Strategic Management and Competitive Advantage: Concepts and Cases, Global Edition, 6th edition

For courses in strategy and strategic management.

Core strategic management concepts without the excess

Strategic Management and Competitive Advantage: Concepts and Cases strips out the unnecessary, by presenting material that answers the question: does this concept help students analyze real business situations? Each chapter has four short sections that cover specific issues in depth, allowing professors to adapt the text to their particular needs. By utilizing this carefully crafted approach, the 6th Edition provides students with the tools they need for strategic analysis.

Also available with MyLab Management 

MyLab™ is the teaching and learning platform that empowers you to reach every student. By combining trusted authors’ content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. Learn more about MyLab Management.

Help students develop critical-thinking skills

· New - Chapter Six summarizes the latest theoretical and empirical work on the value of strategic flexibility. It describes the settings under which flexibility will create value, and how that value can be estimated.

· New - Chapter Seven explores the economic -- and ethical -- implications of explicit and tacit collusion. Even if a particular firm chooses to not engage in collusion, it must still understand this strategy and its economic consequences, because some of its competitors may choose this strategy.

· The fundamental concepts include a five forces framework, value chain analysis, generic strategies, and corporate strategy. VRIO framework is used through the text to help students understand Strategic Management concepts.

Engaging examples from recent strategic management models

· New and Updated - Opening Cases in the text and instructor’s manual use timely examples on:

o New - “Go, Pokémon, Go” in Chapter One: This case discusses how the Pokemon altered reality game was created, and asks if this product will be a source of sustained competitive advantage.

o New - “How Attractive is the Music Streaming Business?” in Chapter Two: Music streaming services are very popular, but very few make money. Why is this the case, and what impact will this have on the strategies of these firms.

o New - “When a Noun Becomes a Verb” in Chapter Three: Why has Google gained a competitive advantage, and will the company be able to sustain it?

Present specific issues and research made relevant in a flexible format

Each chapter presents specific issues in more depth, allowing professors and students to adapt the text to their particular needs:

· Strategy in Depth examines the intellectual foundations that are behind the way managers think about the practice of strategy today.

· Ethics and Strategy delves into some of the ethical dilemmas that managers face as they confront strategic decisions.

Also available with MyLab Management

MyLabTM is the teaching and learning platform that empowers you to reach every student. By combining trusted authors’ content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. Learn more about MyLab Management.

Reach every student with MyLab

· Deliver trusted content: You deserve teaching materials that meet your own high standards for your course. That’s why we partner with highly respected authors to develop interactive content and course-specific resources that you can trust -- and that keep your students engaged.

o Mini Sims put students in professional roles and give them the opportunity to apply course concepts and develop decision-making skills through real-world business challenges.

· Empower each learner: Each student learns at a different pace. Personalized learning pinpoints the precise areas where each student needs practice, giving all students the support they need -- when and where they need it -- to be successful.

o The Study Plan gives students personalized recommendations, practice opportunities, and learning aids to help them stay on

Help students develop critical-thinking skills

· Chapter Six summarizes the latest theoretical and empirical work on the value of strategic flexibility. It describes the settings under which flexibility will create value, and how that value can be estimated.

· Chapter Seven explores the economic -- and ethical -- implications of explicit and tacit collusion. Even if a particular firm chooses to not engage in collusion, it must still understand this strategy and its economic consequences, because some of its competitors may choose this strategy.

Engaging examples from recent strategic management models

· Opening Cases in the text and instructor’s manual use timely examples on:

o “Go, Pokémon, Go” in Chapter One: This case discusses how the Pokemon altered reality game was created, and asks if this product will be a source of sustained competitive advantage.

o “How Attractive is the Music Streaming Business?” in Chapter Two: Music streaming services are very popular, but very few make money. Why is this the case, and what impact will this have on the strategies of these firms.

o “When a Noun Becomes a Verb” in Chapter Three: Why has Google gained a competitive advantage, and will the company be able to sustain it?

Check out the preface for a complete list of features and what's new in this edition