Ch12 Lecture Slides 2009

Ch12 Lecture Slides 2009 - • Advantages of internal...

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112–1 Strategic Leadership     and the Strategic  Adapted from Figure 12.1 Effective Strategic Leadership Strategic Intent Strategic Mission Successful Strategic Actions Formulation of Strategies Implementation of Strategies Strategic Competitiveness Above-average Returns Shapes the Formulation of and Influence Yields Yields
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212–2 Top Management Teams Key managers responsible for formulation and implementation of strategy A heterogeneous TMT: Ø Has varied expertise and knowledge Ø Can draw on multiple perspectives Ø Will evaluate alternative strategies Ø Builds consensus
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312–3 Managerial Labor Market
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Unformatted text preview: • Advantages of internal candidate: Ø Experience with industry environment Ø Familiarity with company products, markets, technologies, and operating procedures Ø Produces lower turnover • Advantages of external candidate: Ø Long tenured insiders may be “stale” Ø Outsiders may bring fresh perspectives 412–4 Effects of CEO Succession and Top Management Team Composition on Strategy Figure 12.3 Strategic Change at Chrysler • This …not this 512–5 612–6 Exercise of Effective Strategic Leadership Figure 12.4...
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This note was uploaded on 12/04/2009 for the course MGMT 451 taught by Professor Staff during the Spring '08 term at Purdue.

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Ch12 Lecture Slides 2009 - • Advantages of internal...

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