Higher Education

Foundations in Strategic Management, 5th Edition

  • Jeffrey S. Harrison University of Richmond
  • Caron H. St. John Clemson University
  • ISBN-10: 1439080461  |  ISBN-13: 9781439080467
  • 208 Pages
  • Previous Editions: 2008, 2005, 2002
  • © 2010 | Published
  • College Bookstore Wholesale Price = $159.00
  • Newer Edition Available
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Introduce the most important theories and views in strategic management today using this concise, yet complete, text. Harrison/St. John's FOUNDATIONS IN STRATEGIC MANAGEMENT, Fifth Edition, addresses the most recent changes in today's business environment, including many topics that other strategic management texts often miss. This valuable text builds on a traditional theoretical foundation by using engaging examples from many of today's leading firms to demonstrate principles and applications. This edition now highlights strategizing in the global arena and the contemporary challenges of increased globalization while offering more focused coverage of the increasingly important topic of ethics. The authors have refined this edition's streamlined content to correspond closely with the way you teach, while providing the flexibility for you to customize your course to the needs of your students with additional exercises or readings. The book thoroughly addresses the traditional economic process model and the resource-based model, as well as the stakeholder theory. Rely on FOUNDATIONS IN STRATEGIC MANAGEMENT, Fifth Edition, to offer an indispensable resource that your students need for immediate and long-term success in strategic management.

Features and Benefits

  • Concise, streamlined approach offers flexibility for additional coverage: This book's streamlined coverage leaves ample time for you to customize and tailor your course to the needs of your students with experiential exercises and relevant readings and cases of your choice.
  • Multiple perspectives on strategic management equip students with broad opportunities for success: This book covers resource-based, economic, and stakeholder models, drawing from these multiple perspectives on the strategic management process to prepare your students for management success more thoroughly.
  • Succinct, yet thorough, text offers ongoing economical value: This well-rounded text provides the insights your students need into today's strategic management principles and practices while remaining concise to keep the book both accessible and economical for today's learners.
  • Engaging examples from leading firms illustrate major points: Students further develop their decision-making and analysis techniques as they review intriguing examples drawn from familiar organizations that demonstrate the text's principles in practice.
  • Chapter openers and closers further emphasize the value of strategy: Each chapter opens with a captivating "Strategy in Focus" that highlights the chapter's principles in practice. Chapters conclude with useful "Key Points Summary" that provide an ideal tool for review and test preparation.

Table of Contents

1. The Strategic Management Process.
2. The External Environment.
3. Organizational Resources and Competitive Advantage.
4. Strategic Leadership and Strategic Direction.
5. Business-Level Strategies.
6. Corporate Strategies.
7. Strategic Implementation.
8. Strategic Control and Restructuring.
Appendix: Preparing a Strategic Analysis.

What's New

  • Additional emphasis on innovation and entrepreneurship demonstrates how to transform potential into success: This edition more thoroughly covers both innovation in today’s business world and entrepreneurship as your students learn to explore possibilities beyond the typical solutions.
  • More information on today’s ethics and social responsibility prepares students for realities in business today: You can bring more timely information to your students on ethics and social responsibility with this edition’s increased emphasis on these critical aspects of business from a stakeholder perspective.
  • Revised restructuring chapter provides more on economic cycles: Now you can teach your students how to deal with fluctuations effectively from a management standpoint using the additional detail on economic cycles in this edition’s revised restructuring chapter (Chapter 8).
  • New emphasis on social networks highlights how to maximize these potential resources: The authors now emphasize how to best use the power of today’s social networks as a source of competitive advantage.
  • Revised business-level strategies emphasize how to break new ground in business today: This edition’s significantly revised chapter on business-level strategies (Chapter 5) encompasses Blue Ocean strategies that demonstrate how to make the competition irrelevant by competing in new market space rather than existing industries.

