Strategic Management: Global Cultural Perspectives for Profit and Non-Profit Organizations (Managing Cultural Differences)

Strategic Management: Global Cultural Perspectives for Profit and Non-Profit Organizations......Page 4
Copyright Page......Page 5
Contents......Page 8
Foreword......Page 11
Acknowledgments......Page 15
Introduction......Page 16
Part One An Overview of the Strategic Planning Process......Page 20
Introduction......Page 22
The Importance of Strategic Management and Planning......Page 23
Dynamic Strategic Management Process......Page 26
Important Terms in Strategic Management......Page 27
Strategic Levels......Page 33
Stakeholders and Stakeholder Management......Page 39
Organizational Strategists......Page 43
Cultural Influences on the Strategic Planning Process......Page 50
The Strategic Importance of Understanding the Global Environment......Page 51
Discussion Questions......Page 52
Endnotes......Page 53
Introduction......Page 56
Diversity: The Changing Workplace......Page 57
Corporate Social Responsibility and Ethics......Page 58
Benchmarking......Page 65
Technology as a Strategic Weapon......Page 66
Small Business and Entrepreneurship......Page 69
Strategic Management in Nonprofit and Public Organizations......Page 78
Overview of Global Strategic Planning......Page 80
Summary......Page 81
Endnotes......Page 82
Part Two Strategy Formulation......Page 86
SWOT Analysis......Page 88
Environmental Scanning and the Value of Information......Page 92
The Role of the Environment......Page 95
The Concept of Strategic Groups......Page 96
Industry Analysis......Page 101
Forecasting......Page 107
Industry Financial Averages......Page 111
Discussion Questions......Page 113
Endnotes......Page 114
Introduction......Page 118
SWOT Analysis......Page 119
The Mckinsey 7-S Framework......Page 123
The Balanced Scorecard......Page 125
Porter's Value Chain Approach......Page 127
Functional Areas of the Business and Strategic Management......Page 129
Organizational Structure......Page 133
Organizational Culture......Page 141
Financial Ratio Analysis......Page 146
Summary......Page 149
Discussion Questions......Page 150
Endnotes......Page 151
Corporate Strategy......Page 154
Growth Strategies......Page 155
Stability Strategy......Page 168
Retrenchment Strategies......Page 169
Portfolio Management Approaches......Page 171
Niche Strategy......Page 176
Summary......Page 178
Endnotes......Page 179
Business-Level Strategies......Page 184
Porter's Generic Competitive Strategies......Page 189
The Importance of Risk Propensity in Strategic Decisions......Page 195
The Impact of the Quality Movement......Page 198
Functional Level Strategy......Page 201
Summary......Page 210
Endnotes......Page 211
Part Three Implementation, Evaluation and Control......Page 216
Introduction......Page 218
What Is Implementation? Why Is It So Important?......Page 219
Programs, Budgets, and Procedures......Page 221
Organization Structure as a Strategic ImplementationVariable......Page 223
Organizational Culture as a Strategic Implementation Variable......Page 228
Managerial Leadership as a Strategic Implementation Variable......Page 233
Discussion Questions......Page 238
Endnotes......Page 239
Introduction......Page 242
The Importance of Strategic Control......Page 243
The Process of Evaluating Strategies......Page 247
Six Evaluation and Control Process Steps......Page 253
Summary......Page 258
Endnotes......Page 259
Part Four The Strategic Planning Process in the Nonprofit Sector......Page 262
Introduction......Page 264
Public-Private Distinctions and Strategic Management......Page 267
Summary......Page 285
Endnotes......Page 286
Introduction......Page 288
The Importance of Strategic Marketing......Page 289
Profit versus Nonprofit Marketing......Page 290
Marketing Research......Page 293
Identification of Competitors......Page 298
Fund Raising as a Strategic Marketing Technique......Page 300
Are Marketing, Selling, and Development the Same?......Page 305
Is Marketing Needed in the Nonprofit Organization?......Page 307
Orientation Toward Marketing......Page 308
Advertising......Page 315
The Marketing Plan......Page 322
Discussion Questions......Page 325
Endnotes......Page 326
Part Five The Global Environment......Page 328
Introduction......Page 330
Overview of Global Strategic Planning......Page 331
Global Political Economy: Foreign Direct Investment (FDI), Trade, Financial Flow, and Technology Transfer......Page 333
FDI Prospects......Page 339
Prospects for Major Host and Home Countries......Page 341
The Role of the Transnational Corporations (TNCs)......Page 342
The Strategic Planner in a Global Multicultural Environment......Page 346
Summary......Page 349
Endnotes......Page 350
Introduction......Page 352
The Reform Process......Page 354
Market Conditions and Strategic Management/Planning......Page 375
Poland, Hungary, and the Czech Republic: Reform Process......Page 387
Discussion Questions......Page 391
Endnotes......Page 392
Index......Page 394