Examine strategic management with the market-leading text that sets the standard for the most intellectually rich, yet thoroughly practical, analysis of strategic management today. Written by highly respected experts Hitt, Ireland, and Hoskisson, STRATEGIC MANAGEMENT: COMPETITIVENESS AND GLOBALIZATION, CONCEPTS AND CASES, Eleventh Edition, combines the latest cutting-edge research and strategic management trends with ideas from some of today's most prominent scholars. This is the only text that integrates the classic industrial organization model with a resource-based view of the firm to give you a complete understanding of how today's businesses use strategic management to establish a sustained competitive advantage. A strong global focus and examples from more than 600 emerging and leading companies place ideas into context within an inviting, practical presentation. A wealth of learning features and more than 30 all-new compelling cases examine a broad range of critical issues confronting managers today.
Engaging video cases, CengageNOW™ online learning tools, and a complete electronic business library help keep your study current and relevant. STRATEGIC MANAGEMENT: COMPETITIVENESS AND GLOBALIZATION provides the solid understanding you need to effectively apply strategic management tools and techniques for increased performance and tomorrow's competitive advantage.
Key Features
- Revised "VIDEO CASE." Each chapter features a video case that illustrates chapter concepts.
- CengageNOW™ online course management system gives you more control in less time and delivers better student outcomes. CengageNOW™ includes teaching and learning resources organized around lecturing, creating assignments, grading, quizzing, and tracking student progress and performance. Flexible assignment options include BizLX simulations, Video Cases, and Experiential Exercises. Automatic grading and a gradebook option provide more control while saving you valuable time. A Personalized Study diagnostic tool empowers students to master concepts, prepare for exams, and become more involved in class. CengageNOW™ can work with your current course management system, and in many cases can be integrated with your current course management system to provide a thorough experience for your students!
- Write experience for strategic management. Cengage Learning's Write Experience is a new technology that is the first in higher education to offer students the opportunity to improve their writing and analytical skills without adding to your workload. Offered through an exclusive agreement with Vantage Learning, creator of the software used for GMAT essay grading, Write Experience evaluates students' answers to a select set of assignments for writing for voice, style, format, and originality.
- This edition examines the impact of current global events and strategic trends. Give your students a better understanding of today's important current trends, contemporary events, and their impact on strategic management. Expanded coverage addresses the recent global economic climate, environmental sustainability, emerging markets, ethics and social responsibility, global strategy, cultural diversity, and similar topics, prompting dynamic class discussion and a practical focus that engages students. This continues to be the only book in the market with a separate chapter devoted to strategic entrepreneurship.
- Expert author team offers first-hand insights into today's management. As prestigious, active instructors and widely acknowledged experts in strategic management, these authors are able to share unique, first-hand insights into the use of strategic management tools, techniques, and concepts in business today. The authors use their experience to build a strong foundation from classic as well as contemporary research.
- Proven learning features and readable presentation inspires learning. This edition establishes a new standard for presenting strategic management knowledge. Fresh content throughout numerous learning features, such as "Strategic Focus" examples from leading international companies and "Strategy Right Now" callouts, clearly connect insightful research with applications. Learning aids, including Knowledge Objectives, Chapter Summaries, and Review Questions, further ensure student comprehension.
- Unique approach integrates today's most popular theoretical strategic management concepts. Whereas other books emphasize either the theory of industrial-organization economics or the resource-based view of the firm, this is the only book that carefully integrates both of these theoretical perspectives for a complete presentation that explains the strategic management process and its application in all types of organizations.
New to This Edition
- New chapter opening cases. These new cases set the stage for the engaging chapter topics.
- New "strategic focus" features scrutinize real strategy leaders in action. Fresh new "Strategic Focus" segments in this edition instantly emphasize the relevance of key concepts as students examine interesting, international strategy leaders from today's business world and the actual decisions they've implemented. Students explore how these decisions have impacted business strategy.
- New "experiential exercise." Each chapter features a new experiential exercise that asks students to apply what they've learned in the chapter.
- New "strategy right now" highlights strategic management in use today. "Strategy Right Now" features in each chapter highlight how companies are effectively using a strategic management tool, technique, or concept examined in the chapter. There are now four per chapter focused on the company or topics covered in the opening case, "Strategic Focus" boxes, and another major section of the chapter. Students link to the most current research and information about these organizations and topics using the Business Company and Resource Center (BCRC).
Contents
Part 1: STRATEGIC MANAGEMENT INPUTS.
- Chapter 1. Strategic Management and Strategic Competitiveness.
- Chapter 2. The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis.
- Chapter 3. The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages.
Part 2: STRATEGIC ACTIONS: STRATEGY FORMULATION.
- Chapter 4. Business-Level Strategy.
- Chapter 5. Competitive Rivalry and Competitive Dynamics.
- Chapter 6. Corporate-Level Strategy.
- Chapter 7. Merger and Acquisition Strategies.
- Chapter 8. International Strategy.
- Chapter 9. Cooperative Strategy.
Part 3: STRATEGIC ACTIONS: STRATEGY IMPLEMENTATION.
- Chapter 10. Corporate Governance.
- Chapter 11. Organizational Structure and Controls.
- Chapter 12. Strategic Leadership.
- Chapter 13. Strategic Entrepreneurship.
About the Authors
- 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. 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 Xi'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 University Distinguished Professor and holds the Conn Chair in New Ventures Leadership in the Mays Business School, Texas A&M University. He teaches strategic management courses at all levels. He has more than 200 publications.
Book Details
- Paperback: 480 pages
- Publisher: Cengage Learning; 11 edition (© 2015 | Published)
- Language: English
- ISBN-10: 1285425189
- ISBN-13: 978-1285425184
- Product Dimensions: 9.8 x 8 x 0.6 inches
- List Price: $ 219.95