Doctor of Business Administration (SIA) revised August 23 2017 PROFESSOR ROBIN MATTHEWS KINGSTON UNIVERSITY BUSINESS SCHOOL LONDON RANEPA MOSCOW MOSI YOSHKAR-OLA ECONOMIC STRATEGIES PRESIDENT OF THE LEAGUE OF CORPORATE STRATEGY AND ACCOUNTING http/www.robindcmatthews.com http://www.tcib.org.uk/about.html http://kpp-russia.ru 11/7/2018 robindcmatthews.com
META MODEL PAYOFFS INNER DYNAMICS DYNAMICS GRAMMAR OUTER DYNAMICSOUTER Mandala
The enneagram methodology Actual v expected Reflection Monitoring Control, reporting auditing OUTER DYNAMICS Corporate vision/mission/ strategic intent Principal agent Moral hazard Information Emotional intelligence Incentive compatibility Abilities Attitudes Rewards Motivation Payoffs/Utility Attitudes to risk Tradeoffs/stakeholders Survival/growth Sustainability Corporate responsibility PAYOFFS INNER DYNAMICS Activities/assets capabilities Rational choice Bounded rationality Mind sets/path dependence Decision rules NPV/DCF/ROCE…. Time horizons Search techniques Strategic models and frameworks Meta model The strategic process is embedded in organizational grammar
Effect on sales revenue of price reduction Effect on sales revenue of a price increase Elastic Ep >1 Sales Revenue RISES Sales Revenue FALLS Inelastic Ep <1 FALLS
EP = │ EP │ = price elasticity ELASTICITIES EP = │ EP │ = price elasticity Ey = income elasticity
niches Whole market Market segments Market segment
ADAPTATION; BARRIERS Organizational grammar Tradeoffs: Barriers exploration/exploitation, adaptation/control, stability/flexibility Barriers Expertism: Experience, safe pair of hands, neurons that fire together wire together, mind sets Complexity catastrophe: complex networks, percolation, (SDIC perhaps),TBTF Path dependence: opportunities, leverage, resource/asset base Overcoming barriers Autonomy, hierarchy, diversity tradeoffs again