Strategic Management. Concepts and Cases

Key Benefit-Carpenter/Sanders is the first book built around a dynamic perspective on strategy Key Topics-Three themes constitute the dynamic perspective on strategy: (1) changing strategies for changing times, (2) the integration of formulation and implementation, and (3) strategic leadership. Crafting Business Strategy for Dynamic Contexts- chapter 6 is the aggregate of much of the current research on dynamic strategies, including: Competitive Dynamics, Technological Changes, and Hypercompetition .  After reading the chapter, students will learn models that guide them through formulating and implementing a strategy in a dynamic, or changing, environment. Strategy Diamond: The strategy diamond outlines five key elements necessary for creating a complete strategy: arenas, vehicles, differentiators, staging, and economic logic.  The Strategy Diamond gives students a concrete model for considering all aspects of a strategy in order to create and implement a complete strategy.  The arenas and staging elements deal specifically with the dynamic aspect of strategy.    How Would You Do That” exercises- There are two of these robust exercises in each chapter, immersing students in the implementation challenges real companies face.  The exercises allow implementation to remain in the forefront of the student’s minds even in the formulation chapters. Market- For undergraduate/MBA strategic management courses.

Professor Carpenter has a BS from California State University (Humboldt) and University of Copenhagen, Denmark, and an MBA from California State University (Bakersfield). He also completed graduate studies in enology at the University of Bordeaux, France. Before obtaining his PhD in strategy at the University of Texas, Austin, he worked in banking, management consulting, and software development. His research concerns corporate governance, top management teams, and the strategic management of global firms, and is published in SMJ, AMJ, AMR, AME, JM, and HRM. He serves on the editorial board of AMJ, was voted Professor of the Year by MBA students, and identified as one of the most popular professors in the BusinessWeek MBA poll. He recently received the Larson Excellence in Teaching award from the School of Business, and the UW's Emil H. Steiger Distinguished Teaching Award.

Select Publications
Sanders, W.G. & M.A. Carpenter. 1998. Internationalization and firm governance: The roles of CEO compensation, top team composition, and board structure. Academy of Management Journal. 41: 158-178. Read Paper.

Carpenter, M.A., W.G. Sanders, & H.B. Gregersen. 2001. Bundling human capital with organizational context: The impact of international experience on multinational firm performance and CEO pay. Academy of Management Journal. Read Paper.

Carpenter, M.A. & J.W. Fredrickson. 2001. Top management teams, global strategic posture, and the moderating role of uncertainty. Academy of Management Journal. Read Paper.

Carpenter, M.A. & J.B. Wade. 2002. Micro-level opportunity structures as determinants of non-CEO executive pay. Academy of Management Journal. Read Paper.

Carpenter, M.A. & W.G. Sanders. 2004. The effects of top management team pay and firm internationalization on MNC performance. Journal of Management. Read Paper.

Carpenter, M.A. & W.G. Sanders. 2007. Strategy Management: A Dynamic Perspective.. NJ: Prentice-Hall. Find Book.

Website
http://research.bus.wisc.edu/mcarpenter/

Related Site
http://instruction.bus.wisc.edu/mcarpenter/mhr723/strctct/links.htm

 

 

 

Wm. Gerard (Gerry) Sanders Department Chair Associate Professor and J. Earl Garrett Fellow Organizational Leadership and Strategy D O W N L O A D   V I T A Office: 790A TNRB Phone: (801) 422-7607 Email: gsanders@byu.edu

Expertise:

• Corporate governance
• Executive compensation
• International strategy
• Mergers and acquisitions
• Strategic management

Research:

• effects of executive stock option pay and stock ownership
• mergers and acquisitions
• management of multinational firms
• growth strategies

Education:

• PHD, MANAGEMENT SOCIETY, UNIV OF TEXAS AUSTIN, 1996
• BS, BUSINESS, BRIGHAM YOUNG UNIVERSITY, 1980

Group Affiliations:

• Strategy - Primary
• Global Management Center - Secondary

Selected Publications:

• "The upper echelons revisited: Antecedents, elements, and consequences of top management team composition," Journal of Management Volume 30, Pages 749-778, December, 2004    V I E W   A B S T R A C T
• "The effects of top management team pay and firm internationalization on MNC performance.," Journal of Management Volume 30, Pages 509-528, August, 2004    V I E W   A B S T R A C T
• "Sorting things out: Valuation of new firms in uncertain markets.," Strategic Management Journal Volume 25, Issue 2, Pages 167-186, February, 2004    V I E W   A B S T R A C T
• "Antecedents and Consequences of Corporate Governance Reform: The Case of Germany," Strategic Management Journal Volume 24, Pages 631-650, July, 2003    V I E W   A B S T R A C T
• "Strategic Satisficing? A Behavioral-Agency Perspective on Stock Repurchase Program Announcements," Academy of Management Journal Volume 46, Pages 160-178, April, 2003    V I E W   A B S T R A C T
• "Top Management Team Compensation: The Missing Link Between CEO Pay and Firm Performance?," Strategic Management Journal Volume 23, Issue 6, Pages (forthcoming-June), 2002    V I E W   A B S T R A C T
• "Incentive Alignment, CEO Pay Level, and Firm Performance: A Case of," Human Resource Management Journal Volume 40, Issue 2, Pages 159-170, July, 2001    V I E W   A B S T R A C T
• "Bundling Human Capital with Organizational Context: The Impact of International Assignment Experience on Multinational Firm Performance and CEO Pay," Academy of Management Journal Volume 44, Issue 3, Pages 493-512, June, 2001    V I E W   A B S T R A C T
• "Behavioral Responses of CEOs to Stock Ownership and Stock Option Pay," Academy of Management Journal Volume 44, Issue 3, Pages 477-492, June, 2001    V I E W   A B S T R A C T
• "CEO International Assignment Experience: A Model and Evidence of Financial Benefits to Firms and CEOs," Human Resource Management 2000    
• "Incentive Structure of CEO Stock Option Pay and Stock Ownership: The Moderating Effects of Firm Risk," Managerial Finance Volume 25, Issue 61-75, January, 1999    
• "Internationalization and Firm Governance: The Roles of CEO Compensation, Top Team Composition, and Board Structure," Academy of Management Journal Volume 48, Issue 158-178, January, 1998    

Experience:

   Teaching

• Associate Professor, Brigham Young University, 2002
• Assistant Professor, Brigham Young University, 1996

   Professional

• Academy of Management
• Strategic Management Society

Awards:

• Marriott School Research Award , Marriott School of Business , 2003
• Young Scholar Award , Brigham Young University , 2003
• J. Earl Garrett Fellowship , Marriott School , 2001
• Deans Office Research Grant , Brigham Young University , 1998
• Marriott School Special Research Grant , Brigham Young University , 1996
• Deans Award , Brigham Young University , 1995

Languages:

• Spanish