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Strategic Management: Theory & Cases: An Integrated Approach

By Charles W. L. Hill, Melissa A. Schilling

14th Edition © 2024
Discipline:Management
Course:Strategic Management
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This edition introduces today's accumulated knowledge of strategic management scholarship in a way that is extremely accessible to students with engaging, cutting-edge research and 31 short and long case studies from well-known, leading global companies.

MindTap for Hill/Schilling's STRATEGIC MANAGEMENT, AN INTEGRATED APPROACH: THEORY & CASES, 14E is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course -- to provide engaging content, to customize, to challenge every individual and to build their confidence. MindTap Management presents helps students learn to think and act like managers with activities and assessments that allow students to learn by experience, equipping them with the skills they need to be able to think strategically. Through a variety of activities including case analysis, decision-making exercises and audiocast summaries, MindTap provides the tools for a more interactive and engaging course experience. MindTap: Powered by You

Customizable activities teach students to problem-solve and think like managers. The Cornerstone to Capstone Quiz assesses prior knowledge and provides robust feedback. "You Make the Decision" activities, video quizzes and experiential exercises allow students to experience concepts within the context of real-world scenarios. Group projects in the app provide a collaborative learning environment for students to complete group case analysis projects synchronously. In addition, the Adaptive Test Prep helps students study for exams.

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About this product

This edition introduces today's accumulated knowledge of strategic management scholarship in a way that is extremely accessible to students with engaging, cutting-edge research and 31 short and long case studies from well-known, leading global companies.

MindTap for Hill/Schilling's STRATEGIC MANAGEMENT, AN INTEGRATED APPROACH: THEORY & CASES, 14E is the digital learning solution that powers students from memorization to mastery. It gives you complete control of your course -- to provide engaging content, to customize, to challenge every individual and to build their confidence. MindTap Management presents helps students learn to think and act like managers with activities and assessments that allow students to learn by experience, equipping them with the skills they need to be able to think strategically. Through a variety of activities including case analysis, decision-making exercises and audiocast summaries, MindTap provides the tools for a more interactive and engaging course experience. MindTap: Powered by You

Customizable activities teach students to problem-solve and think like managers. The Cornerstone to Capstone Quiz assesses prior knowledge and provides robust feedback. "You Make the Decision" activities, video quizzes and experiential exercises allow students to experience concepts within the context of real-world scenarios. Group projects in the app provide a collaborative learning environment for students to complete group case analysis projects synchronously. In addition, the Adaptive Test Prep helps students study for exams.

THE LATEST RESEARCH AND SCHOLARLY UPDATES FROM THE FIELD PREPARE STUDENTS FOR SUCCESS AS STRATEGIC LEADERS. This edition incorporates the latest cutting-edge research, real-world best practices and current thinking in the field with updates that emphasize the changing global economy and its role in strategic management today.

UP-TO-DATE AUTHOR-WRITTEN CASE STUDIES ENSURE THE HIGHEST QUALITY AND FLEXIBILITY IN TEACHING. Authors Charles Hill and Melissa Schilling have carefully crafted all of the cases in this edition to ensure seamless consistency with the book's engaging presentation. Twenty full-length cases and 12 shorter cases cover all relevant issues discussed in the text. Cases address small, medium and large familiar and leading companies from industries around the world.

THIS EDITION PROVIDES THE MARKET'S MOST RIGOROUS AND COMPLETE PRESENTATION OF KEY TOPICS. The authors carefully present a far more rigorous and complete treatment of technology strategy, global strategy, vertical integration and diversification than other texts on the market, while still making the content inviting and accessible. Chapter 10, in particular, offers unusually rich and rigorous coverage of related and unrelated diversification and how companies enter and exit businesses.

EXERCISES, SHORT CASES AND INSTRUCTOR RESOURCES PROVIDE OPTIONS FOR TEACHING THE COURSE YOUR WAY. This edition provides meaningful and varied exercises to ensure students can apply the principles they've learned. In addition, 12 short author-written cases give you additional flexibility in assignments. Comprehensive support resources include author-provided case notes, a trusted test bank and PowerPoint presentation slides to save you time in preparation.

Table of contents

Chapters

Cover Page
Title Page
Copyright Page
About the Authors
Preface
Acknowledgments
Dedication
Part 1. Introduction to Strategic Management
Part 2. The Nature of Competitive Advantage
Part 3. Strategies
Part 4. Implementing Strategy
Part 5. Cases in Strategic Management

Part 1. Introduction to Strategic Management

Chapter 1. Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage
Preview this section ↗
1-1. Strategy and Strategic Leadership ↗
1-2. Strategic Leadership and Superior Performance ↗
1-2a. Superior Performance ↗
1-3. Competitive Advantage and a Company’s Business Model ↗
1-3a. Industry Differences in Performance ↗
1-3b. Performance in Nonprofit Enterprises ↗
1-4. Strategic Managers ↗
1-4a. Corporate-Level Managers ↗
1-4b. Business-Level Managers ↗
1-4c. Functional-Level Managers ↗
1-5. The Strategic Planning Process ↗
1-5a. A Model of the Strategic Planning Process ↗
1-5b. Mission Statement ↗
1-5c. Major Goals ↗
1-5d. External Analysis ↗
1-5e. Internal Analysis ↗
1-5f. SWOT Analysis and the Business Model ↗
1-5g. Strategy Implementation ↗
1-5h. The Feedback Loop ↗
1-6. Strategy as an Emergent Process ↗
1-6a. Strategy Making in an Unpredictable World ↗
1-6b. Autonomous Action: Strategy Making by Lower-Level Managers ↗
1-6c. Serendipity and Strategy ↗
1-6d. Intended and Emergent Strategies ↗
1-7. Strategic Planning in Practice ↗
1-7a. Scenario Planning ↗
1-7b. Decentralized Planning ↗
1-8. Strategic Decision Making ↗
1-8a. Cognitive Biases and Strategic Decision Making ↗
1-8b. Techniques for Improving Decision Making ↗
1-9. Strategic Leadership ↗
1-9a. Vision, Eloquence, and Consistency ↗
1-9b. Articulation of the Business Model ↗
1-9c. Commitment ↗
1-9d. Being Well Informed ↗
1-9e. Willingness to Delegate and Empower ↗
1-9f. The Astute Use of Power ↗
1-9g. Emotional Intelligence ↗
Key Terms ↗
Takeaways for Strategic Managers ↗
Closing Case. T-Mobile’s Strategy Under John Legere ↗
Appendix to Chapter 1: Enterprise Valuation, ROIC, and Growth ↗

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