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Exploring Corporate Strategy [Paperback]

Gerry Johnson (Author), Kevan Scholes (Author)
4.3 out of 5 stars  See all reviews (9 customer reviews)


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Book Description

0135256356 978-0135256350 February 1997
This book brings together the underlying concepts, analytical methods, processes of development and problems of corporate strategy, enabling readers to understand the role of corporate strategy within a variety of organizations and providing guidance in the formulation and implementation of strategy. Features include: an approach based on economic analysis and planning, and organizational decision-making within a social, political and cultural process; a strongly European/international perspective, with more than 60 company illustrations; an integrated treatment of the cultural context of strategy; coverage of the increasingly important issues of power and process of strategy, formulation and change; a case section comprising 17 studies. The text includes diagrams of key frameworks, chapter introductions, end-of-section work assignments, references and key readings. Features new to the fourth edition include: competences, core competences and links to the value chain; bases of stategy at corporate and business level; global aspects of strategic management; corporate parenting and control; strategic architecture; networks, allians and virtual organizations; the strategic importance of information; and mechanisms of strategic change.


Editorial Reviews

Review

"'New edition of a widely used and respected strategy textbook. Extensive teaching support.' " Dr Bruce Lloyd, Book Review Editor for LRP --This text refers to an out of print or unavailable edition of this title.

From the Back Cover

The sixth edition of internationally acclaimed strategy volume retains the established strengths of previous editions while updating and revising material to address today's corporate climate. The book builds on the practice of strategic management and blends theory with practice with case studies for experiential learning that allow readers to apply concepts and theories and build their own. The book emphasizes the importance of a clear analysis of the strategic situation facing the organization and a rational assessment of future options as it draws on the growing research and literature on decision-making processes within a political and cultural context. The volume comprehensively addresses the strategic position, strategic capability, expectations and purposes, corporate-and business-level strategy, directions and methods of development, strategy into action, and managing strategic change plus it includes extensive case studies. For managers and potential managers. --This text refers to an out of print or unavailable edition of this title.

Product Details

  • Paperback: 736 pages
  • Publisher: Prentice Hall (February 1997)
  • Language: English
  • ISBN-10: 0135256356
  • ISBN-13: 978-0135256350
  • Product Dimensions: 9.2 x 6.9 x 1.5 inches
  • Shipping Weight: 3 pounds
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #4,720,017 in Books (See Top 100 in Books)

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Customer Reviews

9 Reviews
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Average Customer Review
4.3 out of 5 stars (9 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

17 of 18 people found the following review helpful:
5.0 out of 5 stars An excellent introduction to Strategic Management, July 28, 2000
This is one of my favourite strategy texts. At first, I found this book fairly heavy reading. However, once I got deeper into the subject, I found it very useful (especially when I was studying for an MBA). I believe that the text provides the reader with a good grounding on strategic principles on which to build more specialist knowledge of the subject.

The text covers all the key steps of strategy development including analysis, selection and implementation. For each step, Johnson and Scholes also provides a number of techniques (including, PEST analysis, Porter's Diamond, Porter's Five Forces, Value Chain analysis, SWOT, Cultural Web, etc).

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11 of 13 people found the following review helpful:
5.0 out of 5 stars Best study book in Strategy currently available, May 28, 2000
When being midway in my MBA Strategy course, I bought this book. I've never regretted it, and it continues to be one of my favorites. In fact, I have many times wished I had it as my study litterature, as the authors manage to get thru a number of subjects in sufficient detail to make it understandable. I would recommend this book to anyone interested in the subject. If you're not interested in Strategy, skip this book, as they are very concentrated on making you understand and learn what they are discussing. In short, I won't trade this book for anything, it saved my hide a number of times during study and I keep getting back to it to refresh my memory or understand some finer points.
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5.0 out of 5 stars katz - CIMA, August 12, 2005
I am now at the final level of CIMA. In the previous level of CIMA I used this book for one of the papers.

This is one wonderfully written book on this dynamic subject. The authors explain cleary - and above all - in plain simple english the various ways in which strategies are formulated and implemented.

The book starts by giving an example of a merger between AOL and Time Warner and then proceeds to Introduce Strategy in broadest terms. In this chapter take a note of the Johnson and Scholes Strategic Management Model. This book totally builds upon this model. Frequently turning back to this model is a useful visual tool that helps you understand where you're heading towards.

The book covers the following areas:
1. Introduction to Strategy
2. Environmental Analysis
3. Corporate and Business Strategy
4. Implementing

Also this book gets the '5 stars' for the cases that are presented at the end of text. The cases at the end are great collection to test your knowledge.

This is the one book that every student of a strategy class will have to read. Also I believe that this book will never gather dust in any students shelves.

Hey stop thinking, stop scratching your head, Go get yourself an academic introduction to the corporate strategy world. Go now.
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Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
patient focus review, using shareholder value analysis, office products wholesaler, using value chain analysis, value creation logic, practical tool for managers, core competence analysis, strategic value analysis, portfolio matrices, panel builders, stakeholder mapping, parenting advantage, parenting opportunities, rival parents, cultural web, portfolio display, strategy development process, parent analysis, social responsibility issues
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Exploring Corporate Strategy, Harvard Business Review, Long Range Planning, New York, Incrementalism Plannin Enforce, The Boston, The Free Press, Area Director, Walt Disney, Health Networks, John Wiley, Strategy Development Questionnaire, Inbound Operations Outbound Marketing Service, New Zealand, Waitemata Health, Journal of Business Strategy, The Independent, The Economist, Small Total, High Medium Low Company, Price Waterhouse
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