2/22/2013 The Value Chain Strategic Management • Value Chain – Value chain is a convenient way of looking at the firm’s activities Introducing Strategy Management – The functional activities within the firm that create value in the goods and services produced (Basic Concepts of Strategic Management) Lecture 3 21.2.2013 – Value chain: all the activities that a firm uses to design‚ produce‚ market‚ deliver‚ and support its product Dr. Kayhan Tajeddini Associate Professor
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* Industry competitors and rivalry Price‚ quality of goods‚ customer service all that can be used by companies to push out a rival company. 5. Explain how industries attractiveness can be determined using a five forces analysis. Applying the Porter’s analysis identifies the major forces in the organisation‚ which gives stability to industries this will lead to attractiveness and yet “industry environment conditions that the organisation’s strategy should focus on”. Eg. The industry that
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35 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
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RUNNING HEAD: STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 1 Strategic Management and Strategic Competitiveness XXXXXXXX Strayer University BUS 499 Business Administration Capstone XXXXXXXX April 18‚ 2013 STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS 2 With offices in more than 30 countries‚ Red Hat‚ founded in 1993‚ is the world’s leading provider of open source solutions‚ using a community-powered approach
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Ques 1:- “Strategy” and “Strategic Planning” is something that is done once a year which results in a report. Others think it is market position‚ operational effectiveness or an idea or business model. Strategy is choosing to perform different activities that can be preserved and that will provide a sustainable competitive advantage. It is a mental exercise. It is a way of thinking about the world and approaching business. Strategic planning is a process to produce innovative and creative ideas
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Chapter 1: A Mandate for Strategic Management Liberty industries‚ a firm founded in 1964‚ specialized in wooden package products‚ such as pallets‚ and was only a tiny three-person organization for nearly a decade. By 1987‚ however‚ the firm’s sales grew by a factor of 20 approaches $20 million a year". The planning system that had always been effective was no longer adequate to meet the challenges facing the organization. t With the help of consultant‚ the firm developed a nine-step
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Information Systems (IS) a. Objective : Carlsberg wants to be the fastest growing global company in the brewing industry. Strategies : Investment in ICT (Information and communication on technology)‚ in order to create more effective market strategies. Policies : Raise productivity and efficiency to cope with the demand for the products. To boost the sales and popularity of beer brands as one of the best beers for its premium image‚ taste‚ quality‚ and reputation throughout
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Competitive Analysis Strategic Group Mapping According to the annual report of Sa Sa International Holdings Limited‚ the company is currently experienced lower sales because of the competition market (Sa Sa International Holdings Limited‚ 2012). Therefore‚ the strategic group mapping is used to identify the different competitive position between Sa Sa International Holdings Limited and its competitors. However‚ we have identified the competitors that Sa Sa International Holdings Limited currently
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Strategic Plan Organization Mission GM Holden is seeking to passionately innovate home appliances products‚ which will satisfy our customers for a reasonable price. Organization Vision GM Holden vision is to be one of the world leaders in motor and appliances while still ensuring that our customers lifestyle are enhanced by our products. Organizational values The organization values the following; Integrity‚ where the
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Religion Jeans Case study 1. External and Internal Analysis 3 1.1 The fashion industry 3 1.2 Premium jeans industry 3 1.3 True Religion brand jeans. 3 2. Strategy formulation 4 2.1 Analysing opportunities 4 2.2 Competitive advantage 4 2.3 Strategic challenges 5 3. Strategy Recommendations 5 3.1 Generic strategy 5 3.2 Portfolio management 5 3.3 Geographic scope 6 3.4 Attracting new talent 6 3.5 Market positioning 6 4. Organizational implementation 6 5. Questions based on the case material 7 References
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