Part I: Introduction:1. The Concept of Strategy:Introduction and ObjectivesThe Role of Strategy in SuccessA Framework for Analyzing Business StrategyA Brief History of Business StrategyThe Distinction between Corporate and Business StrategyDifferent Approaches to Strategy: Design versus ProcessThe Different Roles of Strategy within the FirmThe Role of Analysis in Strategy FormulationSummaryPart II: Tools of Strategy Analysis:2. Goals, Values, and Performance:Introduction and ObjectivesStrategy as a Quest for ValueApplying the Principles of Value Creation to Strategic ManagementValues, Mission, and VisionSummary3. Analyzing the Industry Environment:Introduction and ObjectivesFrom Environmental Analysis to Industry AnalysisThe Determinants of Industry Profit: Demand and CompetitionAnalyzing Industry AttractivenessApplying Industry AnalysisDefining Industries: What's the Relevant Market? Extending the Five Forces FrameworkThe External Sources of Competitive Advantage: Identifying Key Success FactorsSummary4. Intra-Industry Analysis:Introduction and ObjectivesThe Contribution of Game TheoryCompetitor AnalysisSegementation AnalysisStrategic GroupsSummary5. Analyzing Resources and Capabilities:Introduction and ObjectivesThe Role of Resources and Capabilities in Strategy FormulationThe Resources of the FirmOrganizational CapabilitiesAppraising the Profit-Earning Potential of Resources and CapabilitiesPutting Resource and Capability Analysis to Work: A Practical GuideDeveloping Resources and CapabilitiesSummaryAppendix: The Contribution of Knowledge and Management6. Organization Structure and Management Systems:Introduction and ObjectivesThe Evolution of the CorporationThe Principles of Organizational DesignHierarchy in Organizational DesignApplying the Principles to Designing OrganizationsAlternative Structural FormsManagement Systems for Coordination and ControlSummaryPart III: The Analysis of Competitive Advantage:7. The Nature and Sources of Competitive Advantage:Introduction and ObjectivesThe Emergence of Competitive AdvantageSustaining Competitive AdvantageCompetitive Advantage in Different Market SettingsTypes of Competitive AdvantageSummary8. Cost Advantage:Introduction and ObjectivesEconomies of ExperienceThe Sources of Cost AdvantageUsing the Value Chain to Analyze CostsManaging Cost CuttingSummary9. Differentiation Advantage:Introduction and ObjectivesThe Nature of Differentiation and Differentiation AdvantageAnalyzing Differentiation: the Demand SideAnalyzing Differentiation: the Supply SideBringing it all Together: The Value Chain in Differentiation AnalysisSummaryPart IV: Business Strategies in Different Industry Contexts:10. Industry Evolution:Introduction and ObjectivesThe Industry Life CycleStructure, Competition, and Success Factors Over the Life CycleAdapting to Change and Shaping the FutureSummaryAppendix: Other Approaches to Industry Classification11. Technology-Based Industries and the Management of Innovation:Introduction and ObjectivesCompetitive Advantage in Technology-Intensive IndustriesStrategies to Exploit Innovation: How and When to EnterCompeting for StandardsImplementing Technology Strategies: Creating the Conditions for InnovationSummary12. Competitive Advantage in Mature Industries:Introduction and ObjectivesKey Success Factors in Mature EnvironmentsStrategy Implementation in Mature Industries: Structure, Systems, and StyleStrategies for Declining IndustriesSummaryPart V: Corporate Strategy:13. Vertical Integration and the Scope of the Firm:Introduction and ObjectivesTransaction Costs and the Scope of the FirmThe Costs and Benefits of Vertical IntegrationDesigning Vertical RelationshipsSummary14. Global Strategies and the Multinational Corporation:Introduction and ObjectivesImplications of International Competition for Industry AnalysisAnalyzing Competitive Advantage in an International ContextApplying the Framework: International Location of ProductionApplying the Framework: Foreign Entry StrategiesMultinational Strategies: Globalization versus National DifferentiationStrategy and Organization Within the Multinational CorporationSummary15. Diversification Strategy:Introduction and ObjectivesTrends in Diversification Over TimeMotives for DiversificationCompetitive Advantage from DiversificationDiversification and PerformanceSummary16. Managing the Multibusiness Corporation:Introduction and ObjectivesThe Structure of the Multibusiness CompanyThe Role of Corporate ManagementManaging the Corporate PortfolioManaging Individual BusinessesManaging Internal LinkagesRecent Trends in the Management of Multibusiness CorporationsSummary17. Current Trends in Strategic Management:IntroductionA New economy? New Directions in Strategic ThinkingRedesigning the OrganizationNew Modes of LeadershipSummaryIndex