slide strategic management 14th

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 1

Ngày tải lên : 21/11/2016, 17:13

... 28 The Strategic Management Process • • • Businesses vary in formulation and other processes The basic components of the models used to analyze strategic management are similar Strategic management ... competition Dimensions of Strategic Decisions • • • • • • Strategic issues require top -management team decisions Strategic issues require large amounts of the firm’s resources Strategic issues often ... Dimensions of Strategic Decisions (in detail)  Strategic issues require top -management team decisions   Strategic decisions overarch several areas of a firm’s operations Usually only top management...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 2

Ngày tải lên : 21/11/2016, 17:13

... statement • Reflects the basic beliefs, values, aspirations, and philosophical priorities to which strategic decision makers are committed in managing the company Public Image • Both present and ... 10.Eliminate slogans, exhortations, and numerical targets 11.Eliminate work standards (quotas) and management by objective 12.Remove barriers that rob workers, engineers, and managers of their right ... transformation Newest Trends in Mission Components (contd.) • A vision statement presents a firm’s strategic intent designed to focus the energies and resources of the company on achieving a desirable...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 3

Ngày tải lên : 21/11/2016, 17:13

... business ethics to strategic management practice The Stakeholder Approach to Social Responsibility According to the Stakeholder Approach: • In defining or redefining the company mission, strategic managers ... reflect society’s beliefs about the actions of an individual or a group that are right and wrong 26 Management Ethics The Nature of Ethics in Business: • • Belief that managers will behave in an ethical...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 4

Ngày tải lên : 21/11/2016, 17:13

... forecasting helps protect and improve the profitability of firms in growing industries It alerts strategic managers to impending challenges and promising opportunities The key to beneficial forecasting ... professor Michael E Porter propelled the concept of industry environment into the foreground of strategic thought and business planning • The cornerstone of Porter’s work first appeared in the ... five forces that shape competition in an industry • Porter’s well-defined analytic framework helps strategic managers to link remote factors to their effects on a firm’s operating environment Industry...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 5

Ngày tải lên : 21/11/2016, 17:13

... R&D provided by the global firm 20 Global Strategic Planning (contd.) Reasons why strategic planning must be global: • The increased scope of the global management task • The increased globalization ... becoming a required competence of strategic managers Development of a Global Corporation Four Levels Level – export/import activity has minimal effect on the existing management orientation or on ... competition Regulations Chance Strategic Orientations of Global Firms • Ethnocentric orientation • When the values and priorities of the parent organization guide the strategic decision making of...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 6

Ngày tải lên : 21/11/2016, 17:13

... a historically popular technique through which managers create a quick overview of a company’s strategic situation SWOT Components • An opportunity is a major favorable situation in a firm’s ... Difficulty in Activity-Based Cost Accounting • It is important to note that existing financial management and accounting systems in many firms are not set up to easily provide activity-based ... be formidable Resource-Based View (RBV)  RBV is a method of analyzing and identifying a firm’s strategic advantages based on examining its distinct combination of assets, skills, capabilities,...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 7

Ngày tải lên : 21/11/2016, 17:13

... joint venture extends the supplier-consumer relationship and has strategic advantages for both partners 33 Strategic Alliances • Strategic alliances are distinguished from joint ventures because ... • • Strategic managers recognize that short-run profit maximization is rarely the best approach to achieving sustained corporate growth and profitability To achieve long-term prosperity, strategic ... are economic recessions, production inefficiencies, and innovative breakthroughs by competitors Strategic managers often believe the firm can survive and eventually recover if a concerted effort...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 8

Ngày tải lên : 21/11/2016, 17:13

... different stages of industry evolution, as a way to isolate key competitive advantages and shape strategic choices around them Emerging Industries • Emerging industries are newly formed or re-formed ... expansion of that customer base The ability to forecast future competitors Competitive Advantages and Strategic Choices in Growing Industries • Rapid growth brings new competitors into the industry ... from established customers  Strong capabilities in sales and marketing Competitive Advantages and Strategic Choices in Mature Industries • • • As an industry evolves, its rate of growth eventually...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 9

Ngày tải lên : 21/11/2016, 17:13

... sustained beyond a few years As a result, strategic analysis should center on strategic processes more than strategic positioning In these volatile markets, patchers strategic analysis focuses on making ... portfolio approaches Understand the synergy approach to strategic analysis and choice in multibusiness companies Evaluate the parent company role in strategic analysis and choice to determine whether ... appropriate to their strategic environment This allowed corporate managers in multiple-business companies one way to rationalize which businesses they are in 13 Ex 9.6 BCG’s Strategic Environments...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 10

Ngày tải lên : 21/11/2016, 17:13

... a company executes functional tactics that support the business’s strategy and help accomplish strategic objectives Functional Tactics (contd.) • Functional tactics are different from business ... may pursue • An executive compensation plan that contains a bonus component can be used to orient management s decision making toward the owners’ goals Types of Bonus Compensation Plans • Stock...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 11

