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(c) Macmillan & Tampoe 2001 1 Context Chapter 5 Diversity of Context.

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Presentation on theme: "(c) Macmillan & Tampoe 2001 1 Context Chapter 5 Diversity of Context."— Presentation transcript:

1 (c) Macmillan & Tampoe Context Chapter 5 Diversity of Context

2 (c) Macmillan & Tampoe context discussed in the book normal business Knowledge intensive enterprises Mature businesses and declining industries Turnaround, recovery and end-game Public sector e.g., education, health, local government, executive agencies, police etc.

3 (c) Macmillan & Tampoe Normal Business Context Privately owned Moderately large Significant investment in tangible assets Growing or intending to grow

4 (c) Macmillan & Tampoe Knowledge-intensive Enterprises Knowledge as key to wealth creation Examples: Professional service firms Creative businesses Educational services Publishing of all kinds Knowledge management becomes a part of strategic management

5 (c) Macmillan & Tampoe Mature businesses and declining industries Dearth of opportunities Imaginative regeneration the key 4 steps (Baden-Fuller and Stopford) Galvanize Simplify Build Maintain momentum and extend advantage

6 (c) Macmillan & Tampoe Turnaround, recovery and end-games Understanding causes of decline Turnarounds and sharpbenders End-game strategies

7 (c) Macmillan & Tampoe The Public Sector - A Specific Context Traditional public sector management New Managerialism Management v Administration Significant differences between sectors: Local government Health services Executive agencies Education

8 (c) Macmillan & Tampoe Comparison of private and public sector management Basic differences in administrative systems (government) and management systems (business) figure 5.3 Difference in management focus between private and public sectors figure 5.4


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