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Questions and Answers
What is a primary focus of the research mentioned in the content?
What is a primary focus of the research mentioned in the content?
Which journal is NOT mentioned as a publication venue for the author's articles?
Which journal is NOT mentioned as a publication venue for the author's articles?
What role do the individuals described hold in the academic community?
What role do the individuals described hold in the academic community?
What kind of teams do the professors collaborate with according to the content?
What kind of teams do the professors collaborate with according to the content?
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Which area does Kevan Scholes specialize in?
Which area does Kevan Scholes specialize in?
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Who are primarily responsible for developing strategies at the highest level within an organization?
Who are primarily responsible for developing strategies at the highest level within an organization?
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Which function is critical for aligning various strategic initiatives within an organization?
Which function is critical for aligning various strategic initiatives within an organization?
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What approach is utilized to ensure that strategies are validated and adjusted based on empirical evidence?
What approach is utilized to ensure that strategies are validated and adjusted based on empirical evidence?
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What is the main purpose of strategic planners within an organization?
What is the main purpose of strategic planners within an organization?
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Which methodology focuses on collective discussions and inputs from various stakeholders to form strategies?
Which methodology focuses on collective discussions and inputs from various stakeholders to form strategies?
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What is often a key factor in the participation of different individuals in the strategy development process?
What is often a key factor in the participation of different individuals in the strategy development process?
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Which answer best describes the role of middle managers in the strategy implementation process?
Which answer best describes the role of middle managers in the strategy implementation process?
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Which of the following is NOT a recognized method for strategizing?
Which of the following is NOT a recognized method for strategizing?
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Who collaborated as authors on this edition of the book?
Who collaborated as authors on this edition of the book?
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In what year was the first edition of the book published?
In what year was the first edition of the book published?
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Which institution is NOT mentioned as associated with one of the authors?
Which institution is NOT mentioned as associated with one of the authors?
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How many editions of the book have been published up to 2020?
How many editions of the book have been published up to 2020?
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Which of the following years marks the publication of the eighth edition?
Which of the following years marks the publication of the eighth edition?
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Which edition of the book was published first in both print and electronic formats?
Which edition of the book was published first in both print and electronic formats?
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Which of the following entities is primarily associated with the publication of this book?
Which of the following entities is primarily associated with the publication of this book?
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What is the primary focus of the book based on its title?
What is the primary focus of the book based on its title?
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Which horizon focuses on extending and defending the core business?
Which horizon focuses on extending and defending the core business?
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What is the primary goal of Horizon 3 in strategic planning?
What is the primary goal of Horizon 3 in strategic planning?
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The element of performance potential is most closely associated with which horizon?
The element of performance potential is most closely associated with which horizon?
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What characteristic of Tesla's Model S is highlighted regarding its environmental impact?
What characteristic of Tesla's Model S is highlighted regarding its environmental impact?
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What type of car does Tesla's Model S represent in the context of its strategic position?
What type of car does Tesla's Model S represent in the context of its strategic position?
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What role do external stakeholders like investors play in an organisation?
What role do external stakeholders like investors play in an organisation?
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What is a key responsibility of middle managers regarding organisational strategy?
What is a key responsibility of middle managers regarding organisational strategy?
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What should candidates for management-track jobs be prepared to discuss?
What should candidates for management-track jobs be prepared to discuss?
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Which career opportunities are highlighted in the context of strategy?
Which career opportunities are highlighted in the context of strategy?
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Which types of organisations are mentioned as relevant for the study of strategy?
Which types of organisations are mentioned as relevant for the study of strategy?
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What is the primary purpose of the Exploring Strategy Framework?
What is the primary purpose of the Exploring Strategy Framework?
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What does the book aim to increase awareness of concerning strategy?
What does the book aim to increase awareness of concerning strategy?
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Why might someone choose the book titled 'Exploring Strategy' over other textbooks?
Why might someone choose the book titled 'Exploring Strategy' over other textbooks?
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What is the primary focus of Horizon 1 businesses?
What is the primary focus of Horizon 1 businesses?
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Which of the following best describes Horizon 2 businesses?
Which of the following best describes Horizon 2 businesses?
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What does the 'three horizons' framework emphasize for organizations?
What does the 'three horizons' framework emphasize for organizations?
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Which of the following activities for Tesla would fall under Horizon 3?
Which of the following activities for Tesla would fall under Horizon 3?
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Why do managers need to avoid focusing only on short-term issues?
Why do managers need to avoid focusing only on short-term issues?
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What is a characteristic of Horizon 3 possibilities?
What is a characteristic of Horizon 3 possibilities?
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What is the risk associated with Horizon 1 businesses?
What is the risk associated with Horizon 1 businesses?
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Which element is essential for an organization like Tesla to consider for long-term strategy?
Which element is essential for an organization like Tesla to consider for long-term strategy?
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Study Notes
Authors and Their Affiliations
- Duncan Angwin: Nottingham University Business School, author of twelve books and over forty articles in academic journals, editorial board member of several journals, teaches internationally to executives, research grants exceeding €10 million, focusing on international M&A and strategy.
- Gerry Johnson: Emeritus Professor of Strategic Management at Lancaster University School of Management, also taught at other institutions (Strathclyde Business School, Cranfield School of Management, Manchester Business School, Aston University), author of numerous books, published research in leading management journals, works with senior management on strategy development and change.
- Kevan Scholes: Principal Partner of Scholes Associates, specializing in strategic management, Emeritus Professor of Strategic Management, formerly Director of Sheffield Business School, UK, extensive teaching experience (undergraduate and postgraduate), management development in private and public sectors, advisor on management development to national bodies, Chartered Management Institute Companion.
- Richard Whittington: Saïd Business School, University of Oxford.
- Patrick Regnér: Stockholm School of Economics.
- Jason Evans and Clive Kerridge: assisted in the writing of the book.
Book Details
- Exploring Strategy, Twelfth Edition, by Whittington, Regnér, Angwin, Johnson, and Scholes
- Published by Pearson Education
- First edition published 1984 (print)
- Twelfth edition published 2020 (print and electronic)
- Contains case studies: Glastonbury festival, global pharmaceutical industry, and Siemens.
Book Content Overview
- Discusses strategizing, strategy analysis, issue-selling, decision-making, and communication.
- Explains strategy methodologies, workshops, projects, hypothesis testing, business cases, and strategic plans.
- The book covers strategy in various organizational contexts (large multinationals, small startups, public-sector, not-for-profits.)
- Presents the "three horizons" framework for strategy, considering long-term perspectives on business activities (Horizon 1: core activities, 2: emerging activities, 3: risky research, start-up projects).
- Addresses various roles involved in strategy development, including top managers, strategic planners, middle managers, strategy consultants, and stakeholder involvement.
- Discusses the influence of stakeholders (investors, banks, venture capitalists, analysts).
- Explores how middle managers need to understand strategy to gain top management support and communicate it to team members.
- Highlighting strategy as a crucial skill for management roles.
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Description
Test your knowledge on influential authors in strategic management, including their affiliations and contributions to the field. This quiz covers notable figures like Duncan Angwin, Gerry Johnson, and Kevan Scholes, and their impact on international business strategies.
