Solution Manual For Strategic Management Concepts BRV 1st Edition by Jeffrey H. Dyer


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Solution Manual For Strategic Management Concepts BRV 1st Edition by Jeffrey H. Dyer

Solution Manual For Strategic Management Concepts BRV 1st Edition by Jeffrey H. Dyer

Give your students a career-boosting advantage with Strategic Management: Concepts and Tools for Creating Real World Strategy by Jeff Dyer, Paul Godfrey, Robert Jensen, and David Bryce. Acting as consultants for your classroom, this stellar author team can help spark ideas, fuel discussions, and introduce visual analytics, collaboration, and decision-making strategies. Designed to respect the time and intelligence of today’s business student, this product cuts through the clutter and provides students with not only an understanding of strategy but a set of tools they can actually use to advance their organizations and their own careers. The presentation is based on concepts and tools used by practicing consultants and managers, and the content, resources, and pedagogical tools have been developed to provide a better course experience for students and instructors. The Preliminary Edition of Strategic Management is available for class testing for free during the 2014-2015 academic year. Go to to inquire about a class test, or contact your local Wiley representative.

Additional ISBNs

0470937386, 1119134765, 1119223741, 9780470937389, 9781119134763, 9781119223740

Table of Content

Title Page
Section I: Overview
Chapter 01: What is Business Strategy?
Strategy at Apple
What is Business Strategy?
Competitive Advantage
Strategy in Practice: Measuring American Home Products’ Competitive Advantage
The Strategic Management Process
What Information and Analysis Guides Strategy Formulation?
External Analysis
Internal Analysis
Strategy in Practice: Apple’s Evolving Mission
How are Strategies Formulated?
Strategy Vehicles for Achieving Strategic Objectives
Strategy Implementation
Who is Responsible for Business Strategy?
Strategy in Practice: Walmart Functional Strategies Implement the Overall Strategy
Who Benefits from a Good Business Strategy?
Ethics And Strategy: The Price Companies Pay to Stay Competitive
Why You Need to Know Business Strategy
Key Terms
Review Questions
Application Exercises
Section II: External Environment
Chapter 02: Analysis of the External Environment: Opportunities and Threats
Nokia and the Smartphone Industry
Determining the Right Landscape: Defining a Firm’s Industry
Strategy in Practice: How the U.S. Government Defines Industries
Five Forces That Shape Average Profitability Within Industries
Rivalry: Competition among Established Companies
Buyer Power: Bargaining Power And Price Sensitivity
Supplier Bargaining Power
Threat of New Entrants
Threat of Substitute Products
Overall Industry Attractiveness
How the General Environment Shapes Firm and Industry Profitability
Complementary Products or Services
Technological Change
General Economic Conditions
Demographic Forces
Ecological/Natural Environment
Global Forces
Political, Legal, and Regulatory Forces
Social/Cultural Forces
Key Terms
Review Questions
Application Exercises
Strategy Tool: Evaluating Industry Attractiveness Using Porter’s Five Forces Model
Section III: The Nature of Business Unit Competitive Advantage
Chapter 03: Internal Analysis: Strengths, Weaknesses, and Competitive Advantage
Disney: No Mickey Mouse Company
The Value Chain
The Resource-Based View
Strategy in Practice: Preserving Disney’s Capabilities: Don’t Mess with the Mouse!
Creating a Sustainable Competitive Advantage: The VRIO Model of Sustainability
Strategy in Practice: Values and Priorities at Pixar
Ethics and Strategy: Nondisclosure, Noncompete, and Resource Protection
Organized to Exploit
Assessing Competitive Advantage with VRIO
Strategy in Practice: Disney Responds to a Competitive Threat
The Company Diamond: A Tool for Assessing Competitive Advantage
Gathering Data for Company Diamond Analysis
Using the Company Diamond
Key Terms
Review Questions
Application Exercise
Chapter 04: Cost Advantage
The World’s Cheapest Car
Economies of Scale and Scope
Ability to Spread Fixed Costs of Production
Ability to Spread Nonproduction Costs
Specialization of Machines and Equipment
Specialization of Tasks and People
Evaluating Economies of Scale: The Scale Curve
Strategy in Practice: The Downside of Size and Scale in the Airline Industry
Economies of Scope
Learning and Experience
The Learning Curve
The Experience Curve
Experience Curves and Market Share
Strategy in Practice: The Relationship Between Market Share and Profitability in Retail Industries
How Strategists Use the Scale and Experience Curves to Make Decisions
Proprietary Knowledge
Lower Input Costs
Bargaining Power over Suppliers
Cooperation with Suppliers
Location Advantages
