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Contemporary Strategy Analysis 7th Edition

February 2010, ©2010
Contemporary Strategy Analysis 7th Edition (EHEP001841) cover image
Considered by many to be the best textbook on Strategy, Contemporary Strategy Analysis 7th edition builds on the strengths of previous editions by introducing students to the core concepts and principles of strategy.

In this most accessible strategy text, Robert M. Grant combines clarity of exposition with concentration on the fundamentals of value creation and an emphasis on practicality. In this seventh edition, a greater focus on strategy implementation reflects the needs of firms to reconcile scale economies with entrepreneurial flexibility, innovation with cost efficiency, and globalization with local responsiveness.

Rob Grant eloquently combines theory with current real world examples and practice using a clearly written, logical and comprehensive approach.

Contemporary Strategy Analysis 7th edition is suitable for both MBA and advanced undergraduate students.

Contemporary Strategy Analysis 7th Edition is also available in a combined text and cases version –
ISBN: 9780470747094

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Preface.

PART I INTRODUCTION.

1 The Concept of Strategy.

Introduction and Objectives.

The Role of Strategy in Success.

The Basic Framework for Strategy Analysis.

A Brief History of Business Strategy.

Strategic Management Today.

The Role of Analysis in Strategy Formulation.

Summary.

Self-Study Questions.

Notes.

PART II THE TOOLS OF STRATEGY ANALYSIS.

2 Goals, Values and Performance.

Introduction and Objectives.

Strategy as a Quest for Value.

Strategy and Real Options.

Putting Performance Analysis into Practice.

Beyond Profit: Values and Social Responsibility.

Summary.

Self-Study Questions.

Notes.

3 Industry Analysis: The Fundamentals.

Introduction and Objectives.

From Environmental Analysis to Industry Analysis.

The Determinants of Industry Profit: Demand and Competition.

Analyzing Industry Attractiveness.

Applying Industry Analysis.

Defining Industries: Where to Draw the Boundaries.

From Industry Attractiveness to Competitive Advantage: Identifying Key Success Factors.

Summary.

Self-Study Questions.

Notes.

4 Further Topics in Industry and Competitive Analysis.

Introduction and Objectives.

Extending the Five Forces Framework.

The Contribution of Game Theory.

Competitor Analysis.

Segmentation Analysis.

Strategic Groups.

Summary.

Self-Study Questions.

Notes.

5 Analyzing Resources and Capabilities.

Introduction and Objectives.

The Role of Resources and Capabilities in Strategy Formulation.

The Resources of the Firm.

Organizational Capabilities.

Appraising Resources and Capabilities.

Putting Resource and Capability Analysis to Work: A Practical Guide.

Summary.

Self-Study Questions.

Notes.

6 Developing Resources and Capabilities.

Introduction and Objectives.

Developing Resources.

The Challenge of Capability Development.

Approaches to Capability Development.

Knowledge Management and the Knowledge-based View.

Designing Knowledge Management Systems.

Summary.

Self-Study Questions.

Notes.

7 Organization Structure and Management Systems: The Fundamentals of Strategy Implementation.

Introduction and Objectives.

The Evolution of the Corporation.

The Organizational Problem: Reconciling Specialization with Coordination and Cooperation.

Hierarchy in Organizational Design.

Applying the Principles of Organizational Design.

Organizing on the Basis of Coordination Intensity.

Alternative Structural Forms.

Management Systems for Coordination and Control.

Summary.

Self-Study Questions.

Notes.

PART III THE ANALYSIS OF COMPETITIVE ADVANTAGE.

8 The Nature and Sources of Competitive Advantage.

Introduction and Objectives.

The Emergence of Competitive Advantage.

Sustaining Competitive Advantage.

Competitive Advantage in Different Market Settings.

Types of Competitive Advantage: Cost and Differentiation.

Summary.

Self-Study Questions.

Notes.

9 Cost Advantage.

Introduction and Objectives.

Strategy and Cost Advantage.

The Sources of Cost Advantage.

Using the Value Chain to Analyze Costs.

Summary.

Self-Study Questions.

Notes.

10 Differentiation Advantage.

Introduction and Objectives.

The Nature of Differentiation and Differentiation Advantage.

Analyzing Differentiation: The Demand Side.

Analyzing Differentiation: The Supply Side.

