strategic management lecture slide mba

... Trang 12What is Strategic Management?• Strategic management is the process of directing and strengthening an organisation in its competition with other organisations. • Strategic management should ... go about doing the above two? Trang 25Part D:Modern Strategic Management Trang 26Modern Strategic Management• Modern approach to strategic management is viewed differently from the previous four ... Key StakeholdersTable 1.2 Trang 36Part E:Strategic Management Framework Trang 37A Framework for Strategic Management• The planned components of strategic management involve the following seven...

Ngày tải lên: 16/04/2019, 12:21

... organisations are led and controlled by their leaders has emerged as one of the most important strategic management issue • A number of issues need to be considered including: • Disclosure statements ... how important strategic decisions are made and controlled in organisations is called corporate governance. • Corporate governance is concerned with identifying ways to ensure that strategic decisions ... the success of a company’s activities Trang 13Separation of Ownership and Management • The separation of ownership and management — an unavoidable phenomenon of modern organisations, can cause...

Ngày tải lên: 16/04/2019, 12:21

... organisations frequently possess multiple strategic goals • Explain the differences in the roles of goals, values and ethical positions in setting strategies • Describe how strategic goals, values and ethical ... for stakeholders or simply Trang 8Shareholder Versus Stakeholders• It is important from a Strategic Management perspective that organisations are clear as to who should benefit from their value-creating-goals ... produce broad creating goals and achievements that benefit the community Trang 13value-Strategic Philanthropy• Strategic philanthropy refers to a significant social contribution, usually to the communities...

Ngày tải lên: 16/04/2019, 12:21

... 33Identifying Key Success FactorsFig 4.8 Trang 34Strategic Groups• Strategic group refers to a group of organisations in an industry that adopt a similar strategy • Strategic group analysis refers to an ... Analysis and StrategicPlans • That environment is the principal determinant of organisational success is dominant view amongst many strategist • Environmental analysis has relevance at two strategic ... future strategies and decisions, 2 Predict competitors’ likely reactions to an organisation’s strategic initiatives, 3 Determine how competitors’ behaviour can be influenced to make it more...

Ngày tải lên: 16/04/2019, 12:21

... Trang 15Industry Evolution and StrategicAdvantage • Everything is in a state of constant change — the business environment especially • The greatest challenge of management is to ensure that ... of whether to be a leader or a follower, and the management of risk must take careful account of organisational characteristics Trang 21Strategic Innovation• At the early growth stage of a ... Innovation should be viewed in a broader context to include ‘new approaches to doing business • Management literature suggests several approaches of formulating innovative strategies Trang 8Sustaining...

Ngày tải lên: 16/04/2019, 12:21

... competitive advantage than does differentiation • cost advantage is vulnerable to: • new technology • strategic innovation • unpredictable external forces Trang 16Differentiation Variables• The potential ... 23Differentiation and Segmentation• Whereas segmentation is a feature of market structure, differentiation is a strategic choice by a company • Differentiation is concerned with how a company competes — the ways...

Ngày tải lên: 16/04/2019, 12:21

... office manage its group of businesses? • Corporate level strategies are aimed to enhance a firm’s strategic competitiveness and contribute to earn above average returns Trang 8Corporate-level Strategy• ... Technical economies from physical integration • Developing distinctive capabilities • How to manage strategically different businesses? • The incentive problem • Competitive effects of vertical integration ... Trang 31Turnaround and Retrenchment Strategies• When a company is not performing well enough, its management considers either a turnaround or a retrenchment strategy • Turnaround strategy refer...

Ngày tải lên: 16/04/2019, 12:21

... paramount Trang 24The role of a strategic centre• It is important for a company to act as a strategic centre for its partners • The role of a strategic centre includes: • Strategic outsourcing • Capability ... alliances • Describe different types of strategic alliances and how they can enable companies to create value • Discuss some of the reasons for success or failure of strategic alliances • Explain the ... partnerships in the new competitive landscape Trang 5Strategic alliances as vehicles of strategyachieve one or more goals linked to their strategic objectives interchangeably independent organisations...

Ngày tải lên: 16/04/2019, 12:21

... risks) it offers • The principal elements of global strategic management are similar to domestic strategic management Trang 5Global strategic management• Organisational learning refers to retaining ... market, rather than on individual country or regional markets Trang 4Global strategic management• Global strategic management views the world as a single, segmented, market and applies the organisation’s ... Trang 1BMA799 STRATEGIC MANAGEMENT Lecture Ten: Global Strategy Trang 2Learning objectives• Use the tools of industry analysis...

Ngày tải lên: 16/04/2019, 12:21

... and project-based organisations • Networks Trang 28Part DManagement Systems Trang 29Management systems for coordinationand control • Management systems provide the mechanisms of communication, ... coordination and cooperation Three key areas addressed are: • Performance • Culture • Strategic planning and finance Trang 30Strategic planning systemsFig 10.10 Trang 31Financial planning and control systems• ... structure and their strengths and weaknesses Trang 3• The design of organisational structure and management control system is the key component of strategy implementation • The formulation of strategy...

