21download_doc.php

21download_doc.php - 1.1. . STRATEGY Levels of strategy...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
1.1. S TRATEGY . Levels of strategy (only 3 and not 4) ( Functional – different department strategies ( Business – domain navigation. How to gain competitive advantage in the product market. Porter’s 5 forces are business level strategy ( Corporate – domain selection. What business will we be in? ( Global (this one is not a level) ( Strategy is basic characteristics of the match an organization achieves with its environments 2-way adaptive process, no longer at the mercy of the environment 1.2. T EN BOX SWOT MODEL . Five characteristics : ( Rigid order ( Salvationary ( Mundane ( Perpetual ( All parts are important ( Ten box SWOT model e Mission ( External analysis – threats and opportunities ( Internal analysis – strengths and weaknesses ( Interactive analysis – SWOT all together ( Long term goals – what are you going to do ( Long term strategies – how are you going to do it ( One year goals – part of long term goals ( Short term strategy ( Strategy implementation
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Monitoring, feedback, control ( More on SWOT: e Steps 1 thru 8 are called strategy formulation. There are 3 logics behind them: ( Goals before strategies ( External before internal ( Long term before short term ( Steps 9 and 10 are called strategy implementation (most important boxes) 1.3. S TRATEGIC DECISION MAKING ( PAGE 22) . Seven steps to higher quality decision making : ( In steps 1 thru 5 and 7 she makes the decision
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 6

21download_doc.php - 1.1. . STRATEGY Levels of strategy...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online