Bringing It All Together: The Value Chain in Differentiation Analysis.

Summary.

Self-Study Questions.

Notes.

PART IV BUSINESS STRATEGIES IN DIFFERENT INDUSTRY CONTEXTS.

11 Industry Evolution and Strategic Change.

Introduction and Objectives.

The Industry Life Cycle.

Structure, Competition and Success Factors over the Life Cycle.

Organizational Adaptation and Change.

Summary.

Self-Study Questions.

Notes.

12 Technology-based Industries and the Management of Innovation.

Introduction and Objectives.

Competitive Advantage in Technology-intensive Industries.

Strategies to Exploit Innovation: How and When to Enter.

Competing for Standards.

Implementing Technology Strategies: Creating the Conditions for Innovation.

Summary.

Self-Study Questions.

Notes.

13 Competitive Advantage in Mature Industries.

Introduction and Objectives.

Competitive Advantage in Mature Industries.

Strategy Implementation in Mature Industries: Structure, Systems and Style.

Strategies for Declining Industries.

Summary.

Self-Study Questions.

Notes.

PART V CORPORATE STRATEGY.

14 Vertical Integration and the Scope of the Firm.

Introduction and Objectives.

Transaction Costs and the Scope of the Firm.

The Costs and Benefits of Vertical Integration.

Designing Vertical Relationships.

Summary.

Self-Study Questions.

Notes.

15 Global Strategies and the Multinational Corporation.

Introduction and Objectives.

Implications of International Competition for Industry Analysis.

Analyzing Competitive Advantage in an International Context.

Applying the Framework: International Location of Production.

Applying the Framework: Foreign Entry Strategies.

Multinational Strategies: Global Integration versus National Differentiation.

Strategy and Organization within the Multinational Corporation.

Summary.

Self-Study Questions.

Notes.

16 Diversification Strategy.

Introduction and Objectives.

Trends in Diversification over Time.

Motives for Diversification.

Competitive Advantage from Diversification.

Diversification and Performance.

Summary.

Self-Study Questions.

Appendix: Does Diversification Confer Market Power?

Notes.

17 Implementing Corporate Strategy: Management of the Multibusiness Firm.

Introduction and Objectives.

Governance and the Structure of the Multibusiness Corporation.

The Role of Corporate Management.

Managing the Corporate Portfolio.

Managing Individual Businesses.

Managing Linkages between Businesses.

Managing Change in the Multibusiness Corporation.

External Strategy: Mergers and Acquisitions.

Summary.

Self-Study Questions.

Notes.

18 Current Trends in Strategic Management.

Introduction.

The New External Environment of Business.

Managing in an Economic Crisis.

New Directions in Strategic Thinking.

Redesigning the Organization.

New Modes of Leadership.

Summary.

Notes.

Index.

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  • An improved focus on strategy implementation, including additional content.
  • Case material substantially enhanced including new cases form a variety of industries.
  • More use of Strategy Capsules in every chapter that give more detailed examples of each strategy being implemented by a real company and the impacts the strategy has on their operation.
  • Several of the longer chapters shortened or split into two to further improve readability.
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Praise for the 7th Edition of Contemporary Strategy Analysis

 

‘In the strategic management textbook jungle, Robert Grant’s Contemporary Strategy Analysis, Seventh Edition stands up by its clarity and completeness. Its fluid style and vivid case examples will help students of strategic management, at all levels, to easily grasp even the most complex issues. Strategic management is more than just analytical tools, it is also about content, and an up-to-date content is one of the key strength of this new edition of Contemporary Strategy.’

Olivier Furrer, Nijmegen School of Management, The Netherlands

 

‘Professor Robert M. Grant has prepared an outstanding text on strategic management that exemplifies theoretical rigor, content integration, practical relevance, and situational currency all together. Highly recommended as an excellent text for MBA students and advanced undergraduate business students.’

Prof. Mingfang Li, Professor of Management, California State University, Northridge

 

‘The conceptual rigor and depth of this book goes beyond that of any competitor in the field. Yet, the coverage of topics is succinct and immediately accessible to readers. The resources available, whether in references to key academic research or instruction material is superb.’

