This volume deals with the beginning of a new era in the theory of strategic management. New concepts and techniques are developed and the fundamentals of the content and the process of strategic management are questioned in depth. Using a resource-based perspective, the concept of core competence allows a proactive construction of competence, perceives competence as spanning multiple businesse…
Table Of Contents: Part 1. Introduction Chapter 1. Economics: foundations and models Chapter 2. Trade-Off, Comparative Advantage, and the Market System Chapter 3. Where Prices Come From: the interaction of demand and supply Chapter 4. Economic Efficiency, Government Price Setting, and Taxes Part 2. Markets in Action Chapter 5. Externalities, Environmental Policy, and Public Goods Ch…
Based on a study of 150 strategic moves spanning more than a hundred years and thirty industries, Kim and Mauborgne argue that tomorrow's leading companies will succeed not by battling competitors, but by creating "blue oceans" of uncontested market space ripe for growth. Such strategic moves - termed "value innovation" - create powerful leaps in value for both the firm and its buyers, renderin…
How do firms compete? How do firms earn above normal returns? What's needed to sustain superior performance long term? An increasingly powerful answer to these fundamental questions of business strategy lies in the concept of dynamic capabilities. These are the skills, processes, routines, organizational structures, and disciplines that enable firms to build, employ, and orchestrate intangible…
Table Of Contents : Part 1. Foundation of Management Chapter 1. Managing Chapter 2. The External Environment and Organizational Culture Chapter 3. Managerial Decision Making Part 2. Planning: Delivering Strategic Value Chapter 4. Planning and Strategic Management Chapter 5. Ethics and Corporate Responsibility Chapter 6. International Management Chapter 7. Entrepreneurship Part 3…