Strategic Management: Concepts,
12th Edition

Michael A. Hitt, R. Duane Ireland, Robert E. Hoskisson

ISBN-13: 9781305502208
Copyright 2017 | Published
480 pages | List Price: USD $218.95

Examine strategic management with the market-leading text that sets the standard for the most intellectually rich, practical analysis of strategic management. Written by respected experts Hitt, Ireland, and Hoskisson, the 12th edition of STRATEGIC MANAGEMENT is steeped in cutting-edge research featuring more than 500 emerging and leading companies, and reveals trends that you can implement immediately to succeed in your field. You'll discover how to integrate the classic industrial organization model with a resource-based view of the firm to give you a complete understanding of how today's businesses use strategic management to establish competitive advantages and create value for stakeholders in the global marketplace. The freshly reimagined MindTap learning solution provides you with real-world activities that will prepare you to excel as a leader and outperform rivals.

Purchase Enquiry INSTRUCTOR’S eREVIEW COPY

Part 1: STRATEGIC MANAGEMENT INPUTS.
1. Strategic Management and Strategic Competitiveness.
2. The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis.
3. The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages.
Part II: STRATEGIC ACTIONS: STRATEGY FORMULATION.
4. Business-Level Strategy.
5. Competitive Rivalry and Competitive Dynamics.
6. Corporate-Level Strategy.
7. Merger and Acquisition Strategies.
8. International Strategy.
9. Cooperative Strategy.
Part III: STRATEGIC ACTIONS: STRATEGY IMPLEMENTATION.
10. Corporate Governance.
11. Organizational Structure and Controls.
12. Strategic Leadership.
13. Strategic Entrepreneurship.

  • Michael A. Hitt

    Michael A. Hitt is a University Distinguished Professor Emeritus at Texas A&M University. Dr. Hitt received his Ph.D. from the University of Colorado. He has co-authored or co-edited 28 books and authored or co-authored numerous journal articles. A recent article lists him as one of the 10 most cited authors in management during a 25-year period and the Times Higher Education 2010 lists him among the top scholars in economics, finance and management, based on the number of highly cited articles he has authored. The Academy of Management Perspectives recognizes Dr. Hitt as one of the top two management scholars, based on the impact of his work in academia and beyond. The Academy of Management Learning and Education lists him as the highest cited author in strategic management texts. Dr. Hitt has served on the editorial review boards of multiple journals and is former editor of the Academy of Management Journal, former co-editor of the Strategic Entrepreneurship Journal and former editor-in-chief of Oxford Research Encyclopedia. He is a fellow in the Academy of International Business and is a fellow and former president of both the Academy of Management and the Strategic Management Society and. He has received honorary doctorates (Doctor Honoris Causa) from the Universidad Carlos III de Madrid and from Jonkoping University. He has received awards for the best article published in the Academy of Management Executive, Academy of Management Journal, Journal of Management and Family Business Review. He has received the Irwin Outstanding Educator Award, the Career Achievement Award for Distinguished Service and the Career Award for Distinguished Educator from the Academy of Management. He also received Distinguished Alumnus Awards from Texas Tech University and from the University of Colorado.

  • R. Duane Ireland

    R. Duane Ireland is a University Distinguished Professor Emeritus in Mays Business School, Texas A&M University, where he held the Benton Cocanougher Chair in Business. He has also served in various leadership roles, including head of the Department of Management, executive associate dean, acting dean and interim dean. Dr. Ireland taught strategic management courses at all educational levels. He has more than 200 publications, including approximately 25 books. His research focuses on diversification, innovation, corporate entrepreneurship, strategic entrepreneurship and the informal economy. He also has served on multiple editorial review boards and is a former editor of the Academy of Management Journal. He is also a former consulting editor for the Academy of Management Executive, and he has been a guest editor for 13 special issues of journals. Dr. Ireland is a past president of the Academy of Management. He is a fellow of the Academy of Management and the Strategic Management Society, and is a research fellow with the Global Consortium of Entrepreneurship Centers. The Academy of Management Learning and Education lists him as among the most highly cited authors in strategic management texts. He has received awards for the best article published in Academy of Management Executive, the Academy of Management Journal, and the Journal of Applied Management and Entrepreneurship. He received an Association of Former Students Distinguished Achievement Award for Research from Texas A&M University. For five years Thomson Reuters has identified Dr. Ireland as a Thomson Reuters Highly Cited Researcher (a list of the world’s most influential researchers). He has also received two Distinguished Service awards from the Academy of Management.

