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A short course of lectures
«Strategic Management in the 21st Century. Theories of Strategic Management»





NOTESHybridStrategic Value Management: A New Generation of Strategic Management ThinkingStevenson's Six DimensionsStrategic ConflictAPPROACHES TO STRATEGIC MANAGEMENT: HISTORY TO PRESENTThe Timing and Know-How ArenaComplianceUNCERTAINTYEmotional AttachmentTYPES OF ENTREPRENEURS: A CATEGORIZATIONLiterature Related to How to Measure a Firm's Economic Performance, and Its Connection with Industry and Firm's FactorsPERCEIVED VALUE AND BENCHMARKINGDifficult to Imitate and NonsubstitutableMODIFIERSInnovation and Resources StrategiesPRACTICAL GUIDANCEIntegrating Values and Integrity StandardsEnforcementSOME MANAGEMENT FRAMEWORKS WORK BETTER THAN OTHERSThe Cost-Quality ArenaEVOLUTION OF THEORIES IN STRATEGIC MANAGEMENTLiterature Related to Market Power and ResourcesTakeawaysDealing with Complexities: The Role of Management FrameworksThe Link between Stock Value Creation and Strategic ManagementNOTESTHE THIRD DIMENSION OF SVM, CAPITAL DRIVEN BY RESOURCESRarityHOW COSTS ARE CREATEDStrategy and Entrepreneurship—A Discussion of Strategic EntrepreneursKnowledge-Based View (KBV)NegotiatingStrategic DecisionsThe Mind of an Entrepreneur—Timmons' WorkTHE PROCESS OF ENTREPRENEURSHIPMonitoringSearchTHE SPIDER CHARTUNIQUE VALUETHE FIRST DIMENSION OF SVM: PROFITS DRIVEN BY COMPETITIONINFLUENCING THE ENTREPRENEURIAL ENGAGEMENT—A MOTIVATIONAL ASPECTNOTESNeoclassical TheoryExamples of Intrapreneurial ActivitiesNOTESSocial Entrepreneurs—Past and PresentWhy Study Theories of Business Strategy?RISK ACCEPTANCEValuableGame TheoryCoordinationThe Strongholds ArenaCharacteristics of Entrepreneurs—Bygrave's WorkThe Resource-Based View (RBV)THE VRINO FRAMEWORKMarket PowerNOTESRisk PreferenceGeneric Competitive StrategiesTHE TOWARD PERFORMANCE EXCELLENCE FRAMEWORKLiterature Related to Intellectual CapitalTrust MaintenanceBounded RationalityADDITIONAL UNIQUE OPPORTUNITY RECOGNITIONMANAGEMENT FRAMEWORKS OVERVIEWGrowth and Stock Value CreationCRITICAL DIMENSIONSTHE DYNAMIC CAPABILITIES PERSPECTIVEITERATIVE INVESTMENT AND COMMITMENTCOMPETITION-BASED THEORIES OF BUSINESS STRATEGYMajor Theories of Business StrategySVM FOR A GOVERNMENT AGENCY, ARMED FORCES, NONPROFIT ORGANIZATIONSA PORTFOLIO OF OPTIONS VERSUS AN OPTION ON A PORTFOLIOTrust DevelopmentTransparencyTrust RepairThe Product-Market Growth MatrixResource-Based View (RBV)MANAGING ALLIANCES WITH COMPETITORS AND NONCOMPETITORSThe Strongholds ArenaMOTIVATIONS FOR ENTERING INTO A STRATEGIC ALLIANCESOME HISTORY OF ECONOMIC THEORIES UNDERLYING ENTREPRENEURSHIPINDUSTRY-BASED FOUNDATIONS OF BUSINESS STRATEGYMonitoring and ReportingCONCLUDING THOUGHTSHypercompetition in the 21st Century: A Look Back and a Look ForwardNOTESWHAT ARE TRANSACTION COSTS?Options and Strategic ManagementOrganizational ResourcesThe Deep Pockets ArenaPRODUCT-MARKET-BASED VIEWS OF BUSINESS STRATEGYManaging Organizational Trust in the 21st Century: A Pragmatic Approach to Trust Development, Maintenance, and RepairNOTESSustained Competitive AdvantageA BRIEF HISTORYAbout the Editors and ContributorsAsset SpecificityA Framework for Major Theories of Business StrategyFuture Directions in Business Strategy Theoretical DevelopmentREAL OPTION VALUATIONTHE BALANCED SCORECARD AND STRATEGY MAPSStrategic Integrity Management as a Dynamic