A critical study of business strategies and strategic management, which discusses the changing business environment, the economic principles of strategy, strategic alliances and policies in a changing Europe.
"Understanding Global Strategy" is the eagerly anticipated new textbook from Susan Segal-Horn and David Faulkner for international strategy courses at all levels. Exploring strategic decision-making on a global scale from multinational corporations through to small enterprises, Segal-Horn and Faulkner cover globalization, networking, culture barriers and benefits, ethics and emerging economies to provide the complete introduction for today's global strategy courses. Key learning features Premium Case Studies - a selection of in-depth international case studies from premium case study authors provide practical illustrations of key issues in real-life situations; Strategies in Action - a wealth of shorter case studies to reinforce principles outlined in each chapter; and, Discussion Questions which are provided at the end of each chapter to test knowledge and understanding, and provide a basis for group discussions and activities. This textbook is essential reading for all international or global strategy modules on advance undergraduate or postgraduate (particularly MBA) programmes, in addition to broader strategic management and professional courses.
Since the late nineteenth century, mergers and acquisitions (M&A) have become a key strategic option for organizations aiming to strengthen their competitive position in a global market. However, research indicates that most firms involved in M&A do not meet their performance expectations, either immediately or in subsequent years. This raises questions about the motivations behind M&A activity despite disappointing results. Are existing performance measurement methods flawed, or is the complexity of M&A beyond current understanding? The handbook advocates for a reevaluation of past research and fundamental assumptions in the field. A significant barrier to progress has been the separation between the disciplines of strategy, finance, and human relations. To address this, the handbook seeks to integrate these fields, offering insights from both established and emerging scholars and practitioners. It presents a comprehensive overview of M&A through four distinct perspectives: strategic, financial, socio-cultural, and sectoral. By summarizing current research findings and exploring potential syntheses of these approaches, the handbook aims to illuminate the critical challenges facing M&A professionals and academics as they navigate the complexities of the twenty-first century.