Examining some of the new and emerging issues in strategic management, Loizos Heracleous offers a fresh approach to the established ideas of strategy. With an underlying organisational action perspective, he emphasises the importance of organisational culture in realising strategy and applies this to such important new areas as corporate governance and the impact of the Internet on business organisation and activity. Combining original research with thorough surveys of the literature, the book has a strong applied orientation making it ideal for MBA level students, researchers and the more thoughtful practitioner.

Dr Heracleous is Associate Professor of Corporate Strategy at the School of Business, National University of Singapore.

Part I. Bases of Strategic Management: 1. The strategic management field; 2. An organizational action view of strategic management; 3. Strategic thinking or strategic planning?; 4. Leadership and the board of directors; Part II. Realising Strategy: 5. The complexities of strategy implementation; 6. Organizational culture and strategic change processes; 7. The role of organizational discourse in understanding and managing strategic change; 8. Strategic change processes: an organization development approach; Part III. Current Themes and Applications: 9. State ownership, privatization and performance; 10. Does corporate governance make a difference to organizational performance?; 11. Types of inter-organizational networks and the strategic roles of directors; 12. Organizing for the future.