Shidler College of Business University of Hawai´i at Mānoa Vietnam MBA Program Fall 2011 BUS 632—Business Strategy Dates of Course: Oct. 20 - 29 Professor James Richardson BusAd C501f Office Phone: 956-7270 Email: jamesr@hawaii.edu Course Outline and Objectives: BUS 632 covers strategic management as an integrating paradigm for your business knowledge. The aim is to develop an understanding of the strategic challenges facing managers in competitive markets. Globalization, foreign competition, and
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“Strategy articulates the firm’s preferred environment and the type of organisations it is striving to become.” – Hiroyuki Itami. Discuss why an understanding of strategy and strategic management is fundamental to an organisations success. There is no one specific and definitive meaning to the word strategy. You would generally consider strategy to be the process involved in setting goals and objectives and then, ultimately the way's of achieving these goals through the designated and limited
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following matrices to justify the strategies you will be recommending: SWOT Matrix, SPACE Matrix, BCG Matrix, IE Matrix, Grand Strategy Matrix, and QSP Matrix. 2. Discuss the advantages and disadvantages of at least two (2) alternative strategies. 3. Recommend specific strategies and objectives for the firm to follow over the next three (3) years. Include an itemized estimate of costs for each year. 4. Compare and contrast your recommendations to the actual strategies planned by the company.
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“You’ve got to be very careful if you don’t know where you are going, because you might not get there.” Yogi Berra BACKGROUND Henry Mintzberg, former president of the Strategic Management Society, points out that “strategy can not be planned because planning is about analysis and strategy is about synthesis.” 1 Failure to recognize this basic distinction accounts for the frequent failure of such exercises, as does an excessive focus on technical detail, lack of suitable leadership, and perhaps most
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following matrices to justify the strategies you will be recommending: SWOT Matrix, SPACE Matrix, BCG Matrix, IE Matrix, Grand Strategy Matrix, and QSP Matrix. 2. Discuss the advantages and disadvantages of at least two (2) alternative strategies. 3. Recommend specific strategies and objectives for the firm to follow over the next three (3) years. Include an itemized estimate of costs for each year. 4. Compare and contrast your recommendations to the actual strategies planned by the company. 5. Specify
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Organizations An organization needs to adhere to ethics in order to effectively implement its mission, vision, and objectives in a way in which offers a solid foundation to management and their subordinates to properly develop and implement its strategies. By doing so, the organization as a whole is essentially subscribing to one commonality that directs all of the actions of the employees of the organization. Additionally, it assists in preventing such employees from divergence in regard to the
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1. In general, what are the strengths and weaknesses of Peace Medical? There are several strengths in Peace Medical. First, it is a successful company which has its own organizational culture and well-planned organizational develop strategy. It also had developed a sound organizational structure and had managed to staff key functional areas. Second, Peace Medical had cultivated an established set of clients throughout China and had accumulated an array of tangible assets and had established good
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this unit on Business Policy. Dr Yousef Eiadat will be joining me in teaching this course. In this unit we aim to build skills in Strategic planning – the analysis behind strategic decisions, the crafting of strategies and the implementation of them to ensure organisational success. Strategy involves managing the interface between an organization and its external environment. To this end, the first three topics develop skills in strategic analysis, leading to consideration of the positioning of an
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------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- UNIVERSITY COLLEGE DUBLIN ------------------------------------------------- NATIONAL UNIVERSITY OF IRELAND, DUBLIN ------------------------------------------------- ------------------------------------------------- MASTER OF SCIENCE (SINGAPORE)
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students were to some extent familiarized with the reading strategies. We set expectations for the formal observation during the literacy bundle. We discussed the learning activities and small group instruction planned for the visit. On December 4th, I walked into your class to conduct the formal observation. Your class was sitting on the meeting area as you explained to them, “Today we are going to combine the two strategies. One is to observe the picture with owl’s eyes. The second
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