Lecturers: Week STRATEGIC MANAGEMENT IN PUBLIC SECTOR ADS553 4 2 Hrs 2 Hr PM Dr Jasmine Ahmad‚ Dr Hardev Kaur‚ Pn Tuan Noraini Tuan Ismail Topics Hours 1 Introduction to Strategic Management in Public Sector Course requirements (Mid-Term Exam‚ Final Examination‚ On-going assessment) 2 2 Strategic Management in Public Sector The need for strategic management in public sector New public management agenda Understanding strategic management in public sector
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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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OPTIMAL Companies in 2009 bringing all 3 of these entities under their control. PCHEM have continued to grow their business and expand their operations through the construction of new plants as well as capacity increases in existing plants. In recent years‚ production capacities at the Gurun and Bintulu production facilities have been expanded‚ and in 2009‚ their Mega Methanol plant in Labuan commenced operations‚
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Explain why strategic analysis is necessary in the process of developing an appropriate strategy. Identify tools that are available to examine the external environment and discuss how and why they are used. Introduction Strategy is a high level plan in which to achieve one or more goals under conditions of uncertainty. It is very important because resources available to achieve these goals are usually limited. Strategy is often the difference between mediocrity
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Strategic Management Process Introduction In a competitive business environment and volatile economic conditions‚ it is a prerequisite that organizations execute due diligence in preparing for the future. Businesses are not only challenged with attracting new consumers but also faced with retaining existing clients. The requirement to know principal drivers in specific marketplaces to develop and position products and services to remain a viable customer focused establishment is crucial in maintaining
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Strengths-Weakness-Opportunities-Threats (SWOT) Matrix‚ Strategic Position and Action Evaluation (SPACE) Matrix‚ Boston Consulting Group (BCG) Matrix‚ Internal External (IE) Matrix‚ Grand Strategy Matrix and Quantitative Strategic Planning Matrix (QSPM as Appropriate. Gives Advantages and Disadvantages of Alternative Strategies 11 8.1 SWOT Matrix 11 8.2 SPACE Matrix 14 8.3 BCG Matrix 15 8.4 IE Matrix 16 8.5: The Grand Strategy Matrix (GSM) 18 8.6 The Quantitative Strategic Planning Matrix (QSPM) 20 8.7 Advantage
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1.0 Introduction Strategic management mentions towards the art of design of industry business at the top potential level. It stays as the responsibility of business’s leader or leaders. Strategic management emphases on structure a compact fundamental organization to the business that will consequently be fleshed out over the mutual determinations of each individual employed that leads to successful planned association has formulating plan using for the company to be achieve for what it sets
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STRATEGIC MANAGEMENT IRFAN HABSJAH‚ MBA‚ CPMA VISION AND MISSION TOYOTA MOTORS CORPORATION Alexander Octaviandri | 008201100007 Daisy Wijaya Kusuma | 008201100025 Ervy Alvionita | 008201100059 Kenny Samuel Jojada | 0082011000 Ricky Dhammaputho | 008201100048 Shao Xian | 008201100119 Accounting 3 – 2011 * What is vision ? An aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future. It is intended to serve as a clear guide for choosing current and
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to examine the four problems that Starbucks is facing and then find out a way to solve these problems. By analyse these issues‚ the business’ strategies and the processes of the company will be evaluated. Starbucks’ way of operatiing and how its operation produces the desired outcome will be analysed‚ in order to find out the company’s major problems and looking for ways to solve these problems. Finally‚ based on the analysis‚ recommendations about the strategic change will be given to enhance the
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BUSM 3200 Strategic Management Assignment Task 1: Strategic Analysis and Strategy Evaluation Table of Contents i. Executive Summary 3 ii. Introduction of Sports Planet 4 iii. PESTAL Analysis 5 iv. Porter’s 5-Forces Model 9 v. VRIN Analysis 12 vi. Business Strategy for Sports Planet and Value Chain 14 vii. Suitability of Current Business Strategy 16 viii. Conclusion 20 Executive Summary This report
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