Ngày tải lên: 16/04/2019, 12:22

... Trang 1BMA799 STRATEGIC MANAGEMENT Lecture 12: Strategic Evaluations Trang 2Learning objectives• Describe strategy evaluation ... strategy evaluation should take three forms at different stages of the strategic management process • Performance evaluation and strategic appraisal • Strategy evaluation and selection • Evaluation ... check if a strategy which is being implemented is on the right track Trang 7Evaluative tools• Strategic — ‘SWOT analysis’, ‘achievement of objectives’, and ‘closing the planning gap’ • Financial...

Ngày tải lên: 16/04/2019, 12:22

... Trang 1Strategic LeadershipTrang 2INTRODUCTION •Effective strategic leadership is the foundation for the successful use of the strategic management process •Strategic leaders guide ... human (includes intellectual) capital. Trang 4STRATEGIC LEADERSHIP AND THE STRATEGIC MANAGEMENT PROCESSTrang 5STRATEGIC LEADERSHIP AND STYLEEffective strategic leaders: • build strong ties with ... Outsides bring fresh paradigms Trang 13EXERCISE OF STRATEGIC LEADERSHIPTrang 14KEY STRATEGIC LEADERSHIP ACTIONSDetermining strategic direction • Strategic direction is framed within the context...

Ngày tải lên: 16/04/2019, 12:22

... Project Management? Goal Project Resources Timeline Project Management is the process of guiding your project from its beginning through its closure People Management Technical Management Change Management ... project management – Essential elements of project management – Evaluation criteria of effective projects  Report Program Agenda – Day Introduction to Elements of Project Management Project Management ... Management Project Management Technical Management Planning Organizing Monitoring Problem solving Project Parameters Project Parameters Quality Standards Time Schedule Cost Budget People Management Most...

Ngày tải lên: 18/11/2016, 12:27

... management • Strategic management process • Importance of strategic management • Levels of strategy © 2003 McGraw-Hill Australia Pty Ltd PowerPoint Concept of strategic management Strategic management ... optimising strategic goal achievement, given available environmental and internal conditions.’ © 2003 McGraw-Hill Australia Pty Ltd PowerPoint Concept of strategic management Strategic management ... Concept of strategic management ‘Large-scale action plan for interacting with the environment to achieve long-term goals.’ © 2003 McGraw-Hill Australia Pty Ltd PowerPoint Concept of strategic management...

Ngày tải lên: 22/05/2016, 14:24

... of MBAA International He is coauthor with Thomas Wheelen of Strategic Management and Business Policy, Essentials of Strategic Management, Cases in Strategic Management and Business Policy, Strategic ... 1.1 The Study of Strategic Management Phases of Strategic Management Benefits of Strategic Management 1.2 Globalization and Electronic Commerce: Challenges to Strategic Management Impact of Globalization ... Cases in Strategic Management 1-1 vii Contents Preface xxiii PART ONE Introduction to Strategic Management and Business Policy Chapter Basic Concepts in Strategic Management 1.1 The Study of Strategic...

Ngày tải lên: 19/10/2016, 13:19

... Introduction to Strategic Management and Business Policy 25 CHAPTER Basic Concepts of Strategic Management 26 1.1 The Study of Strategic Management 29 Phases of Strategic Management 29 Benefits of Strategic ... Introduction to Strategic Management and Business Policy 25 Basic Concepts of Strategic Management 26 Corporate Governance 66 CHAPTER Social Responsibility and Ethics in Strategic Management 94 ... Entrepreneur as Strategist Use of Strategic Planning and Strategic Management Degree of Formality Usefulness of the Strategic Management Model Usefulness of the Strategic Decision-Making Process...

Ngày tải lên: 19/10/2016, 13:23

... Utility Industry," Strategic Management Journal (February 2007), pp 189-209 19 C Campbell-Hunt, "What Have We Learned About Generic Competitive Strategy? A Meta Analysis," Strategic Management Journal ... with Imitation," Strategic Management Journal (January 2000), pp 23-30; Y Pan and P C K Chi, "Financial Performance and Survival of Multinational Corporations in China," Strategic Management Journal ... Entry," Strategic Management Journal (August 2008), pp 797-817; G Dowell and A Swaminathan, "Entry Timing, Exploration, and Firm Survival in the Early U.S Bicycle Industry," Strategic Management...

Ngày tải lên: 19/10/2016, 15:36

... to strategic management but by themselves are only the beginning of the process The failure to carry a strategic plan into the day-to-day operations of the workplace is a major reason why strategic ... are rational aids for strategic decision making This logical approach fits Mintzberg's planning mode of strategic decision making, as discussed in Chapter Nevertheless, some strategic decisions ... part of strategic management Strategy formulation and strategy implementation should thus be considered as two sides of the same coin Poor implementation has been blamed for a number of strategic...

Ngày tải lên: 19/10/2016, 15:37

... solely granted to the publisher, Prentice Hall, for the books, Strategic Management and Business Policy-11th Edition and cases in Strategic Management and Business Policy-11th Edition by copyright ... publisher, Prentice-Hall, for the books Strategic Management Business Policy-10th Edition (and the International version of this book) and Cases in Strategic Management and Business Policy-11th Edition ... publisher, Prentice-Hall, for the books Strategic Management and Business Policy-1 th Edition (and the International version of this book) and Cases in Strategic Management and Business Policy-11th...

Ngày tải lên: 19/10/2016, 15:37