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Differences between old and new versions of Foundations of strategy by Grant and Jordan

What

Where

Closing and opening cases


(detailed list in a separate
table below)

(Ch 1 to 9)

Not-for-profit
organizations

(Ch 1 mainly + throughout


the whole book)

New version
Changes and updates to reflect the
current issues facing decision making
Received a more integrated approach to
value creation and strategic analysis

SHIFTED in: The discussion about the public-sector and not-for profit is moved from Ch 5.
SHIFTED in: Stakeholder analysis discussion is moved from Ch 5
NEW: Strategic management of not-for profit organizations (+table applying the concepts and tools of
strategic analysis to different org-s)
Stronger emphasis on
strategic change and
strategy implementation

(Ch 5)

Challenges and ways of managing change >development of new capabilities and


ways in which organisation seek to
become more flexible

SHIFTED out: The discussion about the public-sector and not-for profit is moved to Ch 1.
SHIFTED out: Stakeholder analysis discussion is moved to Ch 1
NEW: Managing organizational adaptation and strategic change
Sources of organizational inertia
Coping with technological change
NEW: Managing strategic change
Dual strategies and organizational ambidexterity
Tools of strategic change management
Dynamic capabilities
Developing news capabilities
Strategy implementation
focus

(Ch9)

A systematic approach to strategy


execution

REMOVED: The organisational challenge: reconciling specialisation with coordination and cooperation
NEW (instead of removed part): From strategy to execution
EXPANDED: Organisational design: The fundamentals of organizing+ Choosing the right structure
REMOVED: Management systems

Trends in strategic
management (Completely
new chapter)

(Ch10)

Reflect the changes in the business


climate and new strands of research
including practice-based approaches.

NEW cases in the 2015 edition

1.

Chapter
The concept of strategy

2.

Industry analysis

3.
4.

Resources and capabilities


The nature and sources of
competitive advantage
Industry evolution and
strategic change
Technology-based industries
and the management of
innovation
Corporate strategy

5.
6.

7.
8.
9.

Global strategies and the


multinational corporation
Realizing strategy

10. Current trends in strategic


management

Opening case
Strategy and success:
Lady Gaga and Jeff Bezos
Port of gold? The
Colorado marijuanagrowing industry.
Harley-Davidson, Inc.
Singapore Airlines (SIA)

Closing case
Tough Mudder LLC: Turning mud runs into a
global business
Fitness First and the UK health and fitness club
industry

The evolution of
personal computers
e-Book readers

Cirque du Soleil

Tesco plc.: From food to


finance
IKEAs international
strategy
BPs environmental
disasters

Diversification at Disney

Wal-Mart Stores, In.


Starbucks Corp.

Nespresso

Sharp and the production of liquid crystal


displays
Designing and redesigning CISCO

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