Understanding Strategic Management by Anthony Henry: A Review
Strategic management is a vital skill for anyone who wants to succeed in today's complex and competitive business environment. But how can one learn the concepts and tools of strategic management in a concise, informative and practical way?
One possible answer is to read Understanding Strategic Management by Anthony Henry, a textbook that aims to introduce students to the key stages of strategic management: analysis, formulation and implementation. The book is divided into four parts, each covering a different aspect of strategy. The first part defines the concept of strategy and its role in creating a sustainable competitive advantage. The second part explains how to analyze the external and internal environment of a business, using frameworks such as PESTLE, Porter's Five Forces and SWOT. The third part shows how to formulate strategies at different levels: corporate, business and functional. The fourth part discusses how to implement strategies effectively, considering issues such as organizational structure, culture, leadership and control.
Anthony Henry Understanding Strategic Management Pdfrar
The book is packed with real-life examples and case studies from diverse and contemporary organizations, such as Netflix, Ikea, Ryanair and Berkshire Hathaway. The book also features \"Strategy in Focus\" boxes that highlight strategic issues in popular media, such as Saudi Aramco's diversification away from oil and gas, or LG Chem's battery production. At the end of each chapter, there are review and discussion questions that encourage students to be critical of the material and to apply their knowledge to different scenarios. The book also provides online resources for students and lecturers, such as extension material, multiple choice questions, further case material and PowerPoint slides.
Understanding Strategic Management is an ideal introduction to strategy for students who require a one-semester course that is informative yet practical. The book conveys the realities of strategic management through a diverse selection of international and contemporary examples, while emphasizing the essential tools of analysis. The book is written in a clear and engaging style that makes it easy to follow and understand. The book is suitable for undergraduate and postgraduate students of business administration, management, marketing and related disciplines.One of the strengths of Understanding Strategic Management is that it covers a wide range of topics and theories that are relevant for strategic management. The book includes chapters on corporate social responsibility, business ethics, disruptive innovation, value innovation, blue ocean strategy, mergers and acquisitions, and more. The book also incorporates the latest research and developments in the field of strategic management, such as hypercompetition, dynamic capabilities, emotional intelligence, and stakeholder theory. The book provides a balanced and critical perspective on different approaches and frameworks, highlighting their advantages and limitations.
Another strength of Understanding Strategic Management is that it is designed to enhance student learning and engagement. The book uses a variety of pedagogical features to help students master the concepts and skills of strategic management. For example, the book provides chapter maps and learning objectives at the beginning of each chapter to guide students through the main topics and outcomes. The book also uses diagrams, tables and figures to illustrate key points and concepts. The book also provides summaries and key terms at the end of each chapter to reinforce student understanding and retention. The book also offers online resources that complement the book content and provide additional opportunities for practice and feedback. 0efd9a6b88