Thompson, Strickland and Gambles', "Crafting and Executing Strategy, 17e" presents the latest research findings from the literature and cutting-edge strategic practices of companies that have been incorporated to keep step with both theory and practice. The chapter content continues to be solidly mainstream and balanced, mirroring both the best academic thinking and the pragmatism of real-world strategic management. An attractive collection of 20 readings that amplify important topics in managing a company's strategy-making, strategy-executing process is included in this Text and Readings version to provide students with a taste of the literature of strategic management before tackling cases or simulation projects.
I read this book as a part of my strategic management class, which is required for my degree.
The book is intense! It is heavy with information, but is nicely presented with many graphs and illustrations to supplement the work.
The first 3/4 of the book are the chapters with content. This book goes through how to execute a business on a VP level, and goes through smaller businesses to multinational corporations with several SBUs and a global strategy.
The last quarter of this book is real life cases. This was my favorite part of the book. The cases show the financial and situational progress of several large companies. I presented and wrote about RIM, Apple, PepsiCo, Jet Blue and several others from this book.
Overall I very much enjoyed this book, especially for a text. 5 stars.
Truly despised. Incredibly dry, repetitive, and over complicated for simple business concepts which would easily be explained in a few bullet pointed online articles. The online tie ins were abysmal.
Not exactly a book you want to curl up with (unless you're looking to fall asleep) but I'll give it credit for being well laid out and easy to follow. It offers some good advice for basic strategy formulation, although I think they could have widdled down the chapters (some of them were rather repititous from one paragraph to the next). My favorite aspect of the book were the insight boxes. Concepts are much more interesting when you can apply them to actual companies, and they picked some of the more interesting examples availble.
Read the last three chapters about implementing the strategy. And Focusing on the diagrams, case studies and blue boxes which summarises the ideas for nearly each page in few sentences. As most academics books, too much said with little new insights. But the Reading section had little more insights than other parts of the book.