Contemporary Strategy Analysis, 10ed (An Indian Adaptation)

Description

Contemporary Strategy Analysis focuses on strategic analysis, value creation, and implementation. This book provides a rigorous grounding in essential principles while offering up-to-date perspectives based on practices used at leading companies across industries and borders. The book’s comprehensive coverage merges theory and application through new and updated cases, and the discussion surrounding business strategy and the business environment links concept to context for a holistic understanding of how strategy is formulated and executed.

About the Author

Robert M. Grant is Professor of Strategic Management at Bocconi University, Milan, Italy and a Visiting Professor at Cass Business School, London. He was born in Bristol, England and has taught at Georgetown University, London Business School, University of British Columbia, California Polytechnic, UCLA, Insead, and University of South Africa.

P. D. Jose is a Professor in the Strategy Area at IIM Bangalore. Prior to joining IIMB, he was a member of the faculty at the Administrative Staff College of India, Hyderabad.

Sai Yayavaram joined IIM Bangalore as an Associate Professor in the Strategy Area in July 2013. Prior to joining IIM Bangalore, he was with the National University of Singapore for nine years. He worked as a consultant in the Tata Strategic Management Group, Bombay from 1994-98.

Rejie George Pallathitta is a Professor in the Strategy Area at IIM Bangalore.

Table of Contents

Book Review

Part I Introduction

1 The Concept of Strategy

Introduction and Objectives
The Role of Strategy in Success
The Basic Framework for Strategy Analysis
A Brief History of Business Strategy
Strategy Today
How is Strategy Made? The Strategy Process
Strategic Management of Not-For-Profit Organizations

Part II The Tools Of Strategy Analysis

2 Goals, Values, and Performance

Introduction and Objectives
Strategy as a Quest for Value
Profit, Cash Flow, and Enterprise Value
Putting Performance Analysis into Practice
Beyond Profit: Values and Corporate Social Responsibility
Beyond Profit: Strategy and Real Options

3 Industry Analysis: The Fundamentals

Introduction and Objectives
From Environmental Analysis to Industry Analysis
Analyzing Industry Attractiveness
Applying Industry Analysis to Forecasting Industry Profitability
Using Industry Analysis to Develop Strategy
Defining Industries: Where to Draw the Boundaries
From Industry Attractiveness to Competitive Advantage: Identifying Key Success Factors

4 Further Topics in Industry and Competitive Analysis

Introduction and Objectives
The Limits of Industry Analysis
Beyond the Five Forces: Ecosystems and Business Models
Competitive Interaction: Game Theory and Competitor Analysis
Segmentation and Strategic Groups

5 Analyzing Resources and Capabilities

Introduction and Objectives
The Role of Resources and Capabilities in Strategy Formulation
Identifying Resources and Capabilities
Appraising Resources and Capabilities
Developing Strategy Implications

6 Organization Structure and Management Systems: The Fundamentals of Strategy Implementation

Introduction and Objectives
Strategy Formulation and Strategy Implementation
The Fundamentals of Organizing: Specialization, Cooperation, and Coordination
Developing Organizational Capability
Organization Design

Part III Business Strategy And The Quest For Competitive Advantage

7 The Sources and Dimensions of Competitive Advantage

Introduction and Objectives
How Is Competitive Advantage Established?
How Is Competitive Advantage Sustained?
Cost Advantage
Differentiation Advantage
Can Firms Pursue Both Cost and Differentiation Advantage?

8 Industry Evolution and Strategic Change

Introduction and Objectives
The Industry Life Cycle
The Challenge of Organizational Adaptation and Strategic Change
Managing Strategic Change

9 Technology-Based Industries and the Management of Innovation

Introduction and Objectives
Competitive Advantage in Technology-Intensive Industries
Strategies to Exploit Innovation: How and When to Enter
Standards, Platforms, and Network Externalities
Implementing Technology Strategies: Internal and External Sources of Innovation
Implementing Technology Strategies: Organizing for Innovation

Part IV Corporate Strategy

10 Vertical Integration and the Scope of the Firm

Introduction and Objectives
Transaction Costs and the Scope of the Firm
The Benefits and Costs of Vertical Integration
Designing Vertical Relationships

11 Global Strategy and the Multinational Corporation

Introduction and Objectives
Implications of International Competition for Industry Analysis
Analyzing Competitive Advantage in an International Context
Internationalization Decisions: Locating Production
Internationalization Decisions: Entering a Foreign Market
Multinational Strategies: Global Integration versus National Differentiation
Implementing International Strategy: Organizing the Multinational Corporation

12 Diversification Strategy

Introduction and Objectives
Motives for Diversification
Competitive Advantage from Diversification
Diversification and Performance
The Meaning of Relatedness in Diversification

13 Implementing Corporate Strategy: Managing the Multibusiness Firm

Introduction and Objectives
The Role of Corporate Management
Managing the Corporate Portfolio
Managing Linkages Across Businesses
Managing Individual Businesses
Managing Change in the Multibusiness Corporation
Governance of Multibusiness Corporations

14 External Growth Strategies: Mergers, Acquisitions, and Alliances

Introduction and Objectives
Mergers and Acquisitions
Strategic Alliances

15 Current Trends in Strategic Management

Introduction
The New Environment of Business
New Directions in Strategic Thinking
Redesigning Organizations
The Changing Role of Managers

Cases To Accompany Contemporary Strategy Analysis, 10th Edition (Indian Adaptation)

1. Kering SA: Probing the Performance Gap with LVMH

2. The Indian Sugar industry: Is it Sweet Enough?

3. The Lithium-Ion Battery Industry

4. Walmart Inc. in 2018: The World’s Biggest Retailer Faces New Challenges

5. Harley-Davidson, Inc. in 2018

6. BP: Organizational Structure and Management Systems

7. New Dawn at Bank of Baroda: Project Navoday

8. Starbucks Corporation, March 2018

9. Mother Earth: Great Design, Great Values

10. Eastman Kodak’s Quest for a Digital Future

11. The New York Times: Adapting to the Digital Revolution

12. Tesla: Disrupting the Auto Industry

13. Video Game Console Industry in 2018

14. Zara : Super-Fast Fashion

15. Manchester City: Building a Multinational Soccer Enterprise

16. Haier Group: Internationalization Strategy

17. Balaji Telefilms Limited

18. Google Is Now Alphabet—But What’s the Corporate Strategy?

19. Restructuring General Electric

20. Bank of Baroda: Governance Challenges in a Public Sector Undertaking

21. The Water Wars: Colas and Sustainability in the Twenty-First Century

22. W. L. Gore & Associates: Rethinking Management

Glossary

Index