Crafting and Executing Strategy: The Quest for Competitive Advantage PDF, written by Arthur A. Thompson Jr., was first published in 1996 by Irwin/McGraw-Hill. Since then, the book has become one of the most respected resources on business strategy, selling over three million copies worldwide and becoming a staple of many MBA courses.
The book explores a multitude of themes related to strategy, including: organizational effectiveness, planning, development, and implementation. Crafting and Executing Strategy has been widely praised by business leaders around the world for its ability to provide a comprehensive overview of strategic management concepts in an easy-to-read format. It is available as both a hardcover book or ebook format.
The book is a must-have resource for managers and executives looking to gain insights into the complex world of strategy. It provides readers with a comprehensive overview of the concepts involved in strategic management, as well as practical tools and techniques to better understand the process and make better decisions.
Table of Contents
Crafting and Executing Strategy Summary
The book starts with an introduction to the concept of strategy and how it is used in the business world. It then delves into different types of strategies such as corporate, business level, functional, and global strategy. It further discusses strategic management processes such as formulating, implementing and evaluating strategies.
The book also offers a variety of tools for analysis that are useful for both practitioners and academics. These tools include SWOT analysis, Porter’s Five Forces, Value Chain Analysis, Resource-based View of the Firm, Scenario Planning and Game Theory. Finally, it provides a conclusion in which Thompson offers a brief summary of his views on strategy and the importance of aligning it with the organization’s goals and objectives.
Overall, Crafting and Executing Strategy provides a comprehensive overview of the fundamentals of strategy and how to effectively implement it within an organization. It offers a variety of tools for analysis that are useful for both practitioners and academics alike. Furthermore, Thompson’s views on strategy serve as valuable advice for any business looking to succeed in today’s competitive landscape.
Details of Crafting and Executing Strategy Book
| Book | Crafting and Executing Strategy |
| Author | Arthur A. Thompson |
| Original language | English |
| Originally published | 1981 |
| Category | Textbook |
| Publisher | McGraw-Hill/Irwin |
| Total Pages | 1184 |
| Format | PDF, ePub |
Multiple Languages Editions of Crafting and Executing Strategy Book
Crafting and Executing Strategy book has been translated into multiple languages and is now available in several countries around the world.
| Book Editions | Check Now |
|---|---|
| English | Check Price |
About the Author
Arthur A. Thompson is a respected business scholar and renowned expert in the field of strategic management. His research focuses on corporate governance, strategy making, multinational enterprises, and strategic decision-making. He is a professor emeritus at the University of Alabama at Birmingham School of Business.
Thompson has written over 300 articles and 45 books focused on the topics of strategic management, leadership, and corporate governance. He has been cited in numerous books, scholarly articles, and other publications. His most popular book on the subject of strategic management is Crafting and Executing Strategy: The Quest for Competitive Advantage.
In an interview with The Sunday Times, Thompson said that it was important to focus on the basics of business and how those basics can be used to craft a strategy. He emphasized that every company needs to understand their industry, customers, and competitors in order to make smart decisions about where they want to go in the future.
Thompson also wrote books such as Strategic Management: Concepts and Cases, Total Quality Management: Text, Cases and Readings, The Strategy Process: Concepts and Contexts, Strategic Decision Making: A Multidisciplinary and Cross-functional Approach, and Global Strategy.
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FAQs(Frequently Asked Questions)
What is Crafting and Executing Strategy about?
It is about the development and implementation of plans that will help an organization achieve its objectives.
What does Crafting and Executing Strategy teach?
The book outlines the four steps of strategic management: environmental scanning, strategy formulation, strategy implementation, and evaluation and control.
How long does it take to read the Crafting and Executing Strategy book?
It is estimated to take around 6-8 hours to read the book in its entirety.
Who is the target audience of the Crafting and Executing Strategy book?
The book is aimed at executives, managers, and students who are interested in developing their understanding of the strategic management process.
Is Crafting and Executing Strategy book worth reading?
Yes, it is an invaluable resource for anyone seeking to learn more about the development and implementation of effective business strategies.
