strategic planning for compliance and regulatory defensiveness

... of strategic decisions that companies have recently made The Nature and Value of Strategic Management • Strategic management: The set of decisions and actions that result in the formulation and ... segmentation, and distribution 19 Formality in Strategic Management • Formality is the degree to which participation, responsibility, authority, and discretion in decision-making are specified in strategic ... approach to strategic management associated with owner-managers of smaller firms 23 Planning Mode • The strategic formality associated with large firms that operate under a comprehensive, formal planning...

Ngày tải lên: 21/11/2016, 17:13

... stockholder representatives and strategic managers responsible for overseeing the creation and accomplishment of the company mission Major Board Responsibilities: • Establish and update mission • Elect ... standards (quotas) and management by objective 12.Remove barriers that rob workers, engineers, and managers of their right to pride of workmanship 13.Institute a vigorous program of education and ... issues, and competitors? Formulating a Mission • The typical business begins with the beliefs, desires, and aspirations of a single entrepreneur • These beliefs are usually the basis for the...

Ngày tải lên: 21/11/2016, 17:13

... financial interests of stockholders 10 CSR and Profitability • The dynamic between CSR and success (profit) is complex They are not mutually exclusive, and they are not prerequisites of each other ... Sustainability and the Resurgence of Environmentalism Increasing Buying Power among Consumers Globalization of Business 13 Sarbanes-Oxley Act of 2002 • Law that revised and strengthened auditing and accounting ... auditing committees, and attorneys Specifies duties of registered public acting firms that conduct audits Composition of the audit committee and specific responsibilities Rules for attorney conduct...

Ngày tải lên: 21/11/2016, 17:13

... forecasting helps protect and improve the profitability of firms in growing industries It alerts strategic managers to impending challenges and promising opportunities The key to beneficial forecasting ... environment into the foreground of strategic thought and business planning • The cornerstone of Porter’s work first appeared in the Harvard Business Review, in which he explains the five forces that shape ... future technological capabilities and their probable impacts Technological Forecasting • The quasi-science of anticipating environmental and competitive changes and estimating their importance...

Ngày tải lên: 21/11/2016, 17:13

... including the differences for multinational and global firms The market requirements and product characteristics in global competition The competitive strategies for firms in foreign markets Globalization ... of global strategic planning:    Multiple political, economic, legal, social, and cultural environments as well as various rates of change Interactions between the national and foreign environments ... Global Strategic Planning: Stakeholder Activism • Demands placed on a global firm by the stakeholders in the environments in which it operates, principally by foreign governments 18 Global Strategic...

Ngày tải lên: 21/11/2016, 17:13

... Learning Objectives Understand how to conduct a SWOT analysis Understand value chain analysis and how to use it to disaggregate a firm’s activities Understand the resource-based view of a ... traditional approach to internal analysis: SWOT is an acronym for the internal Strengths and Weaknesses of a firm and the environmental Opportunities and Threats facing that firm • SWOT analysis is a historically ... redundant work • The time and energy to change to an activity-based approach can be formidable Resource-Based View (RBV)  RBV is a method of analyzing and identifying a firm’s strategic advantages...

Ngày tải lên: 21/11/2016, 17:13

... products and services 14 Grand Strategies • Grand strategy • A master long-term plan that provides basic direction for major actions for achieving long-term business objectives 15 Grand Strategies ... inefficiencies, and innovative breakthroughs by competitors Strategic managers often believe the firm can survive and eventually recover if a concerted effort is made over a period of a few years to fortify ... The joint venture extends the supplier-consumer relationship and has strategic advantages for both partners 33 Strategic Alliances • Strategic alliances are distinguished from joint ventures because...

Ngày tải lên: 21/11/2016, 17:13

... – – License foreign firms to produce and distribute the firm’s products Maintain a domestic production base and export products to foreign countries Establish foreign-based plants and distribution ... growth and limited competition still exist Competitive Advantages and Strategic Choices in Declining Industries • Declining industries are those that make products or services for which demand is ... Matrix Ex 8.12 Model of Grand Strategy Clusters Building Value as a Basis for Choosing Diversification or Integration • The grand strategy selection matrix and model of grand strategy clusters are...

Ngày tải lên: 21/11/2016, 17:13

... • Understand the portfolio approach to strategic analysis and choice in multibusiness companies Understand and use three different portfolio approaches to conduct strategic analysis and choice ... limitations and weaknesses of the various portfolio approaches Understand the synergy approach to strategic analysis and choice in multibusiness companies Evaluate the parent company role in strategic ... analysis and choice to determine whether and how it adds tangible value in a multibusiness company The Portfolio Approach • • The portfolio approach is a historical starting point for strategic...

Ngày tải lên: 21/11/2016, 17:13

... from selling the stock for a certain time period and not at all if they leave the company before that time period Bonus Compensation Plans (contd.) • Golden handcuffs  A form of executive compensation ... correction, and evaluation more relevant and acceptable Ex 10.2 Potential Conflicting Objectives and Priorities Short-Term Objectives Short-Term Objectives provide: • Specificity • Time frame for completion ... Advantages of Formal, Written Policies They require managers to think through the policy’s meaning, content, and intended use They reduce misunderstanding They make equitable and consistent...

Ngày tải lên: 21/11/2016, 17:13

... structure is one where there is an owner and a few employees and where the arrangement of tasks, responsibilities, and communication is highly informal and accomplished through direct supervision ... control/differentiation with the need for coordination/integration • • • Restructure to emphasize and support strategically critical activities Reengineer strategic business processes Downsize and self-manage 20 ... Identify five traditional organizational structures and the pros and cons of each Describe the product-team structure and explain why it is a prototype for a more open, agile organizational structure...

Ngày tải lên: 21/11/2016, 17:13

... process and practice by key executives of guiding and shepherding people in an organization toward a vision over time and developing that organization’s future leadership and organization culture Strategic ... motivators, strategic decision makers, innovators, and collaborators if the business is to survive and prosper  Today’s need for fluid, learning organizations capable of rapid response, sharing, and ... Building and maintaining relationships • Influence and motivation 13 Competencies Leaders Should Possess (According to Ronald Riggio) (contd.) • Leading teams and organizations – Understanding and...

Ngày tải lên: 21/11/2016, 17:13

... Describe and illustrate four types of strategic control Summarize the balanced scorecard approach and how it integrates strategic and operational control Illustrate the use of controls to guide and ... Scorecard 22 Ex 13.6 (contd.) Strategic Objectives Strategic Measures 23 Ex 13.6 (contd.) Strategic Objectives Strategic Measures 24 Ex 13.6 (contd.) Strategic Objectives Strategic Measures 25 Dashboard ... organizes and presents information from multiple digital sources simultaneously in a user-designed format on the computer screen 26 Dashboard Uses • • Key management tool for timely strategic and operational...

Ngày tải lên: 21/11/2016, 17:13

... creative and innovative ideas and actions with the management and organizational skills necessary to mobilize the appropriate people, money, and operating resources to meet an identifiable need and ... • Toyota’s CCC21: construction of cost competitiveness for the 21st century • Six Sigma is a rigorous and analytical approach to quality and continuous improvement with an objective to improve ... satisfaction, and best-in-class performance Ex 14.2 The DMAIC Six Sigma Approach Six Sigma – Developing a Customer Orientation 10 Essential Elements that Lead to Incremental Innovation Define quality and...

Ngày tải lên: 21/11/2016, 17:13

... of Strategic Planning 15 General Strategic Planning 15 What Is Strategic Planning for Project Management? Executive Involvement 25 The General Environment 26 Critical Success Factors for Strategic ... STRATEGIC PLANNING FOR PROJECT MANAGEMENT? Strategic planning for project management is the development of a standard methodology for project management, a methodology that can be used over and ... Page 28 28 PRINCIPLES OF STRATEGIC PLANNING The Technological Segment The technological segment is basically the same for general strategic planning and strategic planning for project management...

Ngày tải lên: 14/08/2013, 13:47

... of Strategic Planning 15 General Strategic Planning 15 What Is Strategic Planning for Project Management? Executive Involvement 25 The General Environment 26 Critical Success Factors for Strategic ... STRATEGIC PLANNING FOR PROJECT MANAGEMENT? Strategic planning for project management is the development of a standard methodology for project management, a methodology that can be used over and ... Page 28 28 PRINCIPLES OF STRATEGIC PLANNING The Technological Segment The technological segment is basically the same for general strategic planning and strategic planning for project management...

Ngày tải lên: 16/01/2014, 16:33

... Issues: What Information Needs to Be Private? Testing the Application Code Backdoors Exception Handling and Failure Notification ID and Password Testing Testing for Information Leaks Random Numbers ... Analyzers for C/C++, Java, Visual Basic, and Other Programming and Scripting Languages Load/Performance Testing Tools Web Load and Performance Testing Tools GUI Capture (Recording/Scripting) and Playback ... test server-side software?” “What are performance, stress, and load tests, and how I plan for and execute them?” “What I need to know about security testing, and what are my testing responsibilities?”...

Ngày tải lên: 22/03/2014, 18:20

... that the strategic plan remains on track (control and evaluation) Strategic planning establishes overall strategic goals and objectives, selects appropriate policies for the acquisition and distribution ... Preface iii Strategic Management Organizational Decision Making: The Framework for Strategic Management 21 Strategic Planning: Mission, Vision, Goals, and Objectives 49 Strategic Planning: SWOT ... strategic planning and strategic management interchangeably The Alliance for Nonprofit Management, however, has observed: Strategic planning is only useful if it supports strategic thinking and leads...

Ngày tải lên: 29/03/2014, 05:20

... lettuce industry, state and federal regulatory agencies, and pesticide manufacturers with the current status of pest management for lettuce in California and Arizona Information presented is taken ... registrations for new fungicides for downy mildew • Obtain registrations for new fungicides for powdery mildew • Obtain registrations for new fungicides for anthracnose • Obtain registrations for new ... pesticides handled and involvement of mixer/loader/applicators in aerial and ground applications • Educate EPA and pesticide registrants on field worker involvement, worker exposure, and re-entry and...

Ngày tải lên: 31/03/2014, 11:20

... of Strategic Planning 15 General Strategic Planning 15 What Is Strategic Planning for Project Management? Executive Involvement 25 The General Environment 26 Critical Success Factors for Strategic ... STRATEGIC PLANNING FOR PROJECT MANAGEMENT? Strategic planning for project management is the development of a standard methodology for project management, a methodology that can be used over and ... Page 28 28 PRINCIPLES OF STRATEGIC PLANNING The Technological Segment The technological segment is basically the same for general strategic planning and strategic planning for project management...

Ngày tải lên: 02/04/2014, 18:19