overview of strategic building and strategic management

... Appendix 11.C Strategic Audit of a Corporation CONTENTS Preface xiii Part I Introduction to Strategic Management Chapter Basic Concepts of Strategic Management 1.1 The Study of Strategic Management ... research detail and illustrative examples, please see our other textbook, Strategic Management and Business Policy WHAT’S NEW IN THIS EDITION The fifth edition of Essentials of Strategic Management ... Chapter • Suggested EFAS and IFAS Tables and a SFAS Matrix in Chapters 3, 4, and enable the reader to better identify and evaluate strategic factors • Top management and the board of directors are examined...

Ngày tải lên: 21/06/2014, 07:20

... specific actions should management undertake? What risks and payoffs are involved? 1.1 THE STUDY OF STRATEGIC MANAGEMENT Strategic management is that set of managerial decisions and actions that determines ... implement a new strategic direction for an organization How has Strategic Management Evolved? Many of the concepts and techniques dealing with strategic planning and strategic management have ... implementation and evaluation and control when formulating a strategy.2 General Electric, one of the pioneers of strategic planning, led the transition from strategic planning to strategic management...

Ngày tải lên: 21/06/2014, 07:20

... Corporate Philanthropy and Shareholder Wealth: A Risk Management Perspective,” Academy of Management Review (October 2005), pp 777–799 12 W E Stead and J G Stead, Sustainable Strategic Management (Armonk, ... success of each of the following six forces: threat of new entrants, rivalry among existing firms, threat of substitute products, bargaining power of buyers, bargaining power of suppliers, and relative ... substitute for coffee If the price of coffee goes up high enough, coffee drinkers will slowly begin switching to tea The price of tea thus puts a price ceiling on the price of coffee Sometimes...

Ngày tải lên: 21/06/2014, 07:20

... Week, the value of the Coca-Cola brand is worth $65.3 billion.7 A corporate brand is a type of brand in which the company’s name serves as the brand The value of a corporate brand, like Walt Disney, ... assets and are thus its basic building blocks They include tangible assets, such as plant, equipment, finances, and location; human assets, in terms of the number of employees and their skills; and ... Capital budgeting is the analyzing and ranking of possible investments in fixed assets such as land, buildings, and equipment in terms of the additional outlays and additional receipts that will...

Ngày tải lên: 21/06/2014, 07:20

... Disadvantages of joint ventures include loss of control, lower profits, probability of conflicts with partners, and the likely transfer of technological advantage to the partner Joint ventures are often ... two of the 25 companies studied established centers of competence for alliance management The centers were often part of a department for corporate development or a department of alliance management ... 1980s and 1990s as North American and European firms moved first into each other’s markets and then into Asia and South America They were soon followed by Asian firms expanding into Europe and...

Ngày tải lên: 21/06/2014, 07:20

... terms of staffing and leading 9.1 STAFFING Staffing focuses on the selection and utilization of employees The implementation of new strategies and policies often calls for new human resource management ... implementation process The job of the integrator is to prepare a competitive profile of the combined company in terms of its strengths and weaknesses, draft an ideal profile of what the combined company ... Firm Source: A Nahavandi and A R Malekzadeh, “ Acculturation in Mergers and Acquisitions,“ Academy of Management Review (January 1988), p 83 Copyright ©1988 by the Academy of Management Reprinted...

Ngày tải lên: 21/06/2014, 07:20

... market share and sales per employee (marketing), unit costs and percentage of defects (operations), percentage of sales from new products and number of patents (R&D), and turnover and job satisfaction ... complicated and demands a high level of standardization throughout a corporation The major providers of this software are SAP, Oracle, J D Edwards, Baan, and SSA At the divisional or SBU level of a ... top management than to business unit managers Table 10.1 Weighted-Factor Approach to Strategic Incentive Management Table 10.2 Strategic- Funds Approach to an SBU’s Profit and Loss Statement • Strategic- funds...

Ngày tải lên: 21/06/2014, 07:20

... approach to strategic management? What is its level of involvement in strategic management? How well does top management interact with lower level managers and with the board of directors? Are strategic ... present and future performance? B Review of Mission and Objectives Are the current mission and objectives appropriate in light of the key strategic factors and problems? Should the mission and objectives ... automation, use of mass communication devices (e.g., diagnostic machinery and video machines), facility capacities and utilization rates, efficiency ratings of professional and service personnel, and availability...

Ngày tải lên: 21/06/2014, 07:20

... decisions, 11 Strategic factors external, 36 internal, 53 Strategic flexibility, Strategic- funds method, 159 Strategic group(s), 42 mapping, 42–43 Strategic incentive management, 157 Strategic inflection ... inflection point, Strategic information systems, 156 Strategic management, model, process, Strategic myopia, 36 Strategic planning concurrent, 24 process, 24 Strategic planning staff, 24 Strategic questions, ... theory, 20 Strategic alliance, 85, 101, 131 Strategic audit, 168, 176–184 Strategic business units, 58, 124 Strategic choice, 111, 116 Strategic decision-making modes, 12 process, 13 Strategic...

Ngày tải lên: 21/06/2014, 07:20

... minimum Chapters 1, 2, and to understand the basic concepts of ERP and the scope of the project It should prove helpful to read Chapter on Sales & Operations Planning and Chapter 13 on an implementation ... high levels of customer service and productivity, and simultaneously lower costs and inventories; and providing the foundation for effective e-commerce Here are some descriptions of ERP, not ... outgrowth of early efforts in bill of material processing MRP’s inventors were looking for a better method of ordering material and components, and they found it in this technique The logic of material...

Ngày tải lên: 21/06/2014, 07:20

... demand and supply at the volume level Issues of mix—specific products, customers, orders, equipment—are handled in the area of demand management, planning, and scheduling Involved in this step of ... software Enterprise software tends to be highly complex, and complexity can make it very difficult to install As the implementation project took longer and longer, and cost more and more, top management ... production It also means valid schedules of shipments to customers, of personnel and equipment requirements, of required product development resources, and of cash flow and profit Enterprise Resource Planning...

Ngày tải lên: 21/06/2014, 07:20

... bills of material, and routings; customer order entry and delivery promising; and so on Software modules are pieces of computer software that support people in the effective execution of business ... Understanding these and other questions will tell you what areas are of most importance to you in choosing a software provider Each of these questions impacts a different software module and each software ... Invite them to an extensive tour of your Software 65 operations and provide a candid appraisal of your business needs If the software provider seems to have software organized most like your...

Ngày tải lên: 21/06/2014, 07:20

... Corporate Philanthropy and Shareholder Wealth: A Risk Management Perspective,” Academy of Management Review (October 2005), pp 777–799 12 W E Stead and J G Stead, Sustainable Strategic Management (Armonk, ... success of each of the following six forces: threat of new entrants, rivalry among existing firms, threat of substitute products, bargaining power of buyers, bargaining power of suppliers, and relative ... substitute for coffee If the price of coffee goes up high enough, coffee drinkers will slowly begin switching to tea The price of tea thus puts a price ceiling on the price of coffee Sometimes...

Ngày tải lên: 21/06/2014, 13:20

... payments.3 The management of dividends to stockholders is an important part of a corporation’s financial strategy Corporations in fast-growing industries, such as computers and computer software, often ... it is the opposite of vertical integration Outsourcing is becoming an increasingly important part of strategic decision making and an important way to increase efficiency and often quality One ... costs and a 15 percent increase in capacity and quality According to an American Management Association survey of member companies, 94 percent of the firms outsource at least one activity.8 Offshoring...

Ngày tải lên: 21/06/2014, 13:20

... terms of staffing and leading 9.1 STAFFING Staffing focuses on the selection and utilization of employees The implementation of new strategies and policies often calls for new human resource management ... implementation process The job of the integrator is to prepare a competitive profile of the combined company in terms of its strengths and weaknesses, draft an ideal profile of what the combined company ... Firm Source: A Nahavandi and A R Malekzadeh, “ Acculturation in Mergers and Acquisitions,“ Academy of Management Review (January 1988), p 83 Copyright ©1988 by the Academy of Management Reprinted...

Ngày tải lên: 21/06/2014, 13:20

... market share and sales per employee (marketing), unit costs and percentage of defects (operations), percentage of sales from new products and number of patents (R&D), and turnover and job satisfaction ... complicated and demands a high level of standardization throughout a corporation The major providers of this software are SAP, Oracle, J D Edwards, Baan, and SSA At the divisional or SBU level of a ... top management than to business unit managers Table 10.1 Weighted-Factor Approach to Strategic Incentive Management Table 10.2 Strategic- Funds Approach to an SBU’s Profit and Loss Statement • Strategic- funds...

Ngày tải lên: 21/06/2014, 13:20

... approach to strategic management? What is its level of involvement in strategic management? How well does top management interact with lower level managers and with the board of directors? Are strategic ... present and future performance? B Review of Mission and Objectives Are the current mission and objectives appropriate in light of the key strategic factors and problems? Should the mission and objectives ... automation, use of mass communication devices (e.g., diagnostic machinery and video machines), facility capacities and utilization rates, efficiency ratings of professional and service personnel, and availability...

Ngày tải lên: 21/06/2014, 13:20

... Corporate Philanthropy and Shareholder Wealth: A Risk Management Perspective,” Academy of Management Review (October 2005), pp 777–799 12 W E Stead and J G Stead, Sustainable Strategic Management (Armonk, ... success of each of the following six forces: threat of new entrants, rivalry among existing firms, threat of substitute products, bargaining power of buyers, bargaining power of suppliers, and relative ... substitute for coffee If the price of coffee goes up high enough, coffee drinkers will slowly begin switching to tea The price of tea thus puts a price ceiling on the price of coffee Sometimes...

Ngày tải lên: 22/06/2014, 04:20

... payments.3 The management of dividends to stockholders is an important part of a corporation’s financial strategy Corporations in fast-growing industries, such as computers and computer software, often ... it is the opposite of vertical integration Outsourcing is becoming an increasingly important part of strategic decision making and an important way to increase efficiency and often quality One ... costs and a 15 percent increase in capacity and quality According to an American Management Association survey of member companies, 94 percent of the firms outsource at least one activity.8 Offshoring...

Ngày tải lên: 22/06/2014, 04:20