| Contents | 6 |
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| 1: Introduction: Essential Strategy Know-How and Nothing More | 9 |
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| Reference | 11 |
| 2: Strategy and Strategic Management: A First Basic Understanding | 12 |
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| 2.1 What Is Strategy and How Is It Developed? | 12 |
| 2.1.1 Modern Opinions | 12 |
| 2.1.2 Basic Historical Concepts | 13 |
| 2.1.3 A First Example: The Second Punic War | 14 |
| 2.2 The Theoretical Response: Strategy as an Integrated Concept | 17 |
| 2.2.1 Strategy | 17 |
| 2.2.2 Strategic Management | 18 |
| 2.3 The Process-Based Response: Strategic Planning-An Organized Understanding of Strategy Processes | 19 |
| 2.3.1 General Planning | 19 |
| 2.3.2 Strategic Planning | 21 |
| 2.3.3 Operational Planning | 21 |
| 2.3.4 Steering and Controlling the Operational Planning | 21 |
| 2.3.5 Implications of Strategic Planning as a Concept | 22 |
| 2.4 The Innovative Response: Creative Rule-Breaking as an Alternative Way of Executing Strategy Processes | 23 |
| 2.4.1 Why Rules Need to Be Broken | 23 |
| 2.4.2 The Rule-Breaking Strategy Creator: Four Steps to Breaking the Rules | 24 |
| References | 29 |
| 3: Strategic Frames of Reference: The Key Tools of Strategy Determination, Their Principles, and How They Interact | 30 |
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| 3.1 Why It Is Important to Structure the Market, the Competition, and Your Own Company Properly | 31 |
| 3.1.1 Interdependencies Between the Key Approaches | 31 |
| 3.1.2 The Harvard Business School SWOT Analysis: The Data Basis for All Interpretive Tools of Strategy Determination | 33 |
| 3.2 Analyzing Corporate Strategies | 36 |
| 3.2.1 Horizontal Growth Options: Ansoff´s Product/Market Matrix | 36 |
| 3.2.2 Portfolio Management: Portfolio Analysis (Matrix) | 39 |
| 3.3 Analyzing Business Strategies | 44 |
| 3.3.1 The Market-Based View: The Structure-Conduct-Performance Paradigm and Porter´s Five Forces | 45 |
| 3.3.2 The Resource-Based View: The Core Competency Approach | 49 |
| 3.3.3 Dynamic Markets: The Simple Rules Approach | 50 |
| 3.4 Network Approaches: The Business Model-An Integrative Frame of Reference for Describing a Strategy | 52 |
| 3.4.1 From Old to New Business Models | 53 |
| 3.4.2 The Three Components of a Business Model | 54 |
| References | 59 |
| 4: Current Focal Areas in Strategy Practice: Four Significant Management Concepts of the Past 20 Years | 61 |
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| 4.1 Growth Strategies | 63 |
| 4.1.1 Value-Based Management, Protecting Your Market Share, Limits and Approaches | 63 |
| 4.1.2 Seven Growth Strategies in Strategy Practice | 69 |
| 4.2 Business Process Reengineering | 72 |
| 4.2.1 Belief and Reality | 73 |
| 4.2.2 An Implementation Example | 81 |
| 4.3 Strategic Brand Management | 87 |
| 4.3.1 The Brand: Complex and Meanwhile Indispensable | 88 |
| 4.3.2 Examples of Brand Evaluation Using Positioning Analysis | 97 |
| 4.4 Strategic Gaming | 101 |
| 4.4.1 Game Theory: A Way of Dynamically Modeling the Competition | 101 |
| 4.4.2 Dynamic Competitive Simulation in Reality | 107 |
| References | 110 |
| 5: Summary: It´s Your Turn! | 112 |
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| About the Authors | 114 |
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| Bibliography | 116 |