Crafting and Executing Strategy - Text and Readings

Concepts: the strategic management process - an overview; establishing company direction - developing a strategic vision, setting objectives, and crafting a strategy; industry and competitive analysis; evaluating company resources and competitive capabilities; strategy and competitive advantage; strategies for competing in globalizing markets; new business models and strategies for the Internet economy; tailoring strategy to fit specific industry and company situations; strategy and competitive advantage in diversified companies; evaluating the strategies of diversified companies; implementing and executing strategy - building resource capabilities and structuring the organization; implementing and executing strategy - budgets, policies, best practices, support systems, and rewards; implementing and executing strategy - culture and leadership. Readings: building your company's vision, James C. Collins, Jerry I. Porras; a dynamic view of strategy, Constantinos C. Markides; is strategy making a difference?, J. Moncrieff; what makes savvy global leaders, Allen Morrison, Hal Gergersen, Stewart Black; the balanced scorecard - a necessary good or an unnecessary evil, Stella Moraj, Daniel Oyon, Didier Hostettler; competitive advantage and internal organizational assessment, W. Jack Duncan, Peter M. Ginter, Linda E. Swayne; dynamics of core competencies in leading multinational companies, Briance Mascarenhas, Alok Baveja, Mamnoon Jamil; developing a knowledge strategy, Michael H. Zack; the strategic potential of a firm's knowledge portfolio, David W. Birchall, George Tovstiga; timing - the bedrock of anticipatory management, Stephen C. Harper; strategies to turn adversity into profits, Allan Afuah; playing in the giant's field - strategies for effectively competing in the global marketplace, Carolan McLarney; leveraging the rewards of strategic alliances, Gabor Garai; bringing Silicon Valley inside, Gary Hamel; leveraging the Web for corporate success, David A. Griffith, Jonathan W. Palmer; creating corporate advantage, David J. Collis, Cynthia A. Montgomery; creating the boundaryless organization, Ron Ashkenas; putting people first for organizational success, Jeffrey Pfeffer, John F. Veiga; designing management training and development for competitive advantage - lessons from the best, Judy D. Olian, Cathy C. Durham, Amy L. Kristof, Kenneth G. Brown, Richard M. Pierce, Linda Kunder; adding cultural fit to your diligence checklist, Mitchell Lee Marks; five common mistakes in designing and implementing a business ethics programme, Lori Tansey Martens and Kristen Day; codes of conduct for multinational corporations - an idea whose time has come, S. Prakash Sethi.