Preview

Strategic Management

Satisfactory Essays
Open Document
Open Document
648 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management
Resume Developing Optimized Strategy by Comprehensive Framework of Strategy; Case Study in a Construction Inspection Company
Untuk memenuhi tugas mata kuliah Manajemen Strategi yang dibina oleh Dr.Ir.Buana Ma’ruf, M.Sc.,MM

Disusun oleh:

AGUNG EKO SUCAHYONO
9112201304

PROGRAM MAGISTER MANAJEMEN TEKNOLOGI
BIDANG KEAHLIAN MANAJEMEN INDUSTRI
INSTITUT TEKNOLOGI SEPULUH NOVEMBER
SURABAYA
2013

Developing Optimized Strategy by Comprehensive Framework of Strategy; Case Study in a Construction Inspection Company

Beginning High-tech period, dynamic environment and complexity are major problems of organization. Markets got more competitive and learning faster and sooner than a competitor is a potential advantage, as a result, organization focus on knowledge and awareness. Because of above problems, some economical and financial issues, resource allocation and specialconcentration on goals and activities, organizations have a main role to build their strategy as soon as possible. The art and science of formulation, implementation, and evaluation of multifunctional decision that able organization to reach its long-term goal (David, 1999). Before these, we had to set our statement of mission, and detect internal and external factors. At the end of this step IFE and EFE matrix obtain. Setting IE matrix and SWOT table, some main strategies that confirm our mission are attainable. Make decision relate to selection of best strategy by using QSPM matrix and giving some intuitions about their applicability. Mission can be founded by this features (David, 1997): 1. Who are your customer? 2. Where is your market distribution geographically? 3. How you use new technology? 4. Some document or evidence that illustrates your commitment to profitability development and 5. Value, vision and belief of your organization, 6. Competitive advantages that highlight your firm or organization in market, 7. Organization social responsibility and loyalty toward

You May Also Find These Documents Helpful

  • Powerful Essays

    There are a gazillion companies out there, but some stand out. Whether it is because of their popularity, affiliations, history, profile or service, one factor simply makes or breaks a company; it’s strategy management process.…

    • 2178 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Bus 421 Final

    • 1235 Words
    • 5 Pages

    References: Thompson, A.A, Peteraf, A. A., Strickland, L. Gamble, E. J.( 2012). Crafting and Executing Strategy: The Quest for Competitive Advantage-Concepts and Cases 18th ed. New York: McGraw-Hill/Irwin.…

    • 1235 Words
    • 5 Pages
    Better Essays
  • Better Essays

    (Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases, 18th Edition. Irwin/McGraw-Hill, p. C226- C-24…

    • 1496 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Applied Concept Paper

    • 5805 Words
    • 24 Pages

    Chapter 6 – Strategy Formulation: Situation Analysis and Business StrategyChapter 7 – Strategy Formulation: Corporate StrategyChapter 8 – Strategy Formulation: Functional strategy and Strategic Choice…

    • 5805 Words
    • 24 Pages
    Good Essays
  • Better Essays

    Nucor Case Analysis

    • 1223 Words
    • 5 Pages

    References: Thompson, A.A., Strickland, A.J., Gamble, J.E. (2008) Crafting and Executing Strategy – The Quest for Competitive Advantage Concepts and Cases. McGraw-Hill / Irwin: New York.…

    • 1223 Words
    • 5 Pages
    Better Essays
  • Good Essays

    British airways

    • 3361 Words
    • 14 Pages

    Any business has challenges from different elements like globalisation, information and technology, socio and cultural factors, political factors and so on. To meet these challenges a clear strategy is very crucial for any organization. A strategy is a clear vision of what the organisation will be based on a sustainable competitive advantage. Actually, strategy is a road map for future directions and scope. It is a long range plan for five years and more. It develops mission, objective and goals for an organisation. To develop an effective strategy any organisation must set an account with different factors. Environmental analysis, present analysis, strength, weakness, opportunities and so on are the factor through which a strategy can be developed.…

    • 3361 Words
    • 14 Pages
    Good Essays
  • Good Essays

    Strategy formulation has been acknowledged as one of the most crucial factors of ensuring the long-term growth of the business. However, the manner in which strategy is formulated, and most importantly, the nature of the strategy chosen for the company determines its future position in the marketplace (Grant, 2005).…

    • 1281 Words
    • 6 Pages
    Good Essays
  • Best Essays

    In order to survive in the competitive environment and preserve the competitive force, corporate strategy is the strategy used by organisation to discriminate the act domain and the resource distribution. It could be the highest level of strategy in a company. In the organization’s strategic process, prescriptive strategy and emergent strategy are particularly used. (Johnson, G., Scholes, K., Whittington, R., 2005)…

    • 1999 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    Strategic Management

    • 402 Words
    • 2 Pages

    The "boiled frog" phenomenon is a business metaphor that basically describes that if a frog is put in a pot of hot or boiling water, it will naturally try to jump out. However, if the frog is placed in a pot of cold water and the heat is slowly turned up to a boiling point, the frog will not only stay in the pot but it will gradually become unconscious to where when the water gets hot enough, the frog will actually allow itself to be boiled to death (Thinking Made Easy, 2008).…

    • 402 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    strategic management

    • 346 Words
    • 2 Pages

    threat in the five forces model. Do you think the model should be expanded to…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Creating the strategy of an organisation is a part of business planning, on one hand, but it is the essence of the strategic planning on the other, where the difference…

    • 3603 Words
    • 15 Pages
    Best Essays
  • Good Essays

    The company’s strategy is a set of answers tо the questіоns "how". These questіоns are оwn fоr each cоmpany and depend оn іts sіtuatіоn and goals. Іn any kind оf business market cоndіtіоns allоw even the clоsest cоmpetіtоrs tо avоіd strategіes-twіns: sоme chооse the path оf cоst reductіоn, оther - dіfferentіatіоn оf gооds оr servіces, thіrd - servіce market nіches оr satіsfactіоn оf narrоwly specіfіc custоmer needs. Sоme cоmpanіes cоmpete lоcally and regіоnally, оthers glоbally. There are many method оf dоіng positioning and business, sо strategy have to be very comprehensive to display the specifics оf the cоmpany.…

    • 819 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Ghalieh Hanano

    • 1120 Words
    • 5 Pages

    Your task is to carry out a critical analysis and evaluation of strategy development in a well established international manufacturer of heavy construction equipment, using the information provided and other materials researched. You will be expected to select and apply appropriate theories, techniques and models studied during the module whilst having regard to the practical aspects of…

    • 1120 Words
    • 5 Pages
    Best Essays
  • Good Essays

    Pitts, R. A., & Lei, D. (2000). Strategic management: Building and sustaining competitive advantage. Ohio: South-Western College Publishing. Porter, M. E. (1979). How competitive forces shape strategy. In Montgomery, C. A., & Porter, M. E. (Eds.), Strategy: Seeking and securing competitive advantage (1991, pp.11-25). Boston: Harvard Business School Press. Porter, M. E. (1980). Competitive Strategy. New York: Free Press. Porter, M. E. (1985a). Competitive advantage. New York: Free Press. Price, A. D. F. (2003). The strategy process within large construction organizations. Engineering, Construction and Architectural Management, 10(4), 283-296. http://dx.doi.org/10.1108/09699980310489997 Richardson, G. P. (1991). Feedback Thought in Social Science and Systems Theory. Philadelphia: University of Pennsylvania Press. Stacey, R. (2000). Strategic Management and Organizational Dynamics. London: FT. Stake, R. E. (2005). The Art of Case Study Research. Thousand Oaks: SAGE Publications. Tellis, W. (1997). Introduction to case study. The Qualitative Report, 3(2). Thompson, A. A., & Strickland, A. J. (2003). Strategic Management: Concepts and Cases (12th ed.). New York: McGraw-Hill. Wilson, A. (2003). Marketing research: An integrated approach. Harlow: Pearson Education Limited. Yin, R. (1994). Case Study Research (2nd ed.). Thousand Oaks, CA: SAGE Publications. Yin, R. K. (2003). Case study research; design and methods. California: Sage Publications.…

    • 13788 Words
    • 56 Pages
    Good Essays
  • Powerful Essays

    Young Entrepreneurs' Society

    • 5761 Words
    • 24 Pages

    In order to analyze and present the data gathered our group utilized different frameworks in studying the industry and essential topics involving strategic management such as the Five Forces Model of Competition, the components of a company’s Macro-environment, SWOT analysis, Effective Elements and Shortcomings of a Vision statement to name a few. Our group also used frameworks on the generic strategy, Tangible and Intangible Resources, SMART (Specific, Measurable, Attainable, Realistic, Time-bound) for the…

    • 5761 Words
    • 24 Pages
    Powerful Essays