Behavioral strategic management

Cognition & strategy -- Purpose -- Environment -- Generic strategies and how to implement them -- Firm capabilities -- Industry life cycles -- Technology and its impact on industries -- Vertical integration & diversification -- International strategies -- Organization and strategy

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Hauptverfasser: Bromiley, Philip 1952- (VerfasserIn), Rau, Devaki (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: New York and London Routledge, Taylor & Francis Group 2018
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Datensatz im Suchindex

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adam_text BRIEF CONTENTS List of Figures xvi Preface xvii t ;HAPTER 1 Cognition and Strategy 1 CHAPTER 2 Purpose 15 CHAPTER 3 Environment 27 CHARTER 4 Generic Strategies and How to Implement Them 57 CHARTER 5 Firm Capabilities 81 CHAPTER 6 Industry Life Cycles 105 CHAPTER 7 Technology and Its Impact on Industries 119 CHAPTER 8 Vertical Integration and Diversification 143 CHAPTER 9 International Strategies 171 CHAP;ER 10 Organization and Strategy 189 Appendix: Experiential Exercises 223 Glossary 243 Index 253 ix DETAILED CONTENTS List of Figures xvi Preface xvii COGNITION AND STRATEGY 1 Overview of Strategy 2 A Behavioral Approach 4 How Do We Open Our Minds to Become Better Strategists? 11 Summary 13 Food for Thought 13 Notes and Bibliography 14 PURPOSE 15 Mission, Goals, Etc. 16 Corporate Social Responsibility 18 Summary 23 Food for Thought 24 Tool #1; SWOT 24 Notes and Bibliography 26 ENVIRONMENT 27 Macro-Environment 28 Political 29 Economic 30 Sociocultural 31 Technological 32 Legal 33 xi DETAILED CONTENTS Environmental 33 Key Aspects of Environmental Analysis 34 Industry Analysis 34 Threat of New Entrants 37 Competitive Rivalry 43 Threat of Substitutes 45 Buyer Power 46 Supplier Power 48 Key Points 48 Value Net Analysis 50 Strategic Groups 51 Key Success Factors 53 Summary 54 Food for Thought 55 Notes and Bibliography 56 4 GENERIC STRATEGIES AND HOW TO IMPLEMENT THEM Value Chain Cost Leadership Learning or Experience Curves and Low Costs 61 Economies of Scale and Low Costs 62 Minimum Viable Products 64 Design for Manufacture 64 Process Innovation 65 Outsourcing (Especially Overseas) 65 Automation 66 Efficiency in Customer Management 67 Control, Control, Control 67 Dangers of a Low-Cost Strategy 67 Differentiation Value Chain and Differentiation 70 Dangers of a Differentiation Strategy 70 Focus or Niche Dangers of a Focus Strategy 73 Value Dangers of a Value Strategy 74 Customer Retention 76 Summary 57 60 61 68 71 73 77 xii DETAILED CONTENTS Food for Thought 77 Tool #2: Value Chain Analysis 78 Notes and Bibliography 80 FIRM CAPABILITIES 81 Threshold or Hygiene and Core Capabilities 83 Physical Resources 86 Financial Resources 87 Intellectual Capital 88 Human Resources 89 Reputation 90 Organizational Processes 92 Assessing Capabilities 93 Matching Abilities and Strategy 95 Sustaining Returns from Abilities 95 Practical Advice 98 Summary 99 Food for Thought 100 Tool #3: Developing a Causal Map 100 Notes and Bibliography 103 INDUSTRY LIFE CYCLES 105 Industry Birth/Introduction 107 Growth 111 Maturity 112 Decline 114 Leadership 117 Niche 117 Harvest 117 Divest 117 Summary 118 Food for Thought 118 Notes and Bibliography 118 TECHNOLOGY AND ITS IMPACT ON INDUSTRIES 119 Disruptive Innovation 121 Who Will Lead? 123 Why Is It Hard for Incumbents to Adapt to New xiii DETAILED CONTENTS Technologies? How Can You Introduce New Technologies into Organizations? Who Keeps the Money from Innovation? Protection of Innovation/Intellectual Capital 130 Complementary Activities 132 Forecasting Numeric Techniques 135 Limit Analysis 136 Trend Correlation 137 Scenario Analysis 137 Base Rate Analysis 140 Summary Food for Thought Notes and Bibliography VERTICAL INTEGRATION AND DIVERSIFICATION Vertical Integration Transactions Cost Economics 148 Other Costs of Vertical Integration 152 Alternative Reasons for Vertical Integration 155 Questionable Reasons for Vertical Integration 156 Alternatives to Vertical Integration 157 Other Ideas and Terms 159 Diversification Risk 160 Synergy 161 How Are Synergies Created? 162 Less Valid Reasons for Diversification 164 Drawbacks of Diversification 165 Managing Diversification 166 Summary Food for Thought Notes and Bibliography 126 128 130 134 141 141 142 143 147 159 168 169 169 xiv DETAILED CONTENTS CHAPTER 9 INTERNATIONAL STRATEGIES 171 Models and Typologies for Analyzing International Strategies 173 A Typology of International Strategies 175 Tools for Analyzing Global Expansion 178 Behavioral Implications of the Different Types of International Strategies 180 Other Behavioral Influences on Geographic Diversification 182 Costs of Geographic Diversification 183 Summary 184 Food for Thought 185 Notes and Bibliography 187 CHAPTER 10 ORGANIZATION AND STRATEGY 189 Why Have an Organization? 190 Why Have an Organizational Hierarchy? 192 Additional Non-Hierarchical Variations 198 Structure in General 199 Systems 200 Risk Preferences 201 Formal Strategic Planning 203 Strategic Planning Cycle 205 Corporate Governance 209 Agency Theory 210 Corporate Governance in Organizations 210 Board of Directors 213 CEO Compensation and Risk Taking 215 Summary 219 Food for Thought 219 Notes and Bibliography 220 Appendix: Experiential Exercises 223 Glossary 243 Index 252 xv
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spellingShingle Bromiley, Philip 1952-
Rau, Devaki
Behavioral strategic management
Organisationsverhalten (DE-588)4285859-8 gnd
Strategische Planung (DE-588)4309237-8 gnd
Strategisches Management (DE-588)4124261-0 gnd
subject_GND (DE-588)4285859-8
(DE-588)4309237-8
(DE-588)4124261-0
title Behavioral strategic management
title_auth Behavioral strategic management
title_exact_search Behavioral strategic management
title_full Behavioral strategic management Philip Bromiley and Devaki Rau
title_fullStr Behavioral strategic management Philip Bromiley and Devaki Rau
title_full_unstemmed Behavioral strategic management Philip Bromiley and Devaki Rau
title_short Behavioral strategic management
title_sort behavioral strategic management
topic Organisationsverhalten (DE-588)4285859-8 gnd
Strategische Planung (DE-588)4309237-8 gnd
Strategisches Management (DE-588)4124261-0 gnd
topic_facet Organisationsverhalten
Strategische Planung
Strategisches Management
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