Strategic Management Pearce And Robinson 11th Edition Pdf 12
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Strategic Management by Pearce and Robinson: A Review of the 11th Edition
Strategic management is the process of formulating, implementing, and controlling the strategies of an organization to achieve its goals and objectives. Strategic management involves analyzing the external and internal environments, setting long-term objectives, choosing appropriate strategies, and evaluating performance and feedback.
One of the most popular and comprehensive textbooks on strategic management is Strategic Management: Formulation, Implementation, and Control by John A. Pearce II and Richard B. Robinson Jr. The 11th edition of this book was published in 2009 by McGraw-Hill Education. It covers all the essential topics and concepts of strategic management with an emphasis on practical applications and skills.
The book consists of three parts: overview of strategic management, strategy formulation, and strategy implementation, control, and innovation. Each part contains several chapters that explain the theories, models, tools, and techniques of strategic management with examples and cases from various industries and organizations. The book also includes numerous BusinessWeek short cases and a wide assortment of traditional, longer strategic management cases to illustrate real-world scenarios and challenges.
The book is designed for undergraduate and graduate students of business administration, management, and related fields. It can also be used by managers, consultants, and practitioners who want to learn or update their knowledge of strategic management. The book is well-written, organized, and updated with the latest research and developments in the field. It provides a balanced and integrated approach to strategic management that combines academic rigor with practical relevance.
Strategic Management: Formulation, Implementation, and Control by Pearce and Robinson is a valuable resource for anyone who wants to understand and apply strategic management in their organizations. It offers a comprehensive and systematic framework for strategic decision making that can help achieve competitive advantage and superior performance.
The first part of the book provides an overview of strategic management and its importance for organizational success. It introduces the concept of strategic management, the strategic management process, and the role of vision, mission, and stakeholders in strategic management. It also discusses the ethical and social responsibilities of strategic managers and the challenges of managing in a dynamic and uncertain environment.
The second part of the book focuses on strategy formulation, which involves analyzing the external and internal environments, setting long-term objectives, and choosing appropriate strategies. It covers various tools and techniques for environmental scanning, such as SWOT analysis, Porter's five forces model, industry life cycle analysis, and competitor analysis. It also explains how to formulate corporate-level, business-level, and functional-level strategies based on different types of competitive advantage and diversification. It also explores the global dimensions of strategy formulation and the opportunities and risks of international expansion.
The third part of the book deals with strategy implementation, control, and innovation, which involve executing the chosen strategies, monitoring and evaluating performance, and making necessary adjustments. It covers various aspects of strategy implementation, such as organizational structure, leadership, culture, motivation, communication, and coordination. It also explains how to design and use strategic control systems, such as balanced scorecard, benchmarking, and budgeting. It also discusses how to foster innovation and entrepreneurship in organizations and how to cope with strategic change and crisis. 061ffe29dd