CapabilityOrganized to be ExploitedDecision MakingEvolving Views of EntrepreneurshipContractingDRAWBACKS OF ALLIANCESMCKINSEY 7S MODELStrategy TheoriesEstablishing Integrity StandardsEnforcing Integrity StandardsTHE SIX PERFORMANCE DRIVERSMonitoringAgency TheoryTHE 5PS MODEL BY PRYOR, WHITE, AND TOOMBSFrom "Quest for Value" to Quest for ValuesResources Part 2: Unique, Inimitable and Rare Resources to Boost Market Power and InnovationThe Deep Pockets ArenaPromoting Responsible BehaviorCHARACTERISTICS OF SUCCESSFUL ENTREPRENEURSGovernanceLiterature Related to Growth and ResourcesResources Part 1: Physical versus Intellectual CapitalTHE FOUNDATIONS OF THE RESOURCE-BASED VIEWELEMENTS AND CORE ACTIVITIES OF AN EFFECTIVE INTEGRITY AND COMPLIANCE PROGRAMInformation Asymmetry and ImpactednessEVOLUTION OF ALLIANCESNOTESRecapThe Timing and Know-How ArenaLITERATURE REVIEWA LOOK BACKTHE ENTREPRENEUR AND THE NOTION OF VISIONTransaction Cost EconomicsINPUT MARKET ADVANTAGESThe Disruption of HypercompetitionPolaroid: A Classic Case of Strategic FailureLiterature Related to Entry Barriers as Components of Market PowerSVM'S APPLICATION TO SUSTAINABILITYINTEGRATING ENTREPRENEURSHIP WITH STRATEGYHierarchyClassical Capitalist Economic TheorySTRATEGIC ENTREPRENEURSHIPTransaction FrequencyApplying the VRINO FrameworkIRREVERSIBILITYTakeawaysHow Governance Structure Is ChosenThree-Dimensional View of Product-Market DecisionsPOSITIONING WITHIN THE ORGANIZATIONAL CONTEXTSTRATEGIC ENTREPRENEURSHIP— CONCEPTUAL FRAMEWORKSENTREPRENEURSHIP EXTENDS ITS INFLUENCE— THE RISE OF THE SOCIAL ENTREPRENEURHistorical Development and Overview of Strategy TheoryTrustworthinessTPE IMPLEMENTATIONROUTINES AND CAPABILITIESSchumpeterian VisionTrust and ReputationResources and Dynamic Capabilities: The Foundations of Competitive AdvantageThe Age of Temporary AdvantageNOTESENTREPRENEURSHIP VERSUS INTRAPRENEURSHIPCompetitive Dynamics TheoryLiterature Related to Models to Measure a Firm's Economic PerformanceMiles and Snow TypologyTHE EVOLUTION OF STRATEGIC MANAGEMENTResources Part 3: Resources Developed Internally versus Acquired versus SharedEarly Concepts of StrategyLimitations of Product-Market-Based Views of Business StrategyIndustrial Organization (IO) TheoryTrainingSTRATEGY AND STRATEGIC MANAGEMENTUncertaintyBureaucracySmall Numbers ExchangeManagerial ImplicationsOVERVIEW OF TRUSTDynamic CapabilitiesBACKGROUNDCompetitive ForcesWhistle-BlowingTransaction Cost EconomicsA LOOKAHEADMarketThe Competitive Advantage of Strategic Alliances: Companies Profiting from Partnerships with Competing and Noncompeting CompaniesResponsible LeadershipRESOURCE-BASED THEORIES OF BUSINESS STRATEGYAPPENDIX: LITERATURE REVIEWTakeawaysLiterature Related to Concentration as a Proxy of Market PowerThe Cost-Quality ArenaBASIC PRINCIPLES FOR AN ORGANIZATIONAL SET-UP OF AN INTEGRITY AND COMPLIANCE DEPARTMENTBASIC PRINCIPLES FOR AN EFFECTIVE INTEGRITY MANAGEMENT PROGRAMTHE SECOND DIMENSION OF SVM: SALES GROWTH-DRIVEN INNOVATIONMANAGEMENT IMPLICATIONSSources of Firms' Economic PerformanceWal-Mart: A Classic Success StoryUNIQUE DISCOUNT RATESStrategic ManagersTakeawaysIndependent, Internal AssuranceINTERLUDE: FOUR ARENAS ANALYSISTHE SOURCE OF CORPORATE INTEGRITY ISSUESACCENTURE'S ADVANCED PERFORMANCE MANAGEMENT SOLUTIONFIVE REASONS TO INVEST IN AN INTEGRITY MANAGEMENT PROGRAMOpportunistic Behavior
 
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