This is a text that will be of considerable value to all those following an MBA course, or one of the numerous courses in educational management. It is the type of text that can be regarded as a bible, in that students will regularly need to refer to it. While edited by Liam Fahey and Robert Randall, both of course noted writers in this area, chapters by renowned thinkers such as Michael Porter and David Collis, among others, enhance the quality of this edition.
The text is conveniently structured into four parts. The first part is a comprehensive examination of the role of strategy in the marketplace, followed by a thought provoking review of strategy from a systems perspective. Of particular value is part three, which examines how strategies are developed and modified in organizations. The final section considers strategy in relation to change.
This is an exceptionally thorough examination of the nature of strategy, providing unique ways to understand this concept in organizational life. It is quite simply an essential text for any MBA student in particular, and for students following professional/vocational courses in management.
