Division: Higher Education
Pub Date: MAR-14
: In Stock
|Strategic Management: Text and Cases, Global Edition
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|About the book|
Strategic Management: Creating Competitive Advantage, Seventh Edition, written by the well respected authors Dess/Lumpkin/Eisner/McNamara provide solid treatment of traditional topics in strategic management as well as thorough coverage of contemporary topics such intellectual assets, entrepreneurship, innovation, knowledge management, internet strategies, crowdsourcing, environmental sustainability. The accessible writing style and wealth of new and updated illustrations, which clarify the most difficult topics, make this title an excellent resource for your students.
Strategic Management, sometimes called Business Policy or Capstone is taken by all undergraduate business majors and MBA students during their senior year. The nature of the course is cross-functional, blending topics from the management, marketing, finance, and economic disciplines.
In addition to the text chapters (concepts), many instructors rely heavily on the case teaching method, making the cases an important factor in the decision-making process. Simulations and readings are also popular.
Dess Story: “Strong enough for the professor, but made for the student!”
- Its modern approach to strategy provides solid treatment of traditional topics in strategic management as well as contemporary topics such as intellectual assets, entrepreneurship, innovation, knowledge management, and internet strategies.
- The author puts together his own value added/ prep-time reducing Instructor Manual and Test Bank!
- Learning from Mistakes vignettes, a unique feature in this market, open every chapter. Students love learning from mistakes, and this is a very effective way to teach new concepts.
- Reflecting on Career Implications, before the Summary of each chapter, provide a direct connection between where strategic management concepts and students current job or career. This relevancy motivates students to learn course materials.
LearnSmart™ Available in Beta for Spring 2014. LearnSmart ensures your students are learning faster, studying more efficiently, and retaining more knowledge. It pinpoints concepts the student does not understand and maps out a personalized study plan for success. Based on students' self-diagnoses of their proficiencies, LearnSmart intelligently provides students with a series of adaptive questions. This provides students with a personalized one-on-one tutor experience.
SmartBook™! Available in Beta Spring 2014. Fueled by LearnSmart – the most widely used and intelligent adaptive learning resource proven to advance learning since 2009 – SmartBook is the first and only adaptive reading experience available today. Distinguishing what a student knows from what they don't, and honing in on concepts they are most likely to forget, SmartBook personalises content for each student in a continuously adapting reading experience. Reading is no longer a passive and linear experience, but an engaging and dynamic one where students are more likely to master and retain important concepts, coming to class better prepared. Valuable reports provide instructors insight as to how students are progressing through textbook content, useful for shaping in-class time or assessment.
New Issue for Debate feature – New feature for the 7th edition, the Issue for Debate feature provides a situation that has viable alternate points of view with suggested answers in the Instructor's Manual. It is an exciting way to drive home key strategy concepts. Examples include:
Ch.1, Seventh Generation is faced with a situation that confronts their values, and they must decide whether or not to provide their products to some of their largest customers; New content on “Hard Trends” and “Soft Trends” in Chapter 2. Articulated by Dan Burrus in his book, Flash Foresight, this distinction is very important in deterring the importance of current trends and their evolution over time.
Ch. 3, some interesting tradeoffs arise when The World Triathlon Corporation expanded their exclusive branding of Ironman to products that don't represent the spirit of the brand;
Ch.6, Delta Airlines diversification into the oil business via their acquisition of an oil refinery.
New Learning from Mistakes – All of The Learning from Mistakes features are new to the 7th edition! Unique to this text, these vignettes are all examples of what can go wrong, and they serve as an excellent vehicle for clarifying and reinforcing strategy concepts – suggested answers provided in the Instructor's Manual. After all, what can be learned if one simply admires perfection!
New Strategy Spotlights (sidebar examples)- more than half of all Strategy Spotlight examples are new, and others have been thoroughly revised for this new edition. These spotlights focus on bringing the most important strategy concepts to life in a concise and highly readable manner. Examples include: Mayo Clinic's Transformation into a Knowledge Organisation (pg. 42); The Economic Crisis in Europe (pg. 7); The Business Case for Sustainability (pg. 180); and The use of “Soft” Power at Siemens (pg. 405)
New and Updated Exhibits – New exhibits have been added in the text and many have been revised and updated. This aids in the learning process and improves visual appeal. To further enhance readability and impact, the authors have worked hard to write short paragraphs and provide many indented examples throughout the book
Updated Case Lineup – This edition provides 7 new cases and 29 cases have been updated significantly to “maximise freshness” and minimise instructor preparation. In the Seventh Edition, about half of the 36 cases are author-written. New cases include: Backers Beware: Kickstarter Is Not a Store; Wind's Up! Competing in the Windsurfing Industry; Campbell: Is the Soup Still Simmering?; Beiersdorf AG: Expanding Nivea's Global Reach; The Boston Beer Company; Louis Vuitton; and Zynga.
