By Taposh Dutta Roy http://www.slideshare.net/taposhdr/strategy-frameworksandmodels Author’s Note:
Organization strategy is very important topic for aspiring managers, entrepreneurs, social entrepreneurs, analysts, consultants and business leader. This note is a collection of my leanings and readings from various sources. Special thanks. Prof. Gina Dokko of UC Davis’s GSM School of business, under whom I took the course and developed my understanding. These notes explore the underlying theory and frameworks that provide the foundations of a successful business strategy. These notes will help us develop your ability to think strategically by providing you the tools for conducting a strategic analysis.
Strategic analysis is critical for analyzing the competitive context in which an organization operates and for making reasoned and reasonable recommendations for how that organization should position itself and what actions it should take to maximize value creation.
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NOTES ON STRATEGY FRAMEWORK & MODEL
By Taposh Dutta Roy
Introduction
Strategy is the plan to win. Lately it has become a catch all term used to mean whatever one wants it to mean. However a well crafted strategy is one that the following characteristics
1. Presents an integrated plan to win
2. Clearly articulates the source of sustainable competitive advantage.
3. Guides action and decision making at all levels
Frameworks and models help structure the information. They provide a set of categories that describes
“what”, or a simplified view of realty that explains “why” or “how”. These frameworks and models are used for situation analysis and prediction. A few of these are – SWOT, Strategy diamond, Porter’s 5 forces,
Research Based Value (RBV), Value chain and Strategy/CSR.
SWOT Analysis
This stands for Strengths, Weakness, Opportunities and Threats. Strengths and weakness are internal to the