Higher Education

Strategic Management: Theory: An Integrated Approach, 11th Edition

  • Charles W. L. Hill University of Washington
  • Gareth R. Jones
  • Melissa A. Schilling New York University
  • ISBN-10: 1285184491  |  ISBN-13: 9781285184494
  • 528 Pages
  • Previous Editions: 2013, 2010, 2008
  • © 2015 | Published
  • College Bookstore Wholesale Price = $194.25
  • Newer Edition Available
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About

Overview

This leading strategy text presents the complexities of strategic management through up-to-date scholarship and hands-on applications. Highly respected authors Charles Hill, Gareth Jones, and Melissa Schilling integrate cutting-edge research on topics including corporate performance, governance, strategic leadership, technology, and business ethics. Based on real-world practices and current thinking in the field, the eleventh edition of STRATEGIC MANAGEMENT features an increased emphasis on the changing global economy and its role in strategic management.

Features and Benefits

  • New "Focus on Wal-Mart" feature puts the spotlight on Wal-Mart's strategic operations throughout every chapter.
  • Write Experience: Cengage Learning's Write Experience is the first in higher education to offer students the opportunity to improve their writing and analytical skills without adding to your workload. Offered through an exclusive agreement with Vantage Learning, creator of the software used for GMAT essay grading, Write Experience evaluates students' answers to a select set of assignments for writing for voice, style, format, and originality. For more information about this unique course solution, contact your local sales representative or visit http://www.cengage.com/writeexperience.Better Writing. Better Outcomes. Write Experience.
  • A focus on technology with the "Strategy Sign-On" end-of-chapter feature allows students to complete research projects and maintain a Strategic Management portfolio.
  • Opening Cases begin each chapter and build the foundation for student comprehension in each chapter.
  • "Strategy in Action" features highlight key organizations implementing chapter-specific strategic management processes.
  • Ethical exercises provide a comprehensive look at the chapter concepts and ask students to consider ethical ramifications of management decisions.
  • Closing Cases end each chapter and provide in-class discussion opportunities.

Table of Contents

Part I: INTRODUCTION TO STRATEGIC MANAGEMENT.
1. Strategic Leadership: Managing the Strategy-Making Process for Competitive Analysis.
2. External Analysis: The Identification of Opportunities and Threats.
Part II: THE NATURE OF COMPETITIVE ADVANTAGE.
3. Internal Analysis: Distinctive Competencies, Competitive Advantage, and Profitability.
4. Building Competitive Advantage Through Functional-Level Strategy.
Part III: STRATEGIES.
5. Building Competitive Advantage Through Business-Level Strategy.
6. Business-Level Strategy and the Industry Environment.
7. Strategy and Technology.
8. Strategy in the Global Environment.
9. Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing.
10. Corporate-Level Strategy: Related and Unrelated Diversification.
Part IV: IMPLEMENTING STRATEGY.
11. Corporate Performance, Governance, and Business Ethics.
12. Implementing Strategy in Companies that Compete in a Single Industry.
13. Implementing Strategy in Companies that Compete Across Industries and Countries.

What's New

  • CengageNOW™: This robust, online course management system gives you more control in less time and delivers better student outcomes. CengageNOW™ includes teaching and learning resources organized around lecturing, creating assignments, grading, quizzing, and tracking student progress and performance. Flexible assignment options include BizLX simulations, Video Cases, Experiential Exercises, and Case Analysis questions (including full cases). Automatic grading and a gradebook option provide more control while saving you valuable time. A Personalized Study diagnostic tool empowers students to master concepts, prepare for exams, and become more involved in class. CengageNOW™ can work with your current course management system, and in many cases can be integrated with your current course management system to provide a thorough experience for your students!

Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About" tab, then select "What's New" for updates specific to title's edition.

For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor Supplements

Mike's Bikes Advanced Simulation, 1 term (6 months) Printed Access Card  (ISBN-10: 1111866503 | ISBN-13: 9781111866501)

MikesBikes Advanced is a premier strategy simulation; providing students with the unique opportunity to evaluate, plan, and implement strategy as they manage their own company, while competing online against other students within their course. Students from the management team of a Bicycle Manufacturing company making all the key functional decisions involving Price, Marketing, Distribution, Finance, Operations, HR, and R&D. They will formulate a comprehensive strategy, starting with their existing product, then adapt as they develop new products for emerging markets. Through the Smartsims easy-to-use interface, students will be taught the cross-functional disciplines of business, and how the development and implementation of strategy involves these disciplines. The competitive nature of MikesBikes encourages involvement and learning in a way that no other teaching methodology can, and your students will have fun in the process!

List Price = $54.00  | College Bookstore Wholesale Price = $40.50

Micromatic, 1 term (6 months) Printed Access Card  (ISBN-10: 0618641785 | ISBN-13: 9780618641789)

The Micromatic Business Simulation Game allows students to decide their company mission, goals, policies, and strategies. Student teams make their decisions on a quarter-by-quarter basis: determining price, sales and promotion budgets, operations decisions, and financing requirements. Each decision round requires students to make approximately 100 decisions. Students can play in teams or play alone; compete against other players, compete against the computer; use Micromatic for practice, tournaments, or for assessment. You can control any business simulation element you wish; leave the rest alone. Because of the number and type of decisions the student users must make, Micromatic is classified as a medium to complex business simulation game. This helps students understand how the functional areas of a business fit together without being bogged down in needless detail and provides students with an excellent capstone experience in decision-making.