  • Robert E. Hoskisson

    Robert E. Hoskisson is the George R. Brown Emeritus Chair of Strategic Management at the Jesse H. Jones Graduate School of Business, Rice University. Dr. Hoskisson received his Ph.D. from the University of California-Irvine. His research topics focus on corporate governance, acquisitions and divestitures, corporate and international diversification and cooperative strategy. He teaches courses in corporate and international strategic management, cooperative strategy and strategy consulting. He has co-authored 34 books. Dr. Hoskisson has served on several editorial boards for such publications as the Strategic Management Journal (Associate Editor), Academy of Management Journal (Consulting Editor), Journal of International Business Studies (Consulting Editor), Journal of Management (Associate Editor), Organization Science and Journal of Management Studies (Special Issue Guest Editor). His research has appeared in more than 130 publications, including the Strategic Management Journal, Academy of Management Journal, Academy of Management Review, Organization Science, Journal of Management, Academy of Management Perspective, Academy of Management Executive, Journal of Management Studies, Journal of International Business Studies, Journal of Business Venturing, Leadership Quarterly, Organization Studies, Strategic Management Review, Entrepreneurship Theory and Practice, California Management Review and Journal of World Business. The Academy of Management Learning and Education lists him among the most highly cited authors in strategic management texts. He is also included in the Thomson Reuters Highly Cited Researcher list that catalogues the world’s most influential research scholars. Dr. Hoskisson is a fellow of the Academy of Management and a charter member of the Academy of Management Journal’s Hall of Fame.

  • Chapter-opening cases set the stage for engaging students with each chapter's topics.

  • "Strategic Focus" segments emphasize the relevance of key concepts as students examine interesting, international strategy leaders from today's business world and the actual decisions they have implemented. Students explore how these decisions have influenced strategy within a variety of organizations.

  • Thirteen mini cases, one for each chapter, have rich content that can serve as a catalyst for thoughtful class discussion or individual or group analysis. Each mini case is followed by a set of questions to guide analysis and discussion.

  • The MindTap® digital learning solution has been redesigned after an in-depth study of the strategic management course area and speaking to students and instructors across the country, an immersive learning environment delivers activities within the gradual release of responsibility instructional model to elevate thinking and help students master the case analysis process.

  • Chapter-opening cases set the stage for engaging students with each chapter's topics.

  • "Strategic Focus" segments emphasize the relevance of key concepts as students examine interesting, international strategy leaders from today's business world and the actual decisions they've implemented. Students explore how these decisions have influenced business strategy.

  • A reimagined MindTap® digital learning solution offers an immersive learning environment with engaging activities designed to teach you how to think and act like a manager. Real-world problems are presented in multimedia assignments that will give you the tools you need to excel in your field. Accelerate your learning with directed cases, experiential exercises and branching activities. Work on group projects in a collaborative space and create top-notch papers, presentations, videos, and more.

  • The MindTap® digital learning suite elevates student thinking with engaging activities that teach them to think like managers. Streamline your course planning with a fully customizable learning path designed specifically for the strategic management course area. Multimedia quizzing, directed cases, branching exercises, and a collaborative work environment allow students to complete case analysis projects. Track student progress in real time with our measurable learning objectives and analytics.

  • Cengage Learning's Write Experience is the first in higher education to offer students the opportunity to improve their writing and analytical skills without adding to your workload. Write Experience evaluates students' answers to a select set of assignments for writing for voice, style, format, and originality. For more information about this unique course solution, contact your local sales representative or visit www.cengage.com/writeexperience.

  • Give your students a better understanding of important current trends, contemporary events, and their impact on strategic management. Expanded coverage addresses sustainable physical environment, mentoring new CEOs, strategic leadership in family owned/controlled companies, acquisitions and innovation, open innovations, managing the innovation portfolio, and more, prompting dynamic class discussion and a practical focus that engages students.

  • As individuals who are widely known for their understanding and teaching of strategic management, authors Hitt, Ireland, and Hoskisson are able to share unique, first-hand insights into the use of strategic management tools, techniques, and concepts in business today. The authors use their experience to build a strong foundation from classic as well as contemporary research.

  • This edition establishes a new standard for presenting strategic management knowledge. Fresh content throughout numerous learning features, such as "Strategic Focus" segments and mini cases dealing with leading international companies, clearly connect insightful research with applications. Learning aids, including Knowledge Objectives, Chapter Summaries, and Review Questions, further ensure student comprehension.

  • The all-new Mindtap® Digital Learning Suite offers students the opportunity to experience firsthand what it's like to be a manager. Solve real-world problems that teach you how to think strategically and rise above your rivals.

Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

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