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Strategic Market Management
David A. Aaker, Christine Moorman
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eBook - PDF
Strategic Market Management
David A. Aaker, Christine Moorman
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About This Book
Strategic Market Management helps managers identify, implement, prioritize, and adapt market-driven business strategies in dynamic markets. The text provides decision makers with concepts, methods, and procedures by which they can improve the quality of their strategic decision-making.
The 11th Edition provides students in strategic marketing, policy, planning, and entrepreneurship courses with the critical knowledge and skills for successful market management, including strategic analysis, innovation, working across business units, and developing sustainable advantages.
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External
Analysis
External
analysis,
summarized
in
Figure
1.3,
involves
an
examination
of
the
relevant
elements
external
to
an
organization
â
customers,
competitors,
markets
and
submarkets,
and
the
environment
or
context
outside
of
the
market.
Customer
analysis,
the
ďŹ
rst
step
of
external
ExternalÂ
AnalysisÂ
â˘Â
CustomerÂ
analysisÂ
â˘Â
CompetitorÂ
analysisÂ
â˘Â
Market/submarketÂ
analysisÂ
â˘Â
EnvironmentalÂ
analysisÂ
InternalÂ
CompanyÂ
AnalysisÂ
â˘Â
Size,Â
growth,Â
andÂ
financial
performanceÂ
â˘Â
AssetsÂ
andÂ
competencies
(includingÂ
brand,Â
customer
relationships,Â
innovation)Â
â˘Â
ImageÂ
andÂ
positioningÂ
â˘Â
CurrentÂ
andÂ
pastÂ
strategiesÂ
â˘Â
OrganizationalÂ
cultureÂ
â˘Â
CostÂ
structure
STRATEGICÂ
ANALYSIS
ExternalÂ
Assessment
Opportunities,Â
threats,Â
trends,Â
insights,Â
andÂ
external
uncertaintiesÂ
InternalÂ
CompanyÂ
Assessment
FirmÂ
strengths,Â
weaknesses,Â
liabilities,Â
problems,Â
constraints,Â
andÂ
uncertainties
STRATEGICÂ
ANALYSISÂ
OUTPUT
â˘Â
IdentifyÂ
strategyÂ
alternativesÂ
-Â
Product-marketÂ
investmentÂ
strategiesÂ
-Â
CustomerÂ
valueÂ
proposition
-Â
Assets,Â
competencies,Â
andÂ
synergies
-Â
FunctionalÂ
strategiesÂ
andÂ
programsÂ
â˘Â
SelectÂ
strategyÂ
CREATINGÂ
ANDÂ
ADAPTING
STRATEGY
IMPLEMENTINGÂ
STRATEGYÂ
AND
PRODUCINGÂ
FIRMÂ
VALUEÂ
â˘Â
ImplementÂ
strategy
â˘Â
MeasureÂ
performanceÂ
Figure
1.3
Overview
of
Strategic
Management
Strategic
Market
Management
11
Table of contents
Citation styles for Strategic Market Management
APA 6 Citation
Aaker, D., & Moorman, C. (2017). Strategic Market Management (11th ed.). Wiley. Retrieved from https://www.perlego.com/book/2237417/strategic-market-management-pdf (Original work published 2017)
Chicago Citation
Aaker, David, and Christine Moorman. (2017) 2017. Strategic Market Management. 11th ed. Wiley. https://www.perlego.com/book/2237417/strategic-market-management-pdf.
Harvard Citation
Aaker, D. and Moorman, C. (2017) Strategic Market Management. 11th edn. Wiley. Available at: https://www.perlego.com/book/2237417/strategic-market-management-pdf (Accessed: 15 October 2022).
MLA 7 Citation
Aaker, David, and Christine Moorman. Strategic Market Management. 11th ed. Wiley, 2017. Web. 15 Oct. 2022.