Preferred Access to Inputs
Different Business Model or Value Chain
Eliminating Steps in the Value Chain
Performing Completely New Activities
Revisiting Tata
Key Terms
Review Questions
Application Exercises
Strategy Tool: How to Calculate a Scale Curve or Experience Curve
Chapter 05: Differentiation Advantage
The Rise of Facebook
What is Product Differentiation?
Sources of Product Differentiation
Different Product/Service Features
Quality or Reliability
Ethics and Strategy: At What Point Does Marketing Become Lying?
Brand Image
How to find Sources of Product Differentiation
Customer Segmentation
Mapping the Consumption Chain
Building the Resources and Capabilities to Differentiate
Assessing Differentiation Performance
Strategy in Practice: How Starbucks Built the Resources to Differentiate
Key Terms
Review Questions
Application Exercises
Strategy Tool: The Net Promoter Score
Section IV: Corporate Level Strategies
Chapter 06: Corporate Strategy
Cisco Systems: Growth through Diversification and Acquisition
Corporate Versus Business unit Strategy
Creating Value Through Diversification
Levels of Diversification
Value Creation: Exploit and Expand Resources and Capabilities
The Six Ss
Strategy in Practice: Creating Value at Newell Rubbermaid
Strategy in Practice: The Challenges of a Conglomerate: ITT Industries
Destroying Value Through Diversification
Methods of Diversification
The Acquisition and Integration Process
Making The Acquisition
Integrating the Target
Ethics and Strategy: Transparency During the Acquisition Process
Strategy in Practice: How GE Integrates Acquisitions
Key Terms
Review Questions
Application Exercises
Chapter 07: Vertical Integration and Outsourcing
Dell and ASUS: A Tale of two Companies
What is Vertical Integration?
The Value Chain
Forward Integration and Backward Integration
Three key Reasons to Vertically Integrate
Dangers of Vertical Integration
Loss of Flexibility
Strategy in Practice: A Classic “Make vs. Buy” Mistake
Loss of Focus
Advantages of Outsourcing
Ethics and Strategy: Should You Outsource to Subcontractors that Use Child Labor?
Strategy in Practice: Outsourcing via Crowdsourcing
Dangers of Outsourcing
Strategy in Practice: How to Prevent a Subcontractor from Becoming a Competitor
Key Terms
Review Questions
Application Exercises
Strategy Tool: Make Versus Buy Assessment
Chapter 08: Strategic Alliances
Tokyo Disneyland
What is a Strategic Alliance?
Choosing an Alliance
Strategy in Practice: Walt Disney and Oriental Land: Why Ally?
Types of Alliances
Nonequity or Contractual Alliance
Equity Alliance
Joint Venture
Vertical and Horizontal Alliances
Strategy in Practice: Bose: Working with Suppliers in Vertical Alliances
Ways to Create Value in Alliances
Combine Unique Resources
Pool Similar Resources
Strategy in Practice: General Motors’ Learning Alliance with Toyota
Create New, Alliance-Specific Resources
Lower Transaction Costs
The Risks of Alliances
Building Trust to Lower the Risks of Alliances
Ethics and Strategy: The Blame Game in Strategic Alliances
Building an Alliance Management Capability
Improves Knowledge Management
Increases External Visibility
Provides Internal Coordination
Facilitates Intervention and Accountability
Key Terms
Review Questions
Application Exercises
Strategy Tool: When To Choose an Alliance Versus an Acquisition
Chapter 09: International Strategy
Lincoln Electric Learns Some Difficult Lessons
The Globalization of Business
Why Firms Expand Internationally
Managing Risk
Responding to Customers or Competitors
Where Firms Should Expand
Cultural Distance
Administrative Distance
Geographic Distance
Economic Distance
How Firms Compete Internationally
Strategy in Practice: How Coca-Cola Manages Economic Distance in Ghana
Multidomestic Strategy—Adapt to fit the Local Market
Strategy in Practice: National Competitive Advantage
Global Strategy—Aggregate and Standardize to Gain Economies of Scale
Arbitrage Strategy
Ethics and Strategy: Is Economic Arbitrage Ethical? Won’t It Lead to Worker Exploitation?
Combining International Strategies
How a Firm Gets Into a Country: Modes of Entry
Licensing and Franchising
Alliances and Joint Ventures
Wholly Owned Subsidiaries
Choosing a Mode of Entry
Key Terms
Review Questions
Application Exercises
Strategy Tool: The International Strategy Triangle—Determining Which Strategy To Use
Section V: Strategy in Dynamic Environments
Chapter 10: Innovative Strategies That Change the Nature of Competition
Innovative Strategies in Home Movie Entertainment
What is an Innovative Strategy?
Incremental versus Radical Innovation.
Strategy in Practice: Understanding Business Models
Categories of Innovative Strategies
Reconfiguring the Value Chain to Eliminate Activities (Disintermediation)
Low-End Disruptive Innovations
Strategy in Practice: The Internet as a “Disruptive” Technology
High-End/Top-Down Disruptive Innovations
