Contemporary Strategic Management

Contemporary Strategic Management (6 ed.)
Robert M. Grant

Book Summary by:Pavan Soni Doctoral Student, IIM Bangalore www.pavansoni.net [e-mail]

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Quotes
Strategy is the great work of the organization. In situations of life or death, it is the Tao of survival or extinction. Its study cannot be neglected
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Sun Tzu, The Art of War

The strategic aim of business is to earn a return on capital, and if in any particular case the return in the long run is not satisfactory, then the deficiency should be corrected or the activity abandoned for a more favorable one
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Alfred P Sloan, My Years with General Motors

Diversification is like sex; its attractions are obvious, often irresistible. Yet, the experience is often disappointing.
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Robert Grant

Book Summary by Pavan Soni (www.pavansoni.net )

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Definitions
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The term strategy derives from the Greek word strategia, meaning „generalship‟ Strategy is not detailed plan or program of instructions; it is underlying theme that gives coherence and direction to the actions and decisions of an individual or an organization

Book Summary by Pavan Soni (www.pavansoni.net )

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Index
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The Concept of Strategy Goals, Values and Performance Industry Analysis: The Fundamentals Further Topics in Industry and Competitive Analysis Analyzing Resources and Capabilities

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Industry Evolution and Strategic Change Technology-based Industries and Management of Innovation Competitive Advantage in Mature Industries Vertical Integration and the Scope of the Firm

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Organizational Structure and Management Systems The Nature and Sources of Competitive Advantage Cost Advantage Differentiation Advantage

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Global Strategies and Multinational Corporation Diversification Strategy Managing Multi-business Corporation Current Trends in Strategic Management

Book Summary by Pavan Soni (www.pavansoni.net )

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