opening Case: Large Pharmaceutical Companies, Big Data Analytics, Artificial Intelligence and Core Competencies: A Brave New World 75 3-1 Analyzing the Internal Organization 77 3-1a The Context of Internal Analysis 77 3-1b Creating Value 78 3-1c The Challenge of Analyzing the Internal Organization 79 3-2 Resources, Capabilities, and Core Competencies 81 3-2a Resources 81 Strategic Focus Tangible and Intangible Resources as the Base for Core Competencies 83 3-2b Capabilities 85 3-2c Core Competencies 86 3-3 Building Core Competencies 87 3-3a The Four Criteria of Sustainable Competitive Advantage 87 3-3b Value Chain Analysis 90 3-4 Outsourcing 93 3-5 Competencies, Strengths, Weaknesses, and Strategic Decisions 94 Strategic Focus The Extreme Specialization of Outsourcing: Who Is Doing It and Who Is Not? 95 Summary 96 ● Key Terms 96 ● Review Questions 96 ● Mini-Case 97 ● Notes 98 2-5 Interpreting Industry Analyses 61 2-6 Strategic Groups 61 Strategic Focus Toys ‘R’ Us Exemplifies the Apocalypse in the Retail Industries 62 2-7 Competitor Analysis 63 2-8 Ethical Considerations 65 Summary 66 ● Key Terms 66 ● Review Questions 66 ● Mini-Case 67 ● Notes 68
2-2b Monitoring 42 2-2c Forecasting 42 2-2d Assessing 43 2-3 Segments of the General Environment 43 2-3a The Demographic Segment 43 2-3b The Economic Segment 46
2-3c The Political/Legal Segment 47 2-3d The Sociocultural Segment 48
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