1.The Strategic Management Process What is Strategic Management? Alternative Perspectives on Strategy Development Strategic Thinking Key Points Summary References 2.TheExternalEnvironment The Broad Environment The Task Environment Global Business Environments Key Points Summary References 3.Organizational Resources and Competitive Advantage The Strategic Value of Internal Resources and Capabilities Human Resources Physical Resources Financial Resources Knowledge and Learning Resources General Organizational Resources ResourceAnalysis and the DevelopmentofStrategy Key Points Summary References 4.Strategic Direction Influences OD Strategic Direction OrganizationalMission andVisionStatements Business Definition Organizational Values and Purpose KeyPefints Summary References 5.Business-Level Strategies Growth Strategias Competitive Strategies Strategies in an International Context Changes in Strategy Over Time Key Points Summary References 6.Corporate Strategies Development of Corporate Strategy Diversification Methods Portfolio Management Key Points Summary References 7.Strategy Implementation Leadership Organization Culture and Energy Functional Strategies Executing Global Strategies Organizational Structure Xey Points Summary References 8.Strategic Controland Restructuring Strategic Control Systems Strategic Restructuring The Challenge of the Future Key Points Summary References AppendixmPreparing a Strategic Analysis Structuring an Environmental Analysis Structuring an Organizational Analysis Developing a Strategic Plan A Note to Students