Chapter one, What is Strategy? • What is our present situa4on? – Business environment and industry condi4ons – Firm’s financial and compe44ve capabili4es • Where do we want to go from here? – Crea4ng a vision for the firm’s future direc4on • How are we going to get there? – CraBing an ac#on
Words: 1618 - Pages: 7
process for setting objectives and making decisions and control and co-ordination of activities to make sure objectives are being met. In order to make decisions and control and co-ordinate activities there must be a hierarchy (different levels) of management in the organisation. In college for instance the overall strategy for the college is decided by the Principal who is the senior manager. The Principal has a team of Executive Directors who manage different parts of the college’s activities. The
Words: 997 - Pages: 4
maintaining quality though increased production and operational efficiencies; and 2) to expand its global presence in manufacturing as well as sales. Strategies:- The 14 principles are known as the "Toyota Way" and are listed below: 1. Base your management decisions on long term philosophies, even at the expense of short term goals 2. Create continuous process flow to bring problems to the surface 3. Use pull systems to avoid over production 4. Level out the workload 5. Build in a method to stop
Words: 928 - Pages: 4
Matter? • IS and Competitive Advantage • The New Competitive Paradigm Does IT Matter? • Can IT provide a strategic advantage? • Is it sustainable? • Carr, Nicholas (2003), “IT doesn’t matter”, Harvard Business Review, May 2003, pp. 41-49. – “As information technology’s power and ubiquity have grown, its strategic importance has diminished. The way you approach IT investment and management will need to change dramatically” (Carr, 2003) IT Doesn’t Matter! • Information Technology: – Proprietary
Words: 1498 - Pages: 6
p40 10. In fact, the value of a firm less its debt does not equal the stock market value of its equity False Page: p40 11. Flexibility is a very important and valuable element in the corporate arena because investments and strategic behaviors
Words: 5192 - Pages: 21
They are also expected to comprehend the outcomes of a planning process like vision, mission, objectives & strategy. The module has 4 sessions Topics – Module 2 (4 sessions) Decision making Types of planning The planning process/ framework Strategic planning in an organisation Outcomes of planning process Hierarchy of strategy MBO – Peter Drucker Decision Making ‘the process of identifying & selecting a course of action to solve a problem / take advantage of an opportunity’ Problem – the
Words: 1957 - Pages: 8
STRATEGIC MARKETING PLAN - JUST US COFFEE — Document Transcript 1. MG 511 StrategicMarketingCase Study:Marketing Planning at‘Just Us! Cafes’Lecturer: Ms. xDate: 20th Dec. 2010Name: Seánpaul WalshStudent No: X 2. Contents:1.0 External Analysis 3 1.1 Competitor Analysis 3 1.2 Specific Competitor: Kicking Horse Strategy 4 1.3 PEST 4 1.4 Porter’s 5 Forces 42.0 Internal Analysis 5 2.1 Value Chain Analysis 5 2.2 BCG Matrix 5 2.3 Revenue Analysis 6 2.4 Geographic Concentration 63.0 SWOT Analysis 74
Words: 4490 - Pages: 18
MODULE 1: Introduction to S&L 3 Benefits of studying S&L, challenges and criticism, CPA thinking 5-6 Emergence of strategy (Ownership, globalisation, structure) 6-7 Leadership and its role, leadership vs. management, role of the accountant is S&L 8-9 Accountant’s role, financial aspects of value creation 10-12 Drivers of globalisation (competitive, techno, social, political forces) 12-15 Challenges of globalisation (Competition, distribution, macroeconomic, socioeconomic, financial, legal
Words: 1366 - Pages: 6
“Have you caught the wave?” For those who have not heard this quote before, it is associated with a strategic strategy known as Blue Ocean Strategy; Blue Ocean was coined by W. Chan Kim and Renee Mauborgne. In this strategy, the authors use the term “blue ocean” to get people to envision creating their own “blue oceans” which is often thought of as untouched and deep. This is the exact opposite of the beliefs of other strategies like Porter, D’Aveni, and Moore who work within the current market to
Words: 3869 - Pages: 16
have been launched recently. Look at the issues that are preoccupying senior management. Look at the criteria and benchmarks by which progress is being measured. Look at the track record of new business creation. Look into the faces of your colleagues and consider their dreams and fears. Look toward the future and regenerate success again and again in the years and decades to come. Now ask yourself: Does senior management have a clear and broadly shared understanding of how the industry may be different
Words: 8859 - Pages: 36
