functional strategy and strategic choice

... Chapter 14 Entry Strategy and Strategic Alliances Introduction Firms expanding internationally must decide: which markets to enter when to enter them and on what scale which entry ... pre-empt rivals and capture demand by establishing a strong brand name the ability to build up sales volume in that country and ride down the experience curve ahead of rivals and gain a cost ... First mover advantages b) Strategic commitments c) Pioneering costs d) Market entry costs 14-10 Scale Of Entry And Strategic Commitments After choosing which market to enter and the timing of entry,...

Ngày tải lên: 03/11/2014, 18:39

... strategies and mission, and assess whether, and how their corporate and business strategies will probably impact issues such as human rights, employee rights, and environmental protection Bansal and ... view of Epstein (2008) and Bansal and Roth (2000), the local and global external context significantly affects the choices a corporation makes 25 regarding the formulation and implementation of ... electricity and 12% of portable water; and produce between 45 and 65% of the waste disposed in landfills (Yudelson and Fedrizzi, 2008) According to Yudelson and Fedrizzi (2008), the impact of buildings...

Ngày tải lên: 02/10/2015, 17:15

... between content and process approaches to studying strategy and management control systems Content studies seek to identify effective strategic practices and manage strategic change and they have ... strategy and its linking parts implies a never ending information flow between strategy and its linking parts Strategy and its linking parts enclose management accounting actors, whose role and ... abstractions and objectifications of accounting enable economic knowledge and understandings to be operationalised and thereby they can more readily permeate and shape organisational agendas, concerns and...

Ngày tải lên: 10/12/2016, 15:32

... Make strategic predictions Take strategic decisions I\ssess strategic capability Develop strategic vision Create and communicate market-led strategy : I C;"oILte s trategic knowledge Create strategic ... this book I'ART I STRATEGIC LEADERSHIP ction Strategic leadership Strategic leadership and conversational style ction Strategic leadership - brain-based communication ction Strategic leadership ... leadership and management action STRATEGIC THINKING - THE 9S©APPROACH 29 39 \1 P Gather strategic intelligence 41 It P Assess strategic capability Create strategic knowledge 47 63 \I( P Make strategic...

Ngày tải lên: 15/03/2014, 15:33

Ngày tải lên: 03/06/2014, 02:12

... this fertile mix of practice and theory has grown the Strategic Learning process, and the book you hold in your hands Reinventing Strategy is full of case studies and examples taken from the real ... uncertainty, and a demand for insight, speed, and innovation This has created a near-revolution in the way successful companies are run, and it presents managers with both opportunity and peril ... strategies than superior insight And to achieve such insight and use it to create and implement breakthrough strategies again and again, a company must have a practical and proven process 4 A JOURNEY...

Ngày tải lên: 14/08/2014, 05:20

... are using the Internet to compare prices and handle transactions, which squeezes margins and emboldens customers to squeeze Med-Surg for better prices and value-added services But an even more ... processes and products (continuous, incremental change) and invent totally new, better processes and products (discontinuous, breakthrough change) The latter is a particularly important, and difficult, ... Basel Watch Fair in 1967 These prototypes set a new standard for lightness and timekeeping accuracy, and were considered a significant breakthrough And yet, even though a number of Swiss watchmakers...

Ngày tải lên: 14/08/2014, 05:20

... into changing environment and learn from own actions Focus Execute Make strategic choices Implement the strategy and experiment with new ideas Strategy Implementation Strategy Creation Align Align ... percent planning and only 10 percent strategy If companies are to mobilize the creativity to achieve strategic breakthroughs, it is vital that they separate strategy from planning and put strategy first ... Step Two: Strategic Choices and Vision (Focus) As we’ve seen, strategy is about making choices The situation analysis (step one) is designed to ensure that you make the most intelligent choices...

Ngày tải lên: 14/08/2014, 05:20

... bagel and the coffee shop The key for an incumbent company is an early and insightful understanding of the trends and the newly emerging competitors and an incisive assessment of your strategic ... and toothpaste and sent them to visit pharmacies all over Russia We ran training seminars and showed the free-market pharmacists how to improve their businesses And we built a new warehouse and ... pack her bags and fly to Moscow, where she would explain her customer service strategy and help Mansfield’s team refine it for local conditions The fun and suspense in trying out a new strategy is...

Ngày tải lên: 14/08/2014, 05:20

... and the internal strengths and weaknesses you bring to the competitive arena You’re now ready to embark on the second stage of the Strategic Learning process: defining your strategic choices and ... will be for competitors to emulate your strategy Making the Strategic Choices Now let’s consider the process of making choices and defining the winning strategy for your company The insights gained ... controls Because this list of strategic choices is so clear and focused, everyone at Southwest knows exactly what the company’s strategy is and what the airline will and will not For example, Southwest...

Ngày tải lên: 14/08/2014, 05:20

... Figure 7.2: measures and rewards, structure and Measures and Rewards Measurement and Reward Systems People Competencies and Motivation Strategy Culture Widely Shared Beliefs and Behaviors Figure ... system stands at present Recap the new winning proposition and strategic priorities Here, you can simply refer back to the strategic choices you developed in the previous step of the Strategic ... Organization) Measures and Focused mainly on operational Focused mainly on customer Rewards excellence and safety generation and retention and the creation of new products Structure and Process More...

