About the Book
Examine strategic management with the market-leading book that sets the standard as today's most intellectually rich, but practical analysis of strategic management. Written by award-winning instructors and prominent management scholars, Hitt/Ireland/Hoskisson/Harrison's STRATEGIC MANAGEMENT: COMPETITIVENESS AND GLOBALIZATION, 14E incorporates cutting-edge research and examples from more than 600 companies. This edition combines a classic industrial organization model with a resource-based view of the firm and a stakeholder perspective to demonstrate how businesses establish competitive advantages in the global market. You study how firms govern themselves, formulate and implement strategies that create value for stakeholders, use strategic alliances to enhance global competitiveness and meld strategic management and entrepreneurial behaviors for winning growth strategies. MindTap and Cengage Infuse online resources are also available to help you excel as a strategic leader.
Table of Contents:
Part I: STRATEGIC MANAGEMENT INPUTS.
1. Strategic Management and Strategic Competitiveness.
2. The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis.
3. The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages.
Part II: STRATEGIC ACTIONS: STRATEGY FORMULATION.
4. Business-Level Strategy.
5. Competitive Rivalry and Competitive Dynamics.
6. Corporate-Level Strategy.
7. Merger and Acquisition Strategies and Restructuring.
8. International Strategy.
9. Cooperative Strategy.
Part III: STRATEGIC ACTIONS: STRATEGY IMPLEMENTATION.
10. Corporate Governance.
11. Organizational Structure and Controls.
12. Strategic Leadership.
13. Strategic Entrepreneurship.
Part IV: CASE STUDIES.
C1 - Preparing an Effective Case Analysis.
20 Leading Business Cases.
About the Author :
Michael A. Hitt is a University Distinguished Professor Emeritus at Texas A&M University. Dr. Hitt received his Ph.D. from the University of Colorado. He has co-authored or co-edited 28 books and authored or co-authored numerous journal articles. A recent article lists him as one of the 10 most cited authors in management during a 25-year period and the Times Higher Education 2010 lists him among the top scholars in economics, finance and management, based on the number of highly cited articles he has authored. The Academy of Management Perspectives recognizes Dr. Hitt as one of the top two management scholars, based on the impact of his work in academia and beyond. The Academy of Management Learning and Education lists him as the highest cited author in strategic management texts. Dr. Hitt has served on the editorial review boards of multiple journals and is former editor of the Academy of Management Journal, former co-editor of the Strategic Entrepreneurship Journal and former editor-in-chief of Oxford Research Encyclopedia. He is a fellow in the Academy of International Business and is a fellow and former president of both the Academy of Management and the Strategic Management Society and. He has received honorary doctorates (Doctor Honoris Causa) from the Universidad Carlos III de Madrid and from Jonkoping University. He has received awards for the best article published in the Academy of Management Executive, Academy of Management Journal, Journal of Management and Family Business Review. He has received the Irwin Outstanding Educator Award, the Career Achievement Award for Distinguished Service and the Career Award for Distinguished Educator from the Academy of Management. He also received Distinguished Alumnus Awards from Texas Tech University and from the University of Colorado. R. Duane Ireland is a University Distinguished Professor Emeritus in Mays Business School, Texas A&M University, where he held the Benton Cocanougher Chair in Business. He has also served in various leadership roles, including head of the Department of Management, executive associate dean, acting dean and interim dean. Dr. Ireland taught strategic management courses at all educational levels. He has more than 200 publications, including approximately 25 books. His research focuses on diversification, innovation, corporate entrepreneurship, strategic entrepreneurship and the informal economy. He also has served on multiple editorial review boards and is a former editor of the Academy of Management Journal. He is also a former consulting editor for the Academy of Management Executive, and he has been a guest editor for 13 special issues of journals. Dr. Ireland is a past president of the Academy of Management. He is a fellow of the Academy of Management and the Strategic Management Society, and is a research fellow with the Global Consortium of Entrepreneurship Centers. The Academy of Management Learning and Education lists him as among the most highly cited authors in strategic management texts. He has received awards for the best article published in Academy of Management Executive, the Academy of Management Journal, and the Journal of Applied Management and Entrepreneurship. He received an Association of Former Students Distinguished Achievement Award for Research from Texas A&M University. For five years Thomson Reuters has identified Dr. Ireland as a Thomson Reuters Highly Cited Researcher (a list of the world’s most influential researchers). He has also received two Distinguished Service awards from the Academy of Management. Robert E. Hoskisson is the George R. Brown Emeritus Chair of Strategic Management at the Jesse H. Jones Graduate School of Business, Rice University. Dr. Hoskisson received his Ph.D. from the University of California-Irvine. His research topics focus on corporate governance, acquisitions and divestitures, corporate and international diversification and cooperative strategy. He teaches courses in corporate and international strategic management, cooperative strategy and strategy consulting. He has co-authored 34 books. Dr. Hoskisson has served on several editorial boards for such publications as the Strategic Management Journal (Associate Editor), Academy of Management Journal (Consulting Editor), Journal of International Business Studies (Consulting Editor), Journal of Management (Associate Editor), Organization Science and Journal of Management Studies (Special Issue Guest Editor). His research has appeared in more than 130 publications, including the Strategic Management Journal, Academy of Management Journal, Academy of Management Review, Organization Science, Journal of Management, Academy of Management Perspective, Academy of Management Executive, Journal of Management Studies, Journal of International Business Studies, Journal of Business Venturing, Leadership Quarterly, Organization Studies, Strategic Management Review, Entrepreneurship Theory and Practice, California Management Review and Journal of World Business. The Academy of Management Learning and Education lists him among the most highly cited authors in strategic management texts. He is also included in the Thomson Reuters Highly Cited Researcher list that catalogues the world’s most influential research scholars. Dr. Hoskisson is a fellow of the Academy of Management and a charter member of the Academy of Management Journal’s Hall of Fame. Jeffrey S. Harrison is a University Distinguished Educator, University Distinguished Scholar and the W. David Robbins Chair of Strategic Management at the Robins School of Business, University of Richmond. Prior to his current appointment, he served as the Fred G. Peelen Professor of Global Hospitality Strategy at Cornell University. Dr. Harrison earned his Ph.D. in strategic management from the University of Utah. Dr. Harrison’s research interests include stakeholder theory and strategic management. His work has been published in high impact academic journals such as Strategic Management Journal, Academy of Management Journal, Academy of Management Review, Journal of Management, Journal of Management Studies, Business Ethics Quarterly and Journal of Business Ethics. He has authored or co-authored 13 books. Dr. Harrison currently serves as section editor for Journal of Business Ethics. He also serves on several editorial boards, including the Strategic Management Journal and Business Ethics Quarterly. He has served as editor for special issues of several journals, including Academy of Management Journal, Academy of Management Review, Business and Society and Academy of Management Perspectives. In addition, he has served as chair of the Stakeholder Strategy Interest Group at the Strategic Management Society, a group he helped organize. He has co-organized several conferences in North America and Europe that have attracted experts from more than two dozen nations. In addition, Dr. Harrison has provided consulting and executive training services to many organizations in the U.S. and South America on a wide range of strategic, entrepreneurial and other business issues. His clients have included Lockheed Martin, Siemens Westinghouse, American Express, Southdown and Volvo Group North America.
