week 5 strategy - Principlesof Management Week5Strategic...

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1   Principles of  Management  Week 5 – Strategic  Management
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2 What Is Strategic  Management? A set of managerial decisions and  actions that determines the long-run  performance of an organization A formula of success
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3 Strategic Management  Process
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4 The Strategic Management  Process 1. Identifying the Organization’s Current  Mission, Objectives, and Strategies mission  - statement of the purpose of  an organization important in profit and not-for-profit  organizations
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5 Components of a Mission Statement
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6 SWOT Strength, Weakness, Opportunities, and  Threats Strength = Competitive advantages =  Core competencies
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7 Identifying the Organization’s  Opportunities Organization’s Opportunities Organization’s Resources/Abilities Opportunities in the Environment
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8 Levels of Org. Strategy
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9 Corporate Level Strategy What businesses should the company  be in? PepsiCo – soft drinks
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week 5 strategy - Principlesof Management Week5Strategic...

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