Ngày tải lên: 14/08/2014, 05:20

... shifts and the company must shift its strategy in response? The answer is this: To reestablish alignment between the culture and the strategy, the culture must be altered to fit the new strategy And ... winning proposition and strategic priorities Then define the values and behaviors needed to support your new strategy How AGL Realigned Its Values and Behaviors behind a New Strategy The Atlanta ... itself, meetings and workshops were held around the world, describing the company’s strategy and getting input and agreement to the values and behaviors necessary to make that strategy succeed...

Ngày tải lên: 14/08/2014, 05:20

... as profit and loss, return on assets, and cash flow In addition, I explained the importance of building a strong brand We talked about brand strategy, marketing and advertising, pricing and Team-Fly® ... the current state and represents a call to action Martin Luther King Jr., Mohandas K Gandhi, and Winston Churchill were all great leaders who articulated the what and the why, and so brought about ... and will un- Pitfalls of Change Leadership 189 derstand the logic of your well-thought-out strategy And so it can be a rude surprise when you discover that your coworkers are resisting your strategic...

Ngày tải lên: 14/08/2014, 05:20

... always the result of great strategy and great leadership working hand in hand The importance of leadership comes home to me repeatedly as I coach executives through the Strategic Learning process ... hard choices, create a clear focus, align their organizations, inspire their people, and lead change and then to repeat this cycle over and over, so that their organizations go on winning Strategic ... of both strategy creation and leadership development The only difference is that strategy creation involves an outside-in learning process, starting with an understanding of customers and the...

Ngày tải lên: 14/08/2014, 05:20

... insight and, 107, 109 key priorities, 112, 118 in learning process, 62–63, 67 meaning of, 110–111 personal growth and, 235–236 personal renewal and, 228 simplicity and, 118–119 strategic choices and, ... regularly and in a strategic context rather than sporadically and randomly, so tomorrow’s most consistently effective companies will need to make systematic strategic innovation a high priority The Strategic ... operating plans and budgets rather than insights and strategic breakthroughs We need to reinvent the way we think about strategy To be valuable in today’s turbulent environment, the goal of strategy...

Ngày tải lên: 14/08/2014, 05:20

... this fertile mix of practice and theory has grown the Strategic Learning process, and the book you hold in your hands Reinventing Strategy is full of case studies and examples taken from the real ... uncertainty, and a demand for insight, speed, and innovation This has created a near-revolution in the way successful companies are run, and it presents managers with both opportunity and peril ... strategies than superior insight And to achieve such insight and use it to create and implement breakthrough strategies again and again, a company must have a practical and proven process 4 A JOURNEY...

Ngày tải lên: 14/08/2014, 09:21

... The Dead End of Strategic Planning Formal Strategic Planning 45 10% Realized Strategy Total Realized Strategy Unrealized Strategy Emergent Strategy 90% Figure 3.1 Traditional Strategic Development ... processes and products (continuous, incremental change) and invent totally new, better processes and products (discontinuous, breakthrough change) The latter is a particularly important, and difficult, ... Basel Watch Fair in 1967 These prototypes set a new standard for lightness and timekeeping accuracy, and were considered a significant breakthrough And yet, even though a number of Swiss watchmakers...

Ngày tải lên: 14/08/2014, 09:21

... into changing environment and learn from own actions Focus Execute Make strategic choices Implement the strategy and experiment with new ideas Strategy Implementation Strategy Creation Align Align ... Step Two: Strategic Choices and Vision (Focus) As we’ve seen, strategy is about making choices The situation analysis (step one) is designed to ensure that you make the most intelligent choices ... travel routes and flight patterns Similarly, ants, bees, and other social insects create complex and highly adaptive societies through a combination of instinct, trial and error, and natural selection...

Ngày tải lên: 14/08/2014, 09:21

... bagel and the coffee shop The key for an incumbent company is an early and insightful understanding of the trends and the newly emerging competitors and an incisive assessment of your strategic ... decision to bite the bullet and sell off 37 brands This streamlined our portfolio and had an immediate impact on the profits and market share of our remaining premium brands By 1992, Seagram’s spirits ... on those insights (Where a clear and compelling vision already exists, a thorough situation analysis will validate and reinforce it.) A company’s vision and its strategy are intertwined A vision...

Ngày tải lên: 14/08/2014, 09:21

... Figure 7.2: measures and rewards, structure and Measures and Rewards Measurement and Reward Systems People Competencies and Motivation Strategy Culture Widely Shared Beliefs and Behaviors Figure ... will be for competitors to emulate your strategy Making the Strategic Choices Now let’s consider the process of making choices and defining the winning strategy for your company The insights gained ... controls Because this list of strategic choices is so clear and focused, everyone at Southwest knows exactly what the company’s strategy is and what the airline will and will not For example, Southwest...

Ngày tải lên: 14/08/2014, 09:21