1 SYSTEM OF CORPORATE MANAGEMENT 2. 2 Management of the enterprise 1.0. Strategy - creating a market advantage. 1.1. Attitudes of competitive companies.

Slides:



Advertisements
Similar presentations
Research Methodology Chapter 1.
Advertisements

HEALTH PLANNING AND MANAGEMENT
Develop an Information Strategy Plan
3.05 Employee Marketing-information to develop a marketing plan
Management 1 © 2011 Cengage Learning.
Lecture 1 Human Resource Management Practices
1 Presenter Date How to Start Investing Ana Forssman.
Introduction to Research Methodology
Planning and Decision Making
Business Objects Prediction Markets at Google
The Nature of Strategic Management
Use of non-financial measures in performance evaluation
Buyer Behavior, TALC, and Segmentation. Customer decision process Problem Recognition Information Search Alternative Evaluation Choice and Purchase Post-purchase.
IACT901 - Module 1 Planning Theory - Scope & Integration ABRS Hong Kong 2004 Penney McFarlane University of Wollongong.
Factors in B2B Buying Behavior Process Stages; see diagram below Players: roles in “Buying Center” gatekeepers, users, influencers, deciders, purchasers.
Unit 3 Basic Marketing Concepts
McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved Marketing Concept, Customer Needs, American Marketing Association, Customers, Employees,
Copyright  2004 McGraw-Hill Australia Pty Ltd PPTs t/a Marketing 4/e by Quester, McGuiggan, Perreault and McCarthy 2–1 Part 1: Marketing strategy and.
Nature and Scope of Marketing Research
BUS516 Integrative Business Strategies What is Strategy? Dr. Ellen A. Drost.
Customer-Driven Marketing
Behavior in Organizations
Strategic Planning and the Marketing Management Process.
Copyright © 2011 The McGraw-Hill Companies All Rights ReservedMcGraw-Hill/Irwin Chapter 1 Strategic Planning and the Marketing Management Process.
AGENDA 09/09 & 09/10 F Nature of Strategic Challenge & F Strategic Management F The Strategy Concept and Process F Strategic Plan - Team Meetings.
Slide 1 D2.TCS.CL5.04. Subject Elements This unit comprises five Elements: 1.Define the need for tourism product research 2.Develop the research to be.
UNIT 1 TOPICS STARTING A BUSINESS This section provides candidates with an introduction to the scope of Business Studies within the context of starting.
Strategic Management Copyright ©2013 Pearson Education, Inc. publishing as Prentice Hall.
3 3. "Some men see things as they are and ask, 'Why?" I dream things that never were and ask, 'Why not?'" Robert F. Kennedy CHAPTER OUTLINE Introduction.
Copyright 2008 IDC. Reproduction is forbidden unless authorized. All rights reserved. Leveraging Business Intelligence For Competitive Advantage Competing.
6.0 Business Strategy Chapter 38 HL Only. What is business strategy?  Business strategy A long-term plan of action for the whole organization, designed.
PROFESSIONAL AUTONOMY AS A MAINSPRING OF PERSONAL AND PROFESSIONAL SELF-DEVELOPMENT OF MEDICAL UNIVERSITY TEACHERS Oksana A. Gavrilyuk Krasnoyarsk State.
How are decisions made in organizations?
CONCEPT OF MIS. Management “Management can be defined as a science of using resources rationally (utilization of resources in judicious manner using appropriate.
BUS 460. INTERNATIONAL STRATEGY Introduction: The end of product of strategic decisions is deceptively simple; a combination of products and markets.
Strategic Management u What is strategic management? u Strategic planning u Strategic implementation u Strategic control.
Strategic Planning and the Marketing Management Process © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin Marketing Management,
Research Methods for Business
Strategic Planning and the Marketing Management Process © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin Marketing Management,
 The word ‘strategy’ is derived from a Greek word ‘ strategos’, which means generalship----the actual direction of military force  Strategy is a plan.
Research Tools and Techniques The Research Process: Step 3 & 4 Lecture 8.
Principles of MarketingTheocharis Katranis, MBASpring Semester 2013 Principles of Marketing Theocharis Katranis Final Revision Spring Semester 2013 Final.
ASHLEY BURNETT SHAWN BUCK WHITNEY HORTON KELLY RIESTER JENNIFER SHOTTS SAM SNELLING MICKEA SMITH Overview Strategy: A View From The Top.
The Nature of Organisation Chapter 2, page 55. Structure of Part 1: The Nature of Organisations The concept and role of organisations Elements of an organisation.
© 2009 South-Western, Cengage LearningMARKETING 1 Chapter 5 MARKETING INFORMATION AND RESEARCH 5-1Understanding the Need for Market Information 5-2Finding.
UTA/ARRI. Enterprise Engineering for The Agile Enterprise Don Liles The University of Texas at Arlington.
Understand sales processes and techniques to enhance customer relationships and to increase the likelihood of making sales.
 Marketing Information System: A set of procedures and methods that regularly generates, stores, analyzes, and distributes information for use in making.
Strategic Planning and Future of Cohesion Policy after 2020 Panel 2 “Strategic Planning as an X-factor for effective management of ESI funds“ (V4+4 Conference;
Marketing Strategy & Consumer Behavior Unit 4. Planning a Marketing Strategy  A plan that identifies how a company expects to achieve its goals is known.
Amity Business School 1 Amity Business School MBA Class of 2010, Semester IV Management in Action Social, Economic & Ethical Issues Dr. Sanjay Srivastava.
Understand sales processes and techniques to enhance customer relationships and to increase the likelihood of making sales.
DECISION MODELS. Decision models The types of decision models: – Decision making under certainty The future state of nature is assumed known. – Decision.
Human Resource Management Gaining a Competitive Advantage
 P lanning is an intellectual process, consicous determination of courses of action, the basing of decisions on purpose, facts and considered estimates.
Strategic Formation Process
4. INFORMATION, MANAGEMENT
INFORMATION SYSTEMS, ORGANIZATIONS, MANAGEMENT, AND STRATEGY
Alternative Evaluation and Selection
Benchmarking.
Planning Sreekanth N V.
Implementing Strategy in Companies That Compete in a Single Industry
Bounded Rationality Herbert A. Simon.
3.05 Employee Marketing-information to develop a marketing plan
4. INFORMATION, MANAGEMENT
Chapter 12 Implementing strategy through organization
Chapter 12 Implementing strategy through organization
Game Theory Solutions 1 Find the saddle point for the game having the following payoff table. Use the minimax criterion to find the best strategy for.
The Nature of Strategic Management
Presentation transcript:

1 SYSTEM OF CORPORATE MANAGEMENT 2

2 Management of the enterprise 1.0. Strategy - creating a market advantage Attitudes of competitive companies Price strategies of the enterprise Paths of strategic development Relation strategies of the enterprise Decisive processes in company’s management Planning in company’s management Basic models of decisive processes Decisive processes in strategy realization Corporate identity and social intelligence. 3.1.Social intelligence of a company. 3.2.Corporate identity: definitions and contexts. 3.3.Corporate culture, identity and image. 3.4.Transforming corporate identity.

3 DECISIVE PROCESSES IN COMPANY’S MANAGEMENT PLANNING IN COMPANY’S MANAGEMENT Evolution of systems of enterprise planning Integrated Diversified Strategic planning Long-term planning

4 Decisive functions of planning Formalizing processes of taking strategic decisionsCreatingbackground databases of prognosis and competenciesDecisions’coordination

5 BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY ONE ACTOR MODEL (MONORATIONAL DECISIVE MODEL) BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY ONE ACTOR MODEL (MONORATIONAL DECISIVE MODEL) - Operating comes from aims and preferences of the deciding actor (manager), - Goals are clearly and precisely determined - Preferences are stable in particular time intervales.

6 BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY ONE ACTOR MODEL = MONORATIONAL DECISIVE MODEL BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY ONE ACTOR MODEL = MONORATIONAL DECISIVE MODEL The process of taking decision has following stages: 1. Forming the problem, 2. Isolating and describing all possible alternatives of actions, 3. Assessment of each variant with use of criterions for determine goals or preferences, 4. Selection of the optimal solution.

7 BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY ORGANIZATION MODEL Known procedures lead to choosing the first satysfying solution, i.e. a solution, which results might fulfill management’s or environment’s requirements. The decisive process ends and the management doesn’t seek for other solutions.

8 Examples of organization models Theory of limited rationality Each decision has a double character in the organization: First, organization limits and forms rationality of its participants. Second, it make them dependent from each other.

9 According to the Behavioral Theory of an Enterprise decisive processes work as folow:   They are initiated by problems, which appear by comparison of information from external environment and goals of the organization;   Problems are being divided into subproblems, which are solved by particular divisions of the organization, considering fragmentary goals they represent;

10   Each part of the organization solve its own subproblems in a standarized way. It searches new solutions only if standard methods are insufficient or uneffective;   The research of new solutions finishes by finding a satysfying one solution, which enables reaching a particular aim; .  A holistic solution rises as a summary of particular subproblems and as a compromise obtained by treating problems in sequences and accepting individual solutions.

11 BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY POLITICAL MODEL In a political model the organization is perceived as a game, which participants (individuals or groups) take positions determined more or less precisely in a structure of work and power division and in the budget. Participants of the organization are actors, who all have their own goals and who control various stocks (authorisations, money, time, staff, ideas, information).

12 Internal political games   Game of Building an Empire,   Game for Independance,   Game for Changes on the Top.

13 BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY The Waste Basket Model treats decisions as an accidental product of particular circumstances (possibility to make a choice), waiting problems, absolutely prepared solutions and those, which need some more work and more or less interested deciding persons (participants).

14 BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY BASIC MODELS OF DECISIVE PROCESSES IN A COMPANY The Waste Basket Model questionnes the intuitionarly hypothesis that decision is something important, independend and isolated.