OUTLINE OF INFORMATIVE SPEECH Topic : “Strategic Alliances” General Purpose : To inform Specific Purpose : To inform my audience about several types and goals of Strategic alliances that using by Companies. Central Idea : Several types and goals of strategic alliances could be good consideration to company to developing their business. INTRODUCTION : I. Do you know what is Strategic Alliances? A. Strategic alliance is a cooperative strategy in which firms combine some of their
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STRATEGIC PLAN Why Strategic Planning is Important Strategic Planning – Why should an Organization consider it? After all a Strategic Plan can be formal Eg.‚ In a small Organization the owner / CEO develops a Plan in his mind and communicates it to all the employees in a clear manner‚ where the employees know the Goals and Approach to achieve them which could be considered an Informal Plan could be successful at times. Nevertheless as an Organization grows a need for a systematic Strategic Plan
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Strategic decision making into 3 modes: Entrepreneurial mode – where formulation of strategy is done by a single person. Focus is on opportunities and growth. Advantage is the speed with which strategy can be formulated and implemented. Disadvantage is that does not consider problems that may arise in the processes. Strategy is characterized by bold decisions. For example WIPRO Infotech ‚ Apple computers Adaptive mode – it is characterized by reactive solutions than proactive search for new opportunities
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among future alternatives. The principle sub activities of strategy formulation as a logical activity include identifying opportunities and threats in the company’s environment and attaching some estimate of risk to the discernible alternatives. The strategic alternative that results form matching opportunity and corporate capability at an acceptable level of risk is what we may call economic strategy. This process assumes that strategists are analytically objective in estimating the relative capacity
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Abstract Strategic staffing is a very important aspect of an organization as it will influence the success of the business. When developing strategies for implementing staffing‚ a lot of things have to be taken into consideration such as globalization. Managers have to ensure that staffing strategies are linked to the overall business strategy so that the right persons are hired for the job in question. Managers have to also ensure that the persons carrying out the task of hiring the individual
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PEP STORES: AN EVALUATION OF THE STRATEGIC DEVELOPMENT OF THE ORGANISATION INTRODUCTION AND OVERVIEW Like most organisations‚ Pep stores was concerned with the long-term sustainability of the organisation‚ profits/financial performance‚ market performance and the satisfying its stakeholders‚ including the shareholders. With these factors often contradicting each other it is clear Pep stores struggled through the 1990’s balance these competing forces in other to achieve their organisational objectives
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2012 PP. 71-84 Strategic Thinking; a Practical View Ehsan sharifi * M.A. student in EMBA‚ Qom College‚ University of Tehran‚ Iran (Received: 9 October 2011; Accepted: 28 March 2012) Abstract The purpose of this paper is to clarify some of salient issues surrounding the concept of strategic thinking. After a historical overview of the evolution of strategic thinking‚ debate about types of thinking and different of definitions‚ I review research across the field of strategic management to find
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The implementation phase of strategic management is often referred to as the “action stage”. “Strategy implementation includes developing a strategy-supportive culture‚ creating an effective organizational structure‚ redirecting marketing efforts‚ preparing budgets‚ developing and utilizing information systems‚ and linking employee compensation to organization performance”. (David‚ 2011)‚ (p. 6). Implementation is a very important part of strategic management because it is the most difficult
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P A R T 1 Strategic Analysis PA R T O U T L I N E 1 2 3 4 Strategic Management: Creating Competitive Advantages Analyzing the External Environment of the Firm Assessing the Internal Environment of the Firm Recognizing a Firm’s Intellectual Assets: Moving beyond a Firm’s Tangible Resources 1 Chapter 1 Analyzing Goals and Objectives Chapter 2 Analyzing the External Environment Chapter 4 Assessing Intellectual Capital Strategy Analysis Chapter 3 Analyzing the Internal Environment
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Unsuccessful Equity Strategic Alliance Strategic alliance can be an advantage for companies. However‚ strategic alliance is hard to be managed as it caused a high number of failures. There are many factors causing the failure of strategic alliance. Different in perception‚ different in culture‚ trust issues and many other that cause alliances to fail (Robynhenderson101’s Blog 2011). There are many companies that have failed in strategic alliance‚ one of them are Suzuki Motor Corporation and Volkswagen
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