Strategic Management and Competitive Advantage: Concepts 5e

DETAILS : 

• Author: Jay B. Barney , William S. Hesterly
  
• Publisher: ‎ Pearson Education India
  
• Publication date: ‎ 20 December 2015
  
• Edition: ‎ Fifth
  
• Language: ‎ English
  
• Print length: ‎ 546 pages
  
• ISBN-10: ‎ 9332559406
  
• ISBN-13: ‎ 978-9332559400
  
• Item Weight: ‎ 900 g

ABOUT THE BOOK

Strategic Management and Competitive Advantage: Concepts (5th Edition) by Jay B. Barney and William S. Hesterly is a leading academic textbook in corporate strategy that focuses on how firms generate and sustain competitive advantage. The core foundation of this text is built around the Resource-Based View (RBV) of the firm, pioneered by co-author Jay Barney, along with the widely used VRIO framework (Value, Rarity, Inimitability, and Organization). Rather than treating business strategy as an abstract theoretical exercise, the authors present a structured, actionable process for evaluating internal organizational capabilities alongside external industry forces. The 5th edition thoroughly covers essential strategy topics—including business-level strategies (cost leadership and product differentiation), corporate-level strategies (vertical integration, corporate diversification, strategic alliances, and mergers & acquisitions), and international expansion—supported by real-world corporate case studies and practical decision-making tools.

ABOUT THE AUTHOR

• Jay B. Barney is a Presidential Professor of Strategic Management and the Pierre Lassonde Chair in Social Entrepreneurship at the David Eccles School of Business, University of Utah. Widely recognized as one of the founding fathers of the Resource-Based View (RBV) of the firm, his groundbreaking academic papers on internal resources and competitive advantage are among the most cited works in modern management theory.
• William S. Hesterly is a Professor of Strategic Management and former Associate Dean at the David Eccles School of Business, University of Utah. Recognized for his excellence in teaching and curriculum development, his research focuses on organizational economics, corporate governance, and competitive dynamics.