Ngày tải lên : 21/11/2016, 17:13

... Restructure to emphasize and support strategically critical activities Reengineer strategic business processes Downsize and self-manage 20 Restructure to Emphasize and Support Strategically Critical Activities ... Emphasize and Support Strategically Critical Activities (contd.) • • Downsizing: Eliminating the number of employees, particularly middle management, in a company Self -management: Allowing work ... Outsourcing Product-team structure Restructuring Self -management 31 Key Terms (contd.) • • • Simple organizational structure Strategic alliances Strategic business unit • • Vertical boundaries Virtual...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 12

Ngày tải lên : 21/11/2016, 17:13

... in a vastly different future Strategic Intent • Leader’s clear sense of where they want to lead their company and what results they expect to achieve Clarifying Strategic Intent • • Leader’s ... way to things, and the need to be valued and accepted by the group 22 Ex 12.5 Management Processes and Levels of Management 23 Organizational Culture • Organizational culture is the set of important ... good organizational leadership involves Explain how vision and performance help leaders clarify strategic intent Explain the value of passion and selection/development of new leaders in shaping...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 13

Ngày tải lên : 21/11/2016, 17:13

... Scorecard 22 Ex 13.6 (contd.) Strategic Objectives Strategic Measures 23 Ex 13.6 (contd.) Strategic Objectives Strategic Measures 24 Ex 13.6 (contd.) Strategic Objectives Strategic Measures 25 Dashboard ... factors Strategic Surveillance • Strategic surveillance is designed to monitor a broad range of events inside and outside the firm that are likely to affect the course of its strategy • • Strategic ... adjustments Questions That Drive Strategic Control Are we moving in the proper direction? How are we performing? Types of Strategic Control • • • • Premise control Strategic surveillance Special...

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Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 14

Ngày tải lên : 21/11/2016, 17:13

... Entrepreneurship is the process of bringing together creative and innovative ideas and actions with the management and organizational skills necessary to mobilize the appropriate people, money, and operating ... Administrators • Entrepreneurs (unlike the above three) are high on both creativity/ innovativeness and management skills/business know-how Three Elements Central to Entrepreneurial Process Opportunity...

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Marketing management 14th edition

Ngày tải lên : 09/09/2013, 16:41

... Data Kotler, Philip Marketing management/ Philip Kotler, Kevin Lane Keller — 14th ed p cm Includes bibliographical references and index ISBN 978-0-13-210292-6 Marketing Management I Keller, Kevin ... Harvard Business Review, Sloan Management Review, Business Horizons, California Management Review, the Journal of Marketing, the Journal of Marketing Research, Management Science, the Journal ... Carnegie-Mellon, and Duke universities At Dartmouth, he teaches MBA courses on marketing management and strategic brand management and lectures in executive programs on those topics Previously, Professor...

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Tài liệu Strategic Management Part 1 pdf

Ngày tải lên : 24/12/2013, 14:16

... Strategic Management – MGT603 Importance of strategic Management Why we need to lay so much stress on strategic management? Strategic management becomes important ... management divided into layers Environment change also evaluates the strategic management Stages of Strategic management: The strategic management process consists of three stages: Strategy Formulation ... Nature of Strategic Management The strategic- management process does not end when the firm decides what strategy or strategies to pursue There must be a translation of strategic thought into strategic...

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Tài liệu Strategic Management Part 2 pptx

Ngày tải lên : 24/12/2013, 14:16

... for instituting strategic management is to build and support effective communication networks throughout the firm Staffing Personnel management Human resources management The management function ... Pakistan 100 Strategic Management – MGT603 VU Lesson 26 THE STRATEGIC POSITION AND ACTION EVALUATION (SPACE) MATRIX These dimensions are explained below: Internal Strategic Position External Strategic ... Virtual University of Pakistan 58 Strategic Management – MGT603 VU Strategists are becoming increasingly aware of how important human resources are to effective strategic management Human resource managers...

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Tài liệu Strategic Management Part 3 pdf

Ngày tải lên : 24/12/2013, 14:16

... 156 Strategic Management – MGT603 The Nature of Strategy Evaluation VU The strategic- management process results in decisions that can have significant, long-lasting consequences Erroneous strategic ... for an effective strategic- management system Carter Bayles described the benefits of strategy evaluation as follows: © Copyright Virtual University of Pakistan 152 Strategic Management – MGT603 ... personal factors Strategic management enables resources to be allocated according to priorities established by annual objectives Nothing could be more detrimental to strategic management and to...

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Tài liệu Strategic Management Accounting and Control doc

Ngày tải lên : 17/02/2014, 10:20

... planning, control and cost management The Design of Strategic Cost Management and Control Systems If management accounting information systems are to be useful for strategic purposes, that is, ... management control systems to promote strategic objectives (see Simons 2000) This paper: (i) discusses characteristics management accounting information systems should have to be useful for strategic ... product (low cost leadership or differentiation) 4.5 Extensions for Strategic Cost Management The design and use of strategic cost management systems are oriented around the application of three...

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