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 + Cengage Learning Write Experience 2.0 Powerered by My Access Printed Access Card

ISBN-10: 113302498X  | ISBN-13: 9781133024989

List Price = $218.95  | College Bookstore Wholesale Price = $162.25

This Bundle Includes:

  • Foundations in Strategic Management
    List Price = $211.95  | CengageBrain Price = $211.95  | College Bookstore Wholesale Price = $159.00
  • Cengage Learning Write Experience 2.0 Powerered by My Access Printed Access Card
    List Price = $99.00  | College Bookstore Wholesale Price = $74.25

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

ISBN-10:  1133012507 | ISBN-13:  9781133012504

List Price = $259.95  | CengageBrain Price = $259.95  | College Bookstore Wholesale Price = $192.75

This Bundle Includes:

  • Foundations in Strategic Management
    List Price = $211.95  | CengageBrain Price = $211.95  | College Bookstore Wholesale Price = $159.00
  • Mike's Bikes Advanced Simulation, 1 term (6 months) Printed Access Card
    List Price = $54.00  | College Bookstore Wholesale Price = $40.50


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

Instructor's Manual with Test Bank  (ISBN-10: 0538754893 | ISBN-13: 9780538754897)

Find everything you need to support your dynamic course with this comprehensive Instructor's Manual and Test Bank, available in the password-protected instructor portion of the book's companion website (http://academic.cengage.com/management/harrison) for your convenience. You will save time as you prepare lectures with detailed and comprehensive lecture outlines. Minimize your grading time with thorough solutions to all text assignments.

PowerPoint® Web Site  (ISBN-10: 0538754915 | ISBN-13: 9780538754910)

Bring your lectures to life as these dynamic PowerPoint® presentation slides illustrate key chapter concepts as well as figures and tables from the book. These engaging slides not only strengthen and clarify your lectures but also provide a valuable tool for your students to use in taking notes. For your convenience, all of these PowerPoint® slides are available in the password-protected instructor portion of the book’s companion website (http://academic.cengage.com/management/harrison).

Student Supplements

Cengage Learning Write Experience 2.0 Powerered by My Access Instant Access Code  (ISBN-10: 1111956960 | ISBN-13: 9781111956967)

Successfully complete your strategic management writing assignments with Write Experience 2.0. This innovative system scores your writing instantly and provides you with detailed revision goals and feedback to put you on track for writing excellence

List Price = $99.00  | CengageBrain Price = $99.00  | College Bookstore Wholesale Price = $99.00

Meet the Author

Author Bio

Jeffrey S. Harrison

Author Jeffrey S. Harrison provides an authoritative voice of practical experience to this book. He serves as the W. David Robbins Chair of Strategic Management in the Robins School of Business at the University of Richmond. Prior to his current appointment, he served on the faculty at Cornell University. Dr. Harrison's research interests include strategic management and business ethics, with particular expertise in the areas of mergers and acquisitions, diversification, strategic alliances, and stakeholder management. Much of his work has been published in prestigious academic journals, such as ACADEMY OF MANAGEMENT JOURNAL, STRATEGIC MANAGEMENT JOURNAL, and JOURNAL OF BUSINESS ETHICS. He helped create the Stakeholder Strategy Interest Group at the Strategic Management Society and has served in a variety of leadership roles in that group. He has authored or coauthored ten books and has served as a management consultant or trainer for dozens of respected companies.

Caron H. St. John

As Professor of Management at Clemson University, author Caron St. John also serves as the Interim Associate Dean for Graduate Programs and Innovation and Director of MBA Programs and the Spiro Center for Entrepreneurial Leadership for the university. Her research interests address the competitive, technology, and operations strategies of both entrepreneurial and established firms. Her work has been published in ACADEMY OF MANAGEMENT REVIEW, STRATEGIC MANAGEMENT JOURNAL, ORGANIZATION RESEARCH METHODS, JOURNAL OF OPERATIONS MANAGEMENT, and PRODUCTION AND OPERATIONS MANAGEMENT. She has coauthored two textbooks in strategic management and is very active in executive and graduate education, particularly in the areas of strategy, entrepreneurship, and innovation management.