1. Assume that you are running your own business. After your MBA class you realized that you do not have a business continuity plan. Explain as to how you are going to delegate the work of preparation of business continuity plan for your business to your subordinate. Explain the main area you ask him to consider. We need a business continuity plan to keep the company up and running through interruptions of any kind; it may be power failures‚ IT system crashes‚ natural disasters‚ supply chain problems
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Faculty of Management Multimedia University COURSE OUTLINE TRIMESTER 2‚ ACADEMIC YEAR 2012/2013 STRATEGIC MANAGEMENT BSM3104 INSTRUCTIONSTO THE STUDENTS 1. Please read this Course Outline thoroughly. 2. The instructions and deadline of assignments are stated in detail in this outline and must be strictly observed. Late assignments will NOT be accepted under any circumstances. 3. The Teaching Plan is also included in this Course Outline
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Strategic Performance Management: Table of Contents Introduction: 2 Learning Outcome1: 2 1.1:-Links Between Strategic Performance and Team Performance: 2 1.2 Tools and Techniques to set Performance Targets: 3 1.3 Team performance tools to measure future team performance: 4 Performance Evaluation Software 5 Feedback 5 Coaching 5 Learning Outcome2: 6 2.1 Determine required performance targets within teams against current performance: 6 The KPT(Key Performance
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its board of directors or a senior management policy committee. Imbedded in corporate policy are the company’s mission statement‚ objectives and the principles by which strategic decisions are to be made. It also forms the basis for measuring performance and ensuring accountability at all levels of the company. Significance of corporate policy:- Policies and Procedures are the strategic link between the Company’s Vision and its day-to-day operations. But why is that so important? It’s because well
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Strategic Management Processes Strategic management plays a significant role in successful organized business. Awareness of the company environment including competition and processes enables managers to make better decisions for more efficient operation. Through strategic management processes maximum efficiency and profitability are more easily attained. Components of Strategic Management Strategic management involves environmental scanning. Externally one must know the organization’s
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Assignment On Strategic Decision Name ID Semester Group Module Lecturer Due Date Md. Kamal Hossain B0687MHMH0411 MBA2 International Business (B) Strategic Management Mervin Sookun 22nd February 2012 WORD LIMIT: APPROXIMATELY 4000 Table of content: Page Number 1.0. Introduction…………………………………………………………………………………………………………….4 1.01. Why strategic management?............................................................................4 1.02. What is strategic management?......
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STRATEGIC MANAGEMENT ACCOUNTING This report will attempt to explain what Strategic Management Accounting (SMA) is‚ how it developed‚ why Traditional Management Accounting (TMA) is not sufficient to provide information for strategic decisions and the difference between SMA and TMA. It will further outline some of the essential analytical tools or techniques in SMA such as Activity Based Costing (ABC) and the Balanced Scorecard (BSC). SMA is an extremely broad concept‚ so in order to give a bird’s
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offering OEM to overseas customers‚ and thereby maximized benefits of scale production – allowing them to further reduce production costs. They offered transfer of production lines both to their customers and suppliers against being trained in these areas‚ thus additionally developing their skills and capabilities within the production technology itself. The second part of the tactics used to underpin their competitive strategy was the use of price wars in their domestic market. As they scaled up
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1. Panera Bread uses a differentiation strategy. Of the generic competitive strategies discussed in the text‚ focused differentiation most closely fits the competitive approach that Panera Bread is taking. Panera Bread is trying to achieve a competitive advantage in product environment and great service. 2. What does a SWOT analysis of Panera Bread reveal about the overall attractiveness of its situation? Does the company have any core competencies or distinctive competencies? Strengths *
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Introduction to Strategic Management Prof. Li Choy Chong Chair of International Management (South East Asia) and Director‚ Asia Research Centre‚ University of St. Gallen‚ Senior Advisor‚ Office of the Economy‚ Canton of St. Gallen‚ Switzerland Executive Director‚ ASEAN Learning Network September 2012 Introduction to Strategic Management - Understanding the Concept - A Definition - Common elements in successful strategy - The Basic Framework: Link between Firm and its environment
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