Preview

Some Stuff That Is Usefull

Best Essays
Open Document
Open Document
1859 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Some Stuff That Is Usefull
Case Based Learning Case 1 Brown Bag Films

Strategic Management in the Media 2012/2013

Tjerk Voortman
171840
MSM3D
November 14, 2012
Bastiaan Nijbroek
Problem Statement * How can Brown Bag Animations stay successful within the fast changing media environment?
By writing a strategic plan following all the five step method given at question 1. So start by making a mission and vision, because this where things not mentioned in the text I’m guessing Brown Bag Film doesn’t have does.

Next is their internal and external environment, as seen at question 3 they have given al lot of information by the given text, but there is more to do research in. Think of DREDS, PESTEL, Competitive Analysis, etc.

Next is to set up a strategy, which outlines the strengths of Brown Bag Films, corrects its weaknesses and takes advantage of the opportunities and counter the threats.

Followed by implementing the new strategy.

1. What is Strategic Management, regular compared to the Media Industry?

“A strategy is a set of related actions that managers take to increase their company’s performance. (Jones, G., Hill, C., 2010, Page. 3)”

“Strategic leadership is concerned with managing the strategy-making process to increase the performance of a company, thereby increasing the value of the enterprise to its owners and shareholders (Jones, G., Hill, C., 2010, Page. 4).”

“Strategic Management is all about identification

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Rize Documentary

    • 528 Words
    • 3 Pages

    So what is Strategy? Strategy is how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.…

    • 528 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    1. Create or describe a strategy for your firm, as operationalized by Collis and Rukstad. Be sure to be comprehensive and specific when separately describing your objective/scope/advantage and the subcomponents of each one. As a final portion of your answer, append and describe the activity-system map of your firm. [Figure 1]…

    • 3509 Words
    • 11 Pages
    Better Essays
  • Satisfactory Essays

    A strategy is a pattern or plan that integrates an organization’s major goals, policies, and action sequences into a cohesive whole.…

    • 1615 Words
    • 9 Pages
    Satisfactory Essays
  • Powerful Essays

    Notcheating

    • 7397 Words
    • 30 Pages

    A company’s strategy consists of the competitive moves and business approaches that managers are employing to compete successfully improve performance and grow the business.…

    • 7397 Words
    • 30 Pages
    Powerful Essays
  • Good Essays

    Chinas Paper Queen

    • 864 Words
    • 4 Pages

    Strategic leadership is the use of strategy in the management of employees or workers. The main goal is to find methods to motivate workers to take interest and initiative in improving and increasing their productive contributions to the company in question. Strategic leadership is a model of management that trains workers to best prepare the company for what’s ahead. Awareness plays a major role in strategic leadership, and so strategic leaders are constantly looking towards the future and analyzing all possibilities in terms of preparation. Other features that these leaders must have are adaptability and growth-orientation; after all these are the individuals who must take responsibility for the actions of the workers with the final goals being to strive towards achieving the best possible results for the respective company. Productivity may be the main goal of strategic leadership, but it doesn’t mean that workers should be taken advantage of to achieve maximum productivity. Workers should be motivated instead, and an environment in which workers can anticipate the company’s needs in relation to their own jobs should be created. Quality is valued over quantity. Strategic management realizes that workers must be respected and motivated in ways that do not compromise their dignity, but at the same time try to increase productivity as much as possible.…

    • 864 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Capstone

    • 2583 Words
    • 11 Pages

    Strategy may be defined as the art and science of formulating and implementing visions and plans to achieve specific goals. As a successful manager and business leader you will be required to make intelligent decisions as you help to create and execute your organization's strategic plans.…

    • 2583 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Business Strategy

    • 4891 Words
    • 20 Pages

    Strategic Management, what is this? It is that set of managerial decisions and actions that determines the long-run performance of a corporation. It includes environmental scanning, strategy formulation and implementation, and evolution and control. The study of Strategic Management helps us to monitoring and evaluating the opportunities and threats of a company’s strengths and weaknesses.…

    • 4891 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    “What is Strategy?” according to Slack & Lewis (2008, p.5) is a question that “is not easy to answer what seems like a straightforward question”. However, it has to do with setting of goal and planning the path to achieve the goals. According to Johnson, Scholes & Whittington (2008, p.3) "Strategy is the direction and scope of an organization over the long-term”. It exists at different stages or levels in any organization; the corporate, business and the operational (Riley, 2012).…

    • 725 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    General Electric

    • 60500 Words
    • 242 Pages

    A company’s strategy is management’s game plan for how to grow the business, how to attract and please customers, how to compete successfully, how to conduct operations, and how to achieve targeted objectives.…

    • 60500 Words
    • 242 Pages
    Powerful Essays
  • Satisfactory Essays

    "Strategic management is an on-going process that evaluates and controls the business and the industries in which the company is involved; assesses its competitors and sets goals and strategies to meet all existing and potential competitors; and then reassesses each strategy annually or quarterly [i.e. regularly] to determine how it has been implemented and whether it has succeeded or needs replacement by a new strategy to meet changed circumstances, new technology, new competitors, a new economic environment., or a new social, financial, or political environment."…

    • 11379 Words
    • 46 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategic Leadership

    • 2796 Words
    • 12 Pages

    Strategic leadership is difficult to describe as a concept; however it is easy to distinguish when it is in action. Leaders pay close attention to small details to ensure that the big picture may one day become realized. Strategic leadership is being able to develop competencies for dealing with extensive, new challenges of leading in the industry that they are in.…

    • 2796 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    STRATIGIC LEADERSHIP

    • 778 Words
    • 4 Pages

    Strategic leadership basically means using strategy in the management of workers. The main strategy usually employed is to motivate workers to take the initiative to improve their productive input into the company. Strategy involves thinking and planning, while leadership inspires others to take the appropriate action. This management model trains and encourages employees to best prepare the company for the future.…

    • 778 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage.…

    • 4673 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    A Strategy is a company’s long-term plan for how it will balance its internal strengths and weaknesses with its external opportunities and threats to maintain a competitive advantage.…

    • 1881 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Strategic leadership is important to organizations for a variety of reasons. Organizations have discovered that strategic leadership is a pathway to success. It is noted in the business environment that more organizations succeed using strategic leadership and those organizations which do not use strategic leadership meet with failure and ruin. To define well is to understand well therefore to comprehend well the importance of strategic leadership in determining the organization’s strategic direction, there is need to define well the concept of strategic leadership. Rowe (2001) defines strategic leadership as the ability to influence others to voluntarily make day to day decisions that enhance the long term viability of the organization while at the same time maintaining…

    • 2630 Words
    • 11 Pages
    Best Essays