Higher Education

Essentials of Strategic Management, 3rd Edition

  • Charles W. L. Hill University of Washington
  • Gareth R. Jones
  • ISBN-10: 1111525196  |  ISBN-13: 9781111525194
  • 432 Pages
  • Previous Editions: 2009, 2008
  • © 2012 | Published
  • College Bookstore Wholesale Price = $187.00
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About

Overview

Thorough yet concise, ESSENTIALS OF STRATEGIC MANAGEMENT, Third Edition, is a brief version of the authors' market-leading text STRATEGIC MANAGEMENT: AN INTEGRATED APPROACH. Following the same framework as the larger book, ESSENTIALS helps students identify and focus on core concepts in the field in a more succinct, streamlined format. Based on real-world practices and current thinking, the text's presentation of strategic management features an increased emphasis on the "business model" concept as a way of framing the issues of competitive advantage. Cutting-edge research, new strategic management theory, and a hands-on approach allow students to explore major topics in management, including corporate performance, governance, strategic leadership, technology, and business ethics. In addition, a high-quality case program examines small, medium, and large companies--both domestic and international--so that students gain experience putting chapter concepts into real-world practice in a variety of scenarios.

Features and Benefits

  • A running case featuring Wal-Mart illustrates key topics in the context of the company's strategy and performance. The ongoing case enables students to continue building on their knowledge and skills as they apply chapter concepts to an organization with which they are familiar.
  • "Strategy in Action" boxes examine how the management theory covered in the text can be applied to real-world situations--enabling students to immediately apply what they learn to actual organizations.
  • Practicing Strategic Management is a guided two-pronged project aimed at enhancing student group collaboration and researching capabilities. The first activity is a group exercise asking students to explore and report on such concepts as developing effective competitive strategies, control systems, acquisition planning, and managerial structures. Then, Exploring the Web activities ask students to research online and report on specific companies such as 3M, Boeing, Google, and Motorola.
  • Closing Cases conclude each chapter with a brief case that can be used for further analysis of chapter issues. Each case has been chosen to reflect contemporary issues and problems in strategic management. Accompanying discussion questions encourage students to consider how managers approach real problems in today's market.
  • Ten expanded end-of-text cases focus on specific strategic management topics and present extensive applicable teaching opportunities. Students can collect additional information on the companies in these cases as a way to add up-to-the-minute currency to the analysis and to understand how managers use data to increase competitive advantage and performance.

Table of Contents

Part I: INTRODUCTION TO STRATEGIC MANAGEMENT.
1. The Strategy-Making Process.
2. Stakeholders, the Mission, Governance, and Business Ethics.
Part II: THE NATURE OF COMPETITIVE ADVANTAGE.
3. External Analysis: The Identification of Opportunities and Threats.
4. Building Competitive Advantage.
Part III: BUILDING AND SUSTAINING LONG-RUN COMPETITIVE ADVANTAGE.
5. Business-Level Strategy and Competitive Positioning.
6. Strategy in the Global Environment.
7. Corporate-Level Strategy and Long-Run Profitability.
Part IV: STRATEGY IMPLEMENTATION.
8. Strategic Change: Implementing Strategies to Build and Develop a Company.
9. Implementing Strategy through Organizational Design.
Part V: Cases.
Apple in 2008.
SGI versus Dell.
The Home Video Game Industry.
McDonalds and Its Critics: 1973-2009.
The Global Auto Industry.
GM in 2009.
IKEA.
Rise of IBM.
Fall of IBM.
IBM in 2009.

What's New

  • New "Ethical Dilemma" features real-world ethical concerns facing today's business managers and asks students to make managerial decisions while considering chapter concepts and business integrity on such topics as management restructuring, outsourcing, talent recruiting, achieving corporate objectives, and maintaining competitive advantage.
  • New "Strategy in Action" cases contain up-to-date topics and research and help students see the business concepts in action at real-world companies.
  • Ten new author-written cases at the end of the text feature companies such as Apple, McDonald's, GM, Dell, and IBM.

Learning Resource Bundles

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Learning Consultant for more information.

Bundle: Text + CourseMate with eBook Printed Access Card

ISBN-10: 111170032X  | ISBN-13: 9781111700324

List Price = $261.95  | College Bookstore Wholesale Price = $197.00

This Bundle Includes:

  • Essentials of Strategic Management
    List Price = $248.95  | CengageBrain Price = $248.95  | College Bookstore Wholesale Price = $187.00
  • Management CourseMate with eBook Printed Access Card
    List Price = $174.00  | College Bookstore Wholesale Price = $130.00


Bundle: Text + Mike's Bikes Advanced Simulation Printed Access Card

ISBN-10:  1133012485  | ISBN-13:  9781133012481

List Price = $302.95  | CengageBrain Price = $302.95  | College Bookstore Wholesale Price = $227.50

This Bundle Includes:

  • Essentials of Strategic Management
    List Price = $248.95  | CengageBrain Price = $248.95  | College Bookstore Wholesale Price = $187.00
  • Mike's Bikes Advanced Simulation, 1 term (6 months) Printed Access Card
    List Price = $54.00  | College Bookstore Wholesale Price = $40.50


ePack: Printed Text + CourseMate Instant Access

ISBN-10:  1305594355 | ISBN-13:  9781305594357

List Price = $261.95  | CengageBrain Price = $261.95  | College Bookstore Wholesale Price = $197.00

This Bundle Includes:

  • Essentials of Strategic Management
    List Price = $248.95  | CengageBrain Price = $248.95  | College Bookstore Wholesale Price = $187.00
  • CourseMate Instant Access
    List Price = $174.00  | CengageBrain Price = $174.00  | College Bookstore Wholesale Price = $174.00


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

CourseMate Instant Access  (ISBN-10: 1111572151 | ISBN-13: 9781111572150)

Engaging, track able, and affordable, the new Management CourseMate website offers a dynamic way to bring course concepts to life with interactive learning, study, and exam preparation tools that support this printed edition of the text. Watch student comprehension soar with all-new flash cards and engaging games, audio summaries, self assessments, streaming videos, and more in this textbook-specific website. A complete e-book provides you with the choice of an entire online learning experience. Management CourseMate goes beyond the book to deliver what you need!

