Feedback: Strategic Management and Agenda Item
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F -X C h a n ge
Feedback
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Back to Company Performance and Results
Board Meeting 1 Introduction to feedback Strategy in action
Purpose At the end of each decision period there is an opportunity to review the Agenda Items for that decision period and the issues that they raise for the WRSX Group. The purpose of this feedback is to enable the participant to answer the following questions: 1. Were you able to identify the key strategic issues raised by the agenda item? 2. Were you able to anticipate the impact of your decision on Non Financial Performance Indicators (NFPIs)? 3. As in the real world, in most cases it is almost impossible to predict the financial outcomes of any major strategic decision accurately. But it is possible to anticipate the financial impact of one action alternative compared to choosing other action alternatives. Were you able to identify which action options would be most likely to deliver long-term return on investment? 4. If this were a case study or exam question, which strategic models and frameworks from the text would be useful in demonstrating your grasp of corporate and business strategy when addressing this agenda item? Format Each Decision period you will receive feedback in the following format for each Agenda Item: 1. Some key strategic questions raised by the Agenda Item 2. Some broad feedback on the impact on Financial and Non-Financial Performance Indicators of the various action options. 3. Some suggested models and frameworks from the text that might have helped you surface the strategic issues raised by the Agenda Item.
Phase 3 – Board Meeting: One Feedback on issues raised by the agenda items Agenda item one – expansion into China
This agenda item is based on a common strategic issue for companies
F -X C h a n ge
Feedback
Page 1 of 3
PD
F -X C h a n ge
!
W
N O
y
bu
to
k
C lic
m
C lic
k
to
bu
y
N O
.c
W w !
.d o
w
o
.d o
c u -tr a c k
c u -tr a c k
.c
Back to Company Performance and Results
Board Meeting 1 Introduction to feedback Strategy in action
Purpose At the end of each decision period there is an opportunity to review the Agenda Items for that decision period and the issues that they raise for the WRSX Group. The purpose of this feedback is to enable the participant to answer the following questions: 1. Were you able to identify the key strategic issues raised by the agenda item? 2. Were you able to anticipate the impact of your decision on Non Financial Performance Indicators (NFPIs)? 3. As in the real world, in most cases it is almost impossible to predict the financial outcomes of any major strategic decision accurately. But it is possible to anticipate the financial impact of one action alternative compared to choosing other action alternatives. Were you able to identify which action options would be most likely to deliver long-term return on investment? 4. If this were a case study or exam question, which strategic models and frameworks from the text would be useful in demonstrating your grasp of corporate and business strategy when addressing this agenda item? Format Each Decision period you will receive feedback in the following format for each Agenda Item: 1. Some key strategic questions raised by the Agenda Item 2. Some broad feedback on the impact on Financial and Non-Financial Performance Indicators of the various action options. 3. Some suggested models and frameworks from the text that might have helped you surface the strategic issues raised by the Agenda Item.
Phase 3 – Board Meeting: One Feedback on issues raised by the agenda items Agenda item one – expansion into China
This agenda item is based on a common strategic issue for companies