1. The latest framework of strategic management including strategy formulation, strategy implementation, and strategy evaluation and control 2. Comprehensive coverage of the latest issues in strategic management 3. Special emphasis on corporate sustainability, internationalisation, liberalisation and digitalisation in the context of strategic management in India 4. Includes contemporary topics such as resource-based view, dynamic capabilities, risk management, business modelling, VRIO framework, balanced scorecard, digitalisation, new framework of strategy implementation, network structures, blue ocean strategy, mergers and acquisitions, strategic alliances and joint ventures, corporate political activity and stakeholder management. 5. Hundreds of new examples and illustrations of Indian companies and organisations 6. Preview and review cases, numerous exhibits and figures, chapter-end summaries, short-answer and discussion questions, and copious notes and references