Reference book: Strategic management concepts and cases by Fred R. David Course Outline INTRODUCTION TO STRATEGIC MANAGEMENT 3 NATURE OF STRATEGIC MANAGEMENT 6 KEY TERMS IN STRATEGIC MANAGEMENT 8 BENEFITS OF STRATEGIC MANAGEMENT 13 COMPREHENSIVE STRATEGIC MODEL 16 Characteristics of Vision & Mission Statement 18 EXTERNAL ASSESSMENT 23 INDUSTRY ANALYSIS 26 INTERNAL FACTOR EVALUATION (IFE) MATRIX 30 FUNCTIONS OF MANAGEMENT: 37 TYPES OF STRATEGIES 44 INTEGRATION STRATEGIES: 47 HORIZONTAL INTEGRATION
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This include learning teller operations Cash management operations Making loans May become a branch manager or a specialist in one of many areas. Investments Often starting in brokerage houses in Sales‚ Security Analyst or Financial Planning Others work in banks‚ mutual funds‚ insurance companies‚ or financial consulting firms. The main functions are sales‚ security analysis‚ and management of investment portfolios Financial Management This is the largest area of the 3 with opportunities
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INTRO TO STRATEGIC MANGEMENT (LECTURE 1) YOUR THOUGHTS PLEASE • WHAT IS ‘STRATEGY’ AND WHAT DOES IT MEAN TO YOUR ORGANIZATION ? • SOME COMMON RESPONSES Strategy? Means several things to several people at different points of time. (‘Strategy is a series of goals and objectives that is used to run business’ (Strategy is an attempt to combine organizations activity and available resources to achieve stated objectives. (Strategy is the roadmap we use to get to where we want to go’ (Strategy
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North South University SCHOOL OF BUSINESS BBA Program Spring‚ 2013 MGT 489 STRATEGIC MANAGEMENT(Section-1) Course Outline Dr. Abdur Rab Classes meet : Sun.‚ Tues. : 02:40 – 04:10pm Professor Consultation : Sun.‚ Tues : 10:00 am-11:00 am School of Business
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(which dominated most of the 20th century changed since the mid-1980s to a flexible‚ market based form of public management. (not only a change in management style‚ but also in role of government in society and the relationship between government and citizenry). Traditional public administration has been discredited theoretically and practically -adoption of new forms of public management means the emergence of a new paradigm in the public sector. - New paradigm poses a direct challenge to the fundamental
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SCK4808/101/0/2013 Tutorial letter 101/0/2013 Social Work Management: the social worker as employee and manager SCK4808 Year Module Department of Social Work IMPORTANT INFORMATION: This tutorial letter contains important information about your module. CONTENTS Page 1 2 2.1 2.2 3 3.1 3.2 3.3 4 4.1 4.2 4.3 5 6 7 8 8.1 8.2 8.2.1 8.2.2 8.3 8.4 9 10 10 11 INTRODUCTION ....................................................................................................................
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Operations Management incorporates several suggestions offered by our colleagues and students all over the country. In this edition we have endeavored to strengthen the basic characteristics of the book. The subject matter has been presented systematically in ten chapters‚ which can enable the reader to master the topics covered without any additional guidance. In keeping with the basic objective of making the learning of the ‘Concept and Principles in Production and Operations Management’‚ the following
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employee productivity and loyalty; the way employees are managed can affect the organisation’s financial performance; and managerial ability has been shown to be important in creating organisational value. 1.5 – Describe the functions‚ roles and skills of managers Functions (Fayol‚ 1916): Planning – defining goals‚ establishing strategies and developing plans Organising – arranging and structuring work Leading – working with and through people Controlling – Monitoring‚ comparing and correcting
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Management Development Workbook 1/S1 - What is Management? At its simplest‚ management can be regarded as the skilful use of resources. H Fayol 1916 – To manage is to forecast and plan‚ to command‚ to co-ordinate and to control EFL Brech 1957 – Management is a social process which consists of planning‚ control‚ co-ordination and motivation Koontz & O’Donnell 1976 – Managing is an operation process initially best dissected by analysing the managerial functions. The essential managerial
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09/06/11 Human Resource Management Notes #1 A. Management vs. Leadership: Management Leadership Planning and Budgeting * What do we need? * How much time/money? | Establishing Direction: * What do you see? * What’s your vision? | Organizing/Staffing * Hiring the right people * Or delegating tasks | Aligning People: * Target followers * Share ideas/vision | Controlling and Problem-Solving * Keeping things working * Or addressing Issues | Motivating and Inspiring
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