Dr. Rudolf R. Sinkovics, Manchester Business School

 

‘Grant’s text provides a clear and coherent conceptual framework for strategy analysis, accessible to both undergraduate and postgraduate students. Whilst there are many texts that consider strategy, this is one of the very few that successfully blends contemporary theory with examples of practice, to both inform the understanding of the topic and develop relevant applied skills in the reader. When used with the supporting cases text, they provide an excellent rich and discursive environment for the study of modern strategy.’

Dr. Ian Pownall, Hull University Business School

 

‘Grant’s text is well-written and accessible at both the undergraduate and MBA levels, and yet it does so without a loss of rigor and detail necessary to fully understand complex ideas. Furthermore, Grant does a great job keeping up with more recent developments in the strategy literature, connecting cutting-edge research in the field with conceptual frameworks and tools for students to apply in their strategic analyses. ‘

Dr. Jongwook Kim, Western Washington University

 

 

Grant remains a classic of contemporary strategy analysis. The 7th edition keeps the excellent structure we have become accustomed to - tools of analysis, competitive analysis, business strategy and corporate strategy – but is significantly up-dated in key areas such as sources of competitive advantage, in particular the role of complementarity and context in strengthening barriers to competitive imitation. The list of cases has been refreshed with a number of new cases dealing with topics currently of great public interest. Grant’s writing style makes the text equally accessible to graduate students and senior undergraduates’

Prof. Frank Bradley, University College Dublin

 

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Instructors Resources
Wiley Instructor Companion Site
WileyPLUS
Now in WileyPLUS! - A powerful online tool that provides instructors and students with an integrated suite of teaching and learning resources in one easy-to-use website. Visit www.wileyplus.com. WileyPLUS for Contemporary Strategy Analysis 7e includes: A complete online version of the text (eBook). Link-to-text" feature allowing students to access specific portions of their online text for immediate, contextual help as they are working. Videos, author Podcasts, suggested answers to questions, many cases and case teaching notes, and much more!
Instructor’s Companion Website
Password protected website www.contemporarystrategyanalysis.com offers a complete package of instructors resources.
Instructor’s Manual with Test Bank
The Instructor's Manual covers principle features of the book and can aid in the design of courses on strategic management. It also provides guidance on appropriate cases to use with the text.
PowerPoint Slides
A robust set lecture slides gives instructors the ability to completely integrate classroom lecture with a powerful visual statement of chapter material. Includes figures and illustrations from the book and summarizes key points from the chapters.
Case Teaching Notes
Complements the text only or text with cases by further illustrating the key strategic management concepts and frameworks.
Extra Cases and Case Teaching Notes
Helps demonstrate current business theory using real business situations, focusing on well-known companies from North America, Europe and Asia.
Suggested Answers to questions
Podcasts
Lectures by author Rob Grant as well as summaries and key points for each chapter and case.
Video Clips
Journal Articles
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Students Resources
Wiley Student Companion Site
WileyPLUS
Now in WileyPLUS! - A powerful online tool that provides instructors and students with an integrated suite of teaching and learning resources in one easy-to-use website. Visit www.wileyplus.com. WileyPLUS for Contemporary Strategy Analysis 7e includes: A complete online version of the text (eBook). Link-to-text" feature allowing students to access specific portions of their online text for immediate, contextual help as they are working. Videos, author Podcasts, suggested answers to questions, many cases and case teaching notes, and much more!
PowerPoint Slides
A robust set lecture slides gives instructors the ability to completely integrate classroom lecture with a powerful visual statement of chapter material. Includes figures and illustrations from the book and summarizes key points from the chapters.
Podcasts
Lectures by author Rob Grant as well as summaries and key points for each chapter and case.
Video Clips
Journal Articles
Student Companion Website
Free student website www.contemporarystrategyanalysis.com offering a complete package of student learning resources.
ADDITIONAL RESOURCES
WileyPLUS
A research-based online environment for learning and assessment.
Learn more
CourseSmart
Instant access to textbooks as eTextbooks.
Learn more
See More
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Purchase Options
Paperback   
Cases to Accompany Contemporary Strategy Analysis, 7th Edition
ISBN : 978-0-470-68633-1
430 pages
March 2010, ©2010
$70.95   BUY

Paperback   
Contemporary Strategy Analysis: Text Only, 7th Edition
ISBN : 978-0-470-74710-0
516 pages
February 2010, ©2010
$100.95   BUY

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