Connect Plus™ Management (ISBN-13: 9780077636104) gives students access to an integrated, media-rich eBook, allowing for anytime, anywhere access to the textbook. With each homework problem directly mapped to the topic in the book, the student is only one click away from the textbook, with the ability to highlight and take notes. The eBook also includes a powerful search function that allows students to quickly scan the entire book for relevant topics. To order Connect Plus in a bundle with the book, contact your sales representative for the ISBN. Connect Plus is also available as a standalone access card, available for bookstore purchase, or directly online.
Binder Ready Loose-Leaf Text (ISBN: 9780077636142) – This full featured text is provided as an option to the price sensitive student. It is a full 4 color text that's three whole punched and made available at a discount to students.
Connect ® Management is an online assignment and assessment solution that connects students with the tools and resources they'll need to achieve success. McGraw-Hill Connect Management helps prepare students for their future by enabling faster learning, more efficient studying, and higher retention of knowledge. Connect Management offers you and your students powerful tools and features that optimise your time and energies, enabling you to focus on course content, teaching, and student learning. Connect Management also offers a wealth of content resources for both instructors and students. For more information about Connect, go to www.mcgrawhillconnect.com, or contact your local McGraw-Hill representative for access to an instructor account. Connect Management includes:
Interactive Applications exercises drill students in the use of application of concepts and tools of strategic analysis.
Case Exercises – Available for 12 cases. Case Exercises are tailored to the circumstances presented in each case; it calls upon students to strategic analysis to arrive at pragmatic, analysis-based action recommendations for improving company performance.
Additionally, there will be Financial Analysis exercises related to the case exercises that use an IRT format (intelligent response technology) where students will be able to enter many calculations into a table format further testing their case analysis.
Focus on ethics, environmental sustainability, and crowdsourcing – Delivered via Strategy Spotlights, Strategic Management now emphasises these issues that are critical in today's leading-edge organisations.
Traditional Organising Framework– The traditional organising framework includes crisply-written chapters that address contemporary topics. Strategic Management is divided into chapters in the traditional sequence: analysis, formulation, and implementation.
Clear, Concise, and Timely – Key strategic concepts are introduced in a clear and concise manner and followed by timely and interesting examples from business practice. These concepts include Porter's five-forces, the value chain, the resource based view of the firm, competitive advantage, boundary-less organisations, digital strategies, ethics, corporate governance, and entrepreneurship.
Implications for Small Businesses – Many key text concepts are applied to start-up firms and smaller businesses. This is particularly important and relevant given the fact that many students will begin their professional careers in just these kinds of smaller firms.
Author-Prepared, Prep-Time Reducing Instructor Manual and Revised Test Bank by Christine Pence of the University of California 'Riverside'. The authors prepare their own Instructor Manual and Test Bank with the primary goal to save instructors prep time. While many books outline or summarise the text materials, Dess/Lumpkin/Eisner/McNamara focus on “value added” materials. Each chapter includes many suggested questions to spur in-class discussion as well as three teaching tips for each chapter to further stimulate debate and practical applications of course concepts. In addition, there are many examples and “war stories” to provide illustrations of key concepts – that are not found in the text. Reviewers consistently rate the Dess IM the best one available in this market.
Revised! Reflecting on Career Implications – Every chapter provides 4 – 6 examples on how understanding of key concepts helps business students early in their careers. This unique feature, located before the Summary of each chapter, shows students the immediate relevance and value of studying and understanding strategy concepts.
Strategy Simulations: The Business Strategy Game & GLO-BUS are Fun, Easy and Effective. Both BSG & GLO-BUS empower students to design a strategy aimed at winning a competitive advantage for their company in head-to-head competition against companies run by their classmates. Students apply textbook and lecture concepts while battling for market share and industry leadership. Both simulations are global in nature and have conceptually-strong Assurance of Learning Reports that can be used to support accreditation by such bodies as the AACSB and ACBSP. For more information, a virtual tour, or to sign up for live demo with the simulation authors, please visit www.mhhe.com/thompsonsims.
