Strategic Management Concepts | Book Series

Overview: 

Strategic Management Concepts: A Competitive Advantage Approach, 16e, is a practical, skills-oriented strategic-management textbook designed to enable students to learn “how to do strategic planning,” rather than simply memorize seminal theories in strategy. This book will provide managers the latest skills and concepts needed to effectively formulate and efficiently implement a strategic plan that can lead to sustainable competitive advantages for any type of business. 

Learners using this text follow an integrative model that appears in every chapter as they progress with the book. They learn how to construct strategic-planning matrices, such as the Strengths, Weaknesses, Opportunities and Threats (SWOT) and the Boston Consulting Group (BCG) matrices. Readers will also learn how to perform strategic-planning analyses, such as earnings-per-share/earnings-before-interest-and-taxes (EPS/EBIT) and Corporate Valuation. The focus throughout this text is on “learning by doing. ” 

A brand-New Cohesion case on the Hershey Company (2015) is provided, which allows the learners to apply strategy concepts to Hershey at the end of each chapter through new, innovative Assurance of Learning Exercises. 

Author:  

Fred R. David, Forest R. David and Purva Kansal

Published In:

30 July 2018

Model Driven Architecture | Glossary

Definition: 

Model-driven architecture (MDA) is a type of approach to software design, development and implementation. As the name suggests, this approach uses models as a set of guidelines used in structuring design specifications. The reason why models were selected as the central object in this design principle is because it helps designers to reason out the system design by allowing them to ignore extra details and giving them more focus on the relevant issues. Models are also used all throughout the engineering and design field to understand complex and real-world systems.

Further Reading: 

Book: UML Distilled Third Edition by Martin Fowler