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Prentice Hall, Inc. © STRATEGIC MANAGEMENT & BUSINESS POLICY 10 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER CHAPTER 5 Internal Scanning: Organizational Analysis
Prentice Hall, Inc. © Resource-Based Approach to Organizational Analysis Internal strategic factors -- –Critical strengths and weaknesses that are likely to determine if the firm will be able to take advantage of opportunities while avoiding threats
Prentice Hall, Inc. © Resource-Based Approach to Organizational Analysis Resources Capabilities Competency Core competency Distinctive competency
Prentice Hall, Inc. © Core and Distinctive Competencies VRIO Framework -- –Value –Rareness –Imitability –Organization
Prentice Hall, Inc. © Resource-Based Approach to Organizational Analysis 5-Step Approach Strategy Analysis -- 1.Identify and classify resources 2.Combine strengths into capabilities 3.Appraise profit potential of capabilities 4.Select strategy that best exploits 5.Identify resource gaps invest in weaknesses
Prentice Hall, Inc. © Continuum of Sustainability
Prentice Hall, Inc. © Sustainability of Advantage Durability -- –Rate at which a firms underlying resources and capabilities depreciate or become obsolete
Prentice Hall, Inc. © Sustainability of Advantage Imitability -- –Rate at which a firms underlying resources and capabilities can be duplicated by others
Prentice Hall, Inc. © Sustainability of Advantage Core Competency can be imitated -- –Transparency –Transferability –Replicability
Prentice Hall, Inc. © Business Models Companys method for making money in the current business environment.
Prentice Hall, Inc. © Business Models Types of Models -- –Customer Solutions Model –Profit Pyramid Model –Multi-Component System/Installed Base Model –Advertising Model –Switchboard Model
Prentice Hall, Inc. © Business Models Types of Models -- –Time Model –Efficiency Model –Blockbuster Model –Profit Multiplier Model –Entrepreneurial Model –De Facto Standard Model
Prentice Hall, Inc. © Value-Chain Analysis Linked set of value-creating activities beginning with basic raw material and ending with distributors getting final goods into hands of customers
Prentice Hall, Inc. © Value-Chain Analysis Typical Value Chain for a Manufactured Product
Prentice Hall, Inc. © Corporate Value-Chain Analysis Primary activities Support activities
Prentice Hall, Inc. © Corporations Value Chain
Prentice Hall, Inc. © Scanning Functional Resources & Capabilities Basic Organizational Structures -- –Simple structure –Functional structure –Divisional structure –Strategic business units (SBUs) –Conglomerate structure
Prentice Hall, Inc. © Basic Organizational Structures
Prentice Hall, Inc. © Corporate Culture Collection of beliefs, expectations, and values learned and shared by a corporations members and transmitted from one generation of employees to another
Prentice Hall, Inc. © Strategic Marketing Issues –Market Position & Segmentation –Marketing Mix –Product Life Cycle –Brand & Corporate Reputation
Prentice Hall, Inc. © STRATEGIC MANAGEMENT & BUSINESS POLICY 10 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER CHAPTER 1 Basic Concepts of Strategic.
Chapter 2- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Two Company and Marketing Strategy Partnering to Build.
I NTERNAL A NALYSIS STRATEGIC MANAGEMENT ผศ. ดร. พิพัฒน์ นนทนาธรณ์
International business, 5 th edition chapter 11 international strategic management.
1 Chapter 2 Strategic Planning and the Marketing Process.
1 Strategy Implementation Strategic Entrepreneurship Organizational Structure and Structure and Controls Corporate Governance Strategic Leadership Strategy.
Copyright © 2003 Prentice-Hall, Inc. 1-1 Chapter 1 Marketing: Managing Profitable Customer Relationships PowerPoint by Kotler & Armstrong (and modified.
F O U R T H E D I T I O N Process Measurement and Analysis © The McGraw-Hill Companies, Inc., 2003 chapter 5 DAVIS AQUILANO CHASE PowerPoint Presentation.
The Strategic Management Frameworks Arnoldo Hax. The Frameworks for Competitive Positioning Porter Porter Resource-Based View of the Firm Resource-Based.
Exploring Corporate Strategy, Seventh Edition, © Pearson Education Ltd 2005 Exploring Corporate Strategy 7 th Edition Part II The Strategic Position.
Introduction to Strategy Lecture 1 Tahir Rashid. What is Strategy??? 5ql3EBs8 04/10/2014Tahir Rashid 2.
PowerPoint Presentation by Charlie Cook The University of West Alabama Strategic Management Competitiveness and Globalization: Concepts and Cases Michael.
Unit 3 (b) – Business level strategies R.Kannan. 4-2 What Is Business-Level Strategy? Business-level strategy – A plan of action to use the firm’s resources.
3- Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall 1 Organizational Theory, Design, and Change Sixth Edition Gareth R. Jones Chapter.
The Manager as a Planner and Strategist McGraw-Hill/Irwin Contemporary Management, 5/e Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved.
Copyright © 2009 Pearson Education, Inc. Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall 1- 1 A Framework for Human Resource Management,
Chapter 7 McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved.
Purchasing and Supply Chain Management by W.C. Benton Chapter Two Purchasing Decisions And Business Strategy McGraw-Hill/IrwinCopyright © 2010 The McGraw-Hill.
2-1 Copyright 2009 McGraw-Hill Australia Pty Ltd PPTs t/a Managerial Problem Solving by Wood Slides prepared by Robert Wood, Julie Cogin and Jens Beckmann.
Copyright © 2005 Prentice Hall, Inc. All rights reserved.3–1 Planning Defined Defining the organizations objectives or goals Establishing an overall strategy.
E-Marketing, 3rd edition Judy Strauss, Adel I. El-Ansary, and Raymond Frost Chapter 2: Strategic E-Marketing © Prentice Hall 2003.
Chapter 9- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Nine New-Product Development and Product Life-Cycle Strategies.
1 of 21 Information Strategy Developing an Information Strategy © FAO 2005 IMARK Investing in Information for Development Information Strategy Developing.
Strategic Business Planning for Marketers- intro “No matter how good your product is-you are always exactly 18 months away from complete failure.” Nathan.
Using Advanced Information Technology to Increase Performance McGraw-Hill/Irwin Contemporary Management, 5/e Copyright © 2008 The McGraw-Hill Companies,
Value and Enterprise Stakeholders Prof. Deborah Nightingale September 16, D. Nightingale - © 2002 Massachusetts Institute of Technology.
Chapter 14 E-Commerce Strategy and Global EC. Electronic CommercePrentice Hall © Learning Objectives 1.Describe the strategic planning process.
Prentice Hall, Inc. © STRATEGIC MANAGEMENT & BUSINESS POLICY 10 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER CHAPTER 4 Environmental Scanning and.
1 ICS 462 Information Systems Strategy & Implementation 2.1 Analytical Tools in Strategic Management: Strategic Analysis.
McGraw-Hill/Irwin © The McGraw-Hill Companies, All Rights Reserved BUSINESS PLUG-IN B16 Operations Management.
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