Strategy in Practice: Why Incumbents Don’t Respond Effectively to Low-End Disruptions
Reconfiguring the Value Chain to Allow for Mass Customization
Blue Ocean Strategy—Creating New Markets by Targeting Nonconsumers
Free Business/Revenue Models
Strategy in Practice: Where Do Innovative Strategies Come From?
Hypercompetition: The Accelerating Pace of Innovation
Innovation and the Product/Business/Industry Life Cycle (S-CURVE)
Introduction Stage
Growth Stage
Maturity Stage
Decline Stage
Key Terms
Review Questions
Application Exercises
Chapter 11: Competitive Strategy
Delta Simplifies Its Fares
Understanding the Competitive Landscape
Strategic Groups and Mobility Barriers
Strategy Canvas
Strategy in Practice: A Real-World Strategic Group Map
Evaluating the Competition
What Drives the Competitor?
What Is the Competitor Doing or Capable of Doing?
How Will a Competitor Respond to Specific Moves?
Using Game Theory to Evaluate Specific Moves
Principles of Competitive Strategy
Ethics and Strategy: Is Collusion Ethical?
Know your Strengths and Weaknesses
Bring Strength against Weakness
Protect and Neutralize Vulnerabilities
Develop Strategies that Cannot be Easily Copied
Competitive Actions for Different Market Environments
Competition under Monopoly
Competition under Oligopoly
“Perfect” Competition
Strategy in Practice: Tacit Collusion Between AT&T and Verizon
Dynamic Environments
Key Terms
Review Questions
Application Exercises
Strategy Tool: When Does Defecting from Collusion Make Sense?
Section VI: Making and Implementing Strategy
Chapter 12: Implementing Strategy
How Citibank Transformed Itself into a Retail Bank
Alignment: The 7 S Model
Strategy in Practice: How to use the 7 S Model
Ethics and Strategy: Creating an Ethical Climate and Culture Through the 7 S Model
Shared Values
Strategic Change
The Three Phases of Change
The Eight Steps to Successful Change
Strategy in Practice: Work Gloves Create Change
Line of Sight
Strategy in Practice: Creating Line of Sight Measures
Key Terms
Review Questions
Application Exercises
Chapter 13: Corporate Governance and Ethics
Ethics and Governance Failures at Enron
The Purposes of the Corporation
The Shareholder Primacy Model
The Stakeholder Model
Strategy in Practice: Mapping Stakeholder Influence
Governance: Boards and Incentives
The Board of Directors
Compensation and Incentives
Strategy in Practice: America’s Best and Worst Boards
Corporate Ethics
Corporate Culture and Ethics
Creating an Ethical Climate
Strategy in Practice: Google, Censorship, and
Strategy in Practice: The Johnson & Johnson Credo
Key Terms
Review Questions
Application Exercises
Chapter 14: Strategy and Society
Fundacion Paraguaya: Fighting Poverty in Latin America
Strategy and Social-Value Organizations
The Tools of Strategy and the Creation of Social Value
External Analysis and the Value Net
Internal Analysis: Resources and Capabilities
Cost Leadership, Differentiation, and Innovative Strategies
Corporate Strategy and Alliances
Strategy in Practice: Detroit Mercy Law School—Creating Unique Value for Students
Implementation and Governance
Strategy and Social Change
Corporate Social Responsibility (CSR)
CSR and Firm Performance
Social Entrepreneurship
Types of Social Entrepreneurship
Strategy in Practice: Community Enterprise Solutions
Skills of Social Entrepreneurs
Strategy in Practice: Kinder, Lydenberg, and Domini, and the Creation of Socially Responsible Invest
Challenges in Social Entrepreneurship
Key Terms
Review Questions
Application Exercises
Appendix A: Data Sources for Analysis
Appendix B: 20 Valuable Financial Ratios for Strategic Analysis
Company Index
Name Index
Subject Index
Case 01: Walmart Stores: Gaining and Sustaining Competitive Advantage
Case 02: Coca-Cola and Pepsi: and the Shifting Landscape of the Carbonated Soft Drink Industry
Case 03: Intel (A): Dominance in Microprocessors
Case 04: Southwest Airlines: Flying High with Low Costs
Case 05: Harley-Davidson: Growth Challenges Ahead
Case 06: Intel (B): Responding to the Smart Phone Threat
Case 07: Nike: Sourcing and Strategy in Athletic Footwear
Case 08: AT&T and Apple: A Strategic Alliance
Case 09: Samsung: Overtaking Philips, Panasonic, and Sony as the Leader in the Consumer Electronics
Case 10: New Business Models: Netflix, Redbox, Hulu, and Others in Home Movie Entertainment
Case 11: Smartphone Wars
Case 12: Lincoln Electric: Aligning for Global Growth
Case 13: Corporate Governance and Ethics: A Series of Decisions
Case 14: Safe Water Network: Mastering the Model at Dzemeni
Case 15: Walmart Versus Amazon: The Battle for Online Dominance
Case 16: Skype: Competing with Free
Case 17: Sears Holdings Corporation: In Need of a Turnaround Strategy
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Solution Manual For Strategic Management Concepts BRV 1st Edition by Jeffrey H. Dyer