Strategic Management

Success in business depends to a considerable degree on the ability to craft and implement effective strategies. This book is written for practicing executives getting ready to assume executive responsibilities and for MBA and EMBA students who aspire to senior management responsibilities. Organizational success crucially depends on having a superior strategy and effectively implementing it. Companies that outperform their rivals typically have a better grasp of what customers value, who their competitors are, and how they can create an enduring competitive advantage. Successful strategies re flect a solid grasp of relevant forces in the external and competitive environment, a clear strategic intent, and a deep understanding of a company’s core competencies and assets. Generic strategies rarely propel a firm to a leadership position. Knowing where to go and finding carefully considered, creative ways of getting there are the hallmarks of successful strategy.