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NATURE OF STRATEGIC MANAGEMENT:Interpretation, Strategy evaluation
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Table of Contents:
NATURE OF STRATEGIC MANAGEMENT:Interpretation, Strategy evaluation
KEY TERMS IN STRATEGIC MANAGEMENT:Adapting to change, Mission Statements
INTERNAL FACTORS & LONG TERM GOALS:Strategies, Annual Objectives
BENEFITS OF STRATEGIC MANAGEMENT:Non- financial Benefits, Nature of global competition
COMPREHENSIVE STRATEGIC MODEL:Mission statement, Narrow Mission:
CHARACTERISTICS OF A MISSION STATEMENT:A Declaration of Attitude
EXTERNAL ASSESSMENT:The Nature of an External Audit, Economic Forces
KEY EXTERNAL FACTORS:Economic Forces, Trends for the 2000’s USA
EXTERNAL ASSESSMENT (KEY EXTERNAL FACTORS):Political, Governmental, and Legal Forces
TECHNOLOGICAL FORCES:Technology-based issues
INDUSTRY ANALYSIS:Global challenge, The Competitive Profile Matrix (CPM)
IFE MATRIX:The Internal Factor Evaluation (IFE) Matrix, Internal Audit
FUNCTIONS OF MANAGEMENT:Planning, Organizing, Motivating, Staffing
FUNCTIONS OF MANAGEMENT:Customer Analysis, Product and Service Planning, Pricing
INTERNAL ASSESSMENT (FINANCE/ACCOUNTING):Basic Types of Financial Ratios
ANALYTICAL TOOLS:Research and Development, The functional support role
THE INTERNAL FACTOR EVALUATION (IFE) MATRIX:Explanation
TYPES OF STRATEGIES:The Nature of Long-Term Objectives, Integration Strategies
TYPES OF STRATEGIES:Horizontal Integration, Michael Porter’s Generic Strategies
TYPES OF STRATEGIES:Intensive Strategies, Market Development, Product Development
TYPES OF STRATEGIES:Diversification Strategies, Conglomerate Diversification
TYPES OF STRATEGIES:Guidelines for Divestiture, Guidelines for Liquidation
STRATEGY-FORMULATION FRAMEWORK:A Comprehensive Strategy-Formulation Framework
THREATS-OPPORTUNITIES-WEAKNESSES-STRENGTHS (TOWS) MATRIX:WT Strategies
THE STRATEGIC POSITION AND ACTION EVALUATION (SPACE) MATRIX
THE STRATEGIC POSITION AND ACTION EVALUATION (SPACE) MATRIX
BOSTON CONSULTING GROUP (BCG) MATRIX:Cash cows, Question marks
BOSTON CONSULTING GROUP (BCG) MATRIX:Steps for the development of IE matrix
GRAND STRATEGY MATRIX:RAPID MARKET GROWTH, SLOW MARKET GROWTH
GRAND STRATEGY MATRIX:Preparation of matrix, Key External Factors
THE NATURE OF STRATEGY IMPLEMENTATION:Management Perspectives, The SMART criteria
RESOURCE ALLOCATION
ORGANIZATIONAL STRUCTURE:Divisional Structure, The Matrix Structure
RESTRUCTURING:Characteristics, Results, Reengineering
PRODUCTION/OPERATIONS CONCERNS WHEN IMPLEMENTING STRATEGIES:Philosophy
MARKET SEGMENTATION:Demographic Segmentation, Behavioralistic Segmentation
MARKET SEGMENTATION:Product Decisions, Distribution (Place) Decisions, Product Positioning
FINANCE/ACCOUNTING ISSUES:DEBIT, USES OF PRO FORMA STATEMENTS
RESEARCH AND DEVELOPMENT ISSUES
STRATEGY REVIEW, EVALUATION AND CONTROL:Evaluation, The threat of new entrants
PORTER SUPPLY CHAIN MODEL:The activities of the Value Chain, Support activities
STRATEGY EVALUATION:Consistency, The process of evaluating Strategies
REVIEWING BASES OF STRATEGY:Measuring Organizational Performance
MEASURING ORGANIZATIONAL PERFORMANCE
CHARACTERISTICS OF AN EFFECTIVE EVALUATION SYSTEM:Contingency Planning