Carpenter PPT Chapter 05

Carpenter PPT Chapter 05 - Mason Carpenter Talya Bauer and...

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Mason Carpenter, Talya Bauer, and Berrin Erdogan
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Chapter 5 Strategizing Learning Objectives See how strategy fits in the P-O-L-C framework Better understand where strategy comes from Understand strategic focus Conduct internal analysis to develop strategy Conduct external analysis to develop strategy Formulating organizational and personal strategy © 2010 Jupiterimages Corporation
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Where Strategy Fits in “Planning”
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Strategic Management Process
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Strategy Implementation Strategy Formulation Planning 1. Vision & Mission 2. Strategizing 3. Goals & Objectives Organizing 1. Organization Design 2. Culture 3. Social Networks Leading 1. Leadership 2. Decision Making 3. Communications 4. Groups/Teams 5. Motivation Controlling 1. Systems/Processes 2. Strategic Human Resources
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Corporate & Business Strategy
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SWOT Analysis SWOT Analysis An audit of the company's internal workings and an examination of external opportunities and threats
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SWOT Analysis SWOT Analysis
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• What is the difference between strategy formulation and strategy implementation? • What is the difference between business strategy and corporate strategy? • What are some of the forms of diversification and what do they mean?
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