List Price = $44.00  | College Bookstore Wholesale Price = $33.00

Student Supplements

Mike's Bikes Advanced Simulation, 1 term (6 months) Printed Access Card  (ISBN-10: 1111866503 | ISBN-13: 9781111866501)

MikesBikes Advanced is a premier strategy simulation; providing students with the unique opportunity to evaluate, plan, and implement strategy as they manage their own company, while competing online against other students within their course. Students from the management team of a Bicycle Manufacturing company making all the key functional decisions involving Price, Marketing, Distribution, Finance, Operations, HR, and R&D. They will formulate a comprehensive strategy, starting with their existing product, then adapt as they develop new products for emerging markets. Through the Smartsims easy-to-use interface, students will be taught the cross-functional disciplines of business, and how the development and implementation of strategy involves these disciplines. The competitive nature of MikesBikes encourages involvement and learning in a way that no other teaching methodology can, and your students will have fun in the process!

List Price = $54.00  | College Bookstore Wholesale Price = $40.50

Micromatic, 1 term (6 months) Printed Access Card  (ISBN-10: 0618641785 | ISBN-13: 9780618641789)

The Micromatic Business Simulation Game allows students to decide their company mission, goals, policies, and strategies. Student teams make their decisions on a quarter-by-quarter basis: determining price, sales and promotion budgets, operations decisions, and financing requirements. Each decision round requires students to make approximately 100 decisions. Students can play in teams or play alone; compete against other players, compete against the computer; use Micromatic for practice, tournaments, or for assessment. You can control any business simulation element you wish; leave the rest alone. Because of the number and type of decisions the student users must make, Micromatic is classified as a medium to complex business simulation game. This helps students understand how the functional areas of a business fit together without being bogged down in needless detail and provides students with an excellent capstone experience in decision-making.

List Price = $44.00  | College Bookstore Wholesale Price = $33.00

LMS Integrated for CengageNOW™ with Cengage Learning Write Experience 2.0 Powered by MyAccess, 1 term Instant Access  (ISBN-10: 1305100751 | ISBN-13: 9781305100756)

Have the tools you need to be successful A variety of tools are available in CengageNOW™, all combined in one easy-to-use resource designed to improve your grades. Some resources get you prepared for class and help you succeed on homework, and others show you specific areas where you can work to improve. Stay ahead of the course requirements CengageNOW shows you the path through your course—from first day through finals. Once you know what’s expected, it’s easier to complete your assignments. Gain understanding that stays with you Do well on tests as well as the assignments! Bridge the gap between homework and tests by using CengageNOW to truly understand the material. Self-study and review materials keep you on the right track, to make sure your understanding goes beyond memorization. Set yourself up for better grades Why wonder where you stand? CengageNOW includes trackable assignments and grades. It tells you what to do to improve your grade, and gives you the tools to accomplish it! Student Testimonials: “I love the check your work option. Really, when you’re having a hard time figuring out an answer, sometimes working backwards is the best way to understand conceptually what you’re doing wrong.” - Brad Duncan University of Utah “I liked the videos because they were short enough to teach me and because they were short, I was able to find time to watch them again and again if I did not understand the first time.” - Jennifer Wright Northeast Wisconsin Technical College CTA: Ask your instructor about CengageNOW for this course.

List Price = $110.00  | College Bookstore Wholesale Price = $110.00

Meet the Author

Author Bio

Charles W. L. Hill

Charles W. L. Hill is the Hughes M. Blake Professor of Business at the University of Washington Business School in Seattle. His research interests focus on competition and competitive analysis, corporate strategy, international business, organizational structure, and corporate governance. Dr. Hill has published more than 50 articles in peer-reviewed academic journals and has served on the editorial boards of several top tier journals, including the Academy of Management Review and the Strategic Management Journal. He also is the author of a successful international business textbook. An active consultant, Dr. Hill has worked with numerous companies. He has worked with Microsoft for almost 20 years and continues to be active within that organization. He received his PhD from the University of Manchester in the United Kingdom.

Gareth R. Jones

Gareth R. Jones received his PhD from the University Of Lancaster, England, and he is trained in Economics and Organizational Theory and Behavior. His research interests include organizational design for performance, the evolution of business, and corporate-level strategy. Dr. Jones has published articles in all the major management journals and is co-author of several textbooks.

Melissa A. Schilling

Melissa Schilling is a professor of management and organizations at New York University Stern School of Business. Her research focuses on innovation and creativity, with a particular focus on topics like collaboration and technology trajectories in high technology industries such as computers, smartphones, biotechnology, electric vehicles, and video games. Her innovation textbook, Strategic Management of Technological Innovation, is the number one innovation strategy text in the world, and is available in seven languages. Her research in innovation and strategy has earned her awards such as the National Science Foundation's CAREER Award, and the Best Paper in Management Science and Organization Science for 2007 Award. Her research has also appeared in leading academic journals such as Academy of Management Journal, Academy of Management Review, Management Science, Organization Science, Strategic Management Journal, and Journal of Economics and Management Strategy and Research Policy. She sits on the editorial review boards of Organization Science, Strategic Organization, and Strategy Science. She has also advised companies such as IBM, Bloomberg, Siemens and others on strategy and innovation. She received her PhD from the University of Washington, Seattle.