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th
8th edition
8 edition
Steven P. Robbins
Steven P. Robbins
Mary Coulter
Mary Coulter
PowerPoint Presentation by Charlie Cook
PowerPoint Presentation by Charlie Cook
Copyright © 2005 Prentice Hall, Inc.
Copyright © 2005 Prentice Hall, Inc.
All rights reserved.
All rights reserved.
L E A R N I N G O U T L I N E
Follow this Learning Outline as you read and study this chapter.
The Importance of Strategic Management
• Define strategic management.
• Explain why strategic management is important.
• Discuss what studies of the effectiveness of strategic
management have shown.
The Strategic Management Process
• List six steps in the strategic management process.
• Explain why it’s important to know an organization’s
mission.
• Describe what managers do when they do external and
internal analyses.
• Explain the role of resources, capabilities, and core
competencies in the internal analysis.
Copyright © 2005 Prentice Hall, Inc. All rights reserved. 8–2
L E A R N I N G O U T L I N E (cont’d)
Follow this Learning Outline as you read and study this chapter.
The Strategic Management Process (cont’d)
• Define strengths, weaknesses, opportunities, and threats.
• Discuss what happens during strategy formulation,
implementation, and evaluation.
Types of Organizational Strategies
• Tell what strategies each level of management is typically
responsible for.
• Describe the three major types of corporate strategies.
• Explain the three growth stra
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