EXTERNAL ENVIRONMENT INDUSTRY, MARKETS COMPETITION ECONOMY

Slides:



Advertisements
Similar presentations
Irwin/McGraw-Hill © The McGraw-Hill Companies, Inc., 1998 Chapter 2 Environmental Analysis Marketing Gilbert A. Churchill, Jr. J. Paul Peter.
Advertisements

2 External Analysis: The Identification of Industry Opportunities and Threats.
Copyright ©2003 by South-Western, a division of Thomson Learning. All rights reserved. Slide 2-1 The Competitive Environment: Assessing Industry Attractiveness.
External Analysis: The Identification of Industry Opportunities and Threats Porter, Five Forces and Industry Cycles.
Preview: Environmental Analysis 4 PEST Analysis 4 Industry & Market 4 Porter’s Five Forces Model 4 Generic Strategies 4 Environmental Analysis Overview.
National Competitive Analysis: Framework, Cases and Lessons for GCC Economies Dr. D. Jeffrey Lenn School of Business George Washington University.
Nelson Phillips Professor of Strategy and Organizational Behaviour
Miles A. Zachary MGT Lecture The relationship between an organization and its environment Evaluating the general environment Evaluating the industry.
Tutorial 5 Five forces and PEST analysis
STRATEGIC MANAGEMENT Alex Miller THIRD EDITION
The Environment Macro-environment Micro-environment
Components of the General Environment
2 Chapter 2: External Analysis: The Identification of Industry Opportunities and Threats BA 469 Spring Term, 2005 Professor Dowling.
Topic 2 The External Environment
2 External Analysis: The Identification of Industry Opportunities and Threats.
External Analysis. Introduction  Internal analysis helps to identify the core competences of the business, while external analysis, particularly of the.
STRATEGIC MANAGEMENT. The Dynamics of Strategic Planning Strategy Strategy –large-scale action plan that sets the direction for an organization Strategic.
1 COMP5331: Web Pub and Web Ad 8. External Analysis Dickson K.W. Chiu PhD, SMIEEE.
Strategy and Industry Analysis GBUS 600 SWOT PEST and Strategy.
PRINCIPLES OF STRATEGIC MANAGEMENT Environmental Scanning and Strategy Formulation.
The Marketing Environment and Competitor Analysis
Business Policy and Strategy Lecture-11 1Business Policy and Strategy.
External Analysis: The Identification of Opportunities and Threats
Copyright © 2011 Pearson Education International Trade and Factor Mobility Theory.
Business Analysis by Binam Ghimire
Business and its Environment
Strategic Management Concepts and Cases
Chapter 2 --Market Imperfections and Value: Strategy Matters u Wealth creation is impossible in a perfect market u Porter’s five forces can be used to.
3. Competitive Forces Model Companies must contend with five competitive forces which you need to analyse (Figure 4-6) : 1Threat of new entrants 2Bargaining.
Chapter 2 --Market Imperfections and Value: Strategy Matters u Conditions necessary for a perfectly competitive product market and resource market: u No.
Learning Objectives To learn to identify the different types of environments that affect a firm To learn to identify the different types of environments.
©2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Strategic analysis: searching for opportunities and threats Focus: Daisytek  Assignment: Study H&W Ch 3 Environmental scanning and industry analysis and.
Prentice Hall, Inc. © STRATEGIC MANAGEMENT & BUSINESS POLICY 11 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER CHAPTER 4 Environmental Scanning and.
Analysis Tools SWOT, PEST+C, Porter’s 5 Forces, BCG Matrix.
Business Valuation Karen Grossman Tabak or Alma or Syllabus Review.
1. 2 Learning Objectives Understanding of: the elements of the external environment the role of external environmental forces on industry demand, cost.
EXTERNAL ENVIRONMENT INDUSTRY, MARKETS COMPETITION ECONOMY
CH 2 STRATEGY ANALYSIS. Strategy Analysis Strategy analysis is an important starting point for the analysis of financial statements –Allows the analyst.
Foundations in Strategic Management, 2e 1. 2 Learning Objectives Understanding of: the elements of the external environment the role of external environmental.
Porter 5+ Force Model Suppliers Buyers Potential Entrants Substitutes The Industry Rivalry among existing firms Threat of new entrants Threat of substitute.
Lecture 23 Electronic Business (MGT-485). Recap – Lecture 22 E-Business Strategy: Formulation – Internal Assessment Value Chain Analysis Linkages within.
Management Practices Lecture-7 1. Recap Economic Forces – Availability of credit – Interest rates Social, cultural, demographic and environmental forces.
© 2000 South-Western College Publishing Slide #1 Marketing Management 2nd Edition Chapter 3: Understanding the Environment and the Competition Michael.
STRATEGIC MANAGEMENT II Porter’s five forces module.
PESTLE ANALYSIS. WHY IS IT USEFUL? HSC Syllabus outcomes: H2Evaluates management strategies in response to changes in internal and external influences.
©2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
F Designed to give you knowledge and application of: Section B: Key environmental influences & constraints on business & accounting B1. Political.
Marketing Strategy. What is marketing strategy? O The positioning and relating of the firm/organisation to its environment in a way which will assure.
Copyright © 2011 Pearson Education Part Three Theories and Institutions: Trade and Investment 6-1.
1.5 External Environment 1.6 Organizational Planning Tools PEST(LE) SWOT Boston Matrix Ansoff Matrix Porter Five Forces.
Chapter 3 Environmental Forces
External Influences: PESTLE Analysis
SWOT, PEST+C, Porter’s 5 Forces, BCG Matrix
Marketing Strategy.
Introduction to Business Concepts
External influences.
BUS662 SMALL BUSINESS CONCEPTUAL ISSUES. Learning Outcome: To conduct environmental analysis and thereby analyse requirements of a strategic Chapter 3:
CHAPTER 4 Environmental Scanning and Industry Analysis
Creating Business Advantage with IT
8 Strategic Management Digital Business Strategies: Leveraging Internet and E-business Capabilities.
Marketing Strategy.
EXTERNAL ENVIRONMENT INDUSTRY, MARKETS COMPETITION ECONOMY
The Marketing Environment and Competitor Analysis
External Analysis: The Identification of Opportunities and Threats
External Influences on Business
External Analysis: The Identification of Opportunities and Threats
Michael Porter Competitive Strategy
Prof. Arjun B. Bhagwat Department of Commerce,
Strategic Analysis.
Presentation transcript:

EXTERNAL ENVIRONMENT INDUSTRY, MARKETS COMPETITION ECONOMY LEGAL, POLITICAL, SOCIAL

INDUSTRY, MARKETS CUSTOMER/CONSUMER BUYER WHO WHERE (AREA, COUNTRY) WANTS, NEEDS BUYING BEHAVIOR BUYER POWER RELATIONSHIPS/ALLIANCES

INDUSTRY, MARKETS (CONT’D) MARKET SIZE, TRENDS SUBSTITUTES DISTRIBUTION SYSTEM STAGE, PRODUCT LIFE CYCLE

INDUSTRY, MARKETS (CONT’D) STAGE, INDUSTRY LIFE CYCLE TECHNOLOGY AS THE PRODUCT SUPPLIERS POWER RELATIONSHIPS/ALLIANCES

COMPETITION NATURE OF WHO, WHERE STRATEGY ADVANTAGES - SUSTAINABLE DISADVANTAGES

COMPETITION (CONT’D) RIVALRY ENTRANTS, EXITS SUBSTITUTES

LEGAL, POLITICAL, SOCIAL LAWS, REGULATIONS VARY BY MARKET VARY BY COUNTRY ETHICS TRENDS IMPORT/EXPORT LAWS

ECONOMY EFFECTS ON DEMAND EXCHANGE RATES EMPLOYMENT RATES INFLATION STABILITY

KEY SUCCESS FACTORS “ABSOLUTE” REQUIREMENTS Airlines: low unit cost Air delivery: worldwide dist.

INTERNAL ENVIRONMENT ADV., DIS., STRATEGIES MARKETING MANUFACTURING ORGANIZATION DESIGN

INTERNAL ENVIRONMENT ADV., DIS., STRATEGIES INFORMATION FINANCE HUMAN RESOURCES

INTERNAL ENVIRONMENT ADV., DIS., STRATEGIES CONTROL CULTURE STRATEGY/ PLANNING

MATCHING ANALYSIS (RELATIONSHIPS AMONG) OVERALL DIRECTION INTERNAL SYSTEMS EXTERNAL TRENDS

FORMULATE STRATEGY MISSION/DIRECTION GOALS STRATEGIC PLANS TACTICS OK FINE TUNE CHANGE GOALS STRATEGIC PLANS TACTICS