Synthesizes strategic planning concepts to explain how an organization approaches its planning process. According to Collins, there were many different strategic plans to approach the organization. Collins stated that breakthrough results come about by series of good decisions, diligently executed and accumulated one on top of another of course, the good to great companies did not have a perfect record of accomplishment. Overall, they made many more decisions than bad ones, and they made many more
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process of conducting research on the business micro environment within which an organization operates. This theory is based on the forces which determine the competitive intensity and attractiveness of a market. By Porter’s framework, barrier to entry/threat of new entrants, bargaining power of buyer, bargaining power of supplier, threat of substitute products or services and intensity of rivalry among established companies within an industry help to identify where power lies in the business situation
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Carrefour case study * Entry of Carrefour in the Russian Market in june 09 * Exit 4 month later Reasons to enter the market: 1. Long- term potential 2. Company´s aim of having a presence in the BRIC markets 3. Russia´s proximity to Europe Problems: absence of opportunities to grow either organically or through acquisition Barriers of Russian market: 1. Legislative framework is highly complicated 2. Corruption is rampant at all levels 3. High start up costs
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customer loyalty. Harley-Davidson has been able to maintain a competitive lead in large motorcycles due to intense customer loyalty. Disadvantages of first movers High risk High development costs High demand uncertainty First mover market entry • Advantages Above-average returns until other competitors respond effectively Start down the learning curve earlier Opportunity to gain customer loyalty Opportunity to set standards Disadvantages • Uncertainty about demand • High development
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What is Groupon? Groupon is a company that offers “group coupon” in deal of the day offering for local or national businesses such as local restaurants, stores, services, events and travel packages products. Background Groupon found by Andrew Mason. Groupon was launched in 2008, and the first market was Chicago, followed soon by Boston, New York City and Toronto respectively. It is also one of the fastest growing technology companies of the decade. By October 2010 Groupon was available
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Android-based handsets and Research in Motion's Blackberry. Nokia sold 24 million smartphones in the period, 13 per cent more than in 2010, but its market share for the devices plunged to 24 per cent from 39 per cent a year earlier, according to Strategy Analytics market research. The company's overall global market share also fell - to 29 per cent, its lowest level since the late 1990s. A year ago its total market share was 33 per cent and 31 per cent in the previous quarter.
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control over the Stacey Company and tried to make a profitable one. The main issue is to reestablish the company by increasing production on high quality and concentrate sales on tile setters who do not seek quantity discounts and favor a low-pricing strategy instead of wholesalers who, as he said, “always try to obtain larger discounts”. His plans go for the full modernization of the company, for having it operating efficiently, resulting in selling high-quality products. When he took control over the
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Format for Strategic Analysis Report Strategic analysis of: _______________________________________ (case or company) EXTERNAL ENVIRONMENT MACRO ENVIRONMENT Political: • Regulation • Trade barriers • Change in tax laws/incentives • Other… Summary Legal: • Anti-trust • Equal pay/employment • Environmental protection • Health & Safety • Other… Summary Economic: • Interest Rate • Recession (aggregate demand) • Energy prices
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the mission and objectives, situation analysis, strategy formulation, strategy implementation, and evaluation and control. The company starts with the mission and objectives because the mission statement is the company’s reason for existing. Then the company does the situation analysis so they understand the goals and the best ways to reach these goals. Then the company must determine the formulation for the strategy and then implement the strategy. The final stage is the evaluation and
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A vision for excellence Rene Rodea Grand Canyon University EDA-575 Educational Leadership in a Changing World May 1, 13 A vision for excellence Planning has become an important part of developing good management skills and governing of an educational organization. The Strategic Planning in Higher Education “clearly articulates that a proven methodology will yield strategic thinking from groups and more organizations in a innovative direction” (Center for Organizational Development and Leadership)
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