GLOBAL STRATEGY
AND LEADERSHIP
KEY CONCEPTS AND MODELS
WEBINAR 1 (MODULES 1–3)
WEBINAR 2014
AUTHOR: DELYTH SAMUEL
REVISED BY: SAMANTHA WINTER
GSL segment map
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Key Concepts and Models – Webinar 1
Webinar objectives
+ At the conclusion of this webinar, you should have
• reinforced your understanding of the key concepts and models in the Global Strategy and Leadership segment and how they relate to each other
• reinforced your understanding of the analysis tools that are used for the analysis of case facts
• an awareness of your current level of knowledge and the further study required in this segment
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Key Concepts and Models – Webinar 1
Webinar timetable
Webinar content
Time
Introduction and overview. Brief participant introduction
5 mins
Module 1: An introduction to strategy and leadership
10 mins
Module 2: Understanding the external environment
30 mins
Module 3: Understanding the internal environment
30 mins
Conclusion: Final question and answer session
15 mins
Total
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Key Concepts and Models – Webinar 1
1.5 hours
Module 1: An introduction to strategy and leadership
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Key Concepts and Models – Webinar 1
Strategy approaches
+ Rational approach: Conception and execution of strategy are discrete, sequential activities
+ Processual approach: Strategy is formed incrementally as a
‘pattern in a stream of decisions’
+ Evolutionary approach: Market forces determine the survival or failure of organisations
+ Systemic approach: Strategy is embedded in the cultural values, norms and rules of the organisation and society in which it operates
+ Other: Fuzzy
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Key Concepts and Models – Webinar 1
Strategic planning process
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Key Concepts and Models – Webinar 1
Strategic thinking, planning, fit and stretch
+ The concepts and practices of strategy are dynamic and subject to continual change
+ Strategic planning –