List Price = $174.00  | CengageBrain Price = $174.00  | College Bookstore Wholesale Price = $174.00

Instructor’s Resource CD-ROM  (ISBN-10: 1111820678 | ISBN-13: 9781111820671)

All of the teaching resources you need at your fingertips with this all-in-one resource. Find everything you need to plan, teach, grade, and assess student understanding and progress. This CD includes the Instructor’s Manual, ExamView® computerized Test Bank, and PowerPoint® slides.

Cengage Learning Write Experience (Vantage), 1 term (6 months) Instant Access  (ISBN-10: 1111863156 | ISBN-13: 9781111863159)

Cengage Learning's Write Experience is a technology product that allows you to assess written communication skills without adding to your workload. Instructors in all areas have told us it is important that students can write effectively in order to communicate and think critically. Through an exclusive partnership with a technology company, Cengage Learning's Write Experience allows you to do just that! This new product utilizes artificial intelligence to not only score student writing instantly and accurately but also provide students with detailed revision goals and feedback on their writing to help them improve. Write Experience is the first product designed and created specifically for the higher education market through an exclusive agreement with McCann Associates, and powered by e-Write IntelliMetric Within™. IntelliMetric is the gold standard for automated scoring of writing and is used to score the Graduate Management Admissions Test® (GMAT®) analytical writing assessment. Better Writing. Better Outcomes. Write Experience. Visit www.cengage.com/writeexperience to learn more.

List Price = $100.00  | CengageBrain Price = $100.00  | College Bookstore Wholesale Price = $100.00

WebTutor™ on WebCT™, 1 term (6 months) Instant Access  (ISBN-10: 1111751021 | ISBN-13: 9781111751029)

Jumpstart your course with customizable, rich text specific content within your Course Management System! Jumpstart--Simply load a WebTutor™ cartridge into your Course Management System. Customizable--Instructor can easily blend, add, edit, reorganize, or delete content. Content--Rich text specific content, including quizzing, Web links, discussion topics, and more. Whether you want to Web-enable your class or put an entire course online, WebTutor™ delivers! Visit www.thomsonedu.com/webtutor to learn more.

List Price = $53.00  | College Bookstore Wholesale Price = $53.00

WebTutor™ on Blackboard®, 1 term (6 months) Instant Access  (ISBN-10: 1111751013 | ISBN-13: 9781111751012)

Jumpstart your course with customizable, rich text specific content within your Course Management System! Jumpstart--Simply load a WebTutor™ cartridge into your Course Management System. Customizable--Instructor can easily blend, add, edit, reorganize, or delete content. Content--Rich text specific content, including quizzing, Web links, discussion topics, and more. Whether you want to Web-enable your class or put an entire course online, WebTutor™ delivers! Visit www.thomsonedu.com/webtutor to learn more.

List Price = $53.00  | CengageBrain Price = $53.00  | College Bookstore Wholesale Price = $53.00

Student Supplements

CourseMate Instant Access  (ISBN-10: 1111572151 | ISBN-13: 9781111572150)

Make the grade with CourseMate! This interactive website helps you make the most of your study time by accessing everything you need to succeed online in one convenient place. This new Management CourseMate provides an interactive eBook that allows you to take notes; highlight, bookmark, and search a complete e-book; and reference in-context glossary definitions. Numerous interactive learning tools, such as quizzes, flashcards, videos, and more, help you master today's management concepts.

List Price = $174.00  | CengageBrain Price = $174.00  | College Bookstore Wholesale Price = $174.00

Cengage Learning Write Experience (Vantage), 1 term (6 months) Instant Access  (ISBN-10: 1111863156 | ISBN-13: 9781111863159)

Cengage Learning's Write Experience is the first solution in higher education to offer you the opportunity to improve your written and critical-thinking skills with instant automated feedback. Write Experience provides real-time guidance, in your native language, as you write. After submitting your assignment, Write Experience evaluates your written assignment and provides immediate feedback on your writing while it is fresh in your mind. Write Experience not only scores your writing instantly and accurately but it also provides detailed revision goals and detailed feedback on your writing to help you improve. Better Writing. Better Outcomes. Write Experience.

List Price = $100.00  | CengageBrain Price = $100.00  | College Bookstore Wholesale Price = $100.00

WebTutor™ on WebCT™, 1 term (6 months) Instant Access  (ISBN-10: 1111751021 | ISBN-13: 9781111751029)

More than just an interactive study guide, WebTutor™ is an anytime, anywhere online learning solution, keeping you connected to your textbook, instructor, and classmates.

List Price = $53.00  | College Bookstore Wholesale Price = $53.00

WebTutor™ on Blackboard®, 1 term (6 months) Instant Access  (ISBN-10: 1111751013 | ISBN-13: 9781111751012)

More than just an interactive study guide, WebTutor™ is an anytime, anywhere online learning solution, keeping you connected to your textbook, instructor, and classmates.

List Price = $53.00  | CengageBrain Price = $53.00  | College Bookstore Wholesale Price = $53.00

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.