Strategic Management: You can download the Study materials and notes for Strategic Management in PDF files from the official website.
Strategic Management Books
The Books and Study Materials for the third semester MBA examination are now updated on the official website. Candidates can get books of various subjects. In this article, we are mentioning the Books and Study Materials for Strategic Management. The core courses in an MBA program cover multiple areas of business such as accounting, finance, marketing, human resources, operations, and statistics, etc. Strategic management gives overall direction to the program and includes specifying the organization's goals, developing policies and procedures designed to achieve these goals, and then designating resources to implement the strategies.
Strategic Management Books 2018
Strategic Management is all about classification and description of the strategies that managers can carry to achieve excellent performance and a contentious advantage for their organization. An organization is said to have a competitive advantage if its profitability is higher than the average profitability for all companies in its industry. To be a Strategic Manager candidates have to go through many pressure tests and tasks. The first step of that is passing the examination for Strategic Management. We are helping the candidates to grow their confidence and prepare well for the examination. We are providing all the necessary Books and Study Materials which are required to perform well in the exam. Here we are giving the detailed syllabus so that candidates can prepare according to that.
Strategic Management syllabus- 3rd Sem
Strategic Context and Terminology; Definition of Strategy; Difference between policy, Strategy, and Tactic;
Difference between Long Range Planning and Strategic Planning; Characteristics of Strategic Decisions
Unit II: Different Approaches to Strategy
Introduction to Different Approaches to Strategy; Incremental and Emergent Strategies; Implicit and Explicit Strategies; Approaches to Strategic Management; Strategic Implementation; Strategic Evaluation and Control; Planning Process: Feature, Importance, and Steps; Strategic Planning Process; Strategic Planning in the Next Millennium
Environmental Analysis; Environmental complexity; Pestle Analysis; Porter’s 5 Force Analysis
Unit IV: Strategy Formulation: Strategic Direction
Introduction to Understanding Business; Competitor Analysis; Boston Matrix; International Dimensions of Strategy: Growth, Stability, Profitability, Efficiency, Market Leadership, Survival, Merger, and Acquisition; Core Competence
Unit V: Strategy Formulation: The Internal Audit
Bench Marking; the Use of McKinsey’s 7S Framework; SWOT (Strength, Weakness, Opportunities, and Threats) Analysis; Value Chain Analysis; Scope of Activities and Markets
Unit VI: Strategy Implementation
The framework of Strategic Implementation: Concept, Factors Causing Unsuccessful Implementation of Strategy.
Activation Strategy; Structural Implementation; Functional Implementation; Behavioral Implementation;
Resource Mobilization and Allocation: Finance, Human Resources, Materials, and Time
Unit VII: Strategic Evaluation and Control
Strategic Evaluation and Control: Concept, Role, and Barriers; Control Process; Techniques of Strategic
Evaluation and Control
MBA Strategic Management Lecture Notes pdf
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Suggested Books for Strategic Management
- Exploring Corporate Strategy by Johnson & Scholes, Publishing House: Prentice Hall
- The Strategy Process by Mint burg, Quinn, and Ghosal, Publishing House: Prentice Hall
- Strategic Management by Ireland, Hoskisson & Hitt, Indian Edition, Cengage Learning
- Concepts in Strategic Management & Business Policy by Thomas L. Wheelen & J. David Hunger, Pearson
- R.Srinivasan, Strategic Management -The Indian Context,
4th Edition, Prentice Hall of India, 2012
- R.Srinivasan, Case Studies in Marketing – The Indian
Context,5th Edition, Prentice Hall of India, 2012
Frequently Asked Questions
1) Discuss the nature and importance of strategic management.
2) Explain the concept of competitive advantage, and how to sustain it?
3) What is turnaround management? Explain the elements of a successful turnaround
4) What is meant by resource allocation? Explain techniques generally employed for
5) Outline the various qualitative and quantitative criteria for strategy evaluation and
control? State the problems faced by strategists while fixing those criteria.
6) Briefly discuss the development of the theory of strategic management.
7) Discuss the role of leadership in strategy implementation.
8) Case Study:
Mr. Palani, Chairman of a company just had a discussion with a group of local people. The group is known as ‘Council for EnvironmentalAction’ demanded an immediate reduction of the pollutants thrown into the air by the plants of the company. Mr.Palani had explained the company’s policy of gradual reduction of pollutants and promised to study the matter further. But the group has not satisfied and asked for another meeting in a
week time.Mr. Palani reluctantly agreed. Suggest a suitable proposal to present to the group at the next meeting to convince it totally.
We have updated all the necessary documents which are needed to prepare for the examination. So without further delay, candidates can download the notes and Study Materials in Pdf format. These books are available to purchase directly also. The Study Materials covers all the important topics which you will require during the preparation. We can assure you that with proper studying and referring all the suggested books you can score good marks in the examination. Make sure that, you share this link to other students who are in search for the notes and study materials for Strategic Management.
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