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Strategic Management: A Cross-Functional Approach (4th Edition), by Stephen J. Porth
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Good strategic managers are capable of seeing the big picture and managing across the whole organization — that is the message of Strategic Management: A Cross-Functional Approach. This text shows students that successful strategic management requires an ability to see the organization as a whole—to step out of the functional silos that students tend to acquire through previous work experience or prior courses, and see the organization in a new way. To be good strategic thinkers, people from a marketing or HR background need to understand financials and how to use them, and finance and accounting people need to see that customer and employee relationships are the lifeblood of the organization.
Strategic Management is unique in covering the research, tools, and theory of strategic management – taking a cross-functional and integrative perspective, by focusing on value creation for customers, employees, and owners/stockholders. This concept, called the customer-employee-owner cycle, is introduced in Chapter 1 and serves as an organizing framework throughout the book.
Each chapter is brought to life for students with a “focus company,” used as a running example to illustrate and enliven the material in the chapter. Focus companies include organizations students are familiar with and interested in, such as Nike, Microsoft, Wal-Mart, John & Johnson, and the Walt Disney Company.
- Sales Rank: #335709 in Books
- Brand: Pearson Learning Solutions
- Published on: 2011-07-07
- Ingredients: Example Ingredients
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .80" w x 6.90" l, 1.19 pounds
- Binding: Paperback
- 302 pages
- Used Book in Good Condition
About the Author
Dr. Stephen Porth is associate dean of the Haub School of Business at Saint Joseph’s University and a professor of management. He holds a PhD in business administration and strategy from Temple University, an MBA in marketing from Drexel University, and a BS in management from Saint Joseph’s. His research and teaching interests are in the areas of strategic management, leadership, management consulting, and business ethics. His research has been published extensively in management journals and he has written three books on strategy.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Great strategic management text
By Blackjack Wildcat
Porth presents strategic mgmt with tons of references. The value in this book is in the time it saves you in gathering all the excellent references that go into each topic and chapter.
2 of 2 people found the following review helpful.
A NO FRILLS STRATEGIC LEADERSHIP-MANAGEMENT PRIMER
By Dr. F. R. Bosch
"Strategic Management: A Cross-Functional Approach" (SM) is one of those much needed, yet, rare finds that treats the organization for what it actually is/ought to be - a cooperative arrangement of functional departments/divisions of knowledge workers aimed at carrying out the firm's mission and vision.
SM, in some respects, acts as a bridge to facilitate contemporizing leadership-management with, what appears to be, a faint Systems and Quality Management ideology background, for the non Systems and QM-minded strategist.
Having reviewed a number of the more "popular" books before getting acquainted with SM, its content was "meticulously" examined and found to be an extremely well thought-out book. It is a contemporary, no frills, yet comprehensive treatment of the subject that takes into account some of the "best" of what has been written about leadership and management. Its ten chapters are succinct and to the point. Its diagrams are clear and concise. Its tables are practical and user friendly. A wealth of information packed in 266 pages.
SM encourages to analytically and critically examine different strategic management perspectives; integrate these perspectives with the individual knowledge centers of the firm; and, ultimately formulate unique company-oriented strategic models.
Unlike other business books that focus narrowly on a given functional area of business (accounting, human resources, information systems, logistics, marketing, operations and production, and research and development), SM is about looking at the enterprise from the big-picture perspective and connecting the dots. Its center of attention is the total organization, its industry, the competitive environment in which it operates, its long-term goals, its direction and strategy, its resources and competitive capabilities, and its opportunities for success.
SM is not about solving single problems or issues, confining one's analysis to a narrow functional area, or coming up with only one right answer. Instead, SM encourages to think and carry on strategically. That is, to think and act from a futuristic, and holistic organizational perspective, asking not "What is?," but "What is your destination?," "What future do you seek?," and more specifically, "Who are we?," "What we want to achieve?," and "How will we achieve our mission and objectives?" It also addresses, "What are we going to sell to?" "Who are our target customers?," and "How can we outdo or bypass the competition?"
0 of 0 people found the following review helpful.
Very strategically oriented from a Practical Perspective
By Mahesh Haryu
This is the best book I have come across on this subject. An easy to read and simple to follow book, it is ideal for a bigger audience from a grad student to a corporate executive.
Stephen and team have done a terrific job in conveying the overall concept in understable terms. Inclusion of Behavioral aspects of strategic management was a good choice. I would like see to the newer editions include topics on innovation, this is one area where the book dilutes its focus.
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