15.902 | Fall 2006 | Graduate

Strategic Management I

Readings

A list of general references is also provided in this section.

Required Textbook

Hax, Arnoldo C., and Dean L. Wilde. The Delta Project: Discovering New Sources of Profitability. New York, NY: Palgrave, 2001. ISBN: 0312240465.

Hax, Arnoldo C., and Nicolas S. Majluf. The Strategy Concept and Process: A Pragmatic Approach. 2nd ed. Upper Saddle River, NJ: Prentice Hall, 1996. ISBN: 0134588940.

Other Readings

Each day’s reading is listed below.

SES # TOPICS Readings
I. Introduction and Overview of Strategic Management
1 The Delta Model Hax and Wilde. Chapters 1 and 2.
2 Porter’s Frameworks and the Resource-Based View of the Firm

Porter, Michael E. “Towards a Dynamic Theory of Strategy.” Strategic Management Journal 12 (1991): 95-117.

Grant, Robert H. “The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation.” California Management Review 33, no. 3 (1991).

Hax and Wilde. Chapter 12.

II. Business Strategy
3 Customer Segmentation and Customer Value Proposition Hax, Arnoldo C. “Achieving the Potentials of Your Organization - How to Overcome the Dangers of Commoditization.” MIT Sloan Working Paper No. 4260-02. (September 2002).
4 The Firm as a Bundle of Competencies and Putting it All Together Hax and Wilde. Chapters 3-5.
5 Industry Structure and Competitive Interaction  
6 The Decommoditization of a Business  
7 Competitive Positioning  
III. Technology and Industry Transformation
8 Sustaining Competitive Advantage  
9 Competitive Dynamics  
10 Putting it All Together: Integrating The Critical Tasks of Strategy Hax and Wilde. Chapter 6.
IV. Corporate Strategy
11 Corporate Strategy - The Core Concepts Hax, Arnoldo, and Nicolas Majluf. “Corporate Strategic Tasks.” _European Management Journal_12, no. 4 (1994): 366-381.
12 Corporate Philosophy and Culture  
13 General Principles of Organization Design Galbraith, Jay R. “Linking Customers and Products - Organizing for Product and Customer Focus,” and “Structuring Global Organizations.” Chapters 2 and 4 in Tomorrow’s Organization. Edited by Susan A. Mohrman, Jay R. Galbraith, and Edward E. Lawler III. Jossey-Bass, 1998. ISBN: 0787940046.
14 Human Resources Management and Knowledge Management  
15 Business Processes: The Core Concepts and Managing the Global Supply Chain Hax and Wilde. Chapter 7.
V. Aggregate and Granular Metrics
16 Metrics of Value Creation

Hax and Majluf. Chapter 17.

“America’s Best and Worst Wealth Creators.” Fortune, December 18, 2000.

“America’s Best and Worst Wealth Creators.” Fortune, December 10, 2001.

Slywotzky, Adrian J., and Richard Wise. “The Growth Crisis and How to Escape It.” Harvard Business Review (July 2002): 72-83.

17 The Balanced Scorecard and Granular Metrics

Hax and Wilde. Chapters 9 and 10.

Kaplan, Robert S., and David P. Norton. “Having Trouble with Your Strategy? Then Map It.” Harvard Business Review (September-October 2000): 167-176.

VI. Integration
18 Organizational Leadership  

General References

Bartlett, C., and S. Ghoshal. Managing Across Borders: The Transnational Solution. Boston, MA: Harvard Business School Press, 2002.

Brandenburger, A. M., and B. J. Nalebuff. Co-opetition. New York, NY: Doubleday & Company, 1996.

Kim, W. Chan, and R. Mauborgne. Blue Ocean Strategy. Boston, MA: Harvard Business School Press, 2005.

Christensen, C. The Innovator’s Dilemma: When Technologies Cause Great Firms to Fail. Boston, MA: Harvard Business School Press, 1997.

———. The Innovator’s Solution: Creating and Sustaining Successful Growth. Boston, MA: Harvard Business School Press, 2003.

Collis, D., and C. Montgomery. Corporate Strategy: Resources and the Scope of the Firm. Westport, CT: Irwin Press, 1997.

Cusumano, M. A., and C. C. Mardikes, eds. Strategic Thinking for the New Economy. Hoboken, NJ: Jossey-Bass, 2001.

Foster, R., and S. Kaplan. Creative Destruction. New York, NY: Doubleday & Company, 2000.

Galbraith, J. Designing the Global Corporation. Hoboken, NJ: Jossey-Bass, 2000.

Ghemawat, P., D. Collis, G. Pisano, and J. Rivkin. Strategy and the Business Landscape. Upper Saddle River, NJ: Prentice Hall, 2001.

Hamel, G., and C. K. Prahalad. Competing for the Future. Boston, MA: Harvard Business School Press, 1996.

Hayes, R., G. Pisano, and D. Upton. Strategic Operations: Competing Through Capabilities. New York, NY: Free Press, 1996.

Kaplan, R. S., and D. P. Norton. Strategy Maps: Converting Intangible Assets Into Tangible Outcomes. Boston, MA: Harvard Business School Press, 2004.

Pfeffer, J. The Human Equation. Boston, MA: Harvard Business School Press, 1998.

Porter, M. Competitive Advantage. New York, NY: Free Press, 1985.

———. The Competitive Advantage of Nations. New York, NY: Free Press, 1990.

Prahalad, C. K., and V. Ramaswamy. The Future of Competition. Boston, MA: Harvard Business School Press, 2004.

Reichheld, F. Loyalty Rules. Boston, MA: Harvard Business School Press, 2001.

Saloner, G., A. Shepard, and J. Podolny. Strategic Management. New York, NY: John Wiley & Sons, 2001.

Shapiro, C., and H. Varian. Information Rules. Boston, MA: Harvard Business School Press, 1999.

Stern, J. M., and J. S. Shiely. The Eva Challenge: Implementing Value-Added Change in an Organization. New York, NY: John Wiley & Sons, 2001.

Thompke, S. Experimentation Matters: Unlocking the Potential of New Technologies for Innovation. Boston, MA: Harvard Business School Press, 2003.

Ulrich, D. Human Resource Champions. Boston, MA: Harvard Business School Press, 1997.

Buy at MIT Press von Hippel, E. Democratizing Innovation. Cambridge, MA: MIT Press, April 2006. ISBN: 0262720477.

Course Info

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Fall 2006
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Lecture Notes
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