
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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