- The Business Strategy Game (BSG) is McGraw-Hill Irwin's online strategy simulation modeled around the athletic footwear industry. Students' strategy and decision-making skills are put to the test as they develop business plans and compete against each other for market share. In BSG, production occurs in multiple plants, there are 12 market segments, inventory must be managed at 4 distribution centers, and players work to develop a sales forecast based on their competitive strategy while always keeping their rivals in mind. BSG is a contemporary high-tech strategy simulation students readily identify with and understand. Please visit: http://www.bsg-online.com to learn more.
- GLO-BUS is McGraw-Hill/Irwin's online strategy simulation modeled around the digital camera industry. Students' strategy- and decision-making skills are put to the test as they develop business plans and compete against each other for market share. GLO-BUS is less complex than McGraw-Hill/Irwin's Business Strategy Game (BSG). In GLO-BUS, production occurs in a single plant, there are 8 market segments, there is no inventory to manage since cameras are built-to-order and shipped, and sales forecasting is simpler. There are also less decision variables, which allow instructors the flexibility to incorporate more cases into the class. GLO-BUS is a contemporary high-tech strategy simulation students readily identify with and understand. Please visit: http://www.glo-bus.com to learn more.
Tegrity Campus is a service that makes class time available all the time by automatically capturing every lecture in a searchable format for students to review when they study and complete assignments. With a simple one-click start and stop process, you capture all computer screens and corresponding audio. Students can replay any part of any class with easy-to-use browser-based viewing on a PC or Mac. Tegrity Campus is available stand-alone or within Connect.
Blackboard Partnership – McGraw-Hill and Blackboard have teamed up to simplify your life. Now you and your students can access Connect and Create right from within your Blackboard course – all with one single sign-on. The gradebooks are seamless, so when a student completes an integrated Connect assignment, the grade for that assignment automatically (and instantly) feeds your Blackboard grade center. Learn more at www.domorenow.com.
MHCampus™: McGraw-Hill Campus™ is a new one-stop teaching and learning experience available to users of any learning management system. This institutional service allows faculty and students to enjoy single sign-on (SSO) access to all McGraw-Hill Higher Education materials, including the award winning McGraw-Hill Connect platform, from directly within the institution's website. McGraw-Hill Campus™ provides faculty with instant access to all McGraw-Hill Higher Education teaching materials (e.g. eTextbooks, test banks, PowerPoint slides, animations and learning objects, etc), allowing them to browse, Search, and use any instructor ancillary content in our vast library at no additional cost to instructor or students. Students enjoy SSO access to a variety of free (e.g. quizzes, flash cards, narrated presentations.) and subscription based products (e.g. McGraw-Hill Connect). With this program enabled, faculty and students will never need to create another account to access McGraw-Hill products and services. Learn more at www.mhcampus.com.
CREATE, our Custom Textbook Option - Craft your teaching resources to match the way you teach! With McGraw-Hill Create, www.mcgrawhillcreate.com, you can easily rearrange chapters, combine material from other content sources, and quickly upload content you have written like your course syllabus or teaching notes. Find the content you need in Create by searching through thousands of leading McGraw-Hill textbooks. Arrange your book to fit your teaching style. Create even allows you to personalise your book's appearance by selecting the cover and adding your name, school, and course information. Order a Create book and you'll receive a complimentary print review copy in 3 – 5 business days or a complimentary electronic review copy (eComp) via email in about one hour. Go to www.mcgrawhillcreate.com today and register. Experience how McGraw-Hill Create empowers you to teach your students your way.
Assurance of Learning Ready -
Many educational institutions today are focused on the notion of assurance of learning, an important element of some accreditation standards. Strategic Management is designed specifically to support your assurance of learning initiatives with a simple, yet powerful solution. Each test bank question for Strategic Management maps to a specific chapter learning outcome/objective listed in the text. You can use our test bank software, EZ Test and EZ Test Online, or in Connect Management to easily query for learning outcomes/objectives that directly relate to the learning objectives for your course. You can then use the reporting features of EZ Test to aggregate student results in similar fashion, making the collection and presentation of assurance of learning data simple and easy.
