Chapter 2
                     Chapter 2                                                   The Strategic
                     External                                                     The Strategic
        c            External
        i          Environment
          s        Environment
        g t                                                                       Management
        e u                                          Strategic Intent             Management
        t p                                          Strategic Intent
        a n
        r
        t I                                         Strategic Mission
                                                     Strategic Mission                     Process
        S            Chapter 3                                                             Process
                     Chapter 3
                     Internal
                      Internal
                   Environment
                   Environment
                      Strategy Formulation                               Strategy Implementation
                      Strategy Formulation                               Strategy Implementation
              Chapter 4         Chapter 5          Chapter 6             Chapter 10        Chapter 11
              Chapter 4         Chapter 5          Chapter 6             Chapter 10        Chapter 11
           Business-Level      Competitive     Corporate-Level           Corporate          Structure
        c sBusiness-Level      Competitive      Corporate-Level          Corporate          Structure
        i n
        g      Strategy         Dynamics            Strategy            Governance
               Strategy         Dynamics            Strategy            Governance         & Control
        e o                                                                                & Control
        t i
        a t
        r c
        t A
        S     Chapter 7          Chapter 8
              Chapter 7          Chapter 8         Chapter 9             Chapter 12        Chapter 13
                                                   Chapter 9             Chapter 12         Chapter 13
                                                                                         Entrepreneurship
           Acquisitions &      International                                             Entrepreneurship
           Acquisitions &      International      Cooperative             Strategic
                                                  Cooperative             Strategic
                                                                                          & Innovation
            Restructuring        Strategy                                                 & Innovation
            Restructuring        Strategy          Strategies           Leadership
                                                   Strategies           Leadership
        c   s
        i   e
        g   m                                          Strategic
        e   o                                          Strategic
        t   c
        a   t                                      Competitiveness
        r   u                                      Competitiveness
        t
        S   O                                       Above Average
                  Feedback                          Above Average
                                                        Returns
                                                        Returns
                                                3
             Discussion Questions
             Discussion Questions
               Click     1.        What is strategy?
               Here
               Click     2.        What is happening in the strategic 
               Here
                                   environment? 
               Click     3.        What is strategic flexibility and why 
               Here
                                   is there a need for it?
               Click     4.        What is the Industrial Organization 
               Here
                                   (IO) Model of  Strategy?
               Click     5.        What is the Resource-Based Model 
               Here
                                   of Strategy?
               Click      More discussion questions
               Here
                                                                                                                                  4
             Discussion Questions (cont.)
             Discussion Questions (cont.)
            Click       6.        What is strategic intent and how is 
             Here
                                  it related to strategic mission?
            Click       7.        How do stakeholders affect 
             Here
                                  strategy?
            Click       8.        What is the role of the strategist 
             Here
                                  (top executive)?
                                                                                                                                  5
     Discussion Question 1
     Discussion Question 1
                What is strategy?
                                                6