Strategy: Theory and Practice

Written by an expert team and praised for its refreshing approach, this essential text offers a critical, holistic understanding of strategy theory and practice. The fourth edition has been fully updated to include: • Coverage of contemporary issues including the Covid-19 pandemic, climate change and digitalization • Topical and engaging case studies such as Disney’s Strategy and Covid-19, Netflix Versus Amazon: Dynamic Capabilities for Global Success, and PS5, Xbox and BMW: Chips and Supply Chains • A wealth of new examples of strategy in practice from world-renowned organisations such as Google, Uniqlo, Tesla, IKEA, and Airbnb Suitable for both undergraduate and postgraduate study, Strategy: Theory and Practice encourages readers to engage critically with the internal and external factors that shape strategy in the real world. A selection of tried and tested online resources, including a teaching guide, PowerPoints, an online case study bank and test bank of questions have been developed to support lecturers using the book in their teaching.  Stewart Clegg is Professor at the University of Sydney, Emeritus Professor at the University of Technology Sydney, and Visiting Professor at the University of Stavanger, University of Johannesburg, and Nova School of Business and Economics. Christos Pitelis is Head of Department of International Business and Professor of International Business and Sustainable Competitiveness at the University of Leeds, and Life Fellow at Queens’ College, University of Cambridge. Jochen Schweitzer is an Associate Professor at the University of Technology Sydney. Andrea Whittle is Professor of Management at Newcastle University Business School.

Table of Contents:
Chapter 1 Strategy: Theory and Practice – An Introduction Chapter 2 Strategy, Industry Competitive Forces and Positioning Chapter 3 Strategy, Resources and Capabilities Chapter 4 Strategy and Innovation Chapter 5 Strategy: Make or Buy? Chapter 6 Strategy and Collaboration Chapter 7 Strategy: Going Global Chapter 8 Strategy and Corporate Governance Chapter 9 Strategy Processes Chapter 10 Strategy as Practice Chapter 11 Strategy and Organizational Politics Chapter 12 Strategic Change

About the Author :
Stewart Clegg is Professor at the University of Sydney in the School of Project Management and the John Grill Institute for Project Leadership and an Emeritus Professor of the University of Technology Sydney.  Christos Pitelis is Head of Department of International Business, Professor of International Business and Sustainable Competitiveness, University of Leeds and Life Fellow, Queens’ College, University of Cambridge.  He is co-editor of the Cambridge Journal of Economics, a member of the Cambridge Political Economy Society and the literary executor of the collected papers of Edith Penrose. He has also coordinated projects, taught, consulted, trained, and designed policies for international organizations, national governments and regions, NGOs and businesses. He was International Expect of the European Commission Networking for Innovation (NETWIN) program on innovation clusters.   Jochen Schweitzer is an Associate Professor at the University of Technology Sydney (UTS). Trained as both an engineer and a social scientist, his research on issues of strategy, entrepreneurship and innovation with a particular interest in design thinking and emerging technologies. Jochen also serves as the Faculty Director of UTS’s Executive MBA and Bachelor in Entrepreneurship (Honours) programs. He was Visiting Scholar at Stanford University and Hasso Plattner Institute (HPI) School of Design Thinking at Potsdam University. Jochen is a winner of the Strategic Management Societies’ Best Paper Award, and he received Honourable Mention by the Strategic Management Division of the Academy of Management. Jochen is a passionate educator who has taught at universities in the UK, Japan, China, the US, Germany, Netherlands and New Zealand. Before becoming an academic, Jochen was Principal at PwC’s European Strategy Consulting practice. Andrea Whittle is Professor of Management at Newcastle University Business School. Andrea’s academic interest in strategy started without any plan or intention, like many strategies also emerge. First, in her doctoral research, she became fascinated with the social, political, material and discursive practices through which the group of management consultants she was studying sought to influence the strategic direction of the firm. Since then, she has conducted research on strategic change in a number of organizational settings as well as studying how the strategies of firms are scrutinized by the media and politicians. The common theme in her research is the role of discourse in shaping how people and societies make sense of organizations and the strategies they pursue.