McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved.

Slides:



Advertisements
Similar presentations
Business Strategies: A Foundation for Marketing Program Decisions
Advertisements

Chapter 5 Strategy, Organization Design and Effectiveness
Strategic Planning and the Marketing Management Process
Thomson Learning © Chapter Two Strategy, Organization Design, and Effectiveness.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Project Analysis and Evaluation Chapter Eleven.
1-1 McGraw-Hill/Irwin ©2008 The McGraw-Hill Companies, All Rights Reserved C H A P T E R THREE Business Strategies and Their Marketing Implications 3.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Credit and Inventory Management Chapter Twenty-One.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Working with Financial Statements Chapter Three.
4. Economic Effficiency Efficiency Equity Market system Social cost – External cost Public goods – Private cost.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Financial Leverage and Capital Structure Policy Chapter Seventeen.
Jeopardy! Exam Review Questions Chapters ____________ is an asset, competency, skill or knowledge that is controlled and leveraged by a corporation.
Irwin/McGraw-Hill Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 1-1.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Raising Capital Chapter Sixteen.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Options and Corporate Finance Chapter Fourteen.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Introduction to Valuation: The Time Value of Money Chapter Five.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Net Present Value and Other Investment Criteria Chapter Nine.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Short-Term Finance and Planning Chapter Nineteen.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Discounted Cash Flow Valuation Chapter Six.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Determining the Target Cash Balance Chapter Twenty A.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Long-Term Financial Planning and Growth Chapter Four.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Interest Rates and Bond Valuation Chapter Seven.
Strategy, Organization Design and Effectiveness
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Risk Management: An Introduction to Financial Engineering Chapter Twenty- Three.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Option Valuation Chapter Twenty- Four.
7 - 1 Copyright © 2009 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin.
© 2003 The McGraw-Hill Companies, Inc. All rights reserved. Return, Risk, and the Security Market Line Chapter Thirteen.
Chapter 6 Copyright ©2007 by South-Western, a division of Thomson Learning. All rights reserved 1 Sustainable Competitive Advantage Resources The assets,
Strategy, Organizational Design, and Effectiveness.
Strategy and Effectiveness
Business Strategies and Their Marketing Implications
Chapter 3 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in.
Planning The Foundation of Successful Management
Irwin/McGraw-Hill Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 1-1.
© 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
1-1 Strategic Planning and the Marketing Management Process Chapter 1 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights.
Management Fundamentals - Chapter 91 How Are Strategies Formulated?  Opportunities for achieving sustainable competitive advantage: Cost and quality Knowledge.
Market-Oriented Perspectives Underlie Successful Corporate, Business, and Marketing Strategies This is the latest version 12/25/07 1.
The Marketing Management Process
Chapters Market-Oriented Business Strategies.
Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
Strategy Formulation and Implementation
McGraw-Hill/Irwin © 2006 The McGraw-Hill Companies, Inc. All rights reserved. 7-1.
Focusing Marketing Strategy with Segmentation and Positioning For use only with Perreault/Cannon/McCarthy or Perreault/McCarthy texts.
Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Strategic Management: Text and Cases, 4e 5 Business-Level Strategy.
Strategy, Organization Design, and Effectiveness
1 Chapter Two Strategy, Organization Design, and Effectiveness ©2000 South-Western College Publishing Cincinnati, Ohio Daft, Organization Theory and Design.
McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All Rights Reserved.
Business Strategy & the Marketing Program. Business strategies z(Porter’s typology) zOverall cost leadership ybroad focus ynarrow focus zDifferentiation.
Strategic Planning and the Marketing Management Process © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin Marketing Management,
International Business 9e By Charles W.L. Hill McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
Strategy, Organization Design, and Effectiveness
Business Level- Strategy: Creating and Sustaining Competitive Advantages Chapter Five McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies,
Strategic Planning and the Marketing Management Process © 2007 The McGraw-Hill Companies, Inc., All Rights Reserved. McGraw-Hill/Irwin Marketing Management,
Cell-1 Stars Cell-2 Question Mark Cell-3 Cash Cows Cell-4 Dogs
Chapter Eighteen Creating Competitive Advantage Copyright ©2014 by Pearson Education, Inc. All rights reserved.
Chapter Five Planning: The Foundation of Successful Management McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
© 2010 South-Western/Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole.
McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Example 1-Ad A.
Managing Strategy and Strategic Planning
Sales Management 4 Strategic Roles Sales and Sales Management.
McGraw-Hill/Irwin Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved.5 Strategic Management Business Level Strategy: Creating and.
Chapter 1 Market-Oriented Perspectives Underlie Successful Corporate, Business, and Marketing Strategies.
Strategy, Organization Design, and Effectiveness
Chapter 3 Business Strategies and Their Marketing Implications
Chapter 6 – Organizational Strategy
Strategy, Organization Design, and Effectiveness
Creating Competitive Advantage
Strategy, Organization Design, and Effectiveness
Strategy, Organization Design, and Effectiveness
Managing Strategy and Strategic Planning
Presentation transcript:

McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved.

McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Chapter Three Business Strategies and Their Marketing Implications

McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Prospector Defender Analyzer Reactor Exhibit 3.1 Miles and Snow’s Four Business Strategies

McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Exhibit 3.2 Combined Typology of Business-Unit Competitive Strategies Competitive strategy Differentiation Cost leadership Emphasis on new product-market growth Heavy emphasisNo emphasis ProspectorAnalyzerDefenderReactor Units primarily concerned with attaining growth through aggressive pursuit of new product-market opportunities Units with strong core bus.; actively seeking to expand into rel. prod-mkts with differentiated offerings Units with strong core bus.; actively seeking to expand into rel. prod-mkts with low-cost offerings Units primarily concerned with maintaining a differentiated position in mature markets Units primarily concerned with maintaining a low-cost position in mature markets Units with no clearly defined product-market development or competitive strategy

McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Exhibit 3.5 How Business Strategies Differ in Scope, Objectives, Resource Deployments, and Synergy (1 of 2) Dimensions Scope Goals and obj. Adaptability (new product success) Effectiveness (inc. mrkt share) Efficiency (ROI) Resource deployment Synergy Low-cost defender Mature/stable/well- defined domain; mature tech.and cust. segments Very little Little High Generate excess cash (cash cows) Need to seek operating synergies to achieve efficiencies Differentiated defender Mature/stable/well- defined domain; mature tech.and cust. segment Little High Generate excess cash (cash cows) Need to seek operating synergies to achieve efficiencies

McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Exhibit 3.5 How Business Strategies Differ in Scope, Objectives, Resource Deployments, and Synergy (2 of 2) Dimensions Scope Goals and obj. Adaptability (new product success) Effectiveness (inc. mrkt share) Efficiency (ROI) Resource deployment Synergy Prospector Broad/dynamic domains; tech. and cust. segments not well-established Extensive Large Low Need cash for product dev. (? or *) Danger in sharing operating fac. and programs - better to share tech./mktg skills Analyzer Mixture of defender and prospector strategies Mix. of defender & prospector strats. Mix. of def. & prosp. strats Need cash for prod. dev. but < prospectors Danger in sharing operating fac. and programs - better to share tech./mktg. skills