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Understanding Strategic Management

Fourth Edition

Anthony E. Henry

July 2021

ISBN: 9780198859833

408 pages
Paperback
246x189mm

In Stock

Price: £44.99

Packed with real-life examples and emphasising the essential tools of analysis, this is the ideal introduction for students taking their first steps into strategic management.

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Description

Packed with real-life examples and emphasising the essential tools of analysis, this is the ideal introduction for students taking their first steps into strategic management.

  • Concise in format, but covering all the relevant material for one semester courses, this textbook provides students with all the essential concepts in a manageable format.
  • A four-part structure and clear approach expertly guide students through the processes of strategic management from analysis, to formulation, and on to implementation.
  • Contemporary, real-life examples and case studies drawn from a diverse range of business situations illustrate how the core theories operate in practice, revealing the successes but also the pitfalls of different strategic approaches.
  • Extensive online resources, clearly integrated with the book, provide additional material to develop deeper understanding and offer practical exercises that stimulate engagement with the key tools of analysis.
  • A user-friendly writing style is complemented by a wealth of learning features, illustrations and tables to make the subject clear for students and encourage them to actively engage in critique and analysis.

New to this edition

  • New content on corporate social responsibility in chapters 4 and 11 explores environmental, social and corporate governance issues; and business ethics.
  • Coverage of key theories and concepts have been significantly revised to aid student understanding and application, including PESTLE, Porter's 5 Forces, SWOT analysis, Blue Ocean Strategy, value innovation, and mergers and acquisition.
  • Half the case studies and Strategy in Focus boxes are new, showcasing a greater international breadth of organizations. New examples include Saudi Aramco's move away from the oil and gas industry, Northvolt and Norsk Hydro's joint recycling venture, and LG Chem's battery production.
  • Additional diagrams have been added across the chapters to illustrate key topics and aid student understanding of key theories and concepts.
  • Available for students and institutions to purchase in a variety of formats, and is supported by online resources.

About the Author(s)

Anthony E. Henry

Anthony E. Henry is a Teaching Fellow at Aston Business School.

Table of Contents

    Part One: What is Strategy?
    1:What is strategy?
    Part Two: Strategic Analysis
    2:Evaluating the macro-environment
    3:Industry analysis
    4:The Internal Environment: value-creating activities
    5:The Internal Environment: a resource-based view of strategy
    Part Three: Strategy Formulation
    6:Business strategy
    7:Corporate strategy
    8:International strategy
    Part Four: Strategy Implementation
    9:Organizational structures and strategic change
    10:Strategic leadership
    11:Corporate governance

Reviews

"An extremely well-written and interesting book as the basis for a strategic management course with many different examples, interesting case studies, and discussion questions that activate students to engage in the course and the material." - Marius Wehner, Heinrich-Heine-University of Düsseldorf, Germany

"A well-written book that captures the essence, concepts, theories and emerging ideas of strategic management in simple, lucid language." - Sami A. Khan, King Abdulaziz University, Saudia Arabia

"A user-friendly resource to accompany students in their learning journey...Provides an easy to comprehend analysis of strategic management processes in organizations." - Virginia Bodolica, American University of Sharjah, United Arab Emirates

Additional Resources

This book is available for students and institutions to purchase in a variety of formats, and is supported by online resources.

- The e-book offers a mobile experience and convenient access along with functionality tools, navigation features, and links that offer extra learning support. Find out more about e-books from OUP: www.oxfordtextbooks.co.uk/ebooks

- The extensive online resources feature:

For students:
-Internet exercises
-Glossary
-Extension material
-Working through strategy
-Multiple-choice questions
-Additional recommended resources

For lecturers:
-Bank of additional case studies
-Additional discussion questions and prompts
-Test bank
-Further case material
-Answers to discussion questions
-PowerPoint slides
-Figures and tables from the book

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