STRATEGIC MANAGEMENT COMPETITIVENESS AND GLOBALIZATION: CONCEPTS AND CASES
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10-5a Corporate Governance in Germany and Japan 331 10-5b Corporate Governance in China 332 10-6 Governance Mechanisms and Ethical Behavior 333 Summary 334 ● Key Terms 335 ● Review Questions 335 ● Mini-Case 335 ● Notes 337 11: Organizational Structure and Controls 344 Opening Case: Changing McDonald’s Organizational Structure and Controls: A Path to Improved Performance 345 11-1 Organizational Structure and Controls 347 11-1a Organizational Structure 347 11-1b Organizational Controls 348 11-2 Relationships between Strategy and Structure 349 11-3 Evolutionary Patterns of Strategy and Organizational Structure 350 11-3a Simple Structure 350 11-3b Functional Structure 351 11-3c Multidivisional Structure 352 11-3d Matches between Business-Level Strategies and the Functional Structure 353 11-3e Matches between Corporate-Level Strategies and the Multidivisional Structure 356 Strategic Focus General Electric’s Decline, New Strategy, and Reorganization 362 11-3f Matches between International Strategies and Worldwide Structure 363 11-3g Matches between Cooperative Strategies and Network Structures 367 11-4 Implementing Business-Level Cooperative Strategies 369 Strategic Focus Global Airline Alliances, Airline Joint Ventures, and Network Difficulties 370 11-5 Implementing Corporate-Level Cooperative Strategies 371 11-6 Implementing International Cooperative Strategies 371 Summary 372 ● Key Terms 373 ● Review Questions 373 ● Mini-Case 374 ● Notes 376 12: Strategic Leadership 382 Opening Case: Meg Whitman: A Pioneering Strategic Leader 383 12-1 Strategic Leadership and Style 386 Strategic Focus Cybersecurity Risk: A Significant and Expanding Challenge for Strategic Leaders and Their Firms 387 12-2 The Role of Top-Level Managers 388 12-2a Top Management Teams 390 12-3 Managerial Succession 393 12-4 Key Strategic Leadership Actions 396 12-4a Determining Strategic Direction 396 12-4b Effectively Managing the Firm’s Resource Portfolio 398 12-4c Sustaining an Effective Organizational Culture 400 Strategic Focus Organizational Culture: Is It Really That Important? 401 12-4d Emphasizing Ethical Practices 403 12-4e Establishing Balanced Organizational Controls 404 Summary 407 ● Key Terms 408 ● Review Questions 408 ● Mini-Case 408 ● Notes 410
13: Strategic Entrepreneurship 416 Opening Case: Today It Is Gas and Diesel: Tomorrow It Is Likely to Be Electric Vehicles, Plug-in Hybrids, and Driverless Cars and Trucks 417 13-1 Entrepreneurship and Entrepreneurial Opportunities 419 13-2 Innovation 420 13-3 Entrepreneurs 421 13-4 International Entrepreneurship 422 13-5 Internal Innovation 423 13-5a Incremental and Novel Innovation 424 13-5b Autonomous Strategic Behavior 426 Strategic Focus Seeking Innovation through Autonomous Strategic Behavior at the Country Level 427 13-5c Induced Strategic Behavior 428 13-6 Implementing Internal Innovations 428 13-6a Cross-Functional Product Development Teams 429 13-6b Facilitating Integration and Innovation 430 13-6c Creating Value from Internal Innovation 430 13-7 Innovation through Cooperative Strategies 431 13-8 Innovation through Acquisitions 432 Strategic Focus Will These Acquisitions Lead to Innovation Success or to Strategic Failure? 433 13-9 Creating Value through Strategic Entrepreneurship 434 Summary 437 ● Key Terms 438 ● Review Questions 438 ● Mini-Case 438 ● Notes 440
Part 4: Case Studies C-1 Preparing an Effective Case Analysis C-4
Case 1: Alphabet Inc.: Reorganizing Google C-13 Case 2: Baidu’s Business Model and Its Evolution C-29
Case 3: Future of the Autonomous Automobile: A Strategy for BMW C-44 Case 4: An Examination of the Long-term Healthcare Industry in the USA C-58 Case 5: CrossFit at the Crossroads C-63 Case 6: New Business Models for Heise Medien: Heading for the Digital Transformation C-80 Case 7: Illinois Tool Works: Retooling for Continued Growth and Profitability C-95 Case 8: UltraRope: Crafting a Go-to-Market Strategy for Kone’s Innovative ‘UltraRope’ Hoisting Cable C-104 Case 9: MatchMove: Business Model Evolution C-113 Case 10: The Movie Exhibition Industry: 2018 and Beyond C-124 Case 11: Pacific Drilling: The Preferred Offshore Driller C-147 Case 12: Pfizer C-163 Case 13: Publix Supermarkets, Inc. C-175 Case 14: Driving Innovation and Growth at Starbucks: From Howard Schultz to Kevin Johnson C-190 Case 15: Sturm, Ruger & Co. and the U.S. Firearms Industry C-198 Case 16: The trivago Way—Growing Without Growing Up? C-211 Case 17: The Volkswagen Emissions Scandal C-228 Case 18: The Wells Fargo Banking Scandal C-238 Case 19: ZF Friedrichshafen’s Acquisition of TRW Automotive: Making the Deal C-248 Case 20: The Rise and Fall of ZO Rooms C-259 Contents
Name Index I-1 Company Index I-21 Subject Index I-24
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