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CstM 301 - Management & Organization
strategy & strategic management
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strategy & competition…
competitive advantage sustainable competitive advantage strategy strategic intent
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levels of strategies… corporate-level business-level functional
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strategic management process…
analyze formulate implement
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analysis of mission & stakeholders…
employees communities suppliers customers shareholders
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analysis of core values…
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analysis of objectives…
profitability financial health cost efficiency customer service product quality market share human talent innovation social responsibility
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swot analysis…
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five forces analysis… rivalry among competing firms
threat of new entrants bargaining power of buyers substitute products or services bargaining power of suppliers
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do either of these look familiar?
five forces (cont’d)… attractive industry unattractive industry few competitors many competitors high barriers to entry low barriers to entry few substitute products many substitute products low power of suppliers high power of suppliers low power of customers high power of customers do either of these look familiar?
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formulation & planning…
risky venture - star or divested ? rapid growth & expansion ensure cashflow or liquidate milk to finance stars or ?
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corporate level strategies…
growth strategy concentration diversification vertical integration
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corporate level strategies…
restructuring strategy chapter 11 bankruptcy liquidation downsizing divestiture turnaround
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corporate level strategies…
cooperative strategy strategic alliance co-opetition similar to joint ventures
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business level strategies…
competitive strategy differentiation cost leadership focused differentiation focused cost leadership
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strategy implementation…
management is key even the best laid plans of mice & men often go astray… resultant failure of strategy failure of substance failure of process lack of participation error goal displacement strategic control
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strategic leadership…
responsibilities guardian of trade-offs create a sense of urgency ensure understanding teach
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