competitive forces that shape strategy |June 26 | |Disruption and differentiation strategy |2009 | |Naik Henokh Parmenas – MM Executive – BINA NUSANTARA UNIVERSITY |MANAGING COMPETITION | The five competitive forces that shape strategy 1. If you apply
Premium
key competitors. Broader lines and attractive products consumer. Better service to customers. Loyalty or addition of new clients TYPES OF STRATEGIES Segmentation and Positioning Basic Competitive Strategies Porter Growth Strategies Strategies against the competition Launching new products PORTER COMPETITIVE BASIC STRATEGIES Competitive advantage of the product = only perceived by buyers. LEADERSHIP IN COSTS: When consumers value low cost as a factor very important
Premium Marketing Cost Economics
number of tasks an individual can do b. increase job efficiency c. increase job effectiveness d. increase job satisfaction of middle management Q3. Strategic planning as a broad concept consists of a. corporate strategy and business strategy b. strategy formulation and strategy implementation c. inputs and outputs d. environmental analysis and internal analysis Q4. According to Herzberg‚ which of the following is a maintenance factor? a. Salary b. Work itself c. Responsibility d. Recognition
Premium Management Organization
1. Cover sheet 2. Executive summary 3. Table of Contents 4. Introduction 5. Strategic analysis 6. Strategic directions 7. Key strategies 8. Strategic implementation 9. Key strategic implementation issues 10. Evaluation of strategy 11. Conclusion 12. References 13. Appendix 1. Introduction The automotive industry is one of the most competitive industries in the market. Companies that get into the automotive industry are faced with
Premium Automotive industry BMW
CHAPTER 12 Implementing Strategy in Companies That Compete in a Single Industry Synopsis of Chapter Chapter 12 examines how managers can best implement their strategies in single-industry firms in order to achieve a competitive advantage and superior performance. First‚ the main elements of strategy implementation—structure‚ control systems‚ and culture—are analyzed in detail‚ focusing on the way they work together to create an organizing framework. Then the chapter turns to the topic of
Premium Organizational structure Strategic management Management
The case study‚ “Beijing EAPS Consulting‚ Inc.” in the Custom Book‚ (2011)‚ examines the project management structure of the Beijing EAPS Consulting (BEC) company. This case study also addresses about project plan itself and how the co-workers are struggling with this communication between both mangers. This project plan has demonstrated many strengths and weakness. The one thing that the project plan needs put into action is safeguards to insure that the project is completed on time. BEC has taken
Premium Project management Management
Strategy is creating fit among organization’s activities. As a whole‚ organization finds its competitive value by positioning and integrating Fit into all its activities. Operation effectiveness and strategy works differently but co-relate with one another to work towards the same company goal – profitability. Yet many organizations are caught up in improving their operational effectiveness or seeking fast and easy growth; that they have forgotten the "value" that they can offer to their
Premium Marketing Effectiveness Effect
MINERALS COUNCIL OF AUSTRALIA SUBMISSION TO COMPETITION POLICY REVIEW JUNE 2014 Contents EXECUTIVE SUMMARY............................................................................................ 1 1. INTRODUCTION ................................................................................................. 4 2. COMPETITION POLICY AND INTERNATIONAL COMPETITIVENESS: A CRITICAL LENS............................................................................................... 8 3
Premium Economic growth Competitiveness Economics
Position Question 1. How Well is the Company’s Present Strategy Working? In evaluating how well a company’s present strategy is working‚ a manager has to start with what the strategy is; A low-cost leader strategy‚ A broad differentiation strategy‚ A best-cost provider strategy‚ A focused‚ or market-niche‚ strategy based on lower cost‚ A focused‚ or market-niche‚ strategy based on differentiation. While there’s merit in evaluating the strategy from a qualitative standpoint (its completeness‚ internal
Premium Strategic management Management Supply chain
business-level strategies of any three well-known companies operating in the GCC region. An organization’s core competencies should be focused on satisfying customer needs or preferences in order to achieve above average returns. This is done through Business-level strategies. Business level strategies detail actions taken to provide value to customers and gain a competitive advantage by exploiting core competencies in specific‚ individual product or service markets. Business-level strategy is concerned
Premium Management Strategic management Strategic planning