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  • Strategic management process, The - A South African perspective 3/e
  • Lazenby JAA (Kobus) (Editor)
  • ISBN: 9780627039027
  • eISBN: N/A
  • ePub ISBN: 9780627039034
  • 438 Pages | Published: 2021

The business environment can change at any given time and organisations need to be ready to respond if they want to survive. Strategic management is an important and ongoing process of formulating and implementing strategies that help an organisation position itself optimally and so maintain a competitive advantage that results in profit. It creates harmony between any organisation, big or small, and its environment. The strategic management process: a South African perspective explains strategy in such a way that every reader will understand not only how vital the strategic management process is to any organisation but also exactly what it entails.

The strategic management process: a South African perspective follows an understandable and practical approach, making use of numerous figures and “strategy in action” case studies to support the theory. 

Contents are divided into the following four parts:

·         Strategic direction and environmental analysis

·         Strategy formulation

·         Strategy implementation

·         Strategy control and evaluation

The strategic management process: a South African perspective is aimed at students in strategic management as well as at organisations, from corporate and public companies with management training programmes to small business ventures that are trying to gain a competitive advantage in a cut-throat environment.

Kobus Lazenby was an associate professor in the Department of Business Management at the University of the Free State, specialising in strategic management and project management. He has been retired since April 2017. The other contributors lecture in strategic management at various South African universities.

Chapter 1 The strategic management process

 

PART I STRATEGIC DIRECTION AND ENVIRONMENTAL ANALYSIS

Chapter 2 Strategic direction

Chapter 3 Strategy, ethics and social responsibility

Chapter 4 Risk management and corporate governance

Chapter 5 Internal environmental analysis

Chapter 6 External environmental analysis

Chapter 7 Scenario development

 

PART II STRATEGY FORMULATION

Chapter 8 Business-level strategies

Chapter 9 Corporate-level strategies

Chapter 10 Recovery strategies

Chapter 11 Strategies in different industry contexts

Chapter 12 Strategy in the public and not-for-profit sectors

Chapter 13 Strategy choice

 

PART III STRATEGY IMPLEMENTATION

Chapter 14 Strategy implementation and change management

Chapter 15 Components of successful strategy implementation

Chapter 16 Strategic leadership

Chapter 17 Strategy and culture

 

PART IV STRATEGY CONTROL AND EVALUATION

Chapter 18 Strategic control and improvement

 

Supplementary material available for this title includes:

  • PowerPoint slides for all chapters
  • Suggested answers to textbook questions
  • Test bank


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