AACSB Statement - The McGraw-Hill Companies is a proud corporate member of AACSB International. Understanding the importance and value of AACSB accreditation, this text recognises the curricula guidelines detailed in the AACSB standards for business accreditation by connecting selected questions in the test bank to the six general knowledge and skill guidelines in the AACSB standards.
The statements contained in this text are provided only as a guide for the users of this textbook. The AACSB leaves content coverage and assessment within the purview of individual schools, the mission of the school, and the faculty. While Strategic Management and the teaching package make no claim of any specific AACSB qualification or evaluation, we have within Strategic Management, labeled selected questions according to the six general knowledge and skills areas.
|About the authors|
Gregory G. Dess is the Andrew R. Cecil Endowed Chair in Management at the University of Texas at Dallas. His primary research interests are in strategic management, organization–environment relationships, and knowledge
management. He has published numerous articles on these subjects in both academic and practitioneroriented journals. He also serves on the editorial boards of a wide range of practitioner-oriented and academic journals. In August 2000, he was inducted into the Academy of Management Journal ’s Hall of Fame as one of its charter members. Professor Dess has conducted executive programs in the United States, Europe, Africa, Hong Kong, and Australia. During 1994 he was a Fulbright Scholar in Oporto, Portugal. In 2009, he received an honorary doctorate from the University of Bern (Switzerland). He received his PhD in Business Administration from the University of Washington(Seattle) and a BIE degree from Georgia Tech.
G.T. (Tom) Lumpkin
G. T. (Tom) Lumpkin is the Chris J. Witting Chair and Professor of Entrepreneurship at Syracuse University in New York. Prior to joining the faculty at Syracuse, Tom was the Kent Hance Regents Endowed Chair and Professor of Entrepreneurship at Texas Tech University. His research interests include entrepreneurial orientation, opportunity recognition, strategy-making processes, social entrepreneurship, and innovative forms of organizing work. He has published numerous research articles in journals such as Strategic Management Journal, Academy of Management Journal, Academy of Management Review, Journal of Business Venturing, and Entrepreneurship: Theory and Practice. He is a member of the editorial review boards of Strategic Entrepreneurship Journal, Entrepreneurship Theory
& Practice, and the Journal of Business Venturing. He received his PhD in management from the University of Texas at Arlington and MBA from the University of Southern California.
Alan B. Eisner is Professor of Management and Department Chair, Management and Management Science Department, at the Lubin School of Business, Pace University. He received his PhD in management from the Stern School of Business, New York University. His primary research interests are in strategic management, technology management, organizational learning, and managerial decision making. He has published research articles and cases in journals such as Advances in Strategic Management, International Journal of Electronic Commerce, International Journal of Technology Management, American Business Review, Journal of Behavioral and Applied Management, and Journal of the International Academy for Case Studies. He is the former Associate Editor of the Case Association’s peer reviewed journal, The CASE Journal.
Gerry McNamara is a Professor of Management at Michigan State University. He received his PhD from the Carlson School of Management at the University of Minnesota. His research focuses on strategic decision making, organizational risk taking, and mergers and acquisitions. His research has been published in numerous journals, including the Academy of Management Journal, Strategic Management Journal, Organization Science, Organizational Behavior and Human Decision Processes, Journal of Management, and Journal of International Business Studies. His research on mergers and acquisitions has been abstracted in the New York Times, Bloomberg Businessweek, The Economist, and Financial Week. He is currently an Associate Editor for the Academy of Management Journal.
|Table of contents|
Part One: Strategic Analysis
Chapter 1- Strategic Management: Creating Competitive
Chapter 2- Analyzing the External Environment of
the Firm: Creating Competitive Advantages
Chapter 3- Assessing the Internal Environment
of the Firm
Chapter 4- Recognizing a Firm’s Intellectual Assets:
Moving beyond a Firm’s Tangible
Part Two: Strategic Formulation
Chapter 5- Business-Level Strategy: Creating and
Sustaining Competitive Advantages
Chapter 6- Corporate-Level Strategy: Creating
Value through Diversification
Chapter 7- International Strategy: Creating Value
in Global Markets
Chapter 8- Entrepreneurial Strategy
and Competitive Dynamics
Part Three: Strategic Implementation
Chapter 9- Strategic Control and Corporate
Chapter 10- Creating Effective Organizational Designs
Chapter 11- Strategic Leadership: Creating a Learning
Organization and an Ethical Organization
Chapter 12- Managing Innovation and Fostering
Part Four: Case Analysis
Chapter 13- Analysing Strategic Management Case