MG106_2017_Lecture12.pdf - MG106 Strategic Management Lecture 12 Final Remarks Dr M Lourdes Sosa [email protected] Company X Decomposition of

MG106_2017_Lecture12.pdf - MG106 Strategic Management...

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MG106 Strategic Management Lecture 12 – Final Remarks Dr. M. Lourdes Sosa [email protected]
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2 Decomposition of Profitability Portion due to Industry Factors Portion due to Sources of Competitive Advantage Firm Profitability Company X +B% Profitability (e.g., ROA, ROE) A% (A+B)% Who What How VRI Resources
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3 asset stock asset flow in asset flow out (i.e. asset erosion) Underlying system Resource Accumulation “the bathtub metaphor” Dierickx and Cool (1989)
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4 Business Model Structure Source: Adapted from Markides (1999) Incentives Recruiting & Training Culture Internal Organizational System
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5 The Value Chain PRIMARY ACTIVITIES SUPPORT ACTIVITIES Reference: Porter (1985)
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8 A tool used in implementation: 1. Templates Key Partners Key Activities Value Proposition Customer Relationships Customer Segments Key Resources Channels Cost Structure Revenue Streams Reference: Osterwalder and Pigneur (2010, p.44)
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9 A tool used in implementation: 2. Alternative Frameworks Reference: Waterman, Peterse and Phillips (1980)
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10 Source: Eisenhardt and Sull (2001), Sull (2015) Záti š i Catering Group A tool used in implementation: 3. Simple Rules
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11 Two ‘equivalent’ email messagesJohn Collins telephoned to say that he can’t make the meeting at 3:00. Hal Johnson says he doesn’t mind making it later, or even tomorrow, but not before 10:30and Don Clifford’s secretary says that Clifford won’t return from Frankfurt until tomorrow, late. The Conference Room is booked tomorrow, but free Thursday. Thursday at 11:00looks to be a good time. Is that OK for you?Could we reschedule today’s meeting to Thursday at 11:00A tool used in implementation:4. Communication , ? Reference: Pinto (2008)
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12 Today Doubts on practice exam questions A contest in teams Work with the concepts from the entire course • Revision Go over all material Answer doubts in general
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13 LET’S VOTE!
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14 How many questions will there be in the exam?
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  • Spring '16
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