Strategic Management Thirteenth Edition

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  strategic management thirteenth edition: Strategic Management (color) , 2020-08-18 Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.
  strategic management thirteenth edition: Strategic Management Allen Amason, 2011-03-17 Leadership, adaptability, value creation. These are the skills necessary for tomorrow's managers. This book is designed to help students think critically and understand fully how to strategically manage their future firms. .
  strategic management thirteenth edition: Strategic Management , 1979
  strategic management thirteenth edition: Strategic Management Frank T.. Rothaermel, 2015
  strategic management thirteenth edition: Strategic Management Charles W. L. Hill, 1992
  strategic management thirteenth edition: Hospitality Strategic Management Cathy A. Enz, 2009-04-07 Updated to include the current models, theories, and hospitality practices, Hospitality Strategic Management: Concept and Cases, Second Edition is a comprehensive guide to strategic management in the international hospitality industry. Author Cathy A. Enz uses the case study approach to cover current topics such as innovation, entrepreneurship, leadership, ethics, and franchising. Eight full case studies with exhibits and documents address the areas of lodging, food service, tourism e-commerce, gaming, cruise lines, and airlines, making this book ideal for executive level training courses or hospitality industry executives interested in developing their strategic management skills.
  strategic management thirteenth edition: The Quintessence of Strategic Management Philip Kotler, Roland Berger, Nils Bickhoff, 2010-08-23 Having read this book: You will have a basic understanding of strategy and the process of strategic management. You will know the most important strategy tools (incl. the respective original literature) and how they interact. You will be aware of the focal areas and considerations of strategy in practice. You will be able to analyze and interpret business information with regard to the underlying strategic notions.
  strategic management thirteenth edition: Strategic Management Essentials Robert E. Stevens, Lawrence S. Silver, Martin S. Bressler, 2019-08
  strategic management thirteenth edition: Strategic Management Charles W. L. Hill, Gareth R. Jones, 2002
  strategic management thirteenth edition: Strategic Management Philip Sadler, 2003 A study of the fundamental concepts, frameworks and ideas of strategic management. This second edition of Strategic Management MBA Masterclass has been updated and expanded to cover areas such as mergers and acquisitions, corporate parenting, defining business purpose and contrasting schools of thought.
  strategic management thirteenth edition: Principles of Management David S. Bright, Anastasia H. Cortes, Eva Hartmann, 2023-05-16 Black & white print. Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters.
  strategic management thirteenth edition: Strategic Operations Management Steve Brown, Richard Lamming, John Bessant, Peter Jones, 2007-06-01 This is a substantial new edition of a successful textbook which continues to have a sensible and 'easy to read' style. Each Chapter has a past/present/future theme with a real strategic approach. Strategic Operations Managment shows operations as combining products and services into a complete offer for the customer. Services are therefore seen as key and are integrated throughout the material in each chapter. Manufacturing, service supply and other key factors are all shown to be in place. In an era where companies are fond of talking about core competences but still struggle to understand their operations, this is an important for academics and practitioners alike. Only when managers understand their operations will they be able to leverage them into any sort of capabilities that will lead to competitive advantage. Online tutor resource materials accompany the book.
  strategic management thirteenth edition: Strategic Management Richard Lynch, 2021-04-07 The 9th edition of this comprehensive core textbook builds on its global perspective and approachable written style, as it explores the key concepts within a clear and logical structure. Lynch guides you through 19 chapters, with updated case studies and pedagogy that support the modern business and management student from start to finish. Continuous contrast between prescriptive and emergent views of strategy highlights key debates within the discipline, whilst an emphasis on the practical throughout the book helps you turn theory into practice
  strategic management thirteenth edition: Strategic Information Management Robert D. Galliers, Dorothy E Leidner, 2013-06-17 'Strategic Information Management' has been completely up-dated to reflect the rapid changes in IT and the business environment since the publication of the second edition. Half of the readings in the book have been replaced to address current issues and the latest thinking in Information Management. It goes without saying that Information technology has had a major impact on individuals, organizations and society over the past 50 years or so. There are few organizations that can afford to ignore IT and few individuals who would prefer to be without it. As managerial tasks become more complex, so the nature of the required information systems (IS) changes - from structured, routine support to ad hoc, unstructured, complex enquiries at the highest levels of management. As with the first and second editions, this third edition of 'Strategic Information Management: Challenges and strategies in managing information systems' aims to present the many complex and inter-related issues associated with the management of information systems. The book provides a rich source of material reflecting recent thinking on the key issues facing executives in information systems management. It draws from a wide range of contemporary articles written by leading experts from North America and Europe. 'Strategic Information Management' is designed as a course text for MBA, Master's level students and senior undergraduate students taking courses in information management. It provides a wealth of information and references for researchers in addition.
  strategic management thirteenth edition: Strategic Management: Concepts: Competitiveness and Globalization Michael Hitt, R. Duane Ireland, Robert Hoskisson, 2010-01-01 Introduce your students to strategic management with the market-leading text that has set the standard for the most intellectually rich, yet thoroughly practical, analysis of strategic management concepts today. Written by highly respected experts and prestigious instructors Hitt, Ireland and Hoskisson, STRATEGIC MANAGEMENT: COMPETITIVENESS AND GLOBALIZATION, CONCEPTS, 9E is the only book that integrates the classic industrial organization model with a resource-based view of the firm to give students a complete understanding of how today’s businesses use strategic management to establish a sustained competitive advantage. The authors combine the latest, cutting-edge research and strategic management trends with insights from some of today’s most prominent scholars. A strong global focus and carefully selected examples from more than 600 emerging and established companies place concepts into context within an inviting, relevant and complete presentation. A wealth of learning features and experiential exercises address numerous critical issues confronting managers today. CengageNOW online teaching tools and a complete electronic business library help keep study current and relevant. Count on this Concepts text to provide the solid understanding of critical strategic management concepts your students need to increase performance and establish a clear competitive advantage. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
  strategic management thirteenth edition: Strategic Management of Technological Innovation Melissa A. Schilling, 2010 This edition offers: 1. Five new chapter opening cases: Blue-Ray vs. HD-DVD: a standards battle in high definition video; From PDA's to smartphones: the evolution of an industry; Bug Labs and the Long Tail; Organizing for innovation at Google; and Skull Candy: developing extreme headphones. 2. More balance between industrial products versus consumer products. More industrial product examples (such as electronic components, medical components, aerospace, and business software) and service examples (such as search and advertising services, news services, hotels, outsourced industrial design) have been included throughout the book. 3. More extensive coverage of collaborative networks in Chapters 2 and 8, including graphs of the global technology collaboration network; richer explanations and examples for the network externality graphs in Chapter 4; and more in-depth coverage of modularity in both products and organizational forms in Chapter 10. Chapter 11 has also been expanded to include Failure Modes and Effects Analysis (FMEA) to ensure that students are familiar with the most widely used new product development tools. (Back of Book)
  strategic management thirteenth edition: Strategic IT Management Inge Hanschke, 2009-12-05 For you as an IT manager, changes in business models and fast-paced innovation and product lifecycles pose a big challenge: you are required to anticipate the impact of future changes, and to make rapid decisions backed up by solid facts. To be successful you need an overall perspective of how business and IT interact. What you need is a toolkit, enabling you to manage the enterprise from a helicopter viewpoint while at the same time accommodating quite detailed aspects of processes, organization, and software lifecycles. Strategic IT management embraces all the processes required to analyze and document an enterprise’s IT landscape. Based on the experience of many projects and long discussions with both customers and academic researchers, Inge Hanschke provides you with a comprehensive and practical toolkit for the strategic management of your IT landscape. She takes a holistic view on the management process and gives guidelines on how to establish, roll out, and maintain an enterprise IT landscape effectively. She shows you how to do it right first time – because often enough there’s no second chance. She tells you how to tidy up a IT patchworks – the first step towards strategic management – and she gives you advice on how to implement changes and maintain the landscape over time. The book’s structure reflects the patterns that exist in strategic IT management from strategic planning to actual implementation. The presentation uses many checklists, guidelines, and illustrations, which will help you to immediately apply the content. So, if you are a CIO, an IT manager, a business manager, or an IT consultant, this is the book from which you’ll benefit in most daily work situations.
  strategic management thirteenth edition: Strategic Business Management Gary Cokins, 2017-05-15 Presenting core theories alongside practical applications, this publication will help students understand how to effectively move an organization toward strategic goals. Author Gary Cokins uses his deep knowledge of the subject matter to deliver an easy-to-follow road map to effective and strategic management through: Establishing the integral links between planning and performance Demonstrating how risk management and performance assessment impact planning Applying business analytics and Big Data in the finance and accounting functions as well as marketing, sales, operations and other functions Evaluating the effectiveness of a strategy map and the balanced scorecard as a management tool Tying budgeting to strategy and measuring the effectiveness of both via ongoing performance Written in a plain, straight-forward fashion that will allow students to draw immediate value from its content, this book pulls together several topics in an elegant yet sophisticated approach. It uses detailed graphics and diagrams to provide students with a clear understanding of the dynamic intersection between key management and organization leadership topics that management accountants need to master in order to fill a strategic leadership role within their organizations.
  strategic management thirteenth edition: Essentials of Strategic Management Charles W. L. Hill, Gareth R. Jones, 2011-04-19 Thorough yet concise, ESSENTIALS OF STRATEGIC MANAGEMENT, Third Edition, is a brief version of the authors' market-leading text STRATEGIC MANAGEMENT: AN INTEGRATED APPROACH. Following the same framework as the larger book, ESSENTIALS helps students identify and focus on core concepts in the field in a more succinct, streamlined format. Based on real-world practices and current thinking, the text's presentation of strategic management features an increased emphasis on the business model concept as a way of framing the issues of competitive advantage. Cutting-edge research, new strategic management theory, and a hands-on approach allow students to explore major topics in management, including corporate performance, governance, strategic leadership, technology, and business ethics. In addition, a high-quality case program examines small, medium, and large companies--both domestic and international--so that students gain experience putting chapter concepts into real-world practice in a variety of scenarios. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
  strategic management thirteenth edition: Strategic Management , 2012
  strategic management thirteenth edition: Crafting and Executing Strategy Arthur A. Thompson, Alonzo J. Strickland, John E. Gamble, 2005 Presenting the most recent developments in research and strategy, this text applies these theories and illustrates their implementation in business cases.
  strategic management thirteenth edition: Strategic Management for Hospitality and Tourism Fevzi Okumus, Levent Altinay, Prakash Chathoth, Mehmet Ali Köseoğlu, 2020 Strategic Management for Hospitality and Tourism is a vital text for all those studying cutting edge theories and views on strategic management. Unlike others textbooks in this area, it goes further than merely contextualizing strategic management for hospitality and tourism, and avoids using a prescriptive, or descriptive approach. It looks instead, at the latest in strategic thinking and theories, and provides critical and analytical discussion as to how and if these models and theories can be applied to the industry, within specific contexts such as culture, profit and non-profit organizations
  strategic management thirteenth edition: Strategic Management Michael A. Hitt, R. Duane Ireland, Robert E. Hoskisson, 2009 Strategic Management is a comprehensive strategic management text that combines sophisticated and practical global focus with the most thorough, up-to-date, and applicable business examples and cases avilable.
  strategic management thirteenth edition: Strategic Management John A. Pearce, Richard Braden Robinson, 2013 Contemporary research in strategic management, with an emphasis on conceptual tools and skills created by scholars and practitioners in the field are evident throughout Strategic Management, 13e. This thirteenth edition of Strategic Management has a refined message and a new subtitle: Planning for Domestic & Global Competition. This new edition is specially designed to accommodate the needs of strategy students worldwide in our fast-changing twenty-first century. The authors complement the focus on strategic planning for success within U.S. borders with unprecedented attention on how U.S. firms can leverage their domestic success by forming international partnerships and can achieve international success by becoming actively involved in global trade. These are exciting times, and they are reflected in this book. The new edition includes NEW or revised chapter material, 30 NEW cases, and dozens of NEW illustrations.
  strategic management thirteenth edition: Essentials of Strategic Management J. David Hunger, Thomas L. Wheelen, 2011 For undergraduate and graduate level Strategic Management courses. Get straight to the heart of important strategic management concepts. This brief text offers a concise explanation of the most important concepts and techniques in strategic management. Further, cases and simulations are a perfect supplement to Essentials of Strategic Management, while its brevity also makes it suitable for use in corporate and executive training programs. This edition contains new information to reflect the latest changes in the discipline while remaining brief and to the point.
  strategic management thirteenth edition: Principles of Management Mason Andrew Carpenter, Talya Bauer, Berrin Erdogan, Jeremy Short, Saylor Foundation, 201?
  strategic management thirteenth edition: Cost Management Edward Blocher, Edward J. Blocher, David Edward Stout, Gary Cokins, 2010 Covers the strategic management topics in cost accounting. This title helps students to understand about the management and the role of cost accounting in helping an organization succeed. It addresses issues such as: How does a firm compete? and What type of cost management information is needed for a firm to succeed?
  strategic management thirteenth edition: Concepts in Strategic Management Thomas L. Wheelen, J. David Hunger, David Wicks, 2005 This comprehensive text offers an engaging look into new and traditional strategic management topics. Its thorough coverage helps students develop an understanding of the wide range of theories and research available in this field-from competitive strategy and industry analysis to environmental trends and ethics. Integration of international, as well as specifically Canadian, issues and examples throughout provides an essential understanding of both Canadian global economics and its impact on business activities in any location.
  strategic management thirteenth edition: Strategic Management Cliff Bowman, David Asch, 1987
  strategic management thirteenth edition: Human Resource Management Kramar et al, Robin Kramar, Timothy Bartram, Helen De Cieri, Raymond Andrew Noe, John R. Hollenbeck, Barry Gerhart, Patrick M. Wright, 2017-04-24 The fifth edition of Kramar's Human Resource Management has been updated and revised to provide students with the latest research information and a fundamental knowledge about the theory and practice of HRM.Emerging trends and issue that have significant implications for HRM are highlighted throughout the material. These include offshore work, the effects of the global economic downturn and diversity among others. Throughout the text, the authors address the key categories of challenges faced by businesses today; namely managing for globalisation, innovation, sustainability, attracting and retaining talent. Human Resource Management addresses the real-world challenges for HRM in Australia and Asia-Pacific region by providing recent, local examples.
  strategic management thirteenth edition: Strategic Management Dallas Hanson, Michael A. Hitt, R. Duane Ireland, Robert E. Hoskisson, 2010-09-06 Using an integrated strategic management process to explain what organisations should do to increase strategic competitiveness and achieve higher performance, the 4th Asia Pacific edition of Strategic Management: Competitiveness and Globalisation continues to provide a systematic skill-building coverage of strategy. With an emphasis on global advantage, the text offers a comprehensive examination of regional and international issues to provide a complete, accurate and up-to-date explanation of the strategic management process. New coverage on environmental concerns and emerging technologies as well as examples and cases from Australia, New Zealand and Asia-Pacific serve to engage students while updated international content demonstrates how strategic management is used in the global economy. Recognising the importance of relating theory to practice, Strategic Management: Competitiveness and Globalisation 4e provides 13 new case studies and a raft of online cases supported by a case matrix.
  strategic management thirteenth edition: Strategic Management Prof S. Chand Basha, Dasari.Pandurangarao,
  strategic management thirteenth edition: Strategic Management John Pearce, Richard Robinson, 2012-01-19 Contemporary research in strategic management, with an emphasis on conceptual tools and skills created by scholars and practitioners in the field are evident throughout Strategic Management, 13e. This thirteenth edition of Strategic Management has a refined message and a new subtitle: Planning for Domestic & Global Competition. This new edition is specially designed to accommodate the needs of strategy students worldwide in our fast-changing twenty-first century. The authors complement the focus on strategic planning for success within U.S. borders with unprecedented attention on how U.S. firms can leverage their domestic success by forming international partnerships and can achieve international success by becoming actively involved in global trade. These are exciting times, and they are reflected in this book. The new edition includes NEW or revised chapter material, 30 NEW cases, and dozens of NEW illustrations.
  strategic management thirteenth edition: Strategic Management Fred R. David, 2011 This package contains the following components: -0136120989: Strategic Management -0136125387: MyManagementLab with Pearson eText -- Access Card -- for Strategic Management
  strategic management thirteenth edition: Strategic Management Allen Amason, Andrew Ward, 2020-08-10 A focus on creating and sustaining a flow of profitable transactions, in other words, the creation of sustainable competitive advantage is the seemingly simple, yet complex goal of strategic leaders and managers. Allen Amason and Andrew Ward approach the topic of strategic management with this focus in mind. Rather than simply teaching theory and research, Amason and Ward seek to convey the fundamental keys to how strategy works. This book is designed to help students think critically and understand fully how to strategically manage their future firms. In so doing, it will enable them to adapt and learn, even as their circumstances change; to apply sound logic and reasoning, even in new and unfamiliar settings. By conveying enduring and fundamental principles of economic and human behavior rather than simply reporting on the latest innovations, this book succeeds in preparing students to excel in the business environment over time, regardless of how it evolves.
  strategic management thirteenth edition: Principles of Strategic Management Tony Morden, 2016-04-15 Now published in its Third Edition, Principles of Strategic Management by Tony Morden is a proven textbook that offers a comprehensive introduction to the study and practice of strategic management. This new edition covers the fundamentals of strategic analysis and planning, strategy formulation, strategic choice, and strategy implementation. It contains new material on leadership and corporate governance, and on the strategic management of time, risk, and performance. There is a new chapter on the key issue of crisis and business continuity management. The book retains the strong international flavour of its predecessors. The book is constructed in sharply focused Parts and Chapters. The text is then broken down into accessible Sections. The presentation is clear and reader-friendly. Principles of Strategic Management is ideal for use on undergraduate, conversion masters, and MBA courses in business and management. Its reader-friendly approach also makes it suitable for block-release type courses, distance-learning programmes, self-directed study, in-company training, and continuing personal professional development.
  strategic management thirteenth edition: Strategic Management Fred R. David, 2012-03-22 The global economic recovery has created a business environment that is quite different and more complex than before. This new edition of the textbook reveals how to conduct effective strategic planning in this new world order.
  strategic management thirteenth edition: Strategic Management Arão Sapiro, 2024-05-11 This book provides students with the fundamental concepts and stages of strategic management and planning in organizations with essential tools to make decisions in order to remain competitive in the business world of today. It offers an introduction to the key topics and themes of organizational and competitive strategies and provides a panoramic view of the changing corporate environment. The author draws on insights from various typical functional courses, such as marketing, finance, and accounting, to help students understand how top executives and managers make the strategic decisions that drive successful businesses. Students learn how to conduct a case analysis, measure organizational performance, and conduct external and internal analyses. The book features learning objectives, glossaries, and real cases related to the content of each chapter. The book also features discussions on the execution and evaluation of organizational performance; environment,social, and governance (ESG); and decision and risk analysis. This book is useful for upper undergraduate and graduate level courses in strategic planning and management, business administration, decision making, and business strategy.
  strategic management thirteenth edition: Strategic Management Tools Dr. Abdul Razak, Dr. S. Pardhasaradhi, 2021-10-12 The book helps investors, managers and decision makers in their assessment of investment targets in the industry and helps managers to identify, select, implement and integrate the optimal tools to improve the organization's performance for strategic planning and strategy formulation. The book also helps to understand investor perceptions and is based on the Strategic management tools with the case studies of the companies like Tata Starbucks for Strategic alliances, Flipkart for e-tailing, McDonalds for Franchising and TCS for Generic Strategies. The author has explained how the companies are able to create the brand image and customer loyalty in the internet world. This book helps the managers and decision makers in using Strategic management tools and techniques in the growth of the organization and the case studies are used to explain each tool.
  strategic management thirteenth edition: Strategic Management Fred R. David, 2007-11-30 For undergraduate and graduate strategic management courses. For professors who want their students to understand the practical application of strategic management, David provides a skills-based, practitioner-oriented focus.
STRATEGIC Definition & Meaning - Merriam-Webster
The meaning of STRATEGIC is of, relating to, or marked by strategy. How to use strategic in a sentence.

STRATEGIC | English meaning - Cambridge Dictionary
STRATEGIC definition: 1. helping to achieve a plan, for example in business or politics: 2. used to provide military…. Learn more.

STRATEGIC definition and meaning | Collins English Dictionary
Strategic means relating to the most important, general aspects of something such as a military operation or political policy, especially when these are decided in advance.

strategic adjective - Definition, pictures, pronunciation and usage ...
Definition of strategic adjective from the Oxford Advanced Learner's Dictionary. done as part of a plan that is meant to achieve a particular purpose or to gain an advantage. Cameras were set …

Strategic vs. Strategical — What’s the Difference?
Nov 2, 2023 · "Strategic" is a commonly used adjective that refers to matters related to strategy or crucial planning, especially in military, business, or political contexts. It implies a high level of …

strategic, adj. & n. meanings, etymology and more | Oxford …
There are seven meanings listed in OED's entry for the word strategic, one of which is labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence.

What is Strategy? - Strategic Thinking Institute
Sep 23, 2020 · Strategy is the intelligent allocation of resources through a unique system of activities to achieve a goal. Simply put, strategy is how you plan to achieve a goal. Mic drop? …

STRATEGIC Definition & Meaning | Dictionary.com
adjective pertaining to, characterized by, or of the nature of strategy. strategic movements. important in or essential to strategy. Synonyms: principal, key, crucial, critical, opportune (of …

STRATEGIC | meaning - Cambridge Learner's Dictionary
STRATEGIC definition: 1. helping to achieve a plan, usually in business or politics: 2. related to fighting a war: 3…. Learn more.

Strategic Planning | Corporate Finance Institute
Learn how strategic planning helps businesses set goals, allocate resources, and drive success. Build a clear roadmap for long-term growth and resilience.

STRATEGIC Definition & Meaning - Merriam-Webster
The meaning of STRATEGIC is of, relating to, or marked by strategy. How to use strategic in a sentence.

STRATEGIC | English meaning - Cambridge Dictionary
STRATEGIC definition: 1. helping to achieve a plan, for example in business or politics: 2. used to provide military…. Learn more.

STRATEGIC definition and meaning | Collins English Dictionary
Strategic means relating to the most important, general aspects of something such as a military operation or political policy, especially when these are decided in advance.

strategic adjective - Definition, pictures, pronunciation and usage ...
Definition of strategic adjective from the Oxford Advanced Learner's Dictionary. done as part of a plan that is meant to achieve a particular purpose or to gain an advantage. Cameras were set …

Strategic vs. Strategical — What’s the Difference?
Nov 2, 2023 · "Strategic" is a commonly used adjective that refers to matters related to strategy or crucial planning, especially in military, business, or political contexts. It implies a high level of …

strategic, adj. & n. meanings, etymology and more | Oxford …
There are seven meanings listed in OED's entry for the word strategic, one of which is labelled obsolete. See ‘Meaning & use’ for definitions, usage, and quotation evidence.

What is Strategy? - Strategic Thinking Institute
Sep 23, 2020 · Strategy is the intelligent allocation of resources through a unique system of activities to achieve a goal. Simply put, strategy is how you plan to achieve a goal. Mic drop? …

STRATEGIC Definition & Meaning | Dictionary.com
adjective pertaining to, characterized by, or of the nature of strategy. strategic movements. important in or essential to strategy. Synonyms: principal, key, crucial, critical, opportune (of …

STRATEGIC | meaning - Cambridge Learner's Dictionary
STRATEGIC definition: 1. helping to achieve a plan, usually in business or politics: 2. related to fighting a war: 3…. Learn more.

Strategic Planning | Corporate Finance Institute
Learn how strategic planning helps businesses set goals, allocate resources, and drive success. Build a clear roadmap for long-term growth and resilience.