The strategy concept and process a pragmatic approach

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Hauptverfasser: Hax, Arnoldo C. (VerfasserIn), Majluf, Nicolas S. (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Upper Saddle River, NJ Prentice Hall 1996
Ausgabe:2. ed.
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Datensatz im Suchindex

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adam_text Contents Preface xm Part I Strategy and Process 1 The Concept of Strategy and the Strategy Formation Process 1 The Various Dimensions of the Concept of Strategy 2 Toward a Unified Concept of Strategy 12 The Strategy Formation Process 15 A Typology of Strategy Formation 18 Profiling and Diagramming the Concept of Strategy and the Strategy Formation Process 19 2 A Formal Strategic Planning Process 24 The Three Perspectives of Strategy: Corporate, Business, and Functional 24 The Strategic Planning Process: Integrating the Three Perspectives 28 The Merits of Formal Strategic Planning 32 Avoiding the Limitations of Formal Strategic Planning 33 Managing by Strategy 37 • • Vll Part II Business Strategy 3 Business Strategy: The Core Concepts 43 The Concept of Strategic Business Unit 43 Interrelationship across Strategic Business Units 45 The Fundamental Elements of the Definition of a Business Strategy 46 4 The Mission of the Business 50 A Process for Defining the Mission of the Business: An Illustration 51 5 Environmental Scan at the Business Level 66 Definition of Industry 66 Definition of Industry and Competitive Analysis 67 Structural Analysis of Industries: The Five Forces Model 67 Two Illustrations of the Structural Analysis of Industries: Pharmaceuticals and Engineering Polymers 75 Further Comments on the Five Forces Model 78 Environmental Scan at the Business Level Based on External Factors Analysis 91 A Process for Profiling the Industry Attractiveness ivith the Five Forces Model: An Illustration 91 Strategic Group Analysis 97 The Financial Statement Analysis Framework 104 6 Internal Scrutiny at the Business Level 118 The Value Chain 118 Illustration of the Value Chain: Merck in the Pharmaceutical Industry 121 Generic Competitive Strategies 123 The Engineering Polymers Example Revisited 125 A Process for Profiling the Competitive Positioning of a Business: An Illustration 127 viii Contents 7 The Formulation of the Business Strategy 141 A Process for Formulating Business Strategy: An Illustration 142 8 Strategic and Economic Evaluation of the Merits of a Strategy 158 The Positioning Sustainability Valuation Fkxibility Framework 159 Strategic Evaluation of the Merck Medco Acquisition 162 Part HI Corporate Strategy 9 Corporate Strategy: The Core Concepts 184 Strategic Tasks at the Corporate Level 184 The Fundamental Elements in the Definition of Corporate Strategy 189 10 Environmental Scan at the Corporate Level 194 A Process for Performing the Environmental Scan at the Corporate Level 195 11 The Mission of the Firm 203 Alternatives for Growth and Diversification: A Guide to Assessing the Future Scope of the Firm 204 Defining the Mission of the Firm: The Cases ofNKK and P G 207 12 Business Segmentation 216 The Core Competence and the Challenge to the SBU Concept 218 Matching Organizational Structure and Business Segmentation 221 Making Explicit the Business Segmentation 225 Contents ix 13 Horizontal Strategy 225 Interrelationship among Business Units 226 Identification of Sources of Interrelationships: Some Illustrations 231 Configuration of Activities of the Value Chain: The Case of the Telecommunications Equipment Industry Worldunde 236 Organization and Managerial Infrastructure for Horizontal Strategy 239 14 Vertical Integration 242 Characterization of Vertical Integration 242 Benefits and Costs of Vertical Integration 244 Conceptual Frameworks for Vertical Integration 246 A Methodology for Linking Horizontal Strategy and Vertical Integration 249 15 Corporate Philosophy 254 Methodology for a Diagnosis of Corporate Philosophy 255 Summary of the Corporate Internal Scrutiny: The Strengths and Weaknesses of the Firm 261 16 Strategic Posture of the Firm 264 Corporate Strategic Thrusts: The Agenda, the Assignment of Responsibilities, and the Measures of Control 264 Corporate Strategic Thrusts: Some Illustrations 266 Corporate Performance Objectives 268 17 Resource Allocation and Portfolio Management 276 Sources of Value Creation 278 Measuring the Contribution to Value Creation 279 X Contents The Relationship Between Profitability and Growth 281 Factors Affecting the Market Value of the Firm 282 The Market to Book Value versus Spread 286 The Market to Book Value Ratio versus Economic to Book Value Ratio (M/B vs. E/B) 293 The Profitability Matrix 295 Portfolio Matrices 301 Contribution of Portfolio Approaches to Strategic Planning 312 The Process of Resource Allocation 313 Par t IV Functional Strategy 18 Functional Strategy: The Core Concepts 323 Functional Benchmarking 323 Functional Capabilities and Business Process Reengineering 324 Functional Segmentation: Selecting the Relevant Focuses of Analysis 325 The Fundamental Elements of the Definition of a Functional Strategy 327 Functional Interactions and the Need for Better Coordination across Functions 330 Functional Strategic Decisions and Performance Measurements 331 A Methodology for the Development of Functional Strategies 336 19 Human Resources Strategy 347 Strategic Decision Categories Linked to Human Resources Management 348 Congruency of the Human Resources Management Strategy 352 A Framework for Strategic Decision Making in Human Resources Management: An Illustration 354 Contents XI 20 Technology Strategy 360 A Framework for the Development of Technology Strategy 360 Appendix: Masscalc—A High Performance Computer Company 373 21 Manufacturing Strategy 376 Manufacturing Strategic Performance Measures 376 Strategic Decision Categories in Manufacturing 378 Glossary 397 References 423 Index 431 Xli Contents
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author Hax, Arnoldo C.
Majluf, Nicolas S.
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publishDate 1996
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record_format marc
spellingShingle Hax, Arnoldo C.
Majluf, Nicolas S.
The strategy concept and process a pragmatic approach
Planificación estratégica
Planification stratégique ram
Strategische planning gtt
Strategic planning
Strategisches Management (DE-588)4124261-0 gnd
subject_GND (DE-588)4124261-0
title The strategy concept and process a pragmatic approach
title_auth The strategy concept and process a pragmatic approach
title_exact_search The strategy concept and process a pragmatic approach
title_full The strategy concept and process a pragmatic approach Arnoldo C. Hax ; Nicolas S. Majluf
title_fullStr The strategy concept and process a pragmatic approach Arnoldo C. Hax ; Nicolas S. Majluf
title_full_unstemmed The strategy concept and process a pragmatic approach Arnoldo C. Hax ; Nicolas S. Majluf
title_short The strategy concept and process
title_sort the strategy concept and process a pragmatic approach
title_sub a pragmatic approach
topic Planificación estratégica
Planification stratégique ram
Strategische planning gtt
Strategic planning
Strategisches Management (DE-588)4124261-0 gnd
topic_facet Planificación estratégica
Planification stratégique
Strategische planning
Strategic planning
Strategisches Management
url http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=007342568&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
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