STRATEGIC MANAGEMENT & BUSINESS POLICY 12TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER Strategic Management: a set of managerial decisions and actions that determines the long-run performance of a corporation. Includes: • • • • Internal and external environment scanning Strategy formulation Strategy implementation Evaluation and control Pearson Education © 2010 1-2 Phases of Strategic Management: • • • • Phase Phase Phase Phase 1: 2: 3: 4: Basic financial planning Forecast-based
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important drivers shaping a firm’s strategic options fall into two categories Firm’s competitive capabilities‚ market position‚ best opportunities 8-4 and competitive conditions Features of an Emerging Industry New and unproven market Proprietary technology Lack of consensus regarding which of several competing technologies will win out Low entry barriers Experience curve effects may permit cost reductions as volume builds Buyers are first-time users and marketing involves inducing initial purchase
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Management Strategic Suatu perusahaan yang didirikan tentunya memiliki misi yang ditujukan pada tujuan utama dari perusahaan tersebut dan memiliki visi yang menggambarkan serta mencerminkan menjadi apa dan seperti apa perusahaan di masa mendatang. Untuk mencapai tujuan perusahaan yang telah dirumuskan dalam misi menjadi suatu visi maka perusahaan tersebut harus membuat strategi yang akan digunakan dalam mencapai tujuan tersebut. Strategi inilah yang biasanya dituangkan dalam suatu tindakan
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ASICS - a strategic analysis Outline 1. Introduction 2. Market Environment Analysis 2.1. PESTEL Analysis 2.2. Porter’s Five Forces Analysis 3. Sports Equipment Company Strategic Analysis 3.1. Threshold and Unique Resources of ASICS 3.2. Threshold and Core Competencies of ASICS
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Introduction • Terms of reference: What is your report setting out to do (Strategic Fit Analysis of Starbucks – which business segment and country?) • A very brief introduction to Starbucks (e.g. outline of history‚ current market position and strategy) • A brief introduction to the country/market environment Starbucks has 3 operating segments: • The International segment (company-operated stores and licensed stores‚ and foodservice accounts primarily in Canada and the United Kingdom*) • The
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/EMBA STRATEGIC MANAGEMENT (MGT-5504) Credit Hour: 03 Contact Hour: 03/week Course Objective: Most Schools of Business/Management-all over the world have a capstone course in their curriculum that concerned with “Strategies and policies”. Many of them title this course as “Strategic Management”. The course is aimed to focus on top management and total organization rather than functional areas of a business organization. This course emphasizes basically on strategic management
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Typical Management Competencies Every position is unique. Hiring supervisors need to find the person who best meets the needs of the department for each job opening. Hiring people who will be supervising others can be an especially difficult task. They must have the technical expertise required for your group‚ as well as possess the interpersonal‚ organizational and communication skills needed to effectively lead others. Good managers often have many qualities in common. Below is a list of competencies
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37 38 41 42 46 47 48 1 Introducing Strategy 1.1 Introduction 1.2 What is strategy? 1.2.1 The characteristics of strategic decisions 1.2.2 Levels of strategy 1.2.3 The vocabulary of strategy 1.3 Strategic management 1.3.1 The strategic position 1.3.2 Strategic choices 1.3.3 Strategy in action 1.4 Strategy development processes Summary Recommended key readings References Case example: Electrolux 2 The Environment 2.1 2.2 Introduction The macro-environment 2.2.1 The PESTEL framework 2.2.2 Building
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BB309 – Strategic Management Tutorial Questions Chapter 1 – Strategic Management and Strategic Competitiveness TRUE or FALSE QUESTIONS 1. Strategic competitiveness is achieved when a firm successfully formulates and implements a value creating strategy. (True or False) 2. The goal of strategic management is to develop a competitive advantage that is permanent. (True or False) 3. Average returns are returns in excess of what an investor expects to earn from other investments with
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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
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