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Strategic Management

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Title: Strategic Management
by Arthur A. Thompson, A. J. Strickland, John Thompson
ISBN: 0073037141
Publisher: McGraw-Hill/Irwin
Pub. Date: 22 March, 1999
Format: Hardcover
Volumes: 1
List Price(USD): $121.45
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Average Customer Rating: 2.71

Customer Reviews

Rating: 5
Summary: just perfect!!
Comment: strategies for the competitive world with the help of well written cases about the most famous companies in the global world. This book is just perfect. You will deal the problems from the CEO's perspective. good luck and have fun.

Rating: 4
Summary: An Up-to-date Book on Strategic Management
Comment: As commented by other reviewers, the book is indeed wordy. However, its usefulness and value lies in the illustrative examples and Illustration Capsules. The basic principles of strategic management may be simple but its intrepretation and application in different circumstances make strategic management a critical thinking topic. This accounts to a good extent for the length of the book as Thompson & Strickland have included in the book numerous illustrative examples on the application of the concepts of strategic management in practical situations. The 12th edition also introduced two whole new chapters which addresses globalisation and the internet world. Further, nearly all the case studies in the book have been either replaced or up-dated. In fact, the 'up-to-dating' of the book, barely 2 years after the 11th edition hit the market clearly shows the changes in the business world which has merited the issue of the 12th edition. What would have been good would be chapter on Strategies in Managing Change & Transition as any programme in strategic management invariably has to address issue of change in organisations. A very good text on Strategic Management.

Rating: 1
Summary: Extremely Wordy
Comment: I found the book to be extremely wordy. As I read the book, I found myself having to remind myself what the chapter (or topic) was suppose to be covering. Many of the statements in the book are common sense and points are repeated over and over through-out the text. The books is loaded with long list consisting of from 4-12 items. The list appear to be attempts by the authors to include every possible idea they could think of. My Professor used the questions from the test bank and many of the answers were buried in the readings. The cases studies were interesting, and the information on the website helps with the case analysis. Although after reading one of the chapters, any reading was interesting. Reading this book became a chore. If the book is required for class, start reading now because the way the book is written will make you procrastinate.

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