Strategy_Overview

Strategy_Overview - Strategy is a common vision that unites...

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1 is a common vision that unites an organization, provides consistency in decisions, and keeps the organization moving in the right direction. Strategy 2 Strategic Planning Vision Business Strategy Marketing Strategy Operations Strategy Financial Strategy Voice of the Business Voice of the Customer
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3 Understand Tradeoffs Example: Made-to-Order Pizza Fresh, Natural Ingredients Toppings & Crust Choice Slow to Cook Expensive Low Volume Ovens QUALITY QUALITY & DESIGN FLEXIBILITY VOLUME FLEXIBILITY TIME COST 4 Operations Strategy Customer Needs Corporate Strategy Operations Strategy Alignment Core Competencies Decisions Processes, Infrastructure, and Capabilities
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5 External Environment Customer or client participation Inputs Workers Managers Equipment Facilities Materials Services Land Energy Operations and transformations 1 3 5 2 4 Information on performance Outputs Goods Services The Transformation Process 6 Value Added Defined Inputs in $$ Transformation Process Outputs in $$$ Value Added by Process
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This note was uploaded on 10/24/2011 for the course IE 351 taught by Professor Wil during the Spring '08 term at Lehigh University .

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Strategy_Overview - Strategy is a common vision that unites...

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