Strategic Management (2nd ed.)

Citation

(2003), "Strategic Management (2nd ed.)", Work Study, Vol. 52 No. 4. https://doi.org/10.1108/ws.2003.07952dae.002

Strategic Management (2nd ed.)

Strategic Management (2nd ed.)

Philip SadlerKogan Page£17.99ISBN: 0749439386

There have been many books written on the subject of strategic management. This is perhaps not surprising since what, on the face of it, seems like a simple topic (an organisation just has to decide on its medium- to long-term goals, organise the resources, a plan and a schedule to deliver those goals and get on with it) is never that simple in the "real world"

This book details the fundamental concepts, frameworks and ideas necessary to formulate and implement strategy. Designed to meet the needs of (MBA) students and practising managers alike, it does a good job of guiding the reader through the most important work by academics and consultants in the field of strategy.

It covers:

• •

  the nature of strategic management;

• •

  analysing industry and competition;

• •

  resources, capabilities and competitive advantage;

• •

  strategies for cost advantage and differentiation advantage;

• •

  emerging industries and the management of technology;

• •

  vertical integration;

• •

  diversification; and

• •

  global industries.

This is a second edition and has been updated and expanded to cover areas such as defining corporate purpose, the role of the corporate parent, the different schools of thought in the field of strategy, strategic alliances and acquisitions and mergers.

A free CD-ROM for lecturers is also available, containing a slide presentation and useful case studies.