Download presentation
Presentation is loading. Please wait.
Published byMae Ford Modified over 9 years ago
1
Copyright © 2005 Pearson Education Canada Inc. Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-1 Chapter 4 Internal Scanning: Organizational Analysis
2
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-2 Copyright © 2005 Pearson Education Canada Inc. Resource-Based Approach Resource: An asset, competency, process, skill, or knowledge controlled by the organization.
3
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-3 Copyright © 2005 Pearson Education Canada Inc. Evaluating Key Resources VRIO Framework Value: Does it provide competitive advantage? Rareness: Do other competitors possess it? Imitability: Is it costly for others to imitate? Organization: Is the firm organized to exploit the resource?
4
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-4 Copyright © 2005 Pearson Education Canada Inc. Core Competencies Durability & Imitability of core competencies determined by: Transparency Transferability Replicability
5
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-5 Copyright © 2005 Pearson Education Canada Inc.
6
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-6 Copyright © 2005 Pearson Education Canada Inc. Organizational Culture Defined: Collection of beliefs, expectations, and values learned and shared by an organization’s members and transmitted from one generation of employees to another.
7
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-7 Copyright © 2005 Pearson Education Canada Inc. Strategic Financial Issues Financial Ratios: i.e. Total debt to total assets. Capital Budgeting: Analyzing and ranking possible investments in fixed assets.
8
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-8 Copyright © 2005 Pearson Education Canada Inc. Strategic R&D Issues R&D Intensity: Spending on R&D as a percentage of sales revenue. Technological Competence: Development and use of innovative technology. Technology Transfer: Process of taking new technology from the lab to the marketplace.
9
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-9 Copyright © 2005 Pearson Education Canada Inc. Strategic HRM Issues Use of Teams Flexibility Quality of Worklife Human Diversity
10
Concepts in Strategic Management, Canadian Edition Wheelen, Hunger, Wicks 4-10 Copyright © 2005 Pearson Education Canada Inc. Strategic Information Systems Issues Automate back-office processes Automate individual tasks Enhance key business